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TSMC to Invest $40 Billion in US Chip Plants

Taiwan Semiconductor Manufacturing Co (TSMC) confirmed it will expand chip production in the US.

European Council Makes Headway Towards EU Digital Wallet

The European Council adopted its common position on the proposed legislation regarding the framework for a European digital identity (eID).

Investors Continue to Prioritize Climate Action Despite Lacking Information

PwC’s 2022 Global Investor Survey paints a picture of investors juggling multiple priorities with limited information.

AT&T Settles to Pay $6.3 Million Over SEC Lawsuit

The US operator AT&T agreed to pay the US Securities and Exchange Commission (SEC) $6.3 million.

Apple Continues to Shift Production Out of China

Apple stepped up a transfer of some production out of China.

DT Sets Even Faster Pace for Fiber Rollout

In the coming year, Deutsche Telekom plans to significantly increase the pace of its fiber rollout.

US Court Orders New Google Play Store Lawsuit

A US court ordered a lawsuit against Google over allegations of illegally monopolizing the app distribution market for Android devices that could proceed as a class action case.

Hardcopy Peripherals Shipments Increased by 1.2 Percent in 3Q22

Worldwide shipments of hardcopy peripherals grew 1.2% year over year to 21.2 million units in the third quarter of 2022 (3Q22), according to IDC.

Germany Approves Bosch and Mercedes-Benz’s Driverless Parking System

Bosch and Mercedes-Benz have reached an important milestone on the way to automated driving. Germany’s Federal Motor Transport Authority (KBA) has approved their highly automated parking system for use in the P6 parking garage run by APCOA at Stuttgart Airport.

US Drops Charges Against Huawei CFO

Prosecutors told a judge to dismiss charges against Huawei CFO Meng Wanzhou, the daughter of founder Ren Zhengfei.

Italian Fixed Network Plan Gets Scrubbed

Open Fiber and its partners let the deadline on an agreement to merge fixed assets with Telecom Italia expire.

TSMC to Boost Planned Chip Production at the Future US Facility

Taiwan Semiconductor Manufacturing Co (TSMC) will boost the planned capacity and produce more advanced chips at a $12 billion facility scheduled to open in the US in 2024.

Qualcomm and Siemens Collaborate on 5G Smart Building Networks

Qualcomm and Siemens Smart Infrastructure are working together to reimagine building automation by applying a 5G private network (PN), based on the Snapdragon X55 5G Modem-RF System in the Americas.

Amazon Had the Biggest Holiday Shopping Weekend Ever

Amazon announced that this Thanksgiving holiday shopping weekend was its biggest ever.

India Becomes the Biggest Smartwatch Market in 3Q22

Despite inflation and geopolitical crises that have continued since the beginning of this year, the global smartwatch market shipments increased by 30% in the third quarter of 2022, according to Counterpoint Research.

Nokia to Open New 5G and 6G Research and Development Center in Portugal

Nokia announced the opening of a new research and development center focused on 5G and future 6G mobile network technology at its Portuguese campus in Amadora.

GSMA Announces Innovation Fund for Humanitarian Crises

Organizations with mobile and digital solutions which anticipate and enable early emergency responses to humanitarian crises can now apply for the GSMA Innovation Fund for Anticipatory Humanitarian Action.

Musk Hints Aiming at Smartphone Production

Elon Musk indicated he would reluctantly move into the smartphone-making business if Twitter was taken off Apple and Google’s app stores.

DT Testing 6 GHz Frequency Spectrum for Future Mobile Communications

Deutsche Telekom is campaigning for the use of additional frequency bands for mobile communications.

A New European Supercomputer Was Inaugurated in Italy

The European Commission together with the European High-Performance Computing Joint Undertaking (EuroHPC JU), the Italian Ministry of Universities and Research, and the CINECA consortium inaugurated Europe's latest supercomputer.

Organizations Should Use IT for Sustainable Growth In Turbulent Times

To drive sustainable growth in turbulent and uncertain economic times, CIOs and IT executives should use digital investments that deliver repeatable financial and performance results efficiently and responsibly, according to Gartner.

Foxconn Protests Expected to Cut Chinese iPhone Output by 30 Percent

Disruptions at Hon Hai Technology Group’s largest facility in China could reduce the production of iPhones by at least 30% this month, Reuters reported.

Battle Against Hate Speech in the EU Slows Down

In its seventh evaluation of the Code of Conduct on countering illegal hate speech online, the European Commission says there was a decrease in companies' notice-and-action results.

