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Huawei is in talks to sell part of its Honor smartphone unit

honor 30 pro plus review rear in hand

  • Huawei is reportedly in talks to sell off parts of its Honor unit.
  • It’s believed that Digital China, TCL, and Xiaomi are interested in the deal.

US sanctions against Huawei mean that the company’s smartphone business has suffered in a big way. Between its crippled in-house chipset division and the lack of Google support, it’s becoming increasingly tough for the firm to keep producing phones.

These troubles extend to its Honor sub-brand too, but Reuters now reports that Huawei is in talks to sell off parts of the Honor business in a deal potentially worth up to 25 billion yuan (~$3.7 billion).

The report, citing “people with knowledge of the matter,” alleges that Honor’s brand, research and development infrastructure, and associated supply chain management business could be sold under the deal. However, the newswire’s sources caution that this hasn’t been finalized yet.

It’s believed that Huawei will focus on higher-end

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on technology articles

NEC Selects NXP RF Airfast Multi-chip Modules for Massive MIMO 5G Antenna Radio Unit for Rakuten Mobile in Japan

NXP RF Airfast multi-chip modules support NEC and Rakuten Mobile in the rollout of 5G

NXP Image

NXP’s RF Airfast multi-chip modules offer a common footprint across frequency and power for different regions
NXP’s RF Airfast multi-chip modules offer a common footprint across frequency and power for different regions
NXP’s RF Airfast multi-chip modules offer a common footprint across frequency and power for different regions

TOKYO and EINDHOVEN, The Netherlands, Oct. 12, 2020 (GLOBE NEWSWIRE) — NXP® Semiconductors N.V. (NXP; NASDAQ: NXPI) and NEC Corporation (NEC; TSE: 6701) today announced that NEC selected NXP to supply RF Airfast multi-chip modules to be used in a Massive MIMO 5G antenna Radio Unit (RU) for Rakuten Mobile, one of Japan’s leading mobile network operators.

NEC’s Massive MIMO 5G antenna RU features a 5G open virtual radio access network (vRAN) interface and has been adopted by Rakuten Mobile for its fully virtualized cloud-native mobile network. The RU utilizes extremely accurate digital beam forming for efficient high-capacity transmission and is

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on new technology

What Is A Data Processing Unit (DPU) And Why Is NVIDIA Betting On It?

At the GPU Technology Conference 2020, Jensen Huang, NVIDIA’s CEO, unveiled a new family of processors branded as the BlueField-2 Data Processing Unit (DPU). The DPU is accessible to the developers via the software platform, the DOCA SDK. The DPU and DOCA SDK are comparable to NVIDIA’s powerful combination of GPU hardware and CUDA software.  

Having dominated the AI accelerator market, NVIDIA is now aiming to expand it to the data center infrastructure acceleration and optimization. 

Why is Jensen Huang bullish about the DPU market and how it matters to the enterprise data center? Here is an attempt to explain the evolution of DPU in simple terms.

The Aggregation and Disaggregation of Enterprise Infrastructure

During the 90s, the combination of Intel x86 CPU and OS software offered unmatched power to enterprises. The rise of client/server computing, followed by n-tier computing, paved the way for distributed computing.

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on technology articles

Amazon India’s payments unit gets $95.5 million from parent ahead of festive season

FILE PHOTO: The logo of Amazon is pictured inside the company’s office in Bengaluru, India, April 20, 2018. REUTERS/Abhishek N. Chinnappa

BENGALURU (Reuters) – Amazon.com Inc AMZN.O has invested 7 billion rupees ($95.51 million) in its Indian payments unit, ahead of the festive season, data from business intelligence firm Tofler showed.

Amazon will begin its festive season sales on Oct. 17, and has been trying to encourage payments through Amazon Pay with cashbacks and other rewards.

Both Amazon and Flipkart offer deep discounts on everything from clothes, smartphones to home appliances ahead of key Hindu festivals Dussehra and Diwali.

