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TECH

South Koreans get 5G service in ‘scariest place’ on North Korea border

South Korean mobile carrier KT Corp said on June 27 it launched 5G services in one of the world's most heavily armed border zones separating the two Koreas.

Business

Huawei founder:We will be reborn by 2021

Beijing: Huawei Technologies Co founder Ren Zhengfei expects US sanctions to curtail its revenue by about US$30bil over the coming two years, wiping out the networking giant’s growth by withholding critical American technology.

TECH

Google, Facebook have tight grip on growing US online ad market: report

The US Internet advertising industry is projected to hit US$160bil by 2023 from US$107bil last year, led by fast-growing categories like mobile video with Alphabet Inc's Google and Facebook Inc firmly controlling the market, consultancy PwC said.

AseanPlus News

Huawei rivals Nokia, Ericsson no shoo-in for 5G contracts as China seen favouring local champions

Nokia and Ericsson stand to lose ground in China, the world’s largest market for 5G investments over the next few years The bulk of China Mobile’s initial tender for 5G equipment is expected to go to Huawei and ZTE, sources say

Business

For Toyota, cruise control isn’t fast enough

BY the looks of it, Toyota Motor Corp is holding steady, even as other carmakers flail. But some caution is warranted.