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.
Finland-based business support systems (BSS) provider Qvantel announced it is acquiring rival Optiva, in a move aimed at expanding its scale and accelerating the development of full-stack, AI-enabled BSS solutions.
Nokia’s Senior Vice President for the Middle East and Africa, Mikko Lavanti, has reaffirmed the company’s commitment to the region, stating that it remains a key area for growth.