Business
In the Q3 of 2020, the Chinese Smartphone Market dropped by 14.3%
The smartphone market in China has witnessed a huge drop of 14.3 %. This happened in the third quarter of the year 2020. This was equal to 84.8 million units of shipment according to the report by IDC. The country has faced soft demand for the past months. Consequently, there have been constraints in supply […]
Western Digital Plans to increase Malaysian investment by $555 Million
Western Digital, one of the globally leading and renowned brands for data storage has mentioned its decision to increase the company’s investments in the country of Malaysia by a whopping amount of 2.3 billion ringgit or $554.6 million. This major decision was undertaken to leverage the manufacturing capability and production of the hard disc drives. […]
Brazil’s Telefonica sells Cybersecurity Firm for $20 Million
Telefonica Brasil SA is one of Brazil’s largest telecom services provider. As per the filing on November 4, 2020, the entire stake was sold to Telefonica Cybersecurity Tech. Telefonica SA of Spain is the indirect controller of Telefonica Cybersecurity Tech. Telefonica Ciberseguranca e Tecnologia do Brasil was sold for $20.27 million (116.4 million BRL). This […]
Paytm partners with MARG ERP for MSME Transactions
The country’s largest payment gateway service Paytm has entered into a partnership with MARG ERP to facilitate easier MSME transactions. This will be done with Margpay – the payment solution of MARG ERP. This partnership also encompasses Paytm Payments Bank Ltd. MargPay is an effective innovative payment solution for MSMEs to reconcile their payments cost-effectively […]
UPI Transactions have crossed 2 Billion per Month
UPI (Unified Payments Interface) is an open-architecture digital payment option that has been around the past four years and was developed by Indian banks. In October 2020, the number of UPI transactions was over 2 billion a month. These transactions were valued at nearly Rs. 3.3 lakh crores. Last time around the same time, UPI […]
Global Tablet Shipments increased 24.9% in the 3rd Quarter of 2020
The sector of medicinal tablet shipments has witnessed strong growth in recent times. With the huge expansion in the global market, statistics mention that it grew by 24.9% in the third fiscal quarter for the year 2020. This was a huge revelation in the reports made after the study conducted by IDC. While the Coronavirus […]
Iliad wins EU antitrust for $4 billion Polish telecoms
The EU antitrust commission gave a nod to Iliad to expand its wireless network, services, and infrastructure in Poland. This move would also speed up the 4G and 5G network rollouts. The EU antitrust commission has given regulatory permission to allow the Iliad Group to take over Play, Poland’s leading mobile operator. Iliad, the French […]
Ant Group raises $34.4 billion in the world’s biggest public offering
The IPO is offered by Fintech Giant Ant Group is slated to exceed the biggest IPO to date that of Aramco. The Aramco Group raised $29 billion in 2019. Ant Group co-founder Jack Ma said that this IPO from Ant Group will be raising nearly $34.5 billion when offered in Hong Kong and Shanghai. Each […]
Siemens dispatches Neighborhood Electricity Trading
As a section of the pebbles research adventure, Siemens, the commonplace application Allgäuer Überlandwerk (AÜW) and their enterprise assistants are growing a local pressure marketplace the usage of blockchain advancement. The stage might be utilized within the town of Wildpoldsried in the Bavarian Allgäu location of Germany. As of now, for the duration of the […]