Chip manufacturer Intel revealed plans to invest US$1.2 billion into its Costa Rican business over the next two years, to fuel development in next-generation technologies.
Analyst company Canalys reported smartphone shipments in Southeast Asia fell 15% year-on-year in Q2 to 20.9 million units, the lowest total since 2014, macroeconomic conditions continue to dampen consumer confidence.
Financial Software & Systems Pvt Ltd (FSS), a provider of payments technology solutions headquartered in India, has announced the launch of BLAZE, an advanced payments technology platform designed to meet the diverse needs of banks and financial institutions.
Airtel Payments Bank, Frontier Markets and the Mastercard Centre for Inclusive Growth have announced the launch of She Leads Bharat:Udyam, an initiative to elevate 100,000 Indian women-owned small businesses with resources, tools and opportunities to grow and diversify their incomes.
Analyst company Canalys reported smartphone shipments in the Middle East saw 2% year-on-year growth in Q2, against the backdrop of overall shipments declining globally by 10%.
Cloudera, a data company with a focus on enterprise AI, has announced a collaboration with a leading Indian fintech platform, PhonePe.
Viettel Group, Vietnam’s largest telecommunications group, which boasts a growing international footprint, has selected the MX960 Universal Routing Platform from Juniper Networks, a provider of secure, AI-driven networks, for its network refresh.
Petronas Digital, the digital arm of Petronas, a Malaysian global energy group with a presence in over 100 countries, has entered into a strategic collaboration with Microsoft and Cegal, a global tech company specializing in energy and security, to accelerate digital innovation for the upstream value chain.
Chinese smartphone vendor Honor will launch manufacturing in India as part of plans to relaunch in one of the world’s largest smartphone markets and aims to capture 5% of market share by volume in 2024.
Apple manufacturer partner Foxconn has reportedly begun production of the iPhone 15 in a factory in Southern India, as the semiconductor giant continues to pivot away from its reliance on Chinese manufacturing.
Global smartphone shipments are predicted to dip 6% to 1.15 billion units by the end of 2023, the lowest in a decade as economies continue to see macroeconomic headwinds cut consumer spending.
Apple supplier Foxconn is reportedly in motion to increase investment to over US$1.2 billion in India, by pumping US$500 million into two new factories, a move to further divest away from China, reported Bloomberg.
As the number of Indian cities covered by 5G grows, India's 5G smartphone user base has passed the 100 million mark and monthly sales have overtaken those of 4G smartphones for the first time, according to recent research.
MTN Rwanda has partnered with data-driven platform Bboxx in a bid to increase smartphone access across Rwanda, accelerating the country’s digital agenda.
Chinese companies have taken the majority of the Russian smartphone market after Western vendors departed the country for humanitarian reasons stemming from the invasion of Ukraine.
Google is reportedly searching for suppliers in India to build its Pixel smartphone range as the US company pivots away from manufacturing in China.
International voice and messaging specialist VOX Solutions has been appointed as the exclusive gateway for international application-to-person (A2P) short message service (SMS) traffic delivery into the Telekom Networks Malawi (TNM) network.
Mitsumi Distribution has expanded its distribution partnership with Dell Technologies in the French speaking countries of West Africa.
Samsung Electronics Egypt, a local division of the multinational company, has indicated that it has plans to establish a new mobile phone factory on an area of 6,000 square metres in Beni Suef, according to a recent statement by Egypt’s Ministry of Communications and Information Technology.
South Africa's MultiChoice Group, usually best-known for video entertainment provision, has announced a joint venture, along with fintech company Rapyd and investor General Catalyst, aimed at developing an integrated payment platform for Africa. The joint venture will operate as a new company, called Moment.
Smartphone shipments in Thailand and the Philippines continue to slide as South East Asian economies continue to grapple with macroeconomic pressure.
Leading Kenyan operator Safaricom is reportedly unsure that Kenyan plans to assemble a $40 smartphone in-country can work. The issue, it argues, is taxes.
The Latin American smartphone market declined by 10% year-on-year in Q1 2023 to 28 million units, a fifth consecutive quarter of decline for the region but a rebound is predicted for H2, according to analyst company Canalys.
A Kenyan government official has promised that the country will unveil its first locally made – and affordable – smartphones in the next two months in an attempt to increase the penetration of internet-enabled mobile phones in the country.
Further evidence of the innovation the Internet of Things (IoT) can enable comes from elevator and escalator manufacturing, installation and service company Otis Worldwide Corporation, which has announced the launch of its new Otis ONE IoT service platform in the Middle East.
Smartphone sales in India are down to their lowest level since 2019, despite the pandemic underlining the importance of connectivity in society. However, while the overall volume of shipments may have dropped, the devices in demand are increasingly more expensive high-end models.
Tomorrow will see a potentially significant development for the Sierra Leonean economy as the Bank of Sierra Leone officially launches the National Payment Switch, a system that, it is hoped, will move the country closer to achieving the objective of building a cashless economy.
Analyst firm Canalys reported smartphone shipments in China saw an 11% year-on-year decline in Q1 2023 to 67.6 million units, a fifth consecutive quarter of decline for the Chinese market, as it continues to recover from Covid-19 restrictions.
Apple sales in India surged to hit almost US$6 billion in the year through March according to sources speaking to Bloomberg.
Apple officially revealed it will open its first retail stores in India this month, marking a significant expansion in India as the company seeks growth and refocus manufacturing in the South Asian nation.
Apple revealed a first look at its first retail store in India which will be located in the city of Mumbai, and sourced claimed it will be open in April, reported Reuters.
The Thai smartphone market declined by 21% at the end of 2022 with 16.6 million devices shipped in the whole year, due to macroeconomic pressures and the lack of government stimulus packages.
India’s IT and electronics minister Rajeev Chandrasekhar denied the government is planning to force smartphone makers to enable users to uninstall bloatware apps, and enforce mandatory checks, describing the story broke by Reuters as “plain wrong”.
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