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For one, the oil and gas industry is under immense pressure to improve operational efficiency, productivity, and worker safety; maintain cybersecurity; and, simultaneously, reduce environmental impact. In order to solve these challenges, oil and gas companies are accelerating their digital transformation. Denis Brunetti, President, Vietnam and Myanmar Ericsson As they adopt use cases around automation, smart safety and environmental monitoring, the oil and gas industry is increasingly looking to advanced cellular connectivity to help drive efficiencies, while being more environmentally sound. The industry is expected to meet the global goal of net-zero carbon by 2050. According to a McKinsey study, the use of advanced connectivity to optimise drilling and production throughput and improvements in maintenance and field operations could add up to $250 billion of value for oil and gas upstream operations by 2030. Digitalisation enabled by cellular connectivity can … [Read more...] about 4G/5G wireless networks driving digitalisation across industries

The R&D center in Hanoi, scheduled to be completed by late 2022, would be Samsung’s major R&D hub not only in Vietnam but also the whole of Southeast Asia. Samsung is expected to expand investment in Vietnam with an additional fund of US$3.3 billion, along with an export target of US$69 billion from its manufacturing facilities in the country. Prime Minister Pham Minh Chinh (r) and Samsung CEO Roh Tae-Moon. Photo: Nhat Bac Samsung’s CEO Roh Tae-Moon mentioned the conglomerate's goals in Vietnam during a meeting with Prime Minister Pham Minh Chinh on August 5. According to Roh, Samsung Vietnam exported more than $34.3 billion worth of electronic products during the first six months of 2022, representing an increase of 18% year-on-year. Roh noted the South Korean IT giant is preparing for mass production of semiconductor components at the Samsung Electro-Mechanics Vietnam plant in Thai Nguyen Province from July 2023, and also for the launch the … [Read more...] about Samsung plans to invest US$3.3 billion in Vietnam in 2022

Samsung Electronics unveiled its latest high-end foldable smartphones on Wednesday, keeping prices at the same level as last year's in a bid to cement its leadership in an expanding niche market. The smartphone maker priced its clamshell Galaxy Z Flip4 at $999.99, and the 5G-enabled top-line Galaxy Z Fold4 with a 7.6-inch main screen to start at $1,799.99 in the United States, the same as the launch prices of last year's models. "We've successfully transformed this category from a radical project to a mainstream device lineup enjoyed by millions worldwide," said TM Roh, president and head of mobile experience at Samsung Electronics. The Galaxy Z Flip4 and Z Fold4, as well as its latest earbuds, Galaxy Buds2 Pro, will be generally available starting Aug. 26 in select places such as the United States, parts of Europe and South Korea. Counterpoint Research forecast global shipments of foldable smartphones to grow to 16 million units this year, just 1.2% of the 1.36 billion … [Read more...] about Samsung unveils new foldable smartphones, seeking keep lead in growing market

Viettel achieved record growth in the past four years. — Photo courtesy of the firm Viettel Group achieved double-digit growth in the first half of the year with revenue and profit increasing by 6.6 per cent and 21.7 per cent over the same period last year respectively. This represents the highest growth rate Viettel has achieved in the past four years. Notably, Viettel has achieved these positive results in the context that the socio-economic situation continued to be affected by the COVID-19 pandemic. Meanwhile, the global supply chain was broken due to an international conflict as well as the instability in some foreign markets in which Viettel is operating. In Viet Nam, Viettel continues to maintain its No 1 position in telecommunications with 54 per cent market share of mobile subscribers and over 40 per cent market share of fibre cable internet subscribers. In the first six months of the year, Viettel had many policies to attract customers to use 4G infrastructure, … [Read more...] about Viettel posts record growth rate