Search results for "TECHNOLOGY"

China’s Xi Calls for Oil Trade in Yuan at Gulf Summit in Riyadh

President Xi Jinping told Gulf Arab leaders on Friday that China would work to buy oil and gas in yuan, a move that would support Beijing’s goal to establish its currency internationally and weaken the U.S. dollar’s grip on world trade. Xi was speaking in Saudi Arabia where Crown Prince Mohammed bin Salman hosted two […]

The Critical Role of AI in Telecoms

Operators must prioritize investments in the consumer and staff experience if they want to stay competitive. To minimize expenses and enhance customer and employee retention, they must simultaneously deliver efficient and productive operations. Leading telecom companies are successfully applying AI in telecoms technologies in these fields. The examples demonstrate how these solutions can be classified […]

The Current State of the 5G Market Growth

Major telcos have been aggressively marketing their 5G offerings. Yet they should consider not only the 5G benefits and promises but what it has relatively failed or is yet to do. Especially when planning the future of telecommunications. 5G technology delivers fast bandwidth, which optimizes real-time applications and heavy on data mobile apps. 5G market […]

Foxconn Unit Invests $500 Million in India Affiliate

Taiwan’s Foxconn, the world’s largest contract electronics maker, said on Thursday that its Singapore unit has acquired 4.08 million shares in Foxconn Hon Hai Technology India Mega Development Private Limited for $500 million. The announcement of a $500 million injection into its India unit comes after Reuters reported last month that Apple supplier Foxconn plans […]

Meta Battles U.S. Antitrust Agency over Future of Virtual Reality

The Biden administration on Thursday accused Meta Platforms Inc of trying to buy its way to dominance in the metaverse, kicking off a high-profile trial to try to prevent the Facebook parent from buying virtual reality app developer Within Inc. The FTC sued in July to stop the deal, saying Meta’s acquisition of Within would […]

NIO to Install 20 Battery-Swapping Stations in Enbw Charging Parks

Chinese electric vehicle maker Nio will install swapping stations, where drivers can switch their car battery for a fully-charged one, at 20 charging parks in Germany owned by utility EnBW, the utility provider said on Thursday. Nio launched in Germany in October on a leasing model, with users leasing cars with a 75 gigawatt hour […]

15 Teams Selected From 11 Countries and 472 Participating Universities Gear up for Huawei ICT Competition Middle East 2022 Regional Finals

Middle East, December 09, 2022: Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, announced the national finalists who will take part in the Huawei ICT Competition Middle EastRegional Finals 2022, set to take place in Muscat, Oman, on December 20 – 22. Aimed at nurturing ICT talents to […]

Exclusive: India’s Snapdeal to Shelve $152 Million IPO Amid Tech Stocks Rout

SoftBank-backed Indian e-commerce firm Snapdeal has decided to pull the plug on its $152 million IPO, the company told Reuters, making it the latest casualty of a meltdown in tech stocks that has soured investor sentiment. Snapdeal filed its initial public offering (IPO) regulatory papers for approval in December 2021, a year that saw many […]

How Software Defined Mobile Networks Reshaped Telecom

Mobile communication was introduced in the 1980s. The first generation of mobile networks supports only voice call services, and the connectivity speeds up to 56 kbps. However, mobile network technology achieved tremendous development during the last four decades, notably with Software Defined Mobile Networks (SDMN), a software defined networks sub-section. The Limitations of Software Defined […]

Saudi Arabia Signs Huawei Deal, Deepening China Ties on Xi Visit

Saudi Arabia and China showcased deepening ties with a series of strategic deals on Thursday during a visit by President Xi Jinping, including one with tech giant Huawei, whose growing foray into the Gulf region has raised U.S. security concerns. King Salman signed a “comprehensive strategic partnership agreement” with Xi, who received a lavish welcome […]