In July, Jeff Bezos-led Amazon.com had invested 23.10 billion rupees in Amazon Seller Services and early this year announced a $1 billion investment to bring more than 10 million small businesses online in India by 2025.

Amazon, billionaire Mukesh Ambani-led Reliance Industries RELI.NS and Walmart Inc’s WMT.N Flipkart are in a

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on future technology

IBM, Seeing Its Future in the Cloud, Breaks Off I.T. Unit

IBM, throughout its 109-year history, hasn’t often led technology trends. But it has adapted and eventually prospered time and again.

It is trying to go the adaptation route once again.

IBM on Thursday acknowledged the challenge and embraced the opportunity for the company in the accelerating shift to cloud computing. The company said it was spinning off its legacy technology services business to focus on cloud computing and artificial intelligence.

Arvind Krishna, who became chief executive this year, called the move “a landmark day” for IBM, “redefining the company.”

The split-up strategy reflects how decisively computing has shifted to the cloud. Today, nearly all new software is being created as a cloud service, delivered over the internet from remote data centers. The computing model affords corporate customers more flexibility and cost savings, sold as a pay-for-use service or annual subscriptions.

IBM was late to the cloud market, which was pioneered

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on new technology

Stock Alert: IBM Plans To Spin Off Managed Infrastructure Services Unit; Stock Jums 7%

(RTTNews) – Shares of International Business Machines Corporation (IBM) are rising more than 7% Thursday morning on the news of its plan to spin-off managed infrastructure services unit.

IBM plans to separate its managed infrastructure services unit of its Global Technology Services division into a new publicly-traded company (NewCo) and focus more on the cloud business.

“This creates two industry-leading companies, each with strategic focus and flexibility to drive client and shareholder value,” IBM said.

The spin-off is expected to be completed by the end of next year.

“IBM is laser-focused on the $1 trillion hybrid cloud opportunity. NewCo will have greater agility to design, run and modernize the infrastructure of the world’s most important organizations. Both companies will be on an improved growth trajectory with greater ability to partner and capture new opportunities – creating value for clients and shareholders” said Arvind Krishna, IBM Chief Executive Officer.

Additionally, IBM

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on new technology

IBM To Focus On Open Hybrid Cloud Platform; To Spin-Off Managed Infrastructure Services Unit

(RTTNews) – IBM (IBM) announced the company will separate its Managed Infrastructure Services unit of its Global Technology Services division into a new public company. Going forward, IBM will focus on its open hybrid cloud platform. The new company will be entirely focused on managing and modernizing client-owned infrastructures. The separation is anticipated to be achieved as a tax-free spin-off to shareholders, and completed by the end of 2021.

IBM said it will move from a company with more than half of its revenues in services to one with a majority in high-value cloud software and solutions. The company will have more than 50% of its portfolio in recurring revenues.

IBM is also taking action to simplify and optimize its operating model which includes streamlining its geographic model and transforming its go-to-market structure. The company is also continuing to consolidate its shared services.

Following the deal, the companies together are

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on modern technology

IBM to spin off IT infrastructure unit, focus on cloud business

FILE PHOTO: A man stands near an IBM logo at the Mobile World Congress in Barcelona, Spain, February 25, 2019. REUTERS/Sergio Perez/File Photo

(Reuters) – International Business Machines Corp said on Thursday it would spin off its IT infrastructure unit to focus more on cloud computing, a high-margin business that has seen a boost as companies increasingly ramp up their digital shift.

Shares of the company were up nearly 14% in premarket trading.

IBM has trimmed its legacy businesses over the years to focus on cloud, aiming to make up for slowing software sales and seasonal demand for its mainframe servers.

Arvind Krishna, who took over as chief executive officer from Ginni Rometty in April, said IBM’s software and solutions portfolio will account for the majority of company revenue after the separation.

Krishna is known as the “principal architect” of IBM’s biggest acquisition, software company Red Hat, which was bought

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