Industry News

Taiwanese chip giant TSMC briefly became the world's tenth largest company thanks to a two-day surge in its stock price that has propelled the island's exchange to a record high.

Following the success of the first virtual panel which tackled the impact of COVID-19 on 5G deployment, Telecom Review is set to hold a virtual panel entitled: Capacity and data traffic: Enabling a seamless experience, on July 21st at 16:00 pm UAE time.

Telecom Review, the leading global telecoms news platform, held a virtual panel on 21 July, attended by 346 participants, to discuss the latest and most pressing issues in the wholesale and capacity space. Telecom Review mobilized an impressively unique panel with representatives from Etisalat, MTN GlobalConnect, PCCW Global, Tata Communications, SES, Orange and GBI.

Nokia today announced the availability of a software based upgrade that will enable its 4G/LTE radios to be migrated seamlessly to 5G/NR.

Google and India's Reliance conglomerate have entered a strategic partnership to develop an entry-level smartphone aimed at providing fast internet access to the country's 1.3 billion people, the Silicon Valley giant said.

Huawei has announced its financial results for the first half of 2020 which showed a 13.1% increase year-on-year and a net profit margin of 9.2%.

The mobile services revenue in Malaysia is poised to grow at a sluggish compound annual growth rate (CAGR) of 0.1% during 2019-2024, from US$5.1bn in 2019 to US$5.4bn in 2024, after registering a major drop in the market revenues in 2020 due to the COVID-19 outbreak, according to GlobalData, a leading data and analytics company.

In a pilot initiative aiming to adopt and support a more agile digital culture, Ooredoo Group has extended its Work-From-Home procedures, allowing employees whose work doesn't require them to physically be in the office to continue working remotely until the end of 2020.

Nokia has won an IP/MPLS network deal with Thailand’s leading complete digital lifestyle enabler, True Group. Nokia’s solution, which will be deployed in the northeastern and eastern areas of the country where the important Eastern Economic Corridor (EEC) is located, will enable a robust 5G rollout with customized services requirements for throughput, latency and reliability.

Samsung Electronics forecast a 23% rise in second-quarter operating profit, with strong demand for memory chips and displays overcoming the impact of the coronavirus pandemic on smartphone sales.