Industry News

ZTE revised its Q1 results to announce that what was a profit has turned into a significant net loss of more than CNY5.4 billion ($790 million, due to the impact of the recent US trade ban.

China's state-owned China Tower, the world's largest operator of telecommunications towers, announced it will aim for an $8.7 billion initial public offering in Hong Kong, the biggest globally in four years.

T-Mobile and Nokia announced a landmark $3.5 billion agreement to accelerate the deployment of a nationwide 5G network. Nokia will provide T-Mobile with its complete end-to-end 5G technology, software and services portfolio, assisting the Un-carrier in its efforts to bring its 5G network to market for customers in the critical first years of the 5G cycle.

Hackers have stolen the health records of 1.5 million Singaporeans including Prime Minister Lee Hsien Loong, authorities said, with the leader specifically targeted in the city-state's biggest ever data breach.

Samsung Electronics said its second quarter net profit dipped slightly from a year earlier, with a fall in smartphone sales mitigated by strong demand for its memory chips.

South Korea’s three major mobile operators have all formally agreed to work together and launch their 5G networks together at the same time next year, in an effort to avoid the inevitable excessive competition a deployment of this scale and magnitude would traditionally conjure up.

According to the Economic Times, Vodafone India and Idea Cellular paid INR 73 billion ($1 billion) in a combination of cash and bank guarantees to the country’s Department of Telecommunications (DoT) in order to clear the last major obstacle related to the pair’s delayed merger.

Taiwanese semiconductor behemoth MediaTek today has officially unveiled its Helio A series, expanding its Helio family of feature-packed and power-efficient chipsets with the company's new Helio A22 system-on-chip (SoC).

Google parent Alphabet shares lifted on a stronger-than-expected earnings report for the past quarter, as the tech giant's results eased concerns over huge fines imposed by the European Union for antitrust actions.

Telenor Group today announced that Anne Kvam has been appointed Executive Vice President and Chief Corporate Affairs Officer, effective latest 1 November 2018. Kvam succeeds Wenche Agerup, who is heading up a new unit in Telenor Group.