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LG's exit from mobile biz

LG's exit from mobile biz
Posted : 2021-04-06 17:24
Corporate Korea should learn hard lesson from fiasco
LG Electronics has decided to pull out of the mobile phone business after recording losses for 23 consecutive quarters. Twenty-six years after LG set foot in the mobile handset industry, the company is withdrawing under the weight of nearly 5 trillion won ($4.4 billion) in accumulated losses. The smartphone sector has enormous strategic value as the hub of a hyper-connected society. All information and communication technology (ICT) devices, increasingly including home appliances and vehicles, are organically linked to and interact with one another through the hub.
The huge potential makes it all the more painful for LG to give up the business. The fiasco shows that just a single critical mistake could drive even a giant player like LG into an irrecoverable setback in this global business war. It should serve as a valuable lesson for other Korean companies too. Along with Samsung Electronics, LG Electronics is one of the two driving forces that have lifted Korea's ICT industry to the status of a global leader. The company was once the No. 3 maker of cellphones, but made a critical mistake of failing to jump onto the smartphone bandwagon in 2007.

South-korea , Korea , Samsung-electronics , Lg-electronics , Corporate-korea , Lg , Mobile-business , Smartphone , Ict , தெற்கு-கொரியா , கொரியா

Covid-19 impact on ICT trade highlighted

Covid-19 impact on ICT trade highlighted
Covid-19 impact on ICT trade highlighted
Geneva, Apr 3 (Prensa Latina) Restrictions imposed to curb the Covid-19 impact are today boosting the information and communications technologies (ICT) trade, as reported by United Nations Conference on Trade and Development (UNCTAD).
According to UNCTAD, world ICT goods imports in 2019 shrank 3% compared to the previous year.
But preliminary data for 2020 from Germany, China (Hong Kong) and the United States, three large economies from different regions, show trade growth signs, even a global economic activity fall was perceived as the result of the Covid-19 pandemic, UNCTAD said.
'The pandemic has impacted on digitization, which may have resulted in a significant growth in ICT goods trade despite 2020´s stern economic activity downturn,' said Shamika N. Sirimanne, UNCTAD´s Director of Technology and Logistics.

China , Germany , Geneva , Gene , Switzerland , United-states , Hong-kong , Shamikan-sirimanne , Temas-relacionados , Prensa-latina , United-nations-conference , Southeast-asia

ZICTA report suggests positive outlook for Zambia's ICT sector

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The Zambia Information and Communications Technology Authority (ZICTA) has published its Information and Communications Technology (ICT) sector annual market report for the year 2020, and many of its findings – and predictions – are positive.
Among the highlights are increased access to, and utilisation of, ICT services in Zambia, including what is described as ‘a marked increase’ in active mobile telephone subscriptions – from 17.2 million reported at the end of 2019 to 19.1 million subscriptions recorded at the end of 2020.

Zambia , Communications-technology , Communications-technology-authority , Airtel , Zambia-information , Zicta , Market-report , Ict , Subscriptions , Forecasts , சாம்பியா

Airline crew robbed en route to Costa Rica airport, report says

Passengers on American Airlines flight 1204 from Costa Rica to Miami endured a seven-hour delay on Tuesday due to some pretty unusual circumstances.
According to a report from travel news site View from the Wing, the flight crew was robbed at gunpoint while they were en route from their hotel to Juan Santamaría International Airport (SJO) near San José.
Per the report, the perpetrators littered debris on the road, and when the driver stopped to clear a path, the thieves entered the vehicle brandishing weapons.
American Airlines confirmed the news in a statement to View from The Wing:
“We are aware that our crew members unfortunately fell victim to a crime while en route to Juan Santamaría International Airport (SJO) on March 16,” said American Airlines spokesperson Sarah Jantz.

Florida , United-states , Costa-rica , Costa-rican , American , Juan-santamar , Sarah-jantz , American-airlines , Costa-rica-public-security-ministry , Us-state-department , Judicial-investigation-police , Passengers-on-american-airlines

Pantami, Danbatta seek increased collaboration among ECOWASBusiness — The Guardian Nigeria News – Nigeria and World News

PantamiNigerian government has called for increased regional collaboration for the development of the Information and Communication Technology (ICT) ecosystem in West Africa.
Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim Pantami and the Executive Vice Chairman of the Nigerian Communication Commission (NCC), Prof. Umar Garba Danbatta, made the call at a two-day 18th annual general meeting (AGM) of the West Africa Telecommunications Regulators Assembly (WATRA), which commenced in Abuja on Wednesday.
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Addressing WATRA representatives, Pantami said the time had come for African countries to come up with innovative ideas to fast-track the development of the ICT ecosystem in the sub-region.

