A major Japanese multinational conglomerate has been forced to sell a minority stake in its memory chip business in order to raise capital amidst an impending legal lawsuit from a financial institution. Toshiba are being sued by Japanese Trust Banks over its 2015 accounting scandal.
Telecom Review Asia Pacific - Telecom Industry News
Samsung have announced that they will not be unveiling the highly anticipated launch of their Galaxy S8 at the Mobile World Congress expo in Barcelona next month.
Huawei announced that it has become an executive corporate member of the Cloud Security Alliance (CSA). The CSA is committed to ensuring the security of cloud services. Today, with the addition of Huawei, the CSA has nine executive corporate members. Executive members receive special access to the leadership team and board of directors of the CSA via an advisory group, the Executive Membership Council.
Thuraya Telecommunications Company, a leading mobile satellite services operator, and Indosat Ooredoo, leading mobile operator in Indonesia, today signed a Memorandum of Understanding (MOU) to develop a new range of services by combining Indosat products with Thuraya Satellite technology and devices for business customers in Indonesia.
NorthTelecom has recently entered into an agreement with a Philippine-based Public Telecommunications Entity (PTE) to supply satellite ground hardware, space segment capacity, and internet bandwidth for the Philippine rural market, especially the unserved and underserved areas.
Vodafone India have announced that they will provide customers with another free increase in 4G data allowances in an attempt to defend its customer base as a '˜price war' ensues in the country.
Taiwan’s economy has significantly grown due to a strong demand for electronics in the region – the country is traditionally recognized as an export-driven technology hub – and it has recorded its best economic performance since emerging from recession in April last year.
Huawei Consumer Business Group (CBG) revealed its expected 2016 annual performance figures indicating a 42 percent increase when compared to 2015. With anticipated sales revenue of US$26 billion, Huawei CBG is showing steady growth for the fifth consecutive year. Additionally, smartphone shipments reached 139 million units presenting a year-on-year growth of 29 percent.
Qualcomm has fired back at Apple after it sued the company on Friday, 20 January, over allegations of monopoly abuse. Some analysts suspect Apple is taking advantage of the monopoly abuse lawsuit filed against Qualcomm by the US Federal Trade Commission, to pave the way for other mobile chipset makers, in order to forge more deals. Analyst Patrick Moorhead said he believes Apple “is not comfortable in feeling that they have only one [chipset] source and are taking this opportunity to go after Qualcomm.”
The Chinese government is set to open the telecoms industry to private investment as part of its efforts to improve the country's internet service '“ which it has identified as a key driver of economic growth. A notice from the Central Committee and the State Council stated that the government would be given a free rein to telecoms companies in the development of the internet.