One-Third of eCommerce Spending to Be Cross-Border by 2028
The value of the cross-border eCommerce will exceed $3.3 trillion in 2028, from $1.6 trillion in 2023, according to Juniper Research.
Global PC Market Is Set for Growth in 2024
Worldwide PC shipments are on the verge of recovery following seven consecutive quarters of decline, according to Canalys.
Ericsson Raises 5G Forecast by 100 Million
Ericsson raised its forecast for global 5G subscriptions to 1.6 billion by the end of 2023.
2023 Smartphone Shipments to Hit Lowest Level in Almost a Decade
Global smartphone shipments in 2023 are projected to decline 5% YoY to reach 1.2 billion, the lowest level in almost a decade, according to Counterpoint Research.
EC Launches Chips Joint Undertaking under the European Chips Act
The European Commission has officially inaugurated the Chips Joint Undertaking (Chips JU), which will reinforce the European semiconductor ecosystem and Europe's technological leadership.
Harman Acquires Wireless Audio Specialist Roon
Samsung-owned Harman acquired music streaming platform Roon.
IDC Forecasts Smartphone Shipments Growth in 4Q23
Worldwide smartphone shipments are forecast to see 7.3% year-over-year growth in the fourth quarter of 2023 (4Q23), according to IDC.
Global PC Market Is Set for Growth in 2024
Worldwide PC shipments are on the verge of recovery following seven consecutive quarters of decline, according to Canalys.
Digital Wallets Transaction Value to Surpass $16 Trillion by 2028
The total value of digital wallet transactions will rise from $9 trillion in 2023 to surpass $16 trillion in 2028, a rise of 77%, according to Juniper Research.
Telefonica Records a Large Jump in Profit in 2Q23
Telefonica accelerated growth during the second quarter of the year.
AMD Reports Lower Revenue and Profits in 2Q23
AMD announced revenue for the second quarter of 2023 of $5.4 billion, a gross margin of 46%, an operating loss of $20 million, a net income of $27 million, and diluted earnings per share of $0.02.
Pangu-Weather Model Now Available on ECMWF Website
Huawei Cloud's Pangu-Weather Model, an AI model for global weather forecasting, is now available on the website of the European Centre for Medium-Range Weather Forecasts (ECMWF).
IBM Completed Acquisition of Apptio
IBM completed its acquisition of Apptio after receiving all required regulatory approvals.
Shanghai Ranked Number 1 Smart City for Asia in 2023
A new study from Juniper Research has selected Shanghai as the leading smart city in Asia in 2023.
Ericsson to Reduce Staff in North America
Ericsson plans to fire more than 750 employees from its North American field services operation later this year.
EC Launches Chips Joint Undertaking under the European Chips Act
The European Commission has officially inaugurated the Chips Joint Undertaking (Chips JU), which will reinforce the European semiconductor ecosystem and Europe's technological leadership.
Ericsson Raises 5G Forecast by 100 Million
Ericsson raised its forecast for global 5G subscriptions to 1.6 billion by the end of 2023.
Infobip Partners with MNOs to Launch Camara-Compliant APIs in Brazil
Infobip partnered with three mobile network operators (MNOs) to launch the first Camara-compliant Network APIs in Brazil under the GSMA Open Gateway initiative.
Qualcomm Unveils Gen 3 Snapdragon 7-Series Platform
Qualcomm announced the Snapdragon 7 Gen 3 Mobile Platform.
Samsung Weary on Smartphone Recovery in H2
Samsung forecasts double-digit profitability in its mobile division on a full-year basis.
Germany to Subsidize Chip Industry with €20 Billion
The German government prepared an amount of €20 billion to be distributed by 2027 to bolster the semiconductor industry.
America Movil Increases Its Stake in A1 Group
America Movil increased its stake in A1 Telekom Austria by a further 5.5% for an undisclosed sum.
Smartphone Shipments Continue to Decline in 2Q23
Worldwide smartphone shipments declined 7.8% year over year to 265.3 million units in the second quarter of 2023, according to preliminary data from IDC.
T-Mobile Had the Highest Q2 Subscriber Adds in Eight Years
T-Mobile US reported post-paid phone additions of 760,000 in the second quarter of 2023.
IBM and NASA Open Source Geospatial AI Foundation Model
IBM and open-source AI platform Hugging Face announced that IBM's watsonx.ai geospatial foundation model - built from NASA's satellite data - will now be openly available on Hugging Face.