Brand Finance, a leading brand valuation and strategy consultancy headquartered in UK, has named Huawei one of the top 10 most valuable brands for the first time ever. In the recently published Brand Finance Global 500 2020 report, Huawei is the third Chinese company on the list with a brand value of US$ 65.084 billion, up 4.5 per cent year-on-year. “Clearly the next big opportunity for the telecoms industry, the 5G space is inviting fierce competition, with Huawei expanding into…

Huawei greenlighted for limited role in UK’s 5G network

Written on Wednesday, 29 January 2020 05:12
The UK has finally approved a limited role for Chinese telecoms giant Huawei in the country's 5G network, but underscored that "high risk vendors" would be excluded from "sensitive" core infrastructure. The United States wanted Prime Minister Boris Johnson to ban Huawei completely, arguing that Beijing could use the company’s equipment to spy on western counterparts. Huawei has strongly denied any involvement in espionage. London's decision, following a meeting of the National Security Council chaired by Boris Johnson, came shortly…

Huawei awaits approval for role in UK’s 5G network

Written on Monday, 27 January 2020 13:50
Despite opposition from the United States, Britain is to yet to decide on a potential role for China's Huawei in developing its 5G telecoms network. However, reports say this will be in a limited capacity after heavy US obstruction on security grounds. "The UK has a momentous decision ahead on 5G," US Secretary of State Mike Pompeo tweeted as Washington continued to heap pressure on Prime Minister Boris Johnson up to the last minute in urging a complete sidelining of…
Ericsson published its Q4 financial results which highlighted that the Swedish telecom vendor did not experience much growth. The vendor stated that the protracted merger of T-Mobile US and Sprint were to blame for the 9% drop in North America. However, despite this, Ericsson experienced plenty of growth in the North American region at the beginning of the year. Ericsson CEO Börje Ekholm commented on this and stated, “Due to uncertainty related to an announced operator merger, we saw a…

Huawei recognized for relentless R&D efforts

Written on Monday, 20 January 2020 11:52
Huawei has been ranked fifth on the recently released 2019 EU Industrial R&D Investment Scoreboard as one of the biggest investors in research and development worldwide. The Scoreboard is made up of the 2,500 companies investing the largest sums in research and development in the world, with data collected from companies’ annual reports and accounts. As a result of its R&D investments focus, Huawei has been able to lead the development of 5G technologies globally and the Middle East region…
Huawei Consumer Business Group (CBG) announced that it has shipped 6.9 million units of 5G smartphones as of December 2019, in addition to offering end-to-end 5G solutions. The strong sales reflect Huawei’s relentless commitment to 5G R&D and reinforce Huawei’s leadership in 5G technology.
Cites FCC’s arbitrary findings and failure to offer due process protections
Nokia and Innventure, which commercializes innovative technologies, have established a relationship designed to accelerate commercialization of disruptive Nokia Bell Labs satellite communications technology and intellectual property in areas beyond Nokia core businesses. The collaboration with Innventure will be led by Nokia Technologies, the company's licensing arm.

China condemns US for ‘economic bullying’ of Huawei & ZTE

Written on Thursday, 31 October 2019 07:08
China blasted as "economic bullying" a US proposal to block service providers buying from Chinese tech companies Huawei and ZTE. The two Chinese vendors have been accused of posing a threat to national security because of their ties to the Beijing government. The US Federal Communications Commission (FCC) said that the proposed rules were part of an initiative to "safeguard the nation's communications networks". FCC chairman Ajit Pai also said: “We cannot ignore the risk that the Chinese government will…
Ericsson published its financial results for Q3 2019, reporting 3% percent growth in sales. Total sales were SEK 57.1 billion(b)., equivalent to AED 21.5 b. Sales adjusted for comparable units and currency increased by 3% driven by strong growth in North America and North East Asia. For Q3 19, operating income was impacted by cost provisions of USD -1.2 b. (SEK -11.5 b.) corresponding to a margin of 11.4% excluding restructuring costs, the US investigation costs of USD -1.2 b.…

Nokia celebrates achievements in the field of 5G

Written on Wednesday, 02 October 2019 12:42
 Nokia is celebrating twelve months of 5G ‘firsts’: a milestone defined by 23 game-changing achievements in the field of 5G. Over a twelve-month period that started on 6 September 2018 with the first over-the-air, end-to-end data transmission on a commercial 3GPP 5G New Radio network in partnership with Verizon, Nokia has gone forward to achieve an additional 22 5G firsts in six continents and in a wide range of technology areas. In addition, as North America is thus far the…

Nokia opens 5G Future X Lab in Finland

Written on Wednesday, 25 September 2019 12:14
Nokia today opened a 5G Future X Lab at its global headquarters in Espoo, Finland, enabling customers to experience Nokia’s full end-to-end portfolio of 5G equipment, software and services. The Lab will enable communications service providers, enterprises and infrastructure providers to learn and understand the techno-economic power of a 5G end-to-end network to better serve their customers and unleash new value.
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