Chip research group raises 2024 growth forecast
The World Semiconductor Trade Statistics organisation revised its global chip market forecast for the next two years to reflect a stronger performance in the past two quarters, predicting robust growth in memory and logic ICs.
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Axiata banking unit launches app
Axiata subsidiary Boost Bank officially launched its mobile app, five months after securing approval from Malaysia’s central bank and the Finance Ministry to launch digital banking services.
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TSMC on track to hit top-end of 2024 forecast
Taiwan Semiconductor Manufacturing Company (TSMC) sales in May hit the upper end of a previous target, climbing 30.1 per cent from a year earlier, benefitting soaring demand for server AI processors, which it forecast to more than double this year.
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Oppo pledges to place genAI into all smartphones
Oppo committed to incorporating generative AI across its entire smartphone line-up, setting the target to bring the technology to 50 million users by the end of the year.
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STT GDC hits interim renewables target ahead of schedule
ST Telemedia Global Data Centres detailed its progress in reaching carbon-neutral data centre operations by 2030, recording gains in the use of renewable energy sources three years ahead of schedule.
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India 5G spectrum sale delayed again
India again pushed back a second 5G spectrum action to late June, giving no reason for the delay in the sale of eight spectrum bands, which was originally planned for March.
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WeChat Pay insists call for market share cut is rumour
Tencent denied foreign media reports China's government was pushing it to reduce the market share of payment app WeChat Pay, declaring in a statement on Weixin the claim is rumour and not true.
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Docomo taps hydroelectricity to power base stations
NTT Docomo demonstrated a novel approach to powering base stations using a hydroelectric system and a jet turbine, with the operator targeting use of the system to generate low-cost, green energy by March 2025.
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One NZ slashes emissions, led by greener power
One New Zealand reduced its greenhouse gas emissions by nearly a quarter in the year to 31 March, after setting an interim goal of cutting direct and indirect emissions (Scope 1 and 2) by 10 per cent annually.
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Feature: Australian operators take short-term hit to revive B2B growth
The weak results and write-offs of Telstra and Optus’ enterprise units raise questions about the health of Australia’s B2B market and the opportunity for the sector to aid overall growth.
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