ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile internet, has announced that its CEO Xu Ziyang has been awarded the Outstanding Contribution to the Asia Mobile Industry Award at the GSMA’s Asia Mobile Awards (The AMOs) 2022, held in Hong Kong. The award recognizes Mr. Xu Ziyang’s outstanding leadership in guiding ZTE to continuously promote industrial innovation, increase cross-industry cooperation and boost the development of the global mobile industry.
Industry News
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Dr. Jamoussi: The Best Suited Candidate to Lead the Standardization Bureau
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A/NZ IoT Spending to Reach $24b in 2026
Spending on IoT products and services in Australia and New Zealand (A/NZ) is forecasted to exceed $16 billion in 2022, an increase of 13% from 2021, according to IDC's latest Worldwide Semiannual Internet of Things Spending Guide. A/NZ IoT market faces challenges due to rising inflation, chip shortages, trade restrictions, natural calamities and supply chain disruptions. However, despite these challenges, increasing 5G deployment, surging currency rates and maturing adoption of technologies such as AI, cloud and big data together add potential to the IoT deployment in the region. IDC forecasts A/NZ spending on IoT to reach $24 billion in 2026, with a CAGR of 10% for 2021 to 2026.