Japanese tech giant Toshiba posted a shocking $8.8 billion earnings loss on August 10 for the last fiscal year. The struggling firm posted its long-awaited results to reduce the risk that it will be delisted from the Tokyo Stock Exchange. Toshiba had postponed the release of its results for months, as it struggled to secure authorization from its auditors.

Read more: Toshiba posts shocking $8.8 billion earnings loss

South Korea’s SK Telecom reported revenue of KRW 4.346 trillion for Q2 2017 and operating income of KRW 423.3 billion and net income of KRW 620.5 billion. Compared to the same period last year, the revenue and operating income for the second quarter increased by 1.8% and 3.9%, respectively, owing to the improved performance of its subsidiaries including SK Broadband and SK Planet.

Read more: SK Telecom’s subsidiaries provide financial strength in Q2

Samsung regained the top sales spot in the USA in the three month period ending in May 2017, with market share rising to 36.2 percent, according to the latest smartphone OS data from Kantar Worldpanel ComTech. But this represents a fall of 1.1 percent over the past year, with Apple holding 34 percent share, up 4.7 percent from the previous year.

Read more: Samsung holds top sales spot in US, but loses share to Apple

ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, together with China Mobile and Qualcomm, announced that they have demonstrated a Pre5G gigabit rate solution in time division-long term evolution (TD-LTE) commercial network in Quanzhou, Fujian.

Read more: ZTE, China Mobile and Qualcomm collaborate to demonstrate Pre5G gigabit solution

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