Huawei announced its business results for the first half of 2018. In the first six months of this year, Huawei generated CNY325.7 billion in revenue, an increase of 15% over the same period last year. The company's operating margin in 2018 H1 was 14%.
Ericsson Media Solutions will be rebranded as MediaKind in an attempt for Ericsson to revamp the unit. MediaKind is "designed to embody the concept that media should inspire and unite humankind", said Ericsson Media Solutions, and will have Angel Ruiz as CEO in addition to a new management team of 11 executives.
Nokia announced its financial results for the second quarter of 2018 with a decrease in net sales from EUR 5.6bn in Q2 2017 to EUR 5.3bn in Q2 2018. On a constant currency basis, net sales would have been down 1%.
Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated (NASDAQ: QCOM), announced three new additions to the Qualcomm® Snapdragon™ 600 and 400 tiers – the Snapdragon 632, 439 and 429 Mobile Platforms.
US computer chip giant Qualcomm announced that it dropped a $43 billion acquisition of Dutch rival NXP after failing to win approval of antitrust authorities in China.
Today, at the 15th Moscow International Oil and Gas Exhibition (MIOGE), Huawei showcased its 4.5G-based, 5G-oriented eLTE-DSA Solution which leverages wireless narrowband Discrete Spectrum Aggregation (DSA) technology to help the Oil and Gas industry build an energy Internet of Things (IoT).
Swedish telecommunications colossus Ericsson has claimed that the metrics disclosed in its Q2 financial report do not accurately reflect the underlying improvements being made by the vendor.
A number of prominent politicians form the US House of Representatives and US Senate have written to Google CEO Sundar Pichai urging him to sever all ties with Chinese telecommunications behemoth Huawei over its alleged threat to national security.
Huawei released its 2017 Sustainability Report demonstrating the initiatives undertaken in the year across four areas: Bridging the Digital Divide; Supporting Network Stability and Security and Protecting Privacy; Promoting Environmental Protection; and Building a Healthy Ecosystem. Over the past year, Huawei has actively benchmarked its operations against the United Nations Sustainable Development Goals to achieve its strategic goals in sustainability.
Nokia has completed a live network trial in Poland in collaboration with Orange to validate the benefits of cloud-optimized radio access networks for the smooth evolution to next-generation 5G technologies.