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The challenges of pharmaceutical logistics amid the pandemic

Finding a vaccine is only half the battle; global supply chains and pharmaceutical logistics face many unprecedented challenges amid the pandemic. A logistical supply system capable of overcoming distribution pitfalls needs to be robust, sturdy, innovative, smart, interconnected, and transparent. In regard to the global supply networks, The World Economic Forum said, “Governments, businesses and […]

4 Big Tech CEOs getting heat from Congress on competition

WASHINGTON (AP) — Four Big Tech CEOs — Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, Sundar Pichai of Google and Tim Cook of Apple — are set to answer for their companies’ practices before Congress as a House panel caps its yearlong investigation of market dominance in the industry. The four command corporations with gold-plated brands, […]

Innovations are key to develop broadband networks

Prysmian Group files legal proceedings for patents’ infringements against competitor. Prysmian Group, one of world’s leader in the energy and telecom cable systems industry, announced the filing of two legal proceedings against a competitor company in the field of telecom cables. As an industry leader committed to the supply and promotion of innovative products as […]

The rise of Hong Kong’s FinTech industry

Hong Kong is committed to the growth of their fintech sector. With a national GDP of $341.4bn, the city is fast becoming a hub for digital transformation. The rapid advancements in technology has led to the rise in fintech innovation and online banking methods which has supported consumer needs amid the pandemic. The latest report […]

Trade, technology and security at risk in US-China feud

BEIJING (AP) — They have the largest economies in the world. They spend more than anyone else on their militaries. From high-tech chips to control of the high seas, their interests are closely intertwined. The ongoing sharp deterioration in U.S.-China ties poses risks to both countries and the rest of the world. In the latest […]

Kosovo wants Apple to correct country's borders on its maps

PRISTINA, Kosovo (AP) — Kosovo’s foreign minister said that she asked Apple to correct her country’s borders in its maps. Meliza Haradinaj posted in her Twitter page on Sunday that she had written a letter to Apple CEO Tim Cook “to take immediate steps to correctly present Kosovo’s internationally recognized borders in its AppleMap Service.” […]

Remote working pushes digitization solutions forward in Japan

The shift to telework, video conferences, social distancing and reduction of high-density work settings, are all measures taken by companies to help mitigate the transmission of Coronavirus. This change in work life has also encouraged the digitization of businesses. For many companies in Japan, work from home measures will stay in place for better operational […]

Huawei - leading smartphone sales in the second quarter of 2020

It is clear that US sanctions will not stop Huawei market growth at least in China. In fact, The Chinese telecom giant is working on expanding its local market. Huawei is expected to lead the smartphone sales in the second quarter of 2020. In a press release published on July 24, 2020, Counterpoint Research states […]

Software giant SAP to spin off Qualtrics and take it public

NEW YORK (AP) — SAP says it plans to spin off Qualtrics and take it public less than two years after acquiring the survey-software provider. SAP said Sunday it will retain majority ownership of Qualtrics’ shares. The German software giant announced in November 2018 that it agreed to pay $8 billion cash for Qualtrics, just […]

Pandemic threatens ports in China

The Chinese Ministry of Transport recently released data that shows the TEU traffic at the 8 largest ports in China has decreased by 5.4% year on year, between January and June 2020, and the main cause of this decrease is due to the pandemic. In the monthly issue of the NCFI (Ningbo Containerized Freight Index), […]