Japan Display aims to clinch $468 million in funding by the end of this month

Japan Display’s bailout plan got slightly derailed following the withdrawal of Harvest Group, a Chinese investment firm from the bailout consortium. Following a sudden withdrawal of a Chinese investor group from its bailout plan, Japan Display Inc, an Apple Inc supplier stated, it aims to clinch a deal for least $468 million (50 billion yen)…

Launch of Huawei’s 5G compatible flagship Mate 30 smartphone clouded by lack of Android as its OS

In recent years, Huawei has shot up surprising fast into the global smartphone business. A U.S. ban citing theft of intellectual property and being a threat to U.S. national security has however crippled its sales outside China. On September 18 Huawei Technologies plans to launch its new Mate 30 line of smartphones in Munich, said…

Apple negotiating acquisition of Intel’s 5G modem business

Intel’s earlier announcement of its exit from the 5G modem chip business, following settling a long standing dispute with Qualcomm, presents an opportunity for Apple. A potential deal with Intel is likely to squeeze Qualcomm since it is a key supplier of modem chips for Apple’s iPhones. Apple Inc aims to acquire Intel Corp’s smartphone-modem…

Vodafone launches limited 5G services in 20 German cities and towns

Vodafone is following a dual vendor strategy for its 5G networks; given its security concerns consumer data could probably be at stake especially if it is routed through Chinese servers. On Tuesday, Vodafone stated it was launching 5G services in Germany. The development sees Vodafone offering cheaper deals than industry leader Deutsche Telekom; its services…