Modern innovations such as artificial intelligence, big data and Web3 are enabling seamless operations across industry verticals. And the power of cloud technology to migrate workloads from these emerging technologies to virtualized network environments is adding a new and important dimension to both the flexible scalability and reliability of modern-day business operations.

Read more: Elements of Impact: Exploring Key Enablers of Cloud-Native Ecosystem

The world is headed for a digital-first economy, with new industries such as the metaverse, artificial intelligence and digital currencies taking precedence in the global digital transformation. However, the integral component that will power these emerging technologies — the semiconductor or chip, which is central to all things electronic — faces a turbulent production environment. Sometimes even referred to as the “petroleum of the 21st century,” the semiconductor industry is concentrated mainly in Asia (about 72% in 2022), primarily mainland China, Taiwan and South Korea. And these countries are prone to unexpected geopolitical unrest given their current political standings.

Read more: Rolling in the Chip: A Semiconductor Quandary

In line with its expansion plans in Qatar and its commitment to support the country’s digital transformation, ICT ecosystem and digital economy, Huawei opened a new state-of-the-art Qatar office in the UDC Tower, The Pearl Island, Qatar.

Read more: Huawei Opens State-of-the-Art Office in Qatar With Sights Set on Digital Future

According to a study released today by Nokia and EY, businesses that have already implemented industrial metaverse use cases report more benefits than those that are still in the planning stage anticipate, especially in terms of capital expenditure reduction (15%), sustainability (10%) and safety improvement (9%).

Read more: Nokia and EY Research: Enterprise, Industrial Metaverse Outperforming Expectations

Amidst the dawn of the 5G era, Chinese operators have emerged as trailblazers, achieving remarkable triumphs in both the technical and business domains. The forthcoming MWC Shanghai 2023, a magnificent ICT extravaganza scheduled from June 28 to June 30, promises to be an unparalleled event where esteemed executives from telecom operators and leading equipment manufacturers will converge to impart their profound insights on the ever-evolving landscape of the mobile industry.

Read more: The Power of 5G: MWC Shanghai to Highlight China's Technology Evolution

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