Burkina-faso , Gambia , Liberia , Nigeria , Abuja , Abuja-federal-capital-territory , Sierra-leone , Nigerian , Ebrima-sillah , Cooper-kruah , Charles-tontoma-milogo , Mamadi-gobeh-kamara

Researchers Study How Autistic People Communicate Virtually

Researchers Study How Autistic People Communicate Virtually
by Angela Mohan on
March 16, 2021 at 3:12 PM
Autistic people prefer to communicate using the internet instead of in-person.
Researchers from Drexel University's A.J. Drexel Autism Institute collected and reviewed published research about how autistic youth and adults use the internet to communicate and provide a framework for understanding contributions, gaps and opportunities in online autistic communities.
Lead author Elizabeth McGhee Hassrick, PhD, an assistant professor in the Autism Institute, and her co-authors cast a wide net searching across five databases that list studies investigating how autistic people use the internet to communicate. Filtering for specific criteria, they read 32 articles, collected their most important findings and looked for patterns.

Drexel-universityaj-autism-institute , Drexel-university , Autism-institute , Covid-19 , Autism , Information , Communication , Ict , Technology , Survey-questions , Closed-ended-questions

1,500 poor families to get free solar ipads, internet

Daily Monitor
Monday March 15 2021
Summary
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Before this financial year closes in June, government intends to distribute 1,500 solar-powered ipads with Internet to poor households to facilitate access to information and home-schooling.
The teachers will be instructing learners from the school-based computer laboratories, which Uganda Communications Commission (UCC) installed in more than 1,000 secondary schools and tertiary institutions to support continued learning while learners are at home.
The UCC executive director, Ms Irene Kaggwa, said the ipads will be procured at Shs3b under the Uganda Communications Universal Services Access Fund, which was introduced in 2010.
The computers have been installed with content for Physics, Chemistry, Mathematics and Biology for O-Level education with hopes to upload more information in other subjects after evaluating how successful the project will be in three years.

Buvuma , Uganda , Kampala , Amudat , Butaleja , Stephen-otage , Irene-kaggwa , Judith-nabakooba , Uganda-communications-universal-services-access-fund , Ministry-of-education , Uganda-communications-commission , Ict

Viettel ready to provide Mobile Money service to all customers

Viettel ready to provide Mobile Money service to all customers
11:19 | 11/03/2021
Viettel will utilise its considerable ICT potential to roll out the Mobile Money service
On March 9, the prime minister officially approved the pilot of Mobile Money service for a duration of two years. Accordingly, e-wallet providers and telecom service providers will be able to deploy the new service.
The trial aims to promote cashless payments in the country, while strengthening access to and use of financial services, especially for those in rural, remote, and mountainous areas.
In anticipation of the future trend, Viettel launched the internal trial run of the Mobile Money service for 40,000 staffÂ in 2020. The group also has experience in providing such services in six overseas markets.Â

Vietnam , Republic-of , Vietnamese , Pham-trung-kien , Viettel-digital-services , Mobile-money , Viettel-digital , State-bank , Viettel , Ict , Payments , Cashless-payments

Senate panel seeks measures to curb cybercrime

Chief Executive, DataSixth Cybersecurity Consulting, Michael Anyanwu (left); members, Senate Committee on ICT and Cybercrime, Orker Jev; Yakubu Oseni (chairman); Ezenwa Onyewuchi; Senior Special Adviser to the President on Social Investment Programmes, Ismaeel Ahmed and another member of the committee, Ibrahim Hadejia, during the lawmakers’ visit to the Security Operations Centre (SOC) of DataSixth in Lagos…on MondaySenate Committee on Information and Communication Technology (ICT) has raised the alarm over the high rate of cybercrime in the country, calling for mechanisms to save the nation from the menace.
Chairman of the committee, Yakubu Oseni, who spoke during a visit of members to Datasixth Cybersecurity Consulting in Lagos, said the oversight findings of the team revealed that Nigeria was suffering from activities of cybercriminals.

Lagos , Nigeria , Yakubu-oseni , Ismaeel-ahmed , Michael-anyawu , Ezenwa-onyewuchi , Ibrahim-hadejia , Orker-jev , Michael-anyanwu , Senate-committee , Senate-committee-on-information , Security-operations-centre

Dr Mwinyi tasks Works ministry to strengthen accountability

ZANZIBAR President Dr Hussein Ali Mwinyi yesterday tasked the Ministry of Works, Communications and Transport to strengthen transparency and accountability so that they effectively contribute to Isles’ socio-economic development.

Eng-zena-ahmed , Rahma-kassim-ali , Amour-hamil-bakari , Abeid-amani-karume-international-airport , Chief-secretary-eng-zena-ahmed-said , Permanent-secretary-amour-hamil-bakari , Auditor-general , Economy , Ict , ரஹ்மா-காசிம்-அலி , அமெரி-ஹமில்-பக்காரி , நிரந்தர-செயலாளர்-அமெரி-ஹமில்-பக்காரி