Samsung Electronics have selected their replacement for the outgoing vice chairman and CEO Kwon Oh-hyun, who surprised many industry analysts following his shock announcement that he was stepping down from his position with the South Korean conglomerate. It has been formally announced that President of Samsung’s semiconductor business, Kim Ki-nam will take over from March next year, and it was also disclosed that he will head up the device unit.
Industry News
China Unicom announces cooperation with Tencent and Alibaba following mixed-ownership reform
ExpiredChina Unicom’s mixed-ownership reform has leapt forward in business cooperation with Chinese internet company Tencent and e-commerce platform Alibaba Group. This represents the first major business cooperation with strategic investors after China Unicom’s mixed-ownership reform plan was approved.
Singtel launches global SDN network solution
ExpiredSingapore’s largest telecom company Singtel announced the launch of its new network solution – Singtel Managed Software-Defined Branch (Singtel SD Branch) to support enterprises’ evolving networking needs across the globe.
Japanese firm suing Apple over ‘animoji’ feature
ExpirediPhone-maker Apple is being sued by a Japanese software company over its ‘animoji’ feature in its latest iPhone X smartphone. The Tokyo-based company Emonster took Apple to a federal court in San Francisco, saying it holds the US trademark on the term ‘animoji’ and that Apple’s use of the word is a blatant infringement.
Nokia’s patent business ‘clear highlight’ of Q3 results
ExpiredNokia 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.
Premium smartphones generate 80 percent of profit worldwide
ExpiredPremium segment smartphones (US$400 wholesale price) generated almost 80 percent of the global handset profit during Q2 2017, according to Counterpoint Research. Apple dominated the premium segment where profit margins are high as most of its profits come from above US$400 models.
Apple purchases New Zealand-based wireless charging firm
ExpiredApple Inc. has purchased a New Zealand-based company PowerbyProxi which specializes in designing wireless power products for consumers and industry. Apple’s recently announced iPhone X and iPhone 8 feature wireless charging technology.
Nokia’s new FTTx solutions give operators greater flexibility
ExpiredNokia is bringing several new products to its extensive FTTx portfolio so operators can accelerate ultra-broadband deployments and deliver more bandwidth to more people sooner. Nokia's enhanced FTTx portfolio includes fiber and high-speed DSL deployment options including a mini outdoor fiber node, a 212Mhz reverse-power G.fast solution and DSL backhaul remote nodes.
Huawei exec touts cloud services as growth area
ExpiredChinese telecom equipment provider and smartphone maker Huawei aims to take on Amazon and Alibaba as a global provider of public cloud services, the company said in April. Edward Zhou, Huawei’s VP of Global Public Affairs, reiterated this to Telecom Review recently, saying Huawei can provide more trustworthy cloud services based on its legacy telecom experience.
ASUS CEO says ‘always-connected PCs’ are coming
ExpiredASUS chief executive, Jerry Shen, said “always-connected PC” will soon be a reality at Qualcomm’s 4G/5G Summit in Hong Kong on October 17. He said the company is always in search of new ideas and user experiences, and is currently looking to attract customers to the new category of always-connected personal computers.