Huawei held a ceremony to launch the Cairo OpenLab during the Cairo ICT 2017 conference. Huawei, together with industry alliance and partners in Northern Africa, aims to build ICT ecosystem in Northern Africa in response to industry digital transformation.
Swedish telecom equipment provider Ericsson published its Q3 financial results on October 20. The company reported a 6 percent year-on-year drop in third quarter revenue which accounted for SEK47.8 billion ($5.9 billion) while the loss was SEK4.8 billion ($590 million), worse than last year’s, reaching $24.5 million.
US chipmaker Qualcomm has penned a $12 billion megadeal with three leading Chinese mobile manufacturers. The announcement was made against the backdrop of a state visit to Beijing by US President Donald Trump.
The world's leading brand consulting firm Interbrand, has announced its 2017 Best Global Brands Report and confirmed Huawei's move to number 70 -two spots up from its ranking in 2016. Brand valued at approximately USD $6.676 billion; Huawei has grown by 14 percent over the past year.
Nokia announced a major addition to its monetization portfolio that helps service providers improve the digital customer experience, implement innovative business models and unlock new revenue opportunities.
