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Samsung likely to expand 5G presence in Europe to fill Huawei gap
Apr 21, 2021, 08:48 am
Source: Samsung Electronics Newsroom
AsiaToday reporter Park Ji-eun
Samsung Electronics’ 5G network equipment market share is expected to expand in the European market as Germany, the gateway to the European technology market, plans to limit Chinese tech giant Huawei’s 5G network equipment. Attention is focused on whether Samsung Electronics will expand its presence in the European 5G network equipment market.
According to the Brussels branch of the Korea International Trade Association on Tuesday, Germany’s two major parties – Christian Democratic Union of Germany (CDU) and Social Democratic Party of Germany (SPD) – recently agreed to expand restrictions on the use of communications equipment produced by untrusted suppliers, such as Huawei.
South Korean mobile operator LG Uplus is turning to network partner Nokia to help accelerate the expansion of its 5G network throughout the country amid a growing clamor by users for better coverage.
The Finnish vendor said the market s third-largest player is to install 5G small cells in order to improve indoor and outdoor connectivity.
Nokia explained that the small cell AirScale Indoor (ASiR) systems are to be installed in a range of indoor locations including shopping malls and office buildings.
Small packages: Nokia s small cell technology will help improve 5G in indoor areas like malls.
Notably, the new 5G contract follows Nokia s announcement in March that LG Uplus is trialing its technology to support 5G network slices. The operator also uses 5G equipment from Ericsson, Huawei and Samsung.
S Korean mobile carriers tipped for robust Q1 earnings
By IANS |
Published on
Sun, Apr 11 2021 19:33 IST |
23 Views
Seoul, April 11 : South Korean wireless carriers are estimated to have logged robust earnings in the first quarter on the back of sharp growth in 5G users and their non-telecom businesses, a poll showed on Sunday.
The combined operating profits of the country s three major mobile carriers SK Telecom Co., KT Corp. and LG Uplus Corp. are expected to have reached 966.5 billion won ($863.3 million) in the January-March period, up 6.8 per cent from the previous year, according to the poll on six local brokerage houses by Yonhap Infomax, the financial arm of Yonhap News Agency.
Mobile carriers in S. Korea tipped for robust Q1 earnings
By IANS |
Published on
Sun, Apr 11 2021 19:42 IST |
5 Views
SK Telecom forms partnerships for flying car development(Yonhap/IANS). Image Source: IANS News
Seoul, April 11 : South Korean wireless carriers are estimated to have logged robust earnings in the first quarter on the back of sharp growth in 5G users and their non-telecom businesses, a poll showed on Sunday.
The combined operating profits of the country s three major mobile carriers SK Telecom Co., KT Corp. and LG Uplus Corp. are expected to have reached $863.3 million in the January-March period, up 6.8 per cent from the previous year, according to the poll on six local brokerage houses by Yonhap Infomax, the financial arm of Yonhap News Agency.