HARMAN to Acquire Towersec Automotive Cyber Security

Provides real-time, embedded software security to protect vehicles from hacking and intrusions

CES 2016

LAS VEGAS--(BUSINESS WIRE)--HARMAN (NYSE:HAR), the premier connected technologies company for automotive, consumer and enterprise markets, today announced it is acquiring TowerSec, a global automotive cyber security company specializing in network protection for connected vehicles. TowerSec’s technology will be integrated into HARMAN’s 5+1 security architecture aimed at protecting the critical points of vulnerability in the connected and autonomous car, including hardware, network and Over The Air (OTA) updates.

Huawei Ships 108 Million Smartphones in 2015, Annual Revenue Exceeds $20B

In 2016, working with automaker GM, Volkswagen and PSA Peugeot Citroen, and enters smart home market

CES 2016

LAS VEGAS--(BUSINESS WIRE)--Today at CES 2016, Huawei announced strong business results and rapid year-over-year growth for Consumer Business Group (CBG). Huawei’s revenue exceeded $20 billion USD in 2015, nearly a 70 percent increase from 2014. Additionally, Huawei shipped 108 million smartphones in 2015 – a 44 percent increase from the previous year – becoming the leading Chinese smartphone manufacturer to top the 108 million milestone.

Huawei experiences growth in global markets while becoming the top smartphone brand in China

How a Boston private equity firm became a major fiber and data center player

A conversation with Gillis S. Cashman, managing partner, M/C Partners

Background

M/C Partners is a Boston-based communications-focused private equity firm, originally the media/communications arm of TA Associates and spun out in the mid-80s. The firm was an early investor in Western Wireless, Nextel, and a host of smaller wireless companies across the country. Its most recent big wireless deal helped to fund the initial build out of MetroPCS in 2001-2002.

Ericsson signs patent deal with Apple, shares soar

Broad agreement covers the latest 4G-LTE technology, as well as 2G and 3G, looks toward 5G

Reuters

STOCKHOLM (Reuters) - Swedish mobile telecom gear maker Ericsson said it had signed a patent license deal with Apple Inc over technology that helps smartphones and tablets connect to mobile networks, sending its shares up much as 8 percent.

The deal ends a year-long dispute with Apple, one of the biggest legal battles in mobile technology and Ericson said it would pave the way for cooperation between the companies on future technologies.

BlackBerry results trounce expectations on software; shares rally

Better-than-expected results were driven by a sharp jump in software and patent licensing revenues

Reuters

TORONTO (Reuters) - BlackBerry's pivot to software began to show traction on Friday, after the company reported a smaller quarterly loss and its first quarter-to-quarter revenue increase in over two years, sending its stock soaring 13 percent.

Significantly, gains in software revenue more than offset a steepening decline in legacy system access fees for the first time, and the Waterloo, Ontario-based company said this trend should continue.

Telus shares sunk by rival Shaw's move on Wind

Deal would enable Shaw to bundle Internet, TV and landline with an established wireless product

Reuters

TORONTO (Reuters) - Cable company Shaw Communications Inc gutpunched its main telecom rival with a surprise offer to buy wireless operator Wind Mobile, sinking shares in Telus Corp on Thursday amid competition fears.

Telus fell to its lowest since early 2014 as analysts cheered Shaw's move, which if completed, would give Wind more financial heft to expand its network and provides Shaw with an established wireless product to bundle with its Internet, television and landline services.

EU accuses Qualcomm of using market power to hinder rivals

Competition enforcer said Qualcomm might have illegally paid a major customer for exclusively using its chipsets

Reuters

BRUSSELS (Reuters) - European Union antitrust regulators charged Qualcomm on Tuesday with abusing its market power to thwart rivals, putting the world's number one mobile chipset maker at risk of a hefty fine.

The accusations by the European Commission are the latest antitrust problems for the company as regulators in the United States, China, Japan and South Korea look into its licensing model and its dominant patents in mobile networks and devices.

Samsung Electronics names new smartphone head as heir apparent makes mark

Former cash-cow battles to reverse a slide in its market share to rivals like Apple, Huawei, and Xiaomi

Reuters

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd's long-time handset division chief is ceding day-to-day management of the struggling smartphone business in the biggest leadership change yet under the Samsung conglomerate's heir-apparent, Jay Y. Lee.

Samsung Group said 54-year-old Dongjin Koh will take over as president of the mobile communications business from 59-year-old J.K. Shin, who will remain head of the overall mobile division for Samsung Electronics and focus on long-term strategy and developing new growth businesses.

Nokia remains bullish about Africa business despite economic slowdown

A growing wave of consolidation in the sector is forcing mobile operators to step up investment

Reuters

CAPE TOWN (Reuters) - Finnish network equipment maker Nokia remains upbeat about its growth prospects in Africa despite a slowdown in many of the continent's fastest-growing economies, a senior company executive said on Thursday.

Nokia, which sold its once-dominant mobile handset business to Microsoft in 2014, deals in Africa mostly with telecommunications operators and governments, both of which have been hit by weaker currencies and slower economic growth.

Cisco second-quarter forecast misses on order slowdown

Shifting focus to enterprise and wireless security businesses to counter lower spending by telecom carriers

Reuters

(Reuters) - Network equipment maker Cisco Systems Inc's forecast adjusted profit and revenue growth for the second quarter below analysts' estimates, citing a slowdown in order growth and weakness in its enterprise business outside the United States.

Shares of Cisco, considered a bellwether for the performance of the broader network gear industry, fell 5 percent to $26.41 in extended trading on Thursday.

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