ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, has signed a five-year 5G cooperation agreement with Universidad Distrital Francisco José de Caldas of Colombia (UDFJC University) to establish a 5G Joint Innovation Research Center in Colombia.
Industry News
Reliance Jio becomes India’s largest Telco
Reliance Jio has become India’s largest telecom company, possessing a user base of 331.3 million subscribers.
Aussie telco Pivotel secures North American stronghold with double acquisition
Australia’s fourth largest mobile carrier Pivotel has acquired two US-based mobile satellite solution businesses, MVS USA Inc. and Explorer Satellite Communications Inc., through its US based subsidiary Pivotel America Inc., significantly increasing its scale in North America and opening new markets in Latin America and Europe.
Indian government advocates for fairer competition in telecom industry
India’s Minister for Communications, Ravi Shankar Prasad, has stated that the government will not encourage industry monopolies and will take steps towards ensuring fairer competition.
Samsung net profits plummet as chip market weakens
The world's biggest smartphone and memory chip maker Samsung Electronics reported second-quarter net profits slumping by more than half in the face of a weakening chip market, and as a trade row builds between Seoul and Tokyo.
Huawei Australia appoints new Cyber Security Officer
Huawei Australia is announcing today that their Chief Technology Officer, David Soldani, will take on an extended role and replace the retiring Malcolm Shore as our Cyber Security Officer.
Singapore’s Mediacorp faces backlash over “brownface” ad
An advertisement featuring an actor of Chinese origin with his skin darkened to portray different races has sparked anger in multi-ethnic Singapore, prompting an apology from the country's state-owned broadcaster.
Xiaomi eyeing production of own chips with backing from VeriSilicon
Xiaomi has recently declared its intention to renew its aim towards independent chipmaking with the support of VeriSilicon Holdings Co Ltd. The Chinese electronics corporation, headquartered in Beijing, has bought a 6% stake in VeriSilicon, making it the Shanghai-based chip designer’s second largest investor and thus ensuring its role in guiding the chipmaker’s growth and innovation efforts.
Huawei jumps to 61st spot on the 2019 Fortune 500 List
Continuing a multi-year track record of acceleration, Huawei has ranked 61st on the Fortune 500 list. This year’s ranking represents an 11 point jump from last year and an impressive 68 point leap from 2017.
MEF Awards for technology and innovation, now open for entries
MEF has announced that its 2019 MEF Awards program is now officially open for entries.