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.
US chipmaker Qualcomm has penned a $12 billion megadeal with three leading Chinese mobile manufacturers. The announcement was made against the backdrop of a state visit to Beijing by US President Donald Trump.
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.
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.
BlackBerry and Qualcomm Technologies announced a strategic collaboration to develop and produce cutting-edge automotive platforms for the next generation of connected vehicles.
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.
Huawei held a ceremony to launch the Cairo OpenLab during the Cairo ICT 2017 conference. Huawei, together with industry alliance and partners in Northern Africa, aims to build ICT ecosystem in Northern Africa in response to industry digital transformation.
The world's leading brand consulting firm Interbrand, has announced its 2017 Best Global Brands Report and confirmed Huawei's move to number 70 -two spots up from its ranking in 2016. Brand valued at approximately USD $6.676 billion; Huawei has grown by 14 percent over the past year.
