According to the latest Omdia smartphone preliminary shipment survey, 300.4 million units of smartphones were shipped in the first quarter of the year. This marks an 11.6% increase from the previous quarter and represents the second consecutive quarter of year-on-year growth.
Industry News
NEC Corporation's FY2024 Success Fueled by AI Innovation and Strategic Growth
ExpiredNEC Corporation has released its consolidated financial results for the fiscal year ending on March 31, 2024. The results surpassed expectations across the board due to the increasing popularity of a high-performing generative AI Large Language Model (LLM) and progress towards achieving the goals outlined in the Mid-term Management Plan 2025.
Microsoft Invests in Malaysia’s Cloud and AI Transformation
ExpiredMalaysia is set to receive a USD 2.2 billion investment from Microsoft over the next four years to advance the country’s digital transformation.
ZTE Recognized with 2023 Climate Leadership Award
ExpiredZTE Corporation, a global leading provider of information and communication technology solutions, has been honored with the 2023 Climate Leadership Award (A list) for its exemplary contributions to climate change mitigation and sustainable development.
Mauritius Telecom Expands Asia Connectivity
ExpiredMauritius Telecom is currently in discussions with operators such as Reliance Jio and Orange to construct a new undersea cable that will connect Africa, the Indian Ocean islands, and Asia. This initiative aims to prevent network disruptions similar to the outage experienced last month.
Generative AI Transforms the Future of Healthcare
ExpiredGenerative artificial intelligence (GenAI) is rapidly gaining momentum within the healthcare and pharmaceutical sectors, heralding significant progress.
Bangladesh Regulator Sets Up Committee to Draft Satellite Internet Guidelines
ExpiredThe Bangladesh Telecommunication Regulatory Commission (BTRC) has taken a proactive step towards enhancing internet accessibility across the country by initiating the formation of a committee dedicated to developing guidelines for satellite internet provision
Japan’s Telecom and Pay-TV Services Revenue to Increase Through 2028
ExpiredJapan's total telecom and pay-TV services revenue is poised to increase from USD 97.6 billion in 2023 to USD 108.3 billion in 2028, at a compound annual growth rate (CAGR) of 2.1%.
PLDT and Smart Applaud NEA's Telecom Electrification Boost
ExpiredPLDT Inc. (PLDT) and its wireless arm Smart Communications, Inc. (Smart) have praised a recent effort to speed up the electrification and installation of telecommunications facilities in rural areas. The National Electrification Administration (NEA) issued Memorandum Order No. 2024-18, which outlines guidelines to simplify the process of powering up telecommunications towers in areas served by electric cooperatives, reducing the processing time to just 30 days.
VOX Solutions Achieves Tier 1 Vendor Status in SMS Monetization
ExpiredVOX Solutions, a leading innovator in the telecom sector, has been voted as a Tier 1 vendor in the 2024 SMS Monetization Market Impact report by ROCCO Research.