Chinese display maker BOE Technology Group Co Ltd, a supplier of both Apple Inc and Samsung Electronics Co Ltd, plans to invest a substantial sum to build two factories in Vietnam, two people familiar with the matter said. The investment may total up to $400 million, one of them said. The plan underscores efforts by […]
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Options traders are bracing for volatility in U.S. bank shares days ahead of an earnings season many believe will bring lower profits and reflect worries over an expected recession. Current market positioning signals a gloomy outlook: The one-month moving average of open puts on the Financial Select Sector SPDR Fund, the largest financials ETF with […]
Rounding Up the Gigabit Broadband Rollout As part of the Government’s commitment to “levelling up”, full fibre broadband is being rolled out to millions of homes and businesses across the UK. But are we on track to meet the 2030 full fibre target? Here, Guy Miller, CEO of wholesale fibre network operator MS3 Networks, rounds […]
Getting the design of a digital pound right is a bigger priority than a rapid launch, Britain’s Financial Services Minister Andrew Griffith said on Tuesday. China has pushed ahead with piloting a digital yuan and the European Central Bank is studying a digital euro, piling pressure on Britain to do the same and keep abreast […]
The ancient Romans were brilliant engineers and builders, creating a dazzling array of magnificent structures including some that have survived to modern times virtually intact like the domed Pantheon in Rome. An indispensable material for the Romans was a form of concrete they developed that is known for remarkable durability and longevity, though its exact […]
Every success story begins with a vision, and successful visions are built on solid foundations. Among the endless possibilities for growth lies Saudi Arabia’s plan for a more promising future, achieved by creating an IoT infrastructure. The Kingdom has dedicated significant funding to the IT industry and complete support for creative and innovative thinking to […]
2022 has been a tumultuous year for the telecom industry. Nevertheless, some companies managed to keep their heads above water and then some. The previous 25 years have seen a revolution in telecommunications, and the Middle East and North Africa (MENA) region wasn’t one to sit on the sidelines. Despite certain countries’ reforms being cosmetic, […]
The ecosystem is still growing, and innovation is flourishing, and a every telco business solution is playing a major role in this flourish. Once more, as the wireless sector begins the 5G growth cycle, we are on the verge of tremendous change, as we witness several other factors that are also shaping the environment. To […]
More U.S. consumers want to buy an electric vehicle (EV) but are concerned about rising prices, while fewer aimed to purchase gasoline-powered vehicles, a survey by consulting firm Deloitte showed on Wednesday. Nearly 7 in 10 prospective EV buyers in the United States expect to pay less than $50,000 for their next vehicle, according to […]
Wall Street’s main indexes closed lower on the first trading day of 2023 with the biggest drags from Tesla and Apple, while investors worried about the Federal Reserve’s interest-rate hiking path as they awaited minutes from its December meeting. Shares in electric vehicle maker Tesla Inc closed down 12 percent after hitting their lowest level […]