China’s No.1 mobile wallet app, Ant Financial, which is an affiliate of Alibaba Group, has made its move to penetrate the South Korean payment platform market with a $200m investment. However, it’s just the latest in a number of significant overseas investments the Chinese company has made in recent months.

Read more: China’s Ant Financial moves into South Korea with $200m investment

Consumers in Thailand have been given a boost following the official announcement of the launch of ‘Samsung Pay’ in the region from the Korean mobile giant. The cashless payment service has in fact been running in a limited number of outlets in an ‘early access’ fashion for the best part of a year.

Read more: Boost for consumers as ‘Samsung Pay’ officially launches in Thailand

Chinese telecoms giant ZTE Corporation, together with Indonesian service provider Smartfren Telecom Tbk, successfully completed the Pre5G Massive MIMO service test. This is Southeast Asia's first field commercial trial of Pre5G technology that could support technology evolution from 4G to 5G, demonstrating Smartfren’s continuous leadership in 4G technologies to the benefit of its customers.

Read more: ZTE and Indonesia’s Smartfren complete region’s first Pre5G Massive MIMO test

M1 Limited (M1), Singapore’s third largest mobile carrier, and Huawei announced on 18 January that they had successfully achieved Singapore’s highest 5G transmission speeds of 35Gbps. The demonstration, at M1’s main operating centre in Jurong, is part of Huawei’s long-term commitment to the successful deployment of 5G network by the year 2020.

Read more: Huawei and M1 achieve Singapore’s highest 5G transmission speeds of 35Gbps

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