Ericsson grabs Nokia’s market share in China

According to sources familiar with the matter at hand, Ericsson has won a 3% share in a joint 5G radio contract from China Telecom and China Unicom. Tender documents published by these Chine companies show, Nokia, which was expected to grab Ericsson’s market share in China, did not receive any share. The tender document doesn’t disclose percentage wins,…

Chinese state-sponsored hacking group HAFNIUM pillaged user inboxes which use Microsoft Exchange Server

In a statement, Microsoft cyber security experts along with cyber security experts from outside of the company said, a cyberespionage group from China has been remotely plundering email inboxes using 0-day exploits in Microsoft mail server software. In a blog post Microsoft said, the cyber-espionage group dubbed as HAFNIUM, a state-sponsored entity operating out of…

Brazil backs U.S.-led global alliance for Huawei-free 5G Network

In a significant development, the Brazilian government said it has backed Washington’s push to build a global alliance of Clean Network that excludes technology companies that are manipulated by governments including China’s Communist regime. The development came in the wake of Keith Krach, U.S. Under secretary of state for economic growth, energy and environment, advising…

Sweden bans China’s Huawei and ZTE from 5G network

On Tuesday, in a significant development, Swedish regulators have banned China’s Huawei and ZTE from developing its 5G network ahead of the launch of its spectrum auction, scheduled for next month. The decision by the Swedish Post and Telecom Authority (PTS) follows assessments by the by the Swedish Armed Forces and security service. Following widespread concerns,…

Intel sells its NAND chip business to South Korea’s SK Hynix for $9 billion

In a significant development, Intel Corp has agreed to sell its NAND memory chip business to South Korea’s SK Hynix Inc for $9 billion. The all-cash deal will propel the South Korean chipmaker to the second spot in global rankings. The development marks Intel’s efforts to divest its non-core businesse and move away from the volatile commodity…

Huawei’s mobile equipment gradually being replaced with Nokia equivalent in EU

According to two sources close to the matter at hand, telecom operators Orange Belgium and Proximus plan on replacing Huawei’s mobile equipment in Belgium and Luxembourg with Nokia equivalent. The development comes with growing recognition of U.S. accusations that Huawei’s telecom gear could be used for economic and military espionage purposes by Beijing. Both Nokia…