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(Bloomberg) -- The global chip shortage is going from bad to worse with automakers on three continents joining tech giants Apple Inc. and Samsung Electronics Co. in flagging production cuts and lost revenue from the crisis.
STOCKHOLM (Reuters) -Sweden's Ericsson on Wednesday reported first-quarter core earnings above market estimates as strong 5G equipment sales offset a loss of royalty income due to a patent fight with Samsung Electronics.
STOCKHOLM (Reuters) - Verizon Communications Inc, one of the largest U.S. telecom companies, said on Thursday it will launch 5G internet for businesses in 21 U.S. cities this month, expanding its presence from Chicago, Houston and Los Angeles.
(Reuters) - Semiconductor firm Xilinx Inc and telecommunications software firm Mavenir Inc said on Tuesday they have partnered to boost cellphone tower capacity for an emerging category of open 5G networks.
The two conferences traditionally draw thousands of developers eager to see new products and features related to Android and iOS.
South Korea's LG becomes first major smartphone brand to withdraw from market; a loss-making department for electric giant
South Korea's LG Electronics Inc said on Monday it will wind down its loss-making mobile division - a move that is set to make it the first major smartphone brand to completely withdraw from the market.
SEOUL (Reuters) - South Korea's LG Electronics Inc will wind down its loss-making mobile division after failing to find a buyer, a move that is set to make it the first major smartphone brand to completely withdraw from the market.
STOCKHOLM (Reuters) - Ericsson is opening a lab in Ottawa, Canada, to work with customers and partners on new 5G radio access networks (RAN) technologies, the company said on Wednesday.
HELSINKI (Reuters) - Nokia has signed a five-year deal with AT&T to deploy a 5G network on the mobile operator's C-Band spectrum in parts of the United States, the Finnish company said on Thursday.
STOCKHOLM/HELSINKI (Reuters) - Nokia, which announced thousands of job cuts this week, is forecasting a pick up in profit margins to 10%-13% in 2023 as new Chief Executive Pekka Lundmark charts a course to catch up with rivals in the race to deliver 5G networks.