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Samsung Networks leadership shares 5G vision for network transformation; unveils latest advancements in 5G technology powered by software and in-house chipsets Samsung has shared its 5G vision and latest network innovations at “ Samsung Networks: Redefined ”, a virtual event where the Samsung Networks leadership team presented an overview of Samsung’s notable 5G accomplishments and new solutions driving network transformation.    At the event, Samsung Networks highlighted key developments in its global expansion, which includes delivery of over four million 5G-ready radios around the world. Samsung focused on how it is advancing virtualisation to drive next-generation networks, and leading 5G radio innovation by embedding its radios with the company’s latest in-house chipsets.    “We are delighted to discuss the infinite possibilities of wireless technology, as we continue our 5G journey, and pave the way towards the next phase of 5G,” said Justin Hume. Director: Int...

  Stepping Away from Phone Manufacturing and Sales Enables Company  to Focus on Growth Sectors Including EVs, IoT and B2B Solutions LG Electronics Inc. (LG) announced that it is closing its mobile business unit. The decision was approved by its board of directors earlier today.   LG’s strategic decision to exit the incredibly competitive mobile phone sector will enable the company to focus resources in growth areas such as electric vehicle components, connected devices, smart homes, robotics, artificial intelligence and business-to-business solutions, as well as platforms and services.   Current LG phone inventory will continue to be available for sale. LG will provide service support and software updates for customers of existing mobile products for a period of time which will vary by region. LG will work collaboratively with suppliers and business partners throughout the closure of the mobile phone business. Details related to employment will be determined at the l...