In a letter to stockholders ahead of its 2018 Annual Meeting of Stockholders to be held on March 6, Qualcomm highlighted details of a $1 billion strategy which aims to generate "significant value" for investors in the near term, in the wake of Broadcom making moves to acquire Qualcomm, which the company has labeled "opportunistic" and "aggressive".
The city of Dallas, Texas, has selected Ericsson to install and host an Advanced Traffic Management System (ATMS) based on Ericsson's Connected Urban Transport solution. The city's vision for the traffic system is an intuitive and easy-to-use interface that automates and facilitates system monitoring, management, maintenance, and performance monitoring across departments, as well as between cities and counties.
Ericsson released a statement on January 16 noting that it will book SEK 14.2 billion (US$ 1.77 billion) in write-downs in its Q4 2017 financial results. The write-downs, Ericsson said, are related to the company's Digital Services and Other divisions, in addition to an SEK 1 billion charge related to tax changes in the United States.
Nokia, T-Mobile and Intel have reached a major milestone in their 5G collaboration by bringing a 28 GHz outdoor 5G commercial radio system on air in the busy downtown corridor of Bellevue in Washington state. A data session was conducted on a 28 GHz radio in a field test environment using the Nokia 5G commercial AirScale solution and the 5G Mobile Trial Platform (MTP) from Intel, enabling T-Mobile to deploy its first inter-vendor 5G network. This collaboration furthers the companies' goal to drive standards, enhance the 5G ecosystem of chipsets and devices and develop the best network experience for Un-carrier customers.
Ericsson has launched its 'Towards a 5G consumer future' industry insight report that discusses the six calls to action from consumers that operators need to act upon to provide a foundation for adoption of 5G technology. The report, the largest 5G consumer expectation study to date, represents the views of 800 million smartphone users worldwide.
Technology giant Intel acknowledged a vulnerability that could allow hackers to access stored data on most modern computer systems, but said the security risks were minimal.
Norwegian telecom provider Telenor has chosen Nokia as its sole supplier for the replacement of its legacy optical backbone network. The new optical core network will provide much-needed bandwidth capacity in Norway and Sweden.
Chinese smartphone vendor Huawei has reported the slowest growth in company’s revenue since 2013, according to Huawei rotating CEO Ken Hu who expects a revenue growth of 15% to CNY600 billion ($91.2 billion) for 2017 compared to 32% in 2016.
Qualcomm Technologies and Ford Motor Company are accelerating the development of connected cars with the extension of their long-standing relationship into the development of advanced connectivity systems for Ford vehicles and upcoming Cellular Vehicle-to-Everything (C-V2X) technology testing.
An important technology milestone based on the newly-approved NSA 5G NR (New Radio) standard has been achieved by a group of mobile communications companies. Ericsson and Qualcomm Technologies, in collaboration with AT&T, NTT DOCOMO, Orange, SK Telecom, Sprint, Telstra, T-Mobile US, Verizon, and Vodafone, showcased 3GPP-compliant 5G NR multi-vendor interoperability during live demonstrations held in both the Ericsson Lab in Kista, Sweden and the Qualcomm Research lab in New Jersey, USA.