OEM stories - Page 4

LG Electronics posted record second-quarter revenue of KRW 21.69 trillion (USD $15.82 billion) and operating profit of KRW 1.20 trillion (USD $875 million).

A new Juniper Research study predicts IoT satellites to surge from 10,000 to 24,000 by 2029, driven by LEO satellite cost benefits and rising nomadic area connectivity demand.

The Australian Constructors Association's new paper highlights productivity stagnation in construction, advocating for better data utilisation, ahead of the FF24 forum.

Australian AEC service provider Autonomation partners with workflow automation platform Workato to enhance service delivery by integrating Autodesk Construction Cloud.

McConnell Dowell accelerates construction project kick-offs using Cradlepoint's cellular routers, reducing setup time and costs while enhancing flexibility.

GARR has chosen Infinera's 800G technology to double the capacity of its optical network, enhancing connectivity for Italy’s research institutions and universities.

LG Electronics aims to grow its smart factory initiative into a multi-trillion KRW enterprise by 2030, blending AI with decades of manufacturing expertise.

CommScope outlines essential cabling strategies for AI data centres, highlighting how innovative approaches can optimise performance, reduce costs, and support AI growth.

Kyriba's Q1 2024 Currency Impact Report has revealed a USD $9.83 billion negative impact due to currency fluctuations, signalling heightened FX risks for global firms.

Google Cloud's 2024 Threat Horizons report reveals rising cyber threats, emphasising advanced social engineering, cloud security, ransomware, and AI exploitation.

On AI Appreciation Day, industry leaders highlight AI's transforming role across sectors from cybersecurity to logistics, urging ethical and innovative practices.

Lion Parcel partners with Salesforce to enhance customer service using generative AI, reducing case resolution times by 73%.

Siemens introduces NX X, a game-changing cloud-based engineering solution with new AI, immersive, and electro-mechanical tools, enhancing the Siemens Xcelerator portfolio.

NormCyber crowned Fortinet's Security Operations Partner of the Year, solidifying its prowess in advanced cyber threat defence at the UK Partner Awards.

Nearly half of companies in manufacturing, logistics, and retail view escalating costs as their main supply chain challenge, a study by Epicor and Nucleus Research reveals.

Diversifying suppliers, maintaining buffer inventory, and leveraging advanced technology are key strategies for creating redundancy in your supply chain.

Singapore-based SleekFlow has named Gao Lei, former LinkedIn China CTO, as its new Chief Technology Officer to spearhead tech transformation and innovation.

Ennoventure reshuffles its leadership with Taylor Tresselt as CCO and Chad Kite joining the Board, aiming to bolster strategic growth in anti-counterfeit tech.

Australian startup Fugu secures seed funding led by Investible to develop solid direct air capture technology aimed at large-scale CO2 removal.

Amazon Global Selling Singapore's 2024 trend report highlights robust growth in cross-border e-commerce, projecting B2C export revenue to more than double.