South Korea’s Naver Corp to establish unit in Saudi Arabia

Nokia acquired Infinera US$2.3 billion to increase its scale in optical networks, a move to bolster future products and improve its profit line.  

Huawei signed global patent licensing agreements with Amazon and Chinese smartphone firm Vivo, moves the infrastructure company said will provide consumers with more innovative products and services. 

Nokia signed a memorandum of understanding with a transport-focused Indian university to develop opportunities within logistics and transportation.