Stories by Reuters

Broadcom's US$2 billion warning rattles global chip sector

​Broadcom sent a shockwave through the global chip making industry on Friday with its forecast that US-China trade tensions and the ban on doing business with Huawei Technologies would knock US$2 billion off the company's sales this year.

Ericsson increases 5G forecasts

​Sweden’s Ericsson has raised its forecast for 5G subscriptions by 27 per cent to 1.9 billion by 2024, with network coverage offering access to 45 per cent of the world’s population.

G20 to compile common tax rules for tech giants by 2020

​The group of 20 finance ministers has agreed to compile common rules to close loopholes used by global tech giants such as Facebook to reduce their corporate taxes, a final communique issued by the bloc showed on Sunday.

Nokia moves ahead of Huawei in 5G orders

Nokia has attracted increased interest in its next-generation telecoms equipment in recent weeks, helping it to move ahead of Chinese rival Huawei in total 5G orders, one of the Finnish company's directors said.

Huawei launches 5G lab in South Korea

​Huawei Technologies has unveiled an open lab for next-generation 5G wireless network in South Korea, but kept the launch low-key given its recent blacklisting by the United States, a key security ally of the Asian nation.