Sony taps pandemic-driven boom in gaming consoles, to launch PS5 in India on February 2

On Friday, in a statement Sony Corp said it will launch its PlayStation 5 (PS5) console in India in coming weeks; the development marks Sony trying to capitalize the pandemic-driven boom in gaming. “We are happy to announce that PS5 shall be launched in India on 2nd of February 2021,” tweeted Sony. Preorders for the…

Samsung Electronics bags $6.6 Billion Verizon 5G network equipment contract

In a significant development, Samsung Electronics has won a $6.64 billion order to provide wireless communication solutions to Verizon in the United States. The development marks the bagging of a major order by the South Korean company in the burgeoning 5G telecommunications market. The company’s global prospects have risen significantly following U.S. sanctions on Huawei,…

United Airlines Holdings Inc orders 50 nos A321XLR passenger jets from Airbus

United Airlines Holdings Inc announced it has placed an order for 50 A321XLR jets from Airbus SE which will fly between the U.S East Coast and Europe. With this United Airlines has become the latest U.S. airliner to purchase passenger jets from Airbus rather than Boeing. United Airlines aims to replace 53 Boeing 757-200 with…

SoftBank to replace Huawei’s 4G network equipment with Nokia and Ericsson equivalent

SoftBank will also source its 5G network equipment from Nokia and Ericsson rather than from Huawei: Nikkei In a significant development, Japan’s Nikkei has reported without citing sources, SoftBank Group Corp plans on replacing 4G network equipment from China’s Huawei Technologies Co Ltd with equivalent hardware from Nokia and Ericsson. Further, for its 5G network,…