Huawei released its business results for the first half of 2021, with its overall performance in line with the forecast.
Telecom Vendors
Qualcomm posts better-than-expected fiscal Q3 results
Qualcomm Incorporated announced results for its fiscal third quarter ended June 27, 2021.
CommScope’s Q2 core net sales increased by 18% year-over-year
CommScope’s core net sales increased 17.8% year-over-year primarily due to higher net sales in the Broadband Networks and Venue and Campus Networks segments, as revealed in its latest results.
Nokia’s strong start to 2021 continued in the second quarter
According to published Q2 2021 results of Nokia, top-line strength continued in the second quarter, with constant currency net sales up 9% year-on-year, driven by growth across all business groups. Moreover, important progress was seen in line with the company’s three-phased strategy where Mobile Networks strengthened its competitiveness with AirScale radio and baseband launch and Network Infrastructure continued to gain share in the first half with +20% sales growth in constant currency.
Huawei’s business growth unhindered despite US government sanctions
Huawei’s ranking in the global top 500 enterprises has reached number 44 this year, up from 49 in 2020.
Etisalat empowers businesses with a suite of collaboration solutions
Etisalat announced the launch of a full suite of collaboration solutions for businesses in the UAE, bringing greater value to customers looking to seamlessly communicate and collaborate.
Huawei’s Seeds for the Future 2021 program aimed at enriching tech talent in Middle East
Huawei has launched the latest edition of its annual education program Seeds for the Future in the Middle East. The program aims to bridge the talent gap that exists in the technology sector today by involving students, academics, and various other stakeholders in building a stronger and more sustainable technology ecosystem in the region.
Qualcomm completes world’s first 5G mmWave data connection
Qualcomm Technologies, Inc. achieved the milestone of completing the world’s first 5G mmWave data connection. This was powered by the Snapdragon® X65 5G Modem-RF System, including new mmWave capabilities for global expansion with support for wider 200 MHz carrier bandwidth and enabling Standalone (SA) mode services over mmWave.
Huawei and GAC build futuristic smart SUV to hit markets by 2023
Chinese tech giants Huawei and GAC Group will work together to develop a "smart SUV", aiming to hit the market in mass production by the end of 2023.
Enea strengthens cybersecurity portfolio for mobile networks
With focus on enhancing its cybersecurity offerings, Enea has now completed the takeover of AdaptiveMobile Security Ltd, a leading provider of security solutions for mobile networks. The enterprise value of AdaptiveMobile Security amounts to approximately EUR 45 million on a cash and debt free basis