AWS to build dozens of Local Zones around the world

Amazon Web Services plans to build AWS Local Zones in dozens of metropolitan areas around the world to support edge services.The company has already completed its first 16 AWS Local Zones in the U.S. and over the next 2 years plans to launch new AWS Local Zones in 32 new metropolitan areas in 26 countries: Amsterdam, Athens, Auckland, Bangkok, Bengaluru, Berlin, Bogotá, Brisbane, Brussels, Buenos Aires, Chennai, Copenhagen, Delhi, Hanoi, Helsinki,...

Read More

Comcast sees a surge in Wi-Fi connected devices in consumer homes

The number of devices connected to WiFi has skyrocketed by 12X since 2018 as Xfinity households connected nearly 1 billion devices in 2021, according to Comcast’s newly published 2021 WiFi Trends Report. “The ecosystem of connected devices in the home and the applications running on them has exploded over the last few years, driving a shift in consumers perceptions on what truly is important to their connectivity experience,” said Sophie Ahmad,...

Read More

Cisco reports strong business momentum, sales rise 6% yoy

Citing robust demand across its business lines, Cisco reported revenue of $12.7 billion, net income on a generally accepted accounting principles (GAAP) basis of $3.0 billion or $0.71 per share, and non-GAAP net income of $3.5 billion or $0.84 per share for its second fiscal quarter, ended January 29, 2022. Revenue was up 6% year over year. On a GAAP basis, total gross margin, product gross margin, and service gross margin were 63.3%, 61.8%, and...

Read More

NVIDIA posts record quarterly revenue of $7.64B, up 53% yoy

Citing record sales for its gaming, data center and professional visualization platforms, NVIDIA reported record revenue for its fourth quarter ended January 30, 2022, of $7.64 billion, up 53 percent from a year ago and up 8 percent from the previous quarter. GAAP earnings per diluted share for the quarter were a record $1.18, up 103 percent from a year ago and up 22 percent from the previous quarter. Non-GAAP earnings per diluted share were...

Read More

Infinera reports revenue of $403 million, up 13% yoy, record bookings

Infinera reported revenue of $400.3 million (GAAP) for its fourth quarter and fiscal year ended December 25, 2021. This compares to $355.8 million in the third quarter of 2021 and $353.5 million in the fourth quarter of 2020. GAAP gross margin for the quarter was 35.6% compared to 33.2% in the third quarter of 2021 and 35.7% in the fourth quarter of 2020. GAAP net loss for the quarter was $(33.1) million, or $(0.16) per share, compared to $(53.8)...

Read More

Vodafone conducts RIC trial with Juniper, Parallel Wireless

Vodafone is conducting a multivendor RAN Intelligent Controller (RIC) trial for tenant-aware admission control use cases. The trial, which is being conducted in partnership with Juniper Networks and Parallel Wireless, is initially running in Vodafone’s test labs in Turkey and with plans to move into its test infrastructure.The trial supports O-RAN interfaces and addresses the key business challenges faced by mobile operators around personalized user...

Read More

#MWC22 : Is FWA a Killer App for O-RAN?

Is Fixed Wireless Access a killer use case for O-RAN? Eugina Jordan, VP, Marketing at Parallel Wireless, shares her thoughts on fixed wireless access ahead of #MWC22.https://youtu.be/GkjmCf8xiwQO-RAN Alliance demos at MWC BarcelonaMonday, February 14, 2022  #MWC22, O-RAN   O-RAN ALLIANCE will host 22 demos at the upcoming MWC Barcelona 2022 as well as 24 additional demos online at the O-RAN Virtual Exhibition. Here are...

Read More

Ericsson may have bribed ISIS in Iraq

An internal investigation at Ericsson has found unusual expense claims in Iraq, dating back to 2018 with evidence of corruption-related misconduct. Regarding the situation, Ericsson issued this statement (in part):"The investigation included the conduct of Ericsson employees, vendors and suppliers in Iraq during the period 2011-2019. It found serious breaches of compliance rules and the Code of Business Ethics. It identified evidence of corruption-related...

Read More

SEMIFIVE raises $109 million for its chip design platform

SEMIFIVE, a start-up based in Korea, raised $109 million in Series B funding for its platform-based SoC design solution.SEMIFIVE’s platform SoC approach aims to significantly reduce chip development time and cost. SEMIFIVE said its platform enables custom silicon chips based on Samsung Foundry’s advanced FinFET process nodes. So far, SEMIFIVE has signed several AI-based semiconductor startups, such as FuriosaAI, Rebellions and Mobilint, as customers....

Read More