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Data from Counterpoint Research reveals shifts in China's smartphone market with Huawei emerging as a winner while Apple faced challenges.
Market Watch

Huawei Surges in Chinese Smartphone Market as Apple Slips

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According to Counterpoint’s Market Pulse Service, China’s overall smartphone sales saw a modest 1.5% year-on-year growth in Q1 2024, marking a second consecutive quarter of positive growth. Notably, Huawei experienced a remarkable 69.7% year-on-year increase in market share, solidifying its position in the market. This growth was attributed to Huawei’s successful launch of the 5G-capable Mate 60 series and its enduring brand reputation, particularly in the premium segment priced above $600. In contrast, Apple witnessed a 19.1% year-on-year decline in market share during the same period, partly due to Huawei’s gains in this segment.

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Nokia has reportedly cut orders with supplier Foxconn Industrial Internet, based on insights delivered by anonymous sources.
Market Watch

Navigating Clean Network Compliance: Nokia’s Shift from Foxconn

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Embracing certain compliance measures with the U.S. ‘Clean Network’ program, Nokia seemingly reduced its orders with supplier Foxconn Industrial Internet, marking another move away from China-based telecoms equipment. Though these adjustments primarily impact specific equipment types, both entities express an unusual blend of caution and resilience.

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Telecom News | Week #16: Data center growing demand, Nokia profit surge, Telesystem cybersecurity bundle launch, use of GIS technology.
News Roundup

A quick roundup of the news in Telecoms | Week #16

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The demand for data centers is soaring due to edge services and generative AI. Nokia’s first-quarter results showed a 19% drop in sales but a notable 52% profit increase. Telesystem has launched new cybersecurity bundles featuring updated Employee Security Awareness Training. Utility companies are using GIS technology to address infrastructure, workforce, and demand challenges.

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Letta's report underlines fragmentation faced by the European telecoms sector, with its markets serving an average of 5 million customers.
Telco Buzz

Balancing Market Unity and Diverse Telecom Opportunities in EU

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Letta’s recent report underlines the fragmentation faced by the European telecoms sector, with its 27 separate national markets serving a mere average of five million customers. Highlighting the necessity for unification and increased scale for cost-effective innovation, the report aims to strengthen the sector’s competitiveness, fueling new advancements like edge computing and IoT.

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The UK Government's newly established Critical Imports Council aims to lessen the disturbance of essential goods flow from disruptions.
Market Watch

Critical Imports Council: Bolstering UK’s Tech Supply Chains Amid Global Instability

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The UK Government’s newly established Critical Imports Council aims to lessen the disturbance of essential goods flow from unpredictable global supply chain disruptions. Business and Trade Minister, Alan Mak, highlights strengthening critical goods supply against real-world crises through collaborative efforts with industry experts. With representation from diverse sectors including telecommunications, the council will focus on assessing risks and creating robust mitigation strategies.

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The UK CMA raised alarms regarding the possibility of a collusion among American tech giants, aiming to manipulate the AI market.
AI

UK Authorities Concerned Over US Tech Giants’ Potential AI Cartel

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The UK Competition and Markets Authority (CMA) has raised alarms regarding the possibility of a collusion among a handful of American tech giants, aiming to manipulate the AI market in their favor. The focus of their worry centers on the control exerted by these companies over the development and commercialization of foundation models (FMs), with Open AI’s GPT being a prominent example.

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To delineate South Korea's ambition hold a spot in the semiconductor industry, Yoon Suk Yeol declared an investment of $6.94 billion in AI.
AI

South Korea’s AI Semiconductor Investment: Global Dominance or Risky Venture?

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President Yoon Suk Yeol recently detailed South Korea’s aggressive moves to establish its supremacy in the global semiconductor sector, including a staggering $6.94 billion commitment to AI by 2027. Amid fierce competition, South Korea’s largest telecom firm, SK Telecom, is paralleling governmental efforts with its own investment in AI firms.

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Telecom News | Week #15: Huawei R&D complex, 6G device development, launch of MASV Solutions Partner Program, LEAP's global reach expansion.
News Roundup

A quick roundup of the news in Telecoms | Week #15

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Huawei is nearing completion of a large R&D complex in Shanghai focused on semiconductor technology. Fujitsu, NEC, NTT, and DoCoMo have unveiled a groundbreaking ‘top-level sub-terahertz 6G device’ achieving 100 Gbps speeds over 100-meter distances in the 100 GHz and 300 GHz bands. MASV’s Solutions Partner Program simplifies large file transfers using their cloud-based platform. LEAP is expanding global customer outreach with Vonage’s Communications APIs and SIP Trunking for scalable cloud connectivity.

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