India to Enforce USB-C Uniformed Chargers

Ministry of Consumer Affairs of India detailed legislation to enforce the adoption of a uniform charging port to curb e-waste and push effective implementation.

EU States Advance Chip Funding Plan

The European Commission’s plan to push forward chip manufacturing within the EU has advanced, Reuters reported.

UK to Investigate Broadcom – VMware Deal

CMA, the UK’s Competition and Markets Authority, started an investigation into a proposed $69 billion deal by chipmaker Broadcom to acquire cloud player VMware.

Waning Smartphone Demand Affects Xiaomi’s Revenue in Q3

Xiaomi went into negative territory in the third quarter of 2022.

CCaaS Platforms to Handle 48 Billion Voice Calls by 2027

The total number of calls handled by CCaaS (Contact Centres-as-a-Service) platforms will be nearly 48 billion by 2027; rising from 20 billion in 2022, according to Juniper Research.

Semiconductor Market Declines into Uncharted Seasonal Territory

The semiconductor market has had an exceptional run of sequential revenue growth during the COVID-pandemic period that began in early 2020 according to Omdia.

AWS Launches Infrastructure Region in Spain

Amazon Web Services announced the launch of its eighth infrastructure Region in Europe, the AWS Europe (Spain) Region.

TikTok Becomes the Latest Member of the GSMA

TikTok joined the GSMA as a new member of the industry association.

Cisco Reaches Record Quarterly Revenue

Cisco delivered the largest quarterly revenue in the company’s history.

Qualcomm Unveils AR Chipset for Smart Glasses

Qualcomm announced its new AR chipset developed for use in smart glasses.

Decreasing Demand Drives Increasing Promotion Activities

The global market for Consumer Technology and Durables (T&D) is again facing a challenging promotion season this year, according to GfK.

Cerebras Unveils Andromeda, a 13.5 Million Core AI Supercomputer

Cerebras Systems unveiled Andromeda, a 13.5 million core AI supercomputer, now available and being used for commercial and academic work.

A1 Becomes First European Provider with Full Digital Payment Process in Stores

A1 is the first telecommunications provider in Austria and in Europe to digitalize its entire payment process in the stores and therefore to dispense with printed invoice receipts.

Apple Captures 68 Percent Share During 11.11 Shopping Festival in China

9.0 million units of smartphones were sold during the 11.11 online shopping festival in China this year, down 35% YoY, according to Strategy Analytics.

Siemens Delivers Outstanding Performance in Fiscal 2022

Siemens once again delivered an outstanding performance in fiscal 2022.

Qualcomm Unveils Snapdragon 8 Gen 2 Chipset

Qualcomm introduced Snapdragon 8 Gen 2 chipset which will power flagship smartphones.

Romanian Spectrum Auction Falls Short of Expectations

Ancom, the telecoms regulator in Romania, announced its spectrum auction for 5G suitable frequencies had concluded.

Digital Services Act Entered Into Force Today

Today, a landmark new set of EU rules for a safer and more accountable online environment enters into force with the Digital Services Act (DSA).

Google Settles on a US Location Tracking Probe

Google agreed on a $391.5 million settlement in the US.

Ericsson Cleared in Sweden on China Bribery Case

Swedish prosecution authority dropped an investigation into Ericsson regarding alleged bribery payments made in China by the vendor’s employees.

GSMA Satisfied with Operator Sustainability Progress

The GSMA said that the new figures have revealed that global mobile operators are making strong progress in maximizing the use of renewable energy in their networks.

500 Million Connected Cars Provide New Opportunity for Media Companies

The connected car market is the latest battleground for media companies, as they prepare to fight for a piece of an addressable market that will be comparable in scale to that of pay TV set-top boxes by 2025, according to Omdia’s research.

Ericsson Faces Legal Action in Russia

Tele2 Russia launched legal proceedings in Moscow against Ericsson and local supplier Satel TVK.

Three Factors Influencing Growth in Security Spending

Three factors influencing growth in security spending are the increase in remote and hybrid work, the transition from virtual private networks (VPNs) to zero trust network access (ZTNA), and the shift to cloud-based delivery models, according to Gartner.

Portugal Is the First to Commercially Use Huawei’s Hertz Platform Antennas

FDD 8T8R antennas based on the Huawei Hertz platform have reached a new milestone with their first-ever commercial adoption in Portugal.

EU Boosts Action Against Cyber Threats

The European Commission and the High Representative put forward a Joint Communication on an EU Cyber Defence policy and an Action Plan on Military Mobility 2.0.

