Qualcomm Incorporated announced results for its fiscal fourth quarter and year ended September 24, 2017. The company reported revenues of $5.9 billion for Q4 2017 compared to $6.2 billion in Q4 2016 (5 percent drop). Qualcomm said the results were negatively impacted by its ongoing dispute with Apple.
Chinese AI firm SenseTime and Qualcomm Technologies announced plans to collaborate on artificial intelligence (AI) and machine learning (ML) for future mobile and IoT products. This collaboration will draw from the expertise of both companies in AI by leveraging SenseTime's ML models and algorithms with Qualcomm Snapdragon platforms, which offer advanced computing capabilities for client based AI.
At the 4th Ultra-Broadband Forum in Hangzhou, China, Ryan Ding, Executive Director and President of the Carrier Business Group of Huawei, reaffirmed the company's commitment to providing "quality Broadband".
Swedish telecom equipment provider Ericsson published its Q3 financial results on October 20. The company reported a 6 percent year-on-year drop in third quarter revenue which accounted for SEK47.8 billion ($5.9 billion) while the loss was SEK4.8 billion ($590 million), worse than last year’s, reaching $24.5 million.
Nokia announced a major addition to its monetization portfolio that helps service providers improve the digital customer experience, implement innovative business models and unlock new revenue opportunities.
MYCOM OSI, an independent provider of assurance, automation and analytics solutions to the world's largest Communications Service Providers (CSPs), announced that telecom provider Three UK has selected MYCOM OSI to assure its next generation core network which deploys NFV (Network Functions Virtualization), SDN (Software Defined Networks) and will be part of the world's first Telco Cloud.
Ericsson has signed an exclusive multi-year contract with FOX Networks Group Middle East to provide playout, media management and global distribution services for three new HD channels. The new channels - FOX Crime, FOX Life and FOX Rewayat - launched last month and are broadcast 24 hours a day from Ericsson's broadcast and media services hub in Abu Dhabi.
At the 2017 Global Antenna Technology & Industry Forum recently held in Munich, Huawei partnered with Telefónica Deutschland to launch the world's first 5G-oriented antenna deployment solution. During the evolution to 5G, this solution can resolve the challenge of insufficient antenna installation space for the deployment of both high-band 4T4R over Sub 3 GHz and Massive MIMO.
Nokia released its Q3 financial results for 2017 showing net sales of €5.5 billion for the quarter compared to €6 billion for the same period last year. The company reported a 7 percent year-on-year sales decrease in Q3. Nokia CEO Rajeev Suri said the company's patent licensing business was the "clear highlight" of the quarter.
HMD Global, the home of Nokia phones, has launched the Nokia 8 in the EMI Region. Nokia 8 is a high performance, beautifully crafted smartphone, designed with content creators in mind. It brings three world-firsts to Android smartphones, including a debut collaboration with ZEISS optics. With performance and pure Android at its heart, as well as the most advanced aluminium unibody design to date, the Nokia 8 represents all the hallmarks of a true flagship Nokia smartphone.