Taiwan’s economy has significantly grown due to a strong demand for electronics in the region – the country is traditionally recognized as an export-driven technology hub – and it has recorded its best economic performance since emerging from recession in April last year.

Read more: Taiwan’s economy grows due to strong demand for electronics

Huawei Consumer Business Group (CBG) revealed its expected 2016 annual performance figures indicating a 42 percent increase when compared to 2015. With anticipated sales revenue of US$26 billion, Huawei CBG is showing steady growth for the fifth consecutive year. Additionally, smartphone shipments reached 139 million units presenting a year-on-year growth of 29 percent.

Read more: Huawei Consumer Business Group reports strong 2016 performance

Qualcomm has fired back at Apple after it sued the company on Friday, 20 January, over allegations of monopoly abuse. Some analysts suspect Apple is taking advantage of the monopoly abuse lawsuit filed against Qualcomm by the US Federal Trade Commission, to pave the way for other mobile chipset makers, in order to forge more deals. Analyst Patrick Moorhead said he believes Apple “is not comfortable in feeling that they have only one [chipset] source and are taking this opportunity to go after Qualcomm.”

Read more: Qualcomm fires back at Apple’s monopoly abuse accusations

The Chinese government is set to open the telecoms industry to private investment as part of its efforts to improve the country's internet service '“ which it has identified as a key driver of economic growth. A notice from the Central Committee and the State Council stated that the government would be given a free rein to telecoms companies in the development of the internet.

Read more: China to give free rein to telecoms companies to improve country's internet service

Bitcoin, the decentralized cryptocurrency and a payment system, saw its prices drop recently after China's Central Bank announced it was investigating exchange platforms trading in the online currency. Confidence in Bitcoin dropped because of fears that Beijing could be leading a crackdown on the digital currency as part of its increasing battle against money flowing overseas.

Read more: China's Central Bank caused Bitcoin's prices to plummet

Thuraya Telecommunications Company, a leading mobile satellite services operator, and Indosat Ooredoo, leading mobile operator in Indonesia, today signed a Memorandum of Understanding (MOU) to develop a new range of services by combining Indosat products with Thuraya Satellite technology and devices for business customers in Indonesia. 

Read more: Thuraya and Indosat Ooredoo set to transform communications in Indonesia

Competition in India's telco sector has intensified since Reliance Jio was launched into the market in September 2016, adding 52 million subscribers in its first three months of operation. A report by a UK newspaper indicated that Vodafone India and Idea Cellular were seeking a merging with Reliance Jio. But the story has been denied by sources in a report by the Hindustan Times.

Read more: Vodafone India and Idea Cellular deny reports of merger with newcomer

Vodafone India have announced that they will provide customers with another free increase in 4G data allowances in an attempt to defend its customer base as a '˜price war' ensues in the country.

Read more: Vodafone India to give customers free increase in 4G data allowances in '˜price war'

In early January 2017, Apple announced plans to invest $1 billion in Japanese telecoms giant SoftBank's $100 billion technology venture capital fund. Apple will reportedly join a list of other expected investors which include Foxconn Technology Group and Oracle Chairman Larry Ellison. Other companies like Qualcomm have already committed to the fund.

Read more: Japan's SoftBank to receive $1bn tech fund investment from Apple

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