Huawei Technologies has inked 40 commercial contracts for 5G technology, leading its Q1 revenue to leap 39 percent to 179.7 billion yuan ($26.8 billion). The Chinese company also stated that it has shipped about 70,000 5G base stations, making it a leading supplier of 5G gear. Huawei’s net-profit margin rose a bit to 8 percent. The company also introduced what it calls the world’s first 5G-communication hardware for the auto industry. Its MH5000 module is built on its newly launched Balong 5000 5G chip. Continue reading Huawei Inks 40 Contracts to Build and Operate 5G Networks

After cutting 12,000 jobs in April, Intel has focused on the Internet of Things and data centers, which accounted for 40 percent of the company’s revenue last year. Now, Intel has introduced two new Atom processors: the E3900 for connected devices and wearables, and the A3900 for smart auto apps. The new processors are versatile and will serve a variety of industries, with the E3900 as the IoT “workhorse,” featuring “fog computing,” the ability to determine what processes to perform itself and which to send to the data center. Continue reading Intel Develops New Chips for Internet of Things, Automobiles