ZTE Corporation, a global leader in integrated information and communication technology (ICT) solutions, recently reaffirmed its dedication to advancing AI innovation for the betterment of society at the AI for Good Summit 2024 in Geneva, Switzerland. As a Gold Sponsor, ZTE's participation marked its fourth consecutive year at the event, highlighting the company's commitment to driving AI innovation for the greater good.
Industry News
Cambodia Embraces Mobile Banking as Internet Transactions Decline
Mobile banking is officially the most popular form of banking in Cambodia, with transactions via mobile phones increasing while internet transactions are decreasing. Data from the National Bank of Cambodia (NBC) shows that mobile banking transactions grew by 11% to KHR 746.7 trillion (USD 164 billion) in 2023, while internet banking transactions (using laptops and PCs) decreased by 7% to KHR 74.5 trillion.
Ready, Set, Summit! Mark your Calendars for the 18th Telecom Review Leaders’ Summit
Save the date this December for the ICT industry’s highly anticipated event, the 18th edition of the Telecom Review Leaders’ Summit.
KDDI Leads Plan to Establish Asia’s Largest AI Data Center
KDDI, Super Micro Computer Inc., Sharp Corporation, and Datasection Inc., have announced their plan to establish the largest AI data center in Asia, which is expected to revolutionize the AI infrastructure landscape in the region.
NTT DOCOMO Unveils Japan's First Self-Powered Hydropower Cellular Base Station
NTT DOCOMO recently announced the launch of Japan's first demonstration experiment of a self-powered hydropower cellular base station on May 30th. The experiment involves DOCOMO's hydroelectric power-generation system and a jet turbine developed by Professor Yukihiro Shimatani of the Prefectural University of Kumamoto.
Singapore to Invest in National Quantum Strategy, Launches Green DC Roadmap
Singapore will invest around SGD 300 million into its National Quantum Strategy to accelerate the growth of the quantum industry in the country.
Japan Plans New Legislation to Boost Advanced Semiconductor Production
Japan reportedly intends to explore enacting laws to aid in the commercial manufacturing of advanced semiconductors, as revealed in a draft of this year's long-term economic policy plan.
Singtel and Telin to Launch INSICA Submarine Cable
Singtel and PT Telekomunikasi Indonesia International (Telin) have signed a Memorandum of Understanding to create a new submarine cable system connecting Singapore and Batam, Indonesia. This new system, called INSICA (Indonesia Singapore Cable System) Consortium, is expected to be operational by the fourth quarter of 2026.
India Delays 5G Spectrum Auction Once Again
On the verge of its upcoming 5G spectrum auction, India’s Department of Telecommunications (DoT) has reportedly postponed the event once more, now scheduling it for June 25.
India’s Mobile Services Revenue to Surge by CAGR of 3%
India’s mobile services revenue is expected to grow at a compound annual growth rate (CAGR) of 3%, rising from USD 27.7 billion in 2023 to USD 32.6 billion in 2028. This growth is primarily driven by the substantial increase in mobile data services.