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South Korea’s President Yoon Suk Yeol revealed a historic $19 billion support package aimed at bolstering the nation’s semiconductor sector, underscoring the industry’s critical role in the economy. The substantial investment, facilitated by the state-run Korea Development Bank, will enhance infrastructure, research and development, and offer tax incentives.

The UK’s telecommunications regulator, Ofcom, is advancing plans to facilitate shared access to the highly sought-after upper 6 GHz band, proposing two primary frameworks to balance the needs of both mobile and Wi-Fi providers. The first proposed approach, known as variable spectrum split, would allow both mobile and Wi-Fi services to use portions of the spectrum not occupied by the other.

The smartphone industry is gearing up for a seismic shift as generative Artificial Intelligence (GenAI) capabilities become mainstream. According to the latest forecast from Counterpoint Research, the global shipment of GenAI-capable smartphones is expected to grow at an impressive compound annual growth rate (CAGR) of 65% between 2024 and 2027.

Archetype AI, a pioneering company dedicated to leveraging artificial intelligence for practical solutions, has officially emerged from stealth mode to introduce Newton™, a groundbreaking foundational model designed to comprehend and interpret the physical world like never before. This innovative initiative aims to empower individuals and organizations with unprecedented insights into their surroundings.

Nvidia is setting its sights on a more significant role within the mobile networking sphere, particularly in the emerging field of 6G technology. At its annual GTC AI event, the company unveiled its ambitious 6G Research Cloud Platform, positioning itself as a key player in the next evolution of mobile technology. This initiative is designed to leverage Nvidia’s expertise in chips and AI, demonstrating its capabilities beyond the realm of 5G.

Telecom leaders discussed the challenge of monetizing 5G. Vodafone’s ‘The Great British Telecoms Switch’ campaign offers BT customers savings and compensations to switch providers. A Pew Research Center survey found U.S. teens have a complex relationship with smartphones. Verizon’s report shows a 129% rise in mobile network traffic over 5 years. Iliad aims to become the fifth-largest mobile operator in Europe by 2024.

Nokia unveiled specialized, private AI models for the telecom sector to improve network operations and customer service. A coalition of 10 governments agreed on principles for secure 6G networks. IBM and the GSMA have launched a global AI training initiative to bridge the AI knowledge gap among telecom operators. Qualcomm’s Snapdragon X80 modem chip introduces 5G-Advanced support with up to 10 Gbps speeds and six-carrier aggregation.