Huawei reported net profit more than doubled in its 2023 financial year to CNY87 billion (US$13.4 billion) as it saw revenue growth across its multiple arms.
Ericsson has reported its Q4 results along with its full-year results for 2024, and while the Swedish vendor saw an uptick in North America, its sales have cratered across emerging markets.
The financial difficulties faced by tech giant Intel seem likely to hit its operations in a number of regions, including Poland and Malaysia, with delays likely for chip-related operations in both countries.
Artificial intelligence (AI) underpins two recent announcements in the Latin American region – one from technology giant Microsoft and the other from Wi-Fi optimisation specialist Galgus.