Insider Intelligence Slashes 2022 Ad Spending Forecast by Nearly 6 Percent

Total digital ad spending worldwide will not grow as robustly over the next two years as Insider Intelligence expected in the Q1 forecast.

Meta Platforms Cuts 11,000 Jobs

CEO Mark Zuckerberg revealed that Meta Platforms will cut 11,000 jobs.

No Dominant Chatbot Players on the Horizon

One of the world’s most lucrative AI businesses, Chatbots/Virtual Digital Assistants, will remain a market served by a robust, diverse ecosystem of vendors, according to Omdia.

EC Opens In-Depth Investigation of Microsoft - Activision Blizzard Merger

The European Commission has opened an in-depth investigation to assess the proposed acquisition of Activision Blizzard by Microsoft under the EU Merger Regulation.

Foldable Phone Shipments Expected to Reach 41.5 Million in 2026

IDC expects worldwide shipments of foldable phones, including flip and fold form factors, to reach 13.5 million units in 2022.

InterDigital Gets EU Funding for 6G Research

InterDigital secured EU funding for their 6G research.

Meta Reportedly Plans Massive Layoffs

Meta Platforms is rumored to announce mass job cuts later this week.

Álvarez-Pallete Stays GSMA Chairman for Another Two Years

The GSMA revealed that the Telefonica chairman and CEO Jose Maria Alvarez-Pallete will continue as its chairman until at least the end of 2024.

Despite Successful Q4 and FY 2022, Qualcomm Expects Lower Sales in 2023

Qualcomm finished the financial year 2022 with a rise in revenue and income in the last quarter and the entire year.

Telefónica Increases Revenue in the Third Quarter

In the third quarter of 2022, Telefónica saw a significant rise in revenue.

Over a Quarter of All VC Funding is Going to Climate Technology

Climate tech funding in 2022 represented more than a quarter of every venture dollar invested in 2022, in the upper half of the 20-30% range observed since the start of 2018, according to PwC.

Tech Companies Dominate Among the Top Global Brands

For the first time ever in 2022, the average brand value of Interbrand’s Best Global Brand list has reached over $3 trillion.

Twitter Starts Massive Layoffs

Earlier this week, Elon Musk announced that many of the staff would be laid off barely a week after completing a contentious $44 billion acquisition of the social media site.

ePharmacy Users to Reach One Billion Globally by 2027

The number of ePharmacy users will reach one billion globally by 2027; increasing from 795 million in 2022, a growth of 28%, according to Juniper Research.

Strategy Analytics: Notebook Market Declines in 3Q22

Notebook PCs continued to struggle this year as shipments declined 15% compared to last year, according to Strategy Analytics.

IDC: Tablet and Chromebook Shipments Continued to Decline in Q3

Worldwide tablet shipments were down 8.8% year over year in the third quarter of 2022 (3Q22), totaling 38.6 million units, according to IDC.

Canalys: Weak Demand Extends Tablet and Chromebook Woes into 3Q22

The third quarter of 2022 brought about a fifth consecutive year-on-year decline for the worldwide PC (including tablet) market, according to Canalys.

High Price of Electric Vehicles Deters Potential Buyers

A new Juniper Research survey has found that 66% of UK respondents and 61% of US respondents are discouraged from adopting electric vehicles due to their high purchase price.

Omdia: Smartphone Shipments Fell 7.6 Percent in 3Q22

Global smartphone shipments totaled 301.2 million units in the third quarter of 2022, according to Omdia.

INTERPOL Launches First Global Police Metaverse

At a surprise session of the 90th INTERPOL General Assembly in New Delhi, the global police organization unveiled the first-ever Metaverse specifically designed for law enforcement worldwide.

IDC: Smartphone Market Suffers Fifth Consecutive Quarter of Shipments Decline

Worldwide smartphone shipments declined 9.7% year over year to 301.9 million units in the third quarter of 2022 (3Q22), according to preliminary data from IDC.

Huawei Stabilizes Sales, as Profits Continue to Drop

Huawei managed to stop its revenue decline but its profitability continued to slide in the first three quarters of 2022.

Samsung Expects Rise of Smartphone Demand in the Current Quarter

Samsung expects shipments of mobile devices to rise in the current quarter.

Musk Finishes Twitter Takeover, Sacks Top Executives

Elon Musk officially completed a protracted $44 billion takeover of Twitter.

Apple Reports a Record Quarterly Revenue

Despite the difficult global economic and political situation, Apple managed to post record results in its fiscal fourth quarter.

Cloud Strength Drives Microsoft’s Quarter Results

In the first quarter of the financial year 2023, which ended September 30, Microsoft posted solid results.

