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South Korea Telecom to develop 6G network with Nordic firms
Publication date 18 June 2019 | 16:47 | ICT

SOUTH KOREA’S biggest mobile carrier SK Telecom (SKT) on Sunday said it will develop the sixth-generation (6G) network technology with Nokia and Ericsson, as the Korean government seeks to enhance economic ties with Nordic countries.

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  • Growing Chinese investment in VN: A worry?

    Publication date 18 June 2019 | 16:23 | ICT

    CHINESE companies are accelerating investment in Vietnam – but some local businesses are voicing concerns.

  • Hong Kong stocks rally following extradition law U-turn

    Publication date 18 June 2019 | 16:18 | ICT

    HONG Kong stocks rallied on Monday, leading many Asian markets higher after last week’s losses, with investors cheering a decision by the city to suspend plans to push through a controversial extradition law.

  • Washington plans China tariff tidal wave

    Publication date 18 June 2019 | 15:47 | ICT

    WASHINGTON is planning another tidal wave of tariffs on Chinese imports that represent a worst-case scenario for markets and major industries on both sides of the Pacific.

  • Huawei admits tumbling sales

    Publication date 18 June 2019 | 15:32 | ICT

    HUAWEI’S founder said on Monday the Chinese telecom giant’s overseas smartphone sales have tumbled since the US last month threatened to blacklist the company, and he warned the embattled firm would slash production to weather the US drive to isolate it.

  • Ericsson, Nokia secure key 5G contracts in China

    Publication date 18 June 2019 | 14:40 | ICT

    European telecom equipment makers Ericsson and Nokia obtained key 5G contracts in China on Sunday, a move that analysts said showcases the country's open attitude to all international players when rolling out the superfast technology.

  • Hyundai, Kia invest in US self-driving firm Aurora Innovation

    Publication date 18 June 2019 | 14:42 | ICT

    Hyundai Motor and its sister company Kia Motors on Thursday said they are investing in US self-driving technology company Aurora Innovation to develop and further enhance the autonomous vehicle platform.

  • LG Chem ties up with Geely to break into China’s EV market

    Publication date 18 June 2019 | 14:44 | ICT

    LG Chem announced on Thursday its first joint venture with China’s number one automaker Geely Auto Group for the production of electric vehicle batteries, with a plan to secure a capacity of 10GWh by late 2021.

  • ADB, Mongolia sign deal to develop ecotourism in two national parks

    Publication date 18 June 2019 | 14:45 | ICT

    The Asian Development Bank (ADB) and the Mongolian government on Friday signed a $38 million loan to develop ecotourism in Khuvsgul Lake National Park and Onon-Balj National Park to serve as models for economically inclusive development and conservation in Mongolia.

  • Laos approves new law to safeguard local products

    Publication date 18 June 2019 | 13:46 | ICT

    Laos’ National Assembly (NA) on Friday approved a new law relating to anti-dumping and countervailing duties in order to protect domestic products from unfair imports.

  • China Eastern set for debut in Asia’s budget air travel scene

    Publication date 18 June 2019 | 13:45 | ICT

    AIRASIA Bhd and other regional budget airlines will face a new powerful competitor when China Eastern Airlines Company Ltd, one of the world’s Top 10 airline groups, expands its budget air travel to the Asian region outside China.