Business

Qualcomm to Skip MWC Barcelona This Year

Qualcomm to Skip MWC Barcelona This Year

17 May 2021 comment

Qualcomm joined the list of several major tech companies that will not attend Mobile World Congress this year.

IBM Warns on Chips Shortages until 2023

IBM Warns on Chips Shortages until 2023

16 May 2021 comment

IBM president Jim Whitehurst indicated a current chip shortage impacting production of smartphones could last for another two years.

Foxconn Records 45 Percent Increase in Sales

Foxconn Records 45 Percent Increase in Sales

15 May 2021 comment

Electronics manufacturer Foxconn recorded net profit gains in the first quarter of 2021.

Samsung to Boost Investment in Logic Chip Businesses

Samsung to Boost Investment in Logic Chip Businesses

14 May 2021 comment

Samsung announced that it will increase its investments in the System LSI and Foundry businesses through 2030 to a total of KRW 171 trillion ($151 billion).

Telefónica’s Net Income Up 118 Percent in 1Q21

Telefónica’s Net Income Up 118 Percent in 1Q21

14 May 2021 comment

Telefónica recorded a net income of €886 million in the first three months of 2021, 118.3% more than in the same period of the previous year.

Ericsson Announces Settlement with Nokia

Ericsson Announces Settlement with Nokia

13 May 2021 comment

Ericsson has reached an agreement with Nokia for settling a damages claim against the Swedish company.

DT Reports Growth in All Key Metrics

DT Reports Growth in All Key Metrics

13 May 2021 comment

Deutsche Telekom shrugged-off negative impacts of the pandemic on its business in the first quarter of 2021.

Tech Giants Join Forces to Support CHIPS Act

Tech Giants Join Forces to Support CHIPS Act

12 May 2021 comment

Big chip buyers have joined chip-makers to create a lobbying group to press the government to subsidise domestic chip production.

Siemens Beats Earnings Forecasts

Siemens Beats Earnings Forecasts

11 May 2021 comment

High-tech factories continued to drive growth for Siemens in the first three months of 2021.

Ericsson and Samsung Sign Global Patent License Agreement

Ericsson and Samsung Sign Global Patent License Agreement

10 May 2021 comment

Ericsson signed a multi-year cross-licensing patent deal with Samsung covering the sale of network infrastructure and handsets.

Microsoft Pledges to Store and Process EU Data in the EU

Microsoft Pledges to Store and Process EU Data in the EU

10 May 2021 comment

Microsoft announced that it will process and store all European data inside EU borders.

Oversight Board Upholds Facebook’s Decision to Suspend Trump’s Accounts

Oversight Board Upholds Facebook’s Decision to Suspend Trump’s Accounts

9 May 2021 comment

The Oversight Board upheld Facebook’s suspension of former US President Donald Trump’s Facebook and Instagram accounts.

TIM Denies Rumors on Fixed Network Plan

TIM Denies Rumors on Fixed Network Plan

8 May 2021 comment

Telecom Italia denied media reports claiming plans for a single fibre network in its home country were about to be scrapped.

Orange Fails in Full Belgium Takeover Bid

Orange Fails in Full Belgium Takeover Bid

8 May 2021 comment

Operator Orange has failed in its attempt at a complete buyout of minority shareholders of its Belgian subsidiary.

Infobip Acquires SMS Firewall Business Anam

Infobip Acquires SMS Firewall Business Anam

7 May 2021 comment

Infobip Group, a global cloud communications platform company for businesses, announced it has acquired Anam, the number one SMS firewall service provider.

Banks Face the Time of the Greatest Transformation So Far

Banks Face the Time of the Greatest Transformation So Far

7 May 2021 comment

Croatian finance and IT leaders gathered at a Combis panel called DiscussIT "Innovation for a Better Society".

Nokia Ranked as Number One in 5G Patents

Nokia Ranked as Number One in 5G Patents

6 May 2021 comment

In the study on Standard Essential Patents, independent analyst firm PA Consulting concluded that Nokia is number one for ownership of granted patents that the researchers found essential to 5G standards.

Tecno Expects Global Boost after Last Year's Growth

Tecno Expects Global Boost after Last Year's Growth

6 May 2021 comment

Mobile phone maker Tecno wants to become a leading player across the world’s emerging markets.

Intel to Invest $3.5 Billion to Expand New Mexico Factory

Intel to Invest $3.5 Billion to Expand New Mexico Factory

4 May 2021 comment

Intel plans to invest $3.5 billion to equip its New Mexico operations for the manufacturing of advanced semiconductor packaging technologies, including Foveros.

SVAM Plus Is the New IN2 Group Member

SVAM Plus Is the New IN2 Group Member

4 May 2021 comment

IN2 Group has become richer by a new software company - SVAM plus, offering highly parameterized ERP system for digitization and integration of business processes.

Verizon Sells Media Business to Apollo Funds

Verizon Sells Media Business to Apollo Funds

4 May 2021 comment

US telecommunications operator Verizon agreed to sell its Media unit to Apollo Global Management for $5 billion. The sale includes both AOL and Yahoo.

Amazon’s Sales and Profit Rise

Amazon’s Sales and Profit Rise

3 May 2021 comment

Amazon posted record profits in the first quarter of 2021.

EC Pressures Apple with Music Streaming Charge

EC Pressures Apple with Music Streaming Charge

3 May 2021 comment

The European Commission said that Apple broke local laws by distorting competition in the music streaming market and abusing its dominant position in the segment through its App Store.

Samsung's IT and Mobile Division Profit Grew over 65 Percent in Q1

Samsung's IT and Mobile Division Profit Grew over 65 Percent in Q1

2 May 2021 comment

Samsung reported its highest first-quarter operating profit in three years.

Ericsson Nikola Tesla Saw Revenue Slowdown in Q1

Ericsson Nikola Tesla Saw Revenue Slowdown in Q1

1 May 2021 comment

Ericsson Nikola Tesla recorded lower sales revenue in the first quarter of 2021 by 8.6% (HRK 445.9 million), compared with the same period last year.

Hrvatski Telekom Achieved Solid Growth in the First Quarter

Hrvatski Telekom Achieved Solid Growth in the First Quarter

30 Apr 2021 comment

Hrvatski Telekom ended the first quarter of 2021 on a positive note with a strong commercial momentum.

Nokia CEO Happy with Turnaround Plan

Nokia CEO Happy with Turnaround Plan

30 Apr 2021 comment

Nokia chief Pekka Lundmark hailed improvements across the business during the first quarter of 2021.

Cloud Fuels Microsoft's Third Quarter Results

Cloud Fuels Microsoft's Third Quarter Results

29 Apr 2021 comment

Microsoft had more than satisfying quarter that ended March 31.

CES Returns to Las Vegas in 2022, but Smaller

CES Returns to Las Vegas in 2022, but Smaller

29 Apr 2021 comment

The Consumer Technology Association announced that over one thousand companies committed to attend CES 2022.

Huawei Felt Heavy Hit by US Sanctions in the First Quarter

Huawei Felt Heavy Hit by US Sanctions in the First Quarter

29 Apr 2021 comment

Huawei felt the full impact of US trade restrictions during the first quarter of 2021.