Huawei has strengthened its position in a leading global brand index while also increasing its brand value. BrandZ’s annual Top 100 Most Valuable Global Brands study, published by WPP’s research arm Kantar, ranks Huawei 47th (up one place from last year) with an eight percent increase in brand value. It’s the fourth consecutive year that Huawei has been featured in the top 50.

Read more: Global brand index levels up Huawei’s position and brand value

Huawei and TIME dotCom (TIME) jointly signed a memorandum of understanding (MoU) on the construction of a pilot 10 Gigabit Passive Optical Network (10G PON), aiming to provide gigabit ultra-broadband for fixed access users in Malaysia.

Read more: Huawei to provide gigabit ultra-broadband for fixed access users in Malaysia

Thuraya Telecommunications Company, the mobile satellite services subsidiary of the Al Yah Satellite Communications Company (Yahsat), announced it is unveiling its newest smart solutions for the fast growing APAC market at CommunicAsia 2019. The role of mobile satellite communications in shaping a connected future is certainly not miniscule. By combining the power of L-band with the dexterity of GSM and the global reach of Ku, Thuraya provides users unrivalled access to voice, broadband and Machine-to-Machine (M2M) communications on a plethora of platforms and networks – multiplicity, being a key enabler of smart, connected technologies. 

Read more: Thuraya unveils smart satellite solutions at CommunicAsia 2019

With transformation at the top of their agenda, business leaders are meeting at ConnecTechAsia, which will be held in Singapore from June 18-20, 2019, to showcase and discover the latest technologies that promise to ready businesses for the future.

Read more: ConnecTechAsia: The region’s TMT platform for networking and business intelligence

Asia Pacific (excluding Japan) spending on the technologies and services that enable the digital transformation of business practices, products, and organizations is estimated to be $375.8 billion in 2019, according to the IDC Worldwide Semiannual Digital Transformation Spending Guide. Digital transformation spending is expected to steadily expand throughout the 2017-2022 forecast period, achieving a five-year compound annual growth rate of 17.4%.

Read more: Digital transformation spending to reach $375.8 billion in 2019 in Asia Pacific

Huawei will sell its majority share in a submarine cable unit, Huawei Marine Networks, amid a US-led drive to isolate the Chinese telecom giant from global information networks over spying fears. Huawei Marine Networks is a joint venture between Huawei and UK-based undersea cable firm Global Marine Systems.

Read more: Huawei to sell majority share in undersea-cable business

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