Japan’s SoftBank announced that it has entered into a definitive agreement of investment in Energy IoT Platformer, ENCORED INC. (“Encored”). On August 1, the corporate name will change from ENCORED INC. to Encored Japan Inc. (“Encored Japan”). SoftBank will also invest in Encored USA.
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The CEO of Western Digital Corp is set to meet a number of prominent officials from the Japanese government in the latest attempt to resolve the long-running feud with Toshiba Corp over the sale of its lucrative chip business. CEO of Western Digital, Steve Milligan confirmed that he will meet Japanese representatives that have been recently appointed to senior positions in the Ministry of Economy, Trade and Industry (METI).
Hong Kong’s director general of communications, Eliza Lee Man-Ching has responded to scathing criticism over the government’s policy approach to 5G spectrum allocation from its largest operator HKT.
Russian messaging service Telegram has declared it will block terrorist-related channels after Indonesia’s government threatened to completely block the service expressing concerns that the app had become a breeding ground for terrorist content sharing.
The Indian government has formally announced its strategy for the implementation of 5G technology, and has claimed that it could lead global subscriptions of the revolutionary technology along with North America by 2022.
Xiaomi founder and CEO, Lei Jun, revealed that the company shipped a record 23.16 million smartphones in Q2 2-17, reflecting an increase of 70 percent from the previous quarter, marking a record high for Xiaomi’s quarterly smartphone shipments.
France’s regulatory body has expressed its confidence that operators will be in a position to launch 5G services next year, as it formally announced its plans to auction off spectrum for the next-generation technology that is set to revolutionize the world as we know it.
Taiwan’s government has formally announced its plans to spend $32.73m in artificial intelligence research centers over the next five years. Taiwan’s progressive government has been actively pursuing initiatives which promote the enhancement of technology and innovation in order to improve the nation. It has embraced digital transformation and technological advancement – and this latest announcement reiterates the country’s vision.
Investment by a series of Chinese vendors has resulted in strong growth in the Indonesian smartphone market. Chinese smartphone manufacturers have expanded sharply in the region in the last twelve months, but that strategy resulted in dramatic decline in market share for local manufacturers.
India’s newest 4G telecommunications operator Reliance Jio has launched an investigation amidst claims that the personal data of over 100 million of its customers has been leaked on to a website. If the claims are found to be true, it would represent the largest ever data breach at an Indian telecommunications operator.