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.
Apple plans to open its first manufacturing facility in Indonesia, according to the Minister of Investment, marking a move that could lift the ban on the sale of the iPhone 16.
Huawei has won two awards at Network X 2024, held in Paris, France, which has demonstrated Huawei’s technological advantages in the global optical network field.