Asia Pacific (excluding Japan) spending on the technologies and services that enable the digital transformation of business practices, products, and organizations is estimated to be $375.8 billion in 2019, according to the IDC Worldwide Semiannual Digital Transformation Spending Guide. Digital transformation spending is expected to steadily expand throughout the 2017-2022 forecast period, achieving a five-year compound annual growth rate of 17.4%.

Read more: Digital transformation spending to reach $375.8 billion in 2019 in Asia Pacific

Huawei will sell its majority share in a submarine cable unit, Huawei Marine Networks, amid a US-led drive to isolate the Chinese telecom giant from global information networks over spying fears. Huawei Marine Networks is a joint venture between Huawei and UK-based undersea cable firm Global Marine Systems.

Read more: Huawei to sell majority share in undersea-cable business

Huawei and TIME dotCom (TIME) jointly signed a memorandum of understanding (MoU) on the construction of a pilot 10 Gigabit Passive Optical Network (10G PON), aiming to provide gigabit ultra-broadband for fixed access users in Malaysia.

Read more: Huawei to provide gigabit ultra-broadband for fixed access users in Malaysia

With the aim of drawing a clear picture of healthcare IT spend in Asia Pacific region (excluding Japan), IDC released a new report entitled “The new Asia/Pacific (excluding Japan) Healthcare IT Sector Spending Forecast and Trends, 2017-2022”. The report shows that Asia/Pacific healthcare IT sector spending is forecast to increase from USD 12.2 billion in 2019 to USD 14.9 billion by 2022, at a CAGR of 7%. This IDC analysis report scans the regional trends and draws a picture, detailing the emerging trends in various countries aligning with their respective spending forecasts.

Read more: Asia Pacific healthcare sector IT spending to reach USD 12.2 Billion in 2019

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