Taiwan Mobile Co (台灣大哥大) is deepening its partnership with SK Telecom Co in an effort to outpace rivals in rolling out 5G services in the third quarter this year.
The nation’s second-biggest telecom operator yesterday inked a memorandum of understanding with the South Korean company, which would see the two companies integrate their 5G technologies and resources to develop new broadband applications for enterprise clients.
Their collaboration would focus on 5G network deployment, upgrading Internet efficiency and technology transfer, Taiwan Mobile said.
“As South Korea is the first country in the world to roll out 5G services, it has accumulated the largest number of 5G users. We hope to leverage SK’s leadership in South Korea to build up our 5G network fast, develop 5G applications and promote the user experience in Taiwan,” Taiwan Mobile chief technology officer Tom Koh (郭宇泰) said in a statement.
The two companies have collaborated on 3G and 4G network deployment and upgrades since 2013.
Taiwan Mobile last week secured 60 megahertz (MHz) of 5G bandwidth in the 3.5 gigahertz (GHz) band, the smallest among the nation’s big three telecom operators, along with 200MHz in the 28GHz band for a total cost of NT$30.66 billion (US$1.01 billion).
The firm plans to double its capital spending this year to NT$14.47 billion, mainly for 5G equipment deployment, it said in a regulatory filing on Friday.
Taiwan Mobile forecast that net profit would slump 27 percent to NT$9.47 billion this year from NT$12.97 billion last year, due to rising operating expenses and costs, while revenue is predicted to grow 8.1 percent to NT$134.53 billion from NT$124.42 billion last year, the filing showed.
Separately, Chunghwa Telecom Co (中華電信) has spent NT$7.39 billion on purchasing 5G equipment from Nokia Solutions & Networks Oy and Ericsson AB this year, it said on Friday.
The firm plans to allocate NT$30.7 billion for capital spending this year, it said.
Taiwan Transport and Storage Corp (TTS, 台灣通運倉儲) yesterday unveiled its first electric tractor unit — manufactured by Volvo Trucks — in a ceremony in Taipei, and said the unit would soon be used to transport cement produced by Taiwan Cement Corp (TCC, 台灣水泥). Both TTS and TCC belong to TCC International Holdings Ltd (台泥國際集團). With the electric tractor unit, the Taipei-based cement firm would become the first in Taiwan to use electric vehicles to transport construction materials. TTS chairman Koo Kung-yi (辜公怡), Volvo Trucks vice president of sales and marketing Johan Selven, TCC president Roman Cheng (程耀輝) and Taikoo Motors Group
Among the rows of vibrators, rubber torsos and leather harnesses at a Chinese sex toys exhibition in Shanghai this weekend, the beginnings of an artificial intelligence (AI)-driven shift in the industry quietly pulsed. China manufactures about 70 percent of the world’s sex toys, most of it the “hardware” on display at the fair — whether that be technicolor tentacled dildos or hyper-realistic personalized silicone dolls. Yet smart toys have been rising in popularity for some time. Many major European and US brands already offer tech-enhanced products that can enable long-distance love, monitor well-being and even bring people one step closer to
RECORD-BREAKING: TSMC’s net profit last quarter beat market expectations by expanding 8.9% and it was the best first-quarter profit in the chipmaker’s history Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), which counts Nvidia Corp as a key customer, yesterday said that artificial intelligence (AI) server chip revenue is set to more than double this year from last year amid rising demand. The chipmaker expects the growth momentum to continue in the next five years with an annual compound growth rate of 50 percent, TSMC chief executive officer C.C. Wei (魏哲家) told investors yesterday. By 2028, AI chips’ contribution to revenue would climb to about 20 percent from a percentage in the low teens, Wei said. “Almost all the AI innovators are working with TSMC to address the
Malaysia’s leader yesterday announced plans to build a massive semiconductor design park, aiming to boost the Southeast Asian nation’s role in the global chip industry. A prominent player in the semiconductor industry for decades, Malaysia accounts for an estimated 13 percent of global back-end manufacturing, according to German tech giant Bosch. Now it wants to go beyond production and emerge as a chip design powerhouse too, Malaysian Prime Minister Anwar Ibrahim said. “I am pleased to announce the largest IC (integrated circuit) Design Park in Southeast Asia, that will house world-class anchor tenants and collaborate with global companies such as Arm [Holdings PLC],”