Disappointing Quarter for Meta Results in Heavy Loss on Stock Exchange

Metaverse might be embedded in the company's name, but the next virtual world is bringing a heavy burden on the Facebook parent.

EC Proposes to Accelerate the Rollout of Instant Payments

The European Commission has adopted a legislative proposal to make instant payments in euros, available to all citizens and businesses holding a bank account in the EU and EEA countries.

Alphabet Revenue Slows in Q3

Google parent Alphabet’s revenue rose 6% year-on-year to $69 billion in the third quarter of 2022.

Nokia’s RAN Solutions Pass GSMA’s NESAS Security Audit

Nokia’s Single RAN Base Station portfolio as well as its 5G Cloud RAN solution have passed the GSMA’s bi-annual Network Equipment Security Assurance Scheme (NESAS) audit.

The First Live Edition of MWC Africa Opened in Kigali

The first in-person edition of MWC Africa started yesterday in Kigali, Rwanda. It brings together a variety of industry sectors, business leaders, and policymakers with the region’s mobile ecosystem.

Samsung Launches Matter Functionality

Samsung announced the availability of Matter functionality, allowing for seamless device control via the SmartThings app.

South Korea Considering Network Access Fees for Netflix and Google

South Korean parliament started the debate on draft bills to ensure Netflix and Google pay a fair price for network access as traffic surges.

Seven Disruptions CIOs Might Not See Coming

CIOs must take time to consider “what if” scenarios to avoid being blindsided by social, behavioral, and technological disruptions, according to Gartner.

Higher Costs Affected Ericsson’s Business in 3Q22

Higher component and logistics costs hit Ericsson’s margins in the third quarter of 2022.

Sony Leads Image Sensors Market for Smartphones in 1H22

The global smartphone Image sensor market clocked a total revenue of $6.4 billion, according to Strategy Analytics.

Samsung Introduces Fastest LPDDR5X DRAM at 8.5Gbps

Samsung announced that its latest LPDDR5X DRAM with the industry’s fastest speed of 8.5 gigabits per second (Gbps) was validated for use on Snapdragon mobile platforms.

Cleveland Clinic and IBM Begin Installation of IBM Quantum System One

Cleveland Clinic and IBM have begun deployment of the first private sector onsite, IBM-managed quantum computer in the United States.

IBM Beats Quarterly Earnings Estimates

In the third quarter of 2022, IBM performed above expectations.

Nokia Had Double-Digit Growth in Revenue and Profit in 3Q22

During the third quarter of 2022, Nokia improved its revenue and profit on a yearly basis.

Huawei Plans to Invest €150 Million into European Cloud Hub

Huawei plans to open its first European cloud hub.

Netflix Reverses Subscriber Loss Trend

Netflix reversed customer losses with 2.4 million new subscribers in the third quarter of 2022.

TikTok Overtakes Netflix as the Most Popular App with Under 35s in the USA

TikTok has leapfrogged Netflix to become the second most popular service in the USA, with only YouTube retaining the crown for under 35s viewing, according to Omdia.

The Global Smartphone Market Fell 9 Percent in 3Q22

In the third quarter of 2022, the global smartphone market recorded its third consecutive decline this year, dropping 9% year-on-year, according to Canalys.

Nokia Announces Most Advanced Fiber Broadband Platform in the World

Nokia announced the world’s first Generation 6 broadband platform, designed for a ‘fiber-for-everything’ world where fiber broadband networks evolve to become a single infrastructure for all services.

A1 Telekom Austria Group and Invitech Expand Fiber Network

The International Business Unit of A1 Telekom Austria Group and Hungarian Invitech ICT Services installed the shortest and fastest fiber connection between Vienna and Budapest.

Samsung Starts 6G Research Group in the UK

Samsung formed a 6G research group in the UK focused on developing next-generation network technology and devices.

TSMC Lowers Q4 Outlook on Slowing Demand

Taiwan Semiconductor Manufacturing Co (TSMC) expects its business to stabilize in the current quarter as global demand slows.

Transformable Display Market Will Grow Up to 117.7 Million Units in 2029

With display technology improving for bending radius (BR) and transmittance (TR), shipments of transformable displays are expected to reach approximately 117.7 million units in 2029 with a 2.7% share of the total flat panel display market, according to Omdia.

Banking-as-a-Service Revenue to Reach Over $38 Billion by 2027

The total BaaS (Banking-as-a-Service) platform revenue will exceed $38 billion by 2027; rising from $11 billion in 2022, according to Juniper Research.