Two recent deals in Sierra Leone and Malawi underline the continuing role of Chinese telecommunications in general, and tech giant Huawei in particular, in the ongoing digital development of the African market.
The US government has announced it will replace Huawei telecoms equipment installed at 13 sites across Panama, in a move it says is aimed at countering China’s influence in the Americas.
Foxconn’s Singaporean unit reportedly gained a licence from Vietnamese authorities to invest US$551 million into two projects to produce smart entertainment products and smart system equipment.
Ericsson announced it will book a non-cash impairment of SEK11.4 billion (US$1.1 billion) in its Q2 results, blaming cloud unit Vonage which had previously hit the Swedish vendor in the wallet.