joseph

[joseph @Telecomwaring]

@MWC25 Badrinath stated China is showing us what is possible. Last year the mobile industry contributed over $1 trillion to China’s GDP.

[joseph @Telecomwaring]

GSMA director general Vivek Badrinath asks in his keynote: as we begin to see 5G’s full potential, how can we drive growth? With faster speeds, ultra-low latency and enhanced network slicing capabilities, he said completing the 5G journey will open up more growth opportunities.

[joseph @Telecomwaring]

Accident Compensation Corp acquired a 5% stake in Spark New Zealand between 12 October 2024 and 12 February, purchasing 17.2m shares valued at NZD48.9m. The New Zealand Crown entity is responsible for administering the country's no-fault accidental injury compensation scheme.

[joseph @Telecomwaring]

BIG: @SensorTower1 data shows @TikTokUS drives 88 million hours per day of consumer engagement, about $2 billion of annual consumer spend and 8% share of the digital ad space.

[joseph @Telecomwaring]

The Bureau of Industry and Security (US Commerce Dept) added 11 Chinese companies to its entity list, claiming they advance China's military modernisation through the development and integration of advanced AI research. They require a licence to export to the US.

[joseph @Telecomwaring]

#mbbf Yang Chaobin, president of ICT Products & Solutions at Huawei, cited forecast predicting AI agents to jump to 5 billion by 2030, just six years. Took mobile internet 15 years to reach that number.

[joseph @Telecomwaring]

#M360 APAC @Huawei president of carrier business James Chen cited forecast of AI terminals in homes reaching 8 billion by 2030.

[joseph @Telecomwaring]

#M360 APAC @Veon group digital operations and performance officer Lasha Tabidze said 110 million customers use its apps and digital services across its markets, with 1/3 not being telecom customers.

[joseph @Telecomwaring]

#M360 APAC Samsung Networks president and GM Kim Woojune argues current networks are not fit for a fast-moving world

[joseph @Telecomwaring]

Vodafone Idea appointed Ambika Khurana, previously director of public policy at Netflix, as chief regulatory and corporate affairs officer. She replaces P Balaji, who resigned in January after holding the position for nine years. He moved to Air India.

[joseph @Telecomwaring]

NEC's new system using biometric authentication technology is capable of checking large numbers of people at one time, even when in motion, speeding up admission and reducing congestion at major events and transit systems. The Sept launch targets Japan, the US and Singapore.

[joseph @Telecomwaring]

TSMC's sales jumped 45% in July, registered 30.5% gain in Jan-July period to TWD1.52T. Foxconn booked a 5th straight month of double-digit y-o-y revenue growth in July, with sales in the first 7 months up 6.5% to TWD3.45T. Still facing declines in Smart Consumer Electronics.

[joseph @Telecomwaring]

Malaysia's media watchdog @MCMC introduced a new framework requiring internet messaging and social media service providers with more than 8M users to apply for an applications service provider class licence. After a 5-month grace period, it goes into effect 1 Jan.

[joseph @Telecomwaring]

MediaTek's revenue in the quarter rose 30% year-on-year to TWD127.3 billion, led by growth in smart edge platforms and power IC. Net profit jumped 62% to TWD26 billion. Its gross margin improved 1.3 percentage points to 48.8%.

[joseph @Telecomwaring]

Bellwether Taiwan tech firms @TWSemicon @HonHai_Foxconn @MediaTek march on in Q2. TSMC sales surged 40% to TWD673.5 billion; net profit increased 36.3% to TWD247.8 billion. Gross margin for the quarter was 53.2%, slightly lower than a year earlier.

[joseph @Telecomwaring]

Foxconn booked a 19.1% increase in revenue to TWD1.6 trillion. Cloud and networking, computing products, as well as components and other products delivered strong growth, while smart consumer electronics was flat. It reports full Q2 results 14 August.

[joseph @Telecomwaring]

. @RobiAxiata tax payments of BDT16.9 billion ($143.7 million) to the #Bangladesh government in Q2 accounted for 65% of total revenue, yet it was able to register a net profit of BDT1.1 billion.

[joseph @Telecomwaring]

#MWC24 @Qualcomm CFO & COO Akash Pakhiwala declared in Day 2 keynote: the PC is being reborn with AI capabilities...

[joseph @Telecomwaring]

China Labour Watch claimed in Nov problems uncovered in 2020 still exist at its Chengdu factory in China. The audits were conducted by BSI and LRQA (formerly Elevate)

[joseph @Telecomwaring]

. @HonHai_Foxconn revealed 6-month audit by independent auditors identified "no major risks" at 8 of its factories in China and India. A statement noted: "No major hidden risks were found in the areas examined", including labour rights, occupational health and safety environment