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Qualcomm pays EUR 1.3 bln bond to enforce Apple sales ban in Germany
2019-01-03 16:07:00| Telecompaper Headlines
(Telecompaper) Qualcomm announced that it has posted EUR 1.34 billion in bonds in Germany in order to enforce a court order against sales of Apple devices in the country. The court ordered Apple in December to cease the sale and import of certain iPhones found to be infringing Qualcomm's patents for power-saving technology. The court also ordered Apple to recall infringing iPhones from third-party resellers in Germany.
Huawei revenues to rise 21% this year to USD 109 bln
2018-12-27 15:03:00| Telecompaper Headlines
(Telecompaper) Huawei rotating chairman Guo Ping expects the company's revenues to grow 21 percent to USD 109 billion this year. The chairman made the statement as part of the company's new year's address to employees. Smartphone shipments are forecast to pass 200 million units.
Google to establish new USD 1 bln office NYC
2018-12-17 15:14:00| Telecompaper Headlines
(Telecompaper) Google plans to put over USD 1 billion into a new campus in New York City, at Google Hudson Square. The office will have the capacity to more than double the number of Google employees in New York over the next 10 years. Google set up offices in the city almost 20 years ago and now has more than 7,000 employees working in Search, Ads, Maps, YouTube, Cloud, Technical Infrastructure, Sales, Partnerships and Research. The news follows recent announcements by Amazon that it will establish new co-headquarters in New York City and Arlington, Virginia. Apple said it will be expanding its operations into more cities over the next three years, including in New Yor
Tags: office
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Releasing mmWave 5G spectrum could raise USD 565 bln - GSMA
2018-12-12 10:17:00| Telecompaper Headlines
(Telecompaper) Releasing ultra-short-wave mobile spectrum could add USD 565 billion to global GDP and USD 152 billion in tax revenue from 2020 to 2034, according to a study conducted by TMG for mobile industry association GSMA. The move would also improve access to healthcare, education and mobility whilst reducing pollution and increasing safety, said the report, adding that such outcomes rely on government support for the identification of sufficient millimetre wave (mmWave) spectrum for the mobile industry at the next ITU World Radiocommunication Conference in 2019 (WRC-19).
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Tencent Music prices IPO at low end of range, raising USD 1.1 bln
2018-12-12 08:36:00| Telecompaper Headlines
(Telecompaper) Tencent Music has priced its initial public offering of shares at USD 13 per ADS, the low end of its indicated range. This results in gross proceeds of USD 1.066 billion from the sale of 82 million ADS in the IPO, excluding any greenshoe option.
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