LG Display’s operating profits have left the forecast of 10 analysts in the dust. For its fourth quarter, Oct-Dec, the Apple supplier reported 279 billion won against its previous year of 44 billion won and against analysts’ forecast of 132 billion won. On Wednesday, LG Display Co Ltd reported a rise of more than six-fold…
Telecom operators are designing 5G systems based on either Ericsson’s technology or that of Nokia Oyj. On Tuesday, Australia’s nascent network TPG Telecom Ltd stated, it would abandoned building its mobile telephone network which relied heavily on Huawei Technologies Co Ltd for equipment since the Australian government has banned Huawei on security grounds. Across the…
Intel is one of the biggest employers in Israel as well as one of its biggest exporters. Israel’s finance minister has stated, Intel Corp will sink in $10.9 billion (40 billion shekels) on a new chip plant factory in Israel, as part of its most recent multi-billion dollar investment in the country. “Intel’s global management…
The charges will test Beijing’s ability to compartmentalize the alleged violations of sanctions on Iran by Huawei from the ongoing trade negotiations. In a development of far reaching implications for U.S.-China bilateral relations, the United States has charged Huawei Technologies Co Ltd with criminal conspiracy to violate U.S. sanctions on Iran. The U.S. Justice Department…
The bug allows an iPhone user placing a video call using Apple’s FaceTime video calling feature to hear background audio from the recipient’s phone even if the recipient has not yet picked up the call. Apparently, the bug relies on Apple’s group video calling feature. Apple has stated, it will issue a software patch later…
Some of Altran’s operations in Europe had been affected by the cyber attack. It is to be seen whether this attack was part of the DNS hijacking attack that Britain’s National Cyber Security Centre is investigating. On Monday, Altran Technologies, a French engineering consulting firm stated, it was hit by a cyber attack last Thursday…
The joint venture, BAIC-Xiaoju New Energy Auto Technology Co. Ltd, will see the two collaborate on new energy vehicles as well as artificial intelligence projects. On Monday, as per a statement released by China’s Didi Chuxing, it had set up a joint venture with BAIC’s Beijing Electric Vehicle Co., in order to work on new…
The fund is aimed at getting a better understanding on how 5G data can be optimally managed in all aspects including cybersecurity. In a statement, the Canadian government stated, it will provide $30 million (C$40 million) in funding to Finland-based Nokia for research on 5G wireless technology. The funding will help Nokia better get a…
The changes are seen as a restructuring of leadership at Project Titan. On Thursday, as per a report from CNBC which cites sources familiar with the matter at hand, Apple Inc has dismissed more than 200 employees from Project Titan, its autonomous vehicle group. The dismissals are seen, internally, as anticipated restructuring under the relatively…
Airbus, Boeing and numerous other firms are working on a range of electromobility options that is defining the future of mobility. In an inaugural test flight, Boeing Co’s prototype flying car hovered briefly in the air in a development that albeit small but is a significant step to revolutionizing urban transportation and parcel delivery services.…
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