NASDAQ — Infosys Limited has joined forces with U.S.-based conglomerate General Electric Company and other members of the Industrial Internet Consortium (“IIC”) to develop innovative Internet of Things (“IoT”) offerings. Through this alliance with its peers, Infosys intends to consolidate its position in the global cloud market.
The Star — SEOUL: Kakao Corp, the operator of South Korea’s largest mobile messaging app, said Tencent Holdings Ltd and eBay Inc have joined its bid for a new South Korean Internet bank license. Tencent and eBay will make their investments through subsidiaries, which are expected to take stakes of 4% or less in the bank should a license be gained, a Kakao spokesman said. He declined to comment on financial terms.
Telecom TV — Europe and Asia show no signs of complacency in the race towards 5G, with politicians in both regions anxious to collaborate rather than compete – at least for now. North America needs to wake up and get more involved at the Presidential level. Following similar agreements with South Korea last year and Japan in May, the European Union has now signed a key partnership with China.
Business Cloud News — Telefónica and China Unicom have agreed to share their international data centre capacity for multinational clients across Europe, The Americas and Asia. The initial agreement covers three major data centres from each operator but, the companies say, this could be the first step towards larger scale cloud cooperation.
Enterprise Tech — Cisco Systems continues to expand its considerable presence in China despite growing friction between U.S. high-tech companies and the government of Chinese President Xi Jinping. On the eve of President Xi’s visit to the U.S., Cisco CEO Chuck Robbins provided more details about a joint venture with Chinese cloud computing and datacenter company Inspur Group. The Chinese server maker is the primary vendor behind the Tianhe-2, the world’s fastest supercomputer.
The Register — Cisco has revealed the first concrete outcome of its new China strategy, inking a deal with the server maker best known for helping build the Tianhe-2 supercomputer. The Borg has long complained that China has been getting in the way of growth. Most recently, the company sent the broom through its executive suites before announcing a US$10 billion plan to revitalise the region.
Converge Digest — Ericsson and SK Telecom have signed agreed to collaborate on the development of a 5G core network that deploys network slicing technology. The idea behind slicing is to use logical instead of physical resources to provide networks on an as-a-service basis. The instantiation of the network slicing will use the Ericsson Virtual Evolved Packet Core solution.
Telecom Asia — KT and Nokia Networks have launched the first IoT lab in South Korea after entering a collaboration earlier this year. The laboratory will conduct interworking and verification testing of emerging IoT technologies over Nokia Networks’ LTE infrastructure. It will provide IoT-related technical support and knowledge to small and medium-sized Korean companies seeking to enter global markets.
Business Wire — PARIS & NEW DELHI: Orange Business Services today announced that it has entered into an agreement with Tata Communications to expand its network footprint in India. The Network-to-Network Interconnect (NNI) agreement is part of a strategic partnership between the two companies and will increase Orange domestic coverage ten-fold to over 120 cities to meet customer demand.
Times of India — BENGALURU/MUMBAI: Foxconn plans to partner with the Adani Group to set up at least four electronics manufacturing facilities in India, sources told TOI. Top executives of Foxconn, the Taiwanese company best known for making Apple devices, are said to have visited Karnataka, Maharashtra, Andhra Pradesh and Gujarat earlier this month to look at possible locations for the facilities.
eWeek — Data center services provider Equinix will soon be doing a lot of business in the Far East, and its new partner, Alibaba’s Aliyun, will be doing the same in the U.S.The company signed an agreement earlier this month with Aliyun, the Alibaba Group Holding Limited’s cloud computing division, to provide direct access to Aliyun’s cloud platform via the Equinix Cloud Exchange in both Hong Kong and in Northern California.
Digi Times — Semiconductor Manufacturing International (SMIC), China’s top foundry chipmaker, has announced plans to form a joint venture with Huawei, Qualcomm, and nano-electronics research institute Imec. The JV company, dubbed SMIC Advanced Technology Research & Development (Shanghai), will focus on R&D to build advanced CMOS technologies and establish China’s home-grown 14nm and beyond process technologies.
NEW DELHI: Japan-based telecom and Internet major SoftBank Corp and Taiwan-based Foxconn Technology Group are in talks to form a joint venture for electronics manufacturing in India, as Prime Minister Narendra Modi’s ‘Make-in-India’ push helps the country to become an attractive alternative to China as a manufacturing base. Foxconn, the world’s largest contract electronics manufacturer and maker of the iconic iPhones, will lead the new joint venture while SoftBank will support the former for the same, Masayoshi Son, Chairman & CEO of SoftBank told ET.
State-run telecommunications company PT Telekomunikasi Indonesia (Telkom) is planning a joint venture with Singapore Telecommunications Ltd. (Singtel) to work on information and technology (IT) applications for the city state’s market. Indra Utoyo, Telkom innovation and strategic portfolio director, said his company, through its subsidiary PT Sigma Cipta Caraka (telkomsigma), would form a joint venture with SingTel’s subsidiary National Computer Systems Pte. Ltd. (NCS) to operate as an application provider.
Foxconn Electronics will team up with Japan-based Softbank to form a joint venture for manufacturing robot products, according to Japan-based Nikkei Asian Review. Foxconn and Softbank have been cooperating on the production of robots since June 2014, and Foxconn has rolled out a bunch of ‘Pepper’ robots developed by Softbank’s subsidiary, Aldebaran, said the report.
NEW DELHI: Taiwanese electronics maker Foxconn Technology Group is scouting for the best deals in the Indian startup market — with help from two of India’s top entrepreneurs Kunal Bahl and Rohit Bansal — joining a growing list of global corporations looking for a share of the action in one of the world’s most dynamic startup hubs. Over a dozen Indian startups met Wen-Hsin (Vincent) Tong, chairman and director of investments at FIH Mobile Limited, an investment arm of Foxconn, at the New Delhi office of Snapdeal last weekend, according to two people with direct knowledge of the initiative.
Vodafone and Huawei have signed a memorandum of understanding to say that they are going to work on fixed and mobile connectivity bonding technology for new products, amongst other enterprise-friendly things. Those things also include working on better in-building coverage solutions, the development of new machine-to-machine module designs, and developing solutions regarding Safe City, Internet of Things, and cloud data centres.
Singaporean government-linked corporations are notable for their investments and dealings abroad, as well as their portfolio management methods, which are held up as models for state-owned enterprises. State-owned Temasek Holdings, for instance is often noted has been the subject of an NUS-CIMA study. Meanwhile, GIC has been the subject of much research often focused on sovereign wealth funds. Singtel has joined a network of partnerships led by Intel and Alibaba Group, while GIC is sourcing for more investment opportunities in West Bengal. In the energy sector, the Singapore-listed Ezra Group has secured contracts worth $115 million.
Intel announced five new Internet of Things (IoT) pilot projects and developments with its Taiwanese partners Wednesday, showing momentum for IoT adoption for what it describes as a “transformation of business and better life experience.” The world’s largest chip maker hosted an IoT-themed press conference at the ongoing Computex Taipei trade show to announce the results and future expansion plans to make IoT — the concept of connecting household devices to the internet — a reality in Asia and elsewhere in the world.
Stressing the need for Indian language content on the Internet, Google’s India MD, Rajan Anandan has today announced the Indian Language Internet Alliance. Anandan also said that Google aims to get 500 million internet users in India by 2017. In an effort to promote local language content on the internet, Google also announced its Hindi Voice Search. It also launched the website hindiWeb.com, which shall offer curated content in Hindi.