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.

Read more: Aussie telco Pivotel secures North American stronghold with double acquisition

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.

Read more: Xiaomi eyeing production of own chips with backing from VeriSilicon

Quectel Wireless Solutions Co Ltd, a major global supplier of cellular and Global Navigation Satellite System (GNSS) modules, has issued a statement that the company has listed its initial public offering on the main board of the Shanghai Stock Exchange yesterday.

Read more: Quectel announces IPO listing on Shanghai Stock Exchange

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