IDC predicts a promising future for the semiconductor industry, driven by AI advancements and a stock level recovery. With a refreshed outlook signaling sustainable growth, the firm anticipates global chip revenue of $526.5 billion in 2023. Progress can be seen in the revised revenue forecast for 2024, hinting at a 20.2% year-on-year growth to $633 billion.
Infobip secures leadership position in the CPaaS market for the second year, showcasing commitment to omnichannel communications. Outperforming competitors, IDC lauds Infobip for customer service, functionality, and more. Exciting times ahead with CPaaS X solution launch in May 2023.
Microsoft has sold its former private 5G unit, Metaswitch, to Alianza, signaling a shift in its telecom strategy. While Microsoft’s 5G efforts struggled, this deal enables Alianza to modernize telecom infrastructure for over 1,000 service providers, enhancing cloud-native and AI-driven services.
Schneider Electric has introduced cutting-edge solutions to address energy and sustainability challenges linked to AI demand. With NVIDIA, they’ve developed a data center design supporting AI clusters with 132 kW per rack.
Red Hat is enhancing its partnership with AWS to boost its virtualization and AI solutions on AWS Marketplace. This strategic collaboration integrates Red Hat’s Enterprise Linux AI and OpenShift solutions, offering a streamlined path for organizations.
Cisco’s partnership with Transatel revolutionizes secure 4G and 5G connectivity using eSIM technology. This seamless integration offers enterprises faster, scalable, and secure mobile branches with on-demand SD-WAN and edge computing for IoT.
Dell Technologies has significantly expanded its AI offerings with new PowerEdge servers powered by AMD’s 5th Generation EPYC processors. These servers are engineered for high-performance AI, offering substantial improvements in efficiency and scalability.
Oracle is investing $6.5 billion in AI and cloud services in Malaysia, marking the launch of a new Oracle public cloud region. This addition enhances Oracle Cloud Infrastructure’s reach across Asia Pacific, offering Malaysian businesses advanced AI infrastructure, data analytics tools, and comprehensive VOIP solutions.
Huawei is revolutionizing the wrist-worn device market, especially in China, by bucking global trends and achieving significant growth. With a 42% year-on-year increase in shipments, Huawei leads thanks to strategic market expansion and robust domestic performance.
The Swansea Bay City Deal awarded VMO2 a contract to upgrade fibre infrastructure. The global smartphone market is expected to grow, driven by Android sales in China and emerging markets. Patton acquired Raymar Information Technology to continue supporting crucial legacy industrial technologies. EE has released age-specific smartphone usage guidelines.
