Epsilon Telecommunications (Epsilon), a KT Corp. company and leading global interconnectivity provider, has appointed Damon (Young Seok) Lee as its Group Chief Executive Officer. Lee joins Epsilon with over 27 years of experience in the telecommunications and technology sectors, most recently serving as Vice President in KT’s Enterprise Business. He will lead Epsilon’s senior executive team with a focus on optimising the company’s business strategy and global growth.
In a significant move to strengthen its position in the global semiconductor industry, the Japanese government has committed approximately $307 million in subsidies to a high-profile semiconductor project. This initiative brings together major players NTT from Japan, Intel from the United States, and South Korea’s SK Hynix. Their collaboration focuses on the development of advanced optical semiconductor technology, which promises faster data processing speeds and reduced energy consumption compared to traditional electrical semiconductors.
Telecommunications giant Kirin partners with Chinese auto manufacturer Dongfeng, aiming to innovate in ‘new energy’ automobiles. The deal looks to infuse Huawei tech into Dongfeng’s vehicles, sparking curiosity around specifics and outcomes. Voyah, the brand at the center of the deal, ambitiously plans to double their output, leveraging China’s vigorously blooming EV market.
In a significant move to bridge the digital divide, Colorado is investing $113 million from its Capital Projects Fund (CPF) in 27 broadband projects. These initiatives aim to connect nearly 19,000 homes and businesses, underscoring the state’s commitment to improving internet access.
BT is pushing the envelope, repurposing fading street cabinets, once integral for broadband and phone hookups, into sophisticated EV charging points. Amid a direct-to-home fiber revolution, redundant units could fuel a UK-wide EV charging network, starting in East Lothian, Scotland.
A recent report by the Fiber Broadband Association (FBA) reveals that fiber internet has now reached over half of U.S. households, surpassing 51.5% of primary homes. The survey, conducted by RVA LLC Market Research and Consulting on behalf of FBA, highlights 2023 as a record-setting year for annual fiber-to-the-home growth, with network operators connecting an unprecedented nine million new homes.
Chinese tech juggernaut, Huawei aims to bolster its global partnerships, despite facing recent US sanctions. Pivoting to the automotive sector, Huawei’s Intelligent Automotive Solution (IAS) is poised to become a driving force in smart electric vehicles software and parts. Interestingly, while Mercedes Benz declined an investment offer to retain its software independence, a collaborative opportunity with Audi for autonomous drive technology is reportedly in play.
In a recent surge of developments within the data center industry, Microsoft has taken the lead with its commitment to invest a staggering £2.5 billion in expanding artificial intelligence (AI) data center infrastructure in the UK. This landmark investment comes amidst a thriving year for the sector, showcasing a 13% estimated growth compared to the previous year, according to Synergy Research Group.
An unprecedented advance in antenna technology can enable the manipulation of all five fundamental properties of electromagnetic waves through software control, according to researchers at City University of Hong Kong.
Elliott Investment Management criticizes Crown Castle’s underperformance, pushing for an overhaul, including a new leadership team and board. Boldyn Networks activates a ‘small cell’ near King’s Cross, partnering with EE to boost coverage and speed in London. AWS expands Amazon Bedrock with new generative AI features, including leading models, customization options, and safeguards. Windstream’s Kinetic is launching a $32.5 million fiber project in Georgia, partnering with an electric cooperative, aiming to connect 17,000 homes and businesses in Colquitt County.
