Hyundai Motor Group (Seoul, South Korea) has signed an agreement with Vodafone Global Enterprise, the business within Vodafone (London) which manages the communications needs of its largest customers, to explore business opportunities in telematics services in Europe. The initial agreement, which was signed last week, is designed to boost Hyundai’s competitiveness in vehicle IT systems and reach out to a wider customer base in Europe.
Korea Electric Power Corp. (Seoul), South Korea's number 1 electricity producer, has announced it plans to invest $1.8 billion (2 trillion won) over the next five years in a smart grid. The project is part of a larger government initiative to reduce carbon emission. The South Korean government has previously mentioned that state and private spending on smart grid infrastructure could reach nearly $21 billion by 2030.
SMi’s Smart Grid Cyber Security Asia has been launched off the success of the European Smart Grid Cyber Security Forum in London. This event will bring together international security specialists, high profile Utilities & leaders in the technology world for an in depth discussion to share insight & bolster international collaboration.
IDTechEx (Cambridge, MA, USA), an M2M-sector analyst firm, has released their "Printed and Chipless RFID Forecasts, Technologies & Players 2011-2021" report, which predicts a spike in this market to $3.93 billion by 2019.
SMi’s first annual MilSatCom Asia conference and exhibition will be held in Singapore on the 23rd and 24th May 2011. With Asia being one of the most dynamic and thriving markets for satellite communications in the world, MilSatCom Asia 2011 is the ideal place for delegates to keep up-to-date with issues affecting the Milsatcom industry across Asia.
Chinese telecom equipment makers have their sights set on the United States, a massive market that has so far been largely off limits to them because of fears over the security of key national infrastructure.
Huawei (Shenzhen, China), the world's number three seller of network gear, and ZTE (Shenzhen), number five, both told Reuters in interviews at the Mobile World Congress in Barcelona that they wanted to crack the United States.
The Wholesale Applications Community (WAC), a common pool of apps designed to run on multiple operating systems, handsets, and networks, now boasts a membership of 68 carriers including IBM, Vodafone, AT&T, Ericsson, Huawei, Oracle, and SAP. The unified group is an open alternative to Google and Apple app stores, and support is exploding this week at Mobile World Congress in Barcelona.
SPIRIT DSP (Moscow), a voice and video over IP provider, has announced that Huawei Technologies (Shenzhen, China), the world's second-largest telecommunications equipment provider, has extended its license with SPIRIT DSP for HD voice and video to carriers.
Under terms of the agreement, Huawei, a SPIRIT customer since 2007, will use SPIRIT's TeamSpirit Voice&Video Engine PC in its IP Multimedia Subsystem, Unified Communications, and Fixed Mobile Convergence solutions to carriers from the Huawei core network, delivering a PC video softphone to Huawei's carrier customers.
KT Corp, South Korea's No.2 mobile carrier, said on Thursday that it plans to become the top shareholder of credit card processing firm BC Card, betting on mobile payment services to generate new revenue.
KT (Seoul) said in a statement that its board had approved its planned purchase of a combined 33.85 percent stake in BC Card from Woori Bank and Shinhan Card.
The Indian Central Bureau of Investigation (CBI) has arrested former Telecoms Minister Andimuthu Raja over a massive graft scam, officials said, a huge blow for Prime Minister Manmohan Singh and efforts to pass bills in the parliamentary budget session. Raja belongs to a parliamentary ally of the ruling Congress party and his arrest may spark tension between coalition partners and galvanise an opposition that has blocked parliament since November to protest the scandal over mobile phone licences.