Finnish telecommunications vendor Nokia has endured a difficult Q1 following the official announcement of its financial results for the first quarter of 2018. However, despite a drop in its net sales and profitability, Nokia CEO, Rajeev Suri remains bullish.
Swedish telecoms firm Ericsson posted improved first quarter results as it presses a massive cost-saving drive that has prompted thousands of jobs cuts.
Ericsson and the Fraunhofer Institute for Production Technology have teamed up to explore and develop industrial applications of 5G. The first use case for production of jet engine components for MTU Aero Engines is currently being evaluated and is presented this week (April 23-27) at the Hanover Fair in Germany.
Global technology company SAP announced today a new investment plan to catalyze Egypt Vision 2030's nationwide digitization and Smart Cities, and support economic, social, and environmental transformation, according the newly-appointed Managing Director of SAP Egypt.
Chinese telecommunications vendor ZTE has vowed to protect its company and its employees and declared it would utilize all the tools at his disposal to ensure it continues to serve its operators, partners and suppliers despite the export ban issued by the U.S. Department of Commerce.
Chinese telecommunications giant ZTE has halted trading of its shares in both the Hong Kong and Shenzhen stock exchanges in response to the ban imposed on the purchase of its sensitive technology by the United States.
Qualcomm Incorporated announced that Qualcomm and NXP Semiconductors (NXPI) at the request of the Ministry of Commerce in China (MOFCOM) have withdrawn and refiled the notice of acquisition regarding the companies' planned combination.
Qualcomm Technologies has launched the Qualcomm Vision Intelligence Platform, featuring the company's first family of system-on-chips (SoCs) purpose-built for the Internet of Things (IoT) using advanced 10nm FinFET process technology.
The Kingdom of Saudi Arabia's Ministry of Communications and Information Technology (MCIT) and Huawei, a leading global ICT solutions provider, have signed a Memorandum of Understanding (MoU) to enable the national cadre in ICT and promote innovation and entrepreneurship in the sector to push the growth and development of the kingdom, and achieve the goals of Saudi Vision 2030 and the National Transformation Plan 2020.
As technology continues to develop and networks become increasingly advanced, experts across the ICT industry largely agree that smart manufacturing will come to represent the biggest portion of market revenues for internet of things (IoT) in the coming years. Smart manufacturing is dependent on industrial automation, which relies heavily on the use of robots and machine intelligence; meaning that the factories of the future will be built on the digitalization of the manufacturing process and plants, which will be enabled by 5G networks and all their building blocks.