China’s Huawei faces new bans and challenges in the European telecom market
Thursday, 03 January 2019
China’s Huawei continued to be in hot water as some of the European countries are also avoiding the use of Huawei’s equipment due to security concerns and over spying doubts. Like the US, Australia and New Zealand, European countries are also taking the issue seriously given that in the future 5G technology will play a
- Published in Telecom
Chinese steel consumption is expected to rise in 2019
Thursday, 03 January 2019
Steel demand in China is set to increase on the back of newly approved policies in support of its construction sector. The new policies would cut taxes, improve the funding for local governments and boost up the infrastructure building and housing projects in 2019. The proposal of new economic actions has already been approved by
- Published in Steel
Iran’s steel exports are on a downward trajectory after re-imposition of sanctions
Thursday, 20 December 2018
Iranian steel exports have started plummeting since the US reinstated sanctions. The EU has already imposed anti-dumping duties on some of the Iranian steel. According to Iran Steel Producers Association, Iran produced 14.24 million tonnes of steel with an increase of 10% in the first eight months of current Iranian year started from 21st of
- Published in Steel
New Zealand bans Huawei from 5G roll-out
Thursday, 13 December 2018
New Zealand’s national security agency Government Communications Security Bureau (GCSB) bans Spark NZ (New Zealand Telecommunication Company) from using China’s Huawei equipment and services in its new 5G roll-out. The agency considered Huawei equipment and services as a security risk to its country. Huawei and Spark have been in partnership for approximately four years under
- Published in Telecom
Global Ride Hailing Market 2018-2025
Thursday, 22 November 2018
The ride-hailing industry has decades’ long history though substantially supported by recent technology advancements, increasing use of smartphones and urbanisation. Since the start of e-hailing, pioneered by Uber, various ride-hailing companies such as Lyft, Didi Chuxing and Ola entered the market and started disrupting the transportation industry. The market is now getting more tractions as
- Published in Automotive
Tata Steel to offload its electrical steel production plant before its merger with ThyssenKrupp
Wednesday, 21 November 2018
Tata steel pursues to sell its electrical steel plant before its merger with ThyssenKrupp to address concerned expressed by the European Commission (EU). The company is trying to sell its non-core assets before the merger, for which the company announced its plan earlier this year for the divestments of some manufacturing facilities including Cogent, its
- Published in Steel
Huawei and CTR to complete Chilean undersea cable project by Q3 2019
Wednesday, 21 November 2018
Huawei and CTR (Computing-Tabulating-Recording Company) become partners for deploying submarine cable in the Fiber Optic Austral (FOA) project. This will connect the three southern regions in Chile known as Las Lagos, Aysén and Magallanes. In March 2018, the Chilean government announced the investment by connecting these regions for which Huawei and CTR agreed. Huawei is
- Published in Telecom
The US steelmakers are benefiting from protectionist through price hikes but others suffer
Thursday, 08 November 2018
The US president Mr Donald Trump said that the US Steel industry is flourishing on the back of his policies. He mentioned some major steel producers such as US Steel are now performing better and planning to add more production capacity. Indeed, the financial position of steel producers in the US is getting better due
- Published in Steel
Italian 5G tender closes at € 6.55 billion
Friday, 05 October 2018
After 14 days of the competitive bidding process, Italy’s Ministry of Economic Development announced the completion of its national 5G spectrum tender. The bidding reached €6.55 billion which was € 4 billion more than its minimum reserved price of €2.5 billion. The range of bands in which the spectrums have been offered included 694-790MHz, 26.5-27.5GHz
- Published in Telecom
Opportunity Assessment of Blockchain Technology in the Automotive Industry
Wednesday, 03 October 2018
Based on distributed ledger system, blockchain is a new and emerging technology which is ready to play its role in the automotive industry through its various applications. The technology is shifting control from the central operating system to end users. It is considered a secure mechanism for performing transactions with intermediaries gets eliminated. Decentralisation is
- Published in Automotive