Japan's SoftBank Group reported annual net profit which jumped more than a third, helped by gains from its investment fund which has ploughed billions into some of the hottest names in the tech sector.
Industry News
Huawei overtakes Apple in global smartphone sales
Chinese ICT behemoth Huawei has overtaken Apple in smartphone sales following the opening quarter of 2019, in what is becoming an increasingly more competitive and volatile market. Huawei now jumps into 2nd place ahead of the US iPhone manufacturer in a market dominated by South Korean juggernaut Samsung.
Nokia and FAW Group collaborate for digital transformation of Chinese automotive sector
Nokia and FAW Group signed an MoU to pursue a research project on smart connected cars, industrial IoT, digital transformation and smart manufacturing.
ZTE enjoys profit in Q1 despite increase in CAPEX for 5G
ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet has reported its first-quarter results of 2019. Meanwhile, the company also its preliminary results for the six months ended 30 June 2019.
ZTE launches first 5G smartphone in China
ZTE Corporation, major global provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, today held the first 5G smartphone launch event in China, announcing the ZTE Axon 10 Pro 5G.
ZTE signs partnership agreement on ‘smart agriculture’
ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, today announced that it has signed heads of agreement with PLS Plantation Berhad.
Telenor and Axiata to merge Asian telecom operations
On Monday, Norweigian telco Telenor said it may potentially merge its Asian operations with Malaysian telco Axiata.
Chinese government calls on UK to make ‘independent decision’ on 5G suppliers
China’s ambassador to the United Kingdom has pleaded with the British Government to make an independent decision on selecting its equipment suppliers for the buildout of its 5G networks.
ZTE signs agreement for 4G network expansion in Indonesia
Chinese telecommunications behemoth ZTE Corporation has signed an agreement with Indonesia’s Smartfren for 4G network expansion and 5G network trials.
Dutch operator signs 5G agreement with Huawei
Dutch telecommunications operator KPN has formally announced that it has penned an agreement with Huawei to build its 5G Radio Network. However, it has also been disclosed that it will only select a Western vendor for its 5G core and Huawei will not be considered for that role.