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.
SK Telecom saw 5G subscribers rise to 17 million despite a cybersecurity setback, while profits fell sharply due to higher infrastructure spending. Its AI business grew strongly, driven by data center and business solutions sales, with major AWS-backed expansion plans.
Globe Telecom is finalizing a major tower sale, divesting nearly seven thousand sites since 2022 and raising over PHP89 billion. The proceeds strengthen liquidity, reduce debts, and fund future expansions. Recent deals with MIDC and PhilTower mark steady progress toward a leaner, more agile operation.
SK Telecom propels AI into the future with its innovative AX 3.1 Lite model, optimizing mobile applications with its 7 billion parameter structure. Through open-source accessibility on Hugging Face, SK Telecom aims to revolutionize localized language processing.
Boldyn Networks is reinforcing its European presence with a new strategic structure, unifying operations and leadership across key markets. The integration of Smart Mobile Labs and recent industry recognition highlight its ambition to lead in advanced connectivity solutions for public and private sectors.
Bell Canada is capitalizing on market conditions with its new Security-as-a-Service (SECaaS) offering. This move aligns with Canada’s national pride, offering real-time threat response, scalability, and local data compliance. As cyber threats rise, leveraging advanced security solutions ensures data remains sovereign.
SK Telecom saw strong growth in 2024, driven by a 19% surge in AI revenue and a 4.0% rise in AI business. With 31.8 million mobile users and strategic investments in AI infrastructure, the company is advancing its AI ambitions.
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.
