Worldwide spending on telecommunications and pay TV services will reach US$1,544 billion in 2024, representing an increase of 2.4% year-on-year, according to the Worldwide Semiannual Telecom Services Tracker published by IDC. The latest prediction is 1pp higher than the version published in the May edition of IDC's Tracker. If that forecast becomes reality, the above-mentioned annual growth rate would be the highest recorded in the last 12 years.

Trump's "America First" agenda will remain central in his imminent second term, with reindustrialization, trade protectionism, corporate tax cuts, and stricter immigration policies at the core. However, Trump 2.0 is expected to take a more radical approach than his first term.

As AI smartphones reach a critical juncture, major manufacturers are ramping up their hardware and AI application development. Industry watchers expect competition to intensify when Apple's Apple Intelligence becomes available in China.

Smartphone vendors in India recorded a 5.6% shipment growth in the third quarter of 2024, with the iPhone reaching a record shipment of four million units. However, overall smartphone shipments in India are expected to experience only limited growth throughout 2024.

Accton has announced its board's approval for an investment in InLC Technology (InLC). This long-term investment aims to strengthen the R&D of foundational optical communication technology products, preparing for the anticipated demand for all-optical communication over the next three to five years.

Unisoc, having achieved annual revenues above CNY10 billion (approx. US$1.38 billion) for two successive years from 2022 to 2023, is preparing to expedite its initial public offering (IPO), according to Chinese media reports. In September 2024, the fabless chipmakers completed its most recent equity financing round, which secured a funding of CNY4 billion.

With Donald Trump's victory in the 2024 US presidential election and the Republican Party securing a majority in both the Senate and House of Representatives, global technology supply chains must prepare for the upcoming "red" wave. Senao Networks Inc. (SNI) chairman Tommy Tsai has announced that the company will actively evaluate manufacturing in the US, anticipating stricter tariff barriers under Trump's renewed presidency.

Dixon Electro and Nokia have officially launched the manufacturing of fixed broadband devices in India. The collaboration will focus on producing GPON, 5G FWA, and Mesh Wi-Fi devices, all capable of delivering up to one gigabit per second per home.

According to sources from the network communication sector, inventory adjustments will soon conclude, with December identified as a turning point. The network device industry in Taiwan is anticipated to continue to thrive as geopolitics continue to escalate. Additionally, the introduction of new technologies, such as Wi-Fi 7, will boost replacement demand.

Following Donald Trump's victory in the US presidential election and the possibility of a renewed US-China trade war, Indian officials believe Apple may scale up its manufacturing capacities in India to mitigate potential tariffs and avoid supply chain disruptions that could arise.

Huawei's "Songshan Lake Initiative," launched in late 2019 at its Dongguan facility, mobilized over 2,000 engineers globally over nine months to establish HarmonyOS for smartphones. This project marked a pivotal shift for Huawei, as covered by Yicai and The Paper.