Friday, August 12, 2016

NVIDIA Posts Record Q2 Revenue of $1.43 Billion, up 24% YoY

NVIDIA posted record revenue of $1.43 billion for its Q2, ended 31-July-2016, up 24 percent from $1.15 billion a year earlier, and up 9 percent from $1.30 billion in the previous quarter. GAAP earnings per diluted share for the quarter were $0.40, compared with $0.05 a year ago and up 21 percent from $0.33 in the previous quarter. "Strong demand for our new Pascal-generation GPUs and surging interest in deep learning drove record results," said...

China Telecom Picks Nokia for 4G Expansion in 19 Provinces

China Telecom signed an agreement with Nokia to expand its 4G coverage in 19 provinces in China.  Financial terms were not disclosed. The contract covers expansion of the radio access network and lays the foundation for China Telecom's intended launch of Voice over LTE (VoLTE) services in 2017. Specifically, Nokia is deploying its 4G Flexi MultiRadio 10 Base Stations in 19 provinces in China: Shanghai, Jiangsu, Shandong, Zhejiang, Hunan,...

Nokia Delivers Database for Vodafone India's 200M Subs

Nokia completed the modernization of a Home Location Register (HLR) database for Vodafone India SuperNet. The company described the project as world's largest HLR upgrade, as its consolidated databases across 17 circles covering over 200 million entries. The number of database hosting nodes was also reduced from 46 to 12, improving efficiencies, enhancing performance and optimizing costs. As part of the project, Nokia implemented its Subscriber...

Huawei Publishes Annual Sustainability Report

Huawei published its annual Sustainability Report covering its activities over the past year in bridging the digital divide, promoting environmental protection, and seeking win-win outcomes with business partners and employees. Some highlights of the 108-page report: Deployed more than 50% of wireless base stations, over 70% of LTE networks, and at least 50,000 kilometers of optical fiber cable in Africa to provide better digital connectivity...