Huawei signs patent agreements with Amazon, Vivo

Naver, a Korean technology company whose interests include internet, artificial intelligence (AI) and cloud computing, has signed a memorandum of understanding (MoU) for a sovereign AI business with Thailand-headquartered AI and cloud platform firm SIA…

Data from Dell’Oro Group showed Huawei was the leading telecom equipment vendor by revenue in 2023, but the overall market had contracted 5% year-on-year, snapping five years of consecutive growth. 

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.