Japanese conglomerate Toshiba is set to publicly announce that it will sell its prized memory chip unit to Western Digital after months of protracted negotiations, legal rows and rejected bids. Toshiba is desperately trying to offload its chip unit in order to generate funds to help pay off its debts for its bankrupt US nuclear unit Westinghouse.

Read more: Toshiba to sell its memory chip unit to Western Digital after protracted negotiations

The jailed Vice Chairman of Samsung Electronics Co has replaced his lawyer ahead of his forthcoming appeal against the five-year sentence he was handed after being found guilty of bribery and other charges. The sentence passed down to Jay. Y Lee stunned South Korea - and the decision was subsequently described as a ‘landmark case’ in the history of the country.

Read more: Samsung chairman jailed for five years replaces lawyer ahead of appeal

At HUAWEI CONNECT 2017, Huawei and Microsoft signed a strategic memorandum of understanding (MOU) on Cloud Service under which Microsoft applications will be released on HUAWEI CLOUD. The two companies will initiate in-depth cooperation on the public cloud to provide the optimal experience of cloud services for enterprises and help enterprises implement digital transformation.

Read more: Huawei Cloud and Microsoft sign MOU to embark on new strategic cooperation

Internet of Things (IoT) will generate estimated US$1.8 trillion revenue for mobile network operators by 2026, driven by the early deployment of commercial Power Wide Area Networks in licensed spectrum, according to GSMA, which highlighted new figures in the IoT Forecast Database Research published by analyst house Machina Research.

Read more: IoT to generate $1.8 trillion in revenue for mobile operators

US data storage company Western Digital has performed a U-turn on its bid to acquire Toshiba’s lucrative flash memory chip unit after negotiations stalled. The long-running saga looked like it was nearing its conclusion as Western Digital’s CEO jetted into Tokyo for talks with Toshiba last week - after previously seeking an injunction blocking the sale of its chip business, citing that it legally needed its consent before signing off on any deal.

Read more: Western Digital perform U-turn on Toshiba chip sale after talks stall

Young consumers across Asia Pacific are now the core driver for new communications services and will have an impact on operators’ business, said Zhou Jianjuan, Vice President of Huawei’s Carrier Business Group, speaking at the Asia Pacific Emerging Markets Summit in Bangkok, Thailand, on August 29.

Read more: Huawei outlines dimensions to boost operators’ business in Asia Pacific

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