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Operators
SKT Founds Fund to Support AI and Smart Mobility
Hong Leong Bank to Bring WeChat Pay to Malaysia
Hong Leong Bank (HLB) has received approval from Bank Negara Malaysia (BNM) to work with Tencent subsidiary Tenpay Payment Technology to provide WeChat Pay in Malaysia.
As a merchant acquirer for WeChat Pay in Malaysia, HLB can now enable Malaysian businesses to start accepting WeChat payments for both online and in-store payments.
This collaboration will allow Chinese tourists to continue using their WeChat accounts when visiting Malaysia.
The partnership between HLB and Tencent using WeChat Pay enables online and offline (O2O) digital payments from retail merchants in Malaysia with an easy-to-adopt, fully integrated cross-border payment solution.
Users are expected to benefit from the ability to use the mobile app based, QR code payment tool to make purchases in Malaysia in RMB and other currencies. more>>
HK Supermarkets Adopt Visa Contactless Payment
Dairy Farm supermarkets including Wellcome, Market Place by Jasons, 3hreesixty and Oliver’s the Delicatessen will accept Visa Express payment service at 23 outlets across Hong Kong.
According to the payments vendor the Visa Express Lane checkout aisles will provide shoppers with enhanced payment speed at supermarket checkout lanes by incorporating the easy-to-use and secure Visa contactless payment solution into the express checkout process for both card and mobile payments.
“Contactless payments, where you simply tap to pay with a contactless-enabled card, mobile or wearable device at a contactless-enabled checkout terminal, are gaining strong momentum across the globe,” Visa country manager for Hong Kong and Macau Caroline Ada said. more>>
Singapore's AsiaMalls Adopts QR Payment
In much of Asia, including Singapore and Hong Kong, merchants have multiple options to accept customer payments: cash, credit card, and stored value facilities in the form of e-wallets.
But while merchants in Singapore are burdened with expensive to maintain and upkeep point of sale systems, China has become the poster child of digital mobile payments largely thanks to the wide adoption of QR Codes and the bold strategy of tech companies like Alibaba and Tencent to build payment platforms.
Perhaps taking a lesson from China, Singapore’s AsiaMalls has signed a memorandum of understanding (MOU) with UnionPay International (UPI) to roll out acceptance of UnionPay QR Code payments across all six malls – Hougang Mall, Liang Court, Tiong Bahru Plaza, Tampines 1, White Sands, and Century Square when it reopens in 2018. more>>
 
 Exhibition
 
Sviaz Expo Moscow
Sviaz Expo Moscow is an international exhibition of information and communications technology. It discusses the topics such as AR&VR, Big Data, Artificial Intelligence, Digital Economy, Unmanned Vehicle Systems, Blockchain, Internet of Things, and much more.   more>>
UL and IWCS China 2018
UL, a global independent safety science company, and IWCS, producer of the International Cable & Connectivity Symposium, have collaborated to establish a regional Asian conference in China.   more>>
CIOE: China International Optoelectronic Exposition
China International Optoelectronic Exposition (CIOE) open every year its doors at Shenzhen Conference & Exhibition Center. Representatives of the world’s leading optoelectronic manufacturers will attend the exposition to showcase the latest products and technologies. With a total area of 110,000 square meters, comprised of four concurrent specialized expositions focusing on optical communications and sensors, lasers and infrared applications, precision optics, and LEDs. And an extensive conference program will unveil the latest technologies and trends in optoelectronics.    more>>
 
Vendor/Device
Huawei Teams with Baidu on AI Development
Huawei has entered a partnership agreement with Chinese search giant Baidu covering AI platforms and technology, internet services and content ecosystems.
The two companies plan to develop an open mobile and AI ecosystem using Huawei’s HiAI platform and Baidu Brian, a collection of AI assets and services.
Equinix to Link its Cloud Exchanges Worldwide
Equinix this week unveiled plans to expand and directly interconnect its cloud exchanges around the world. It's a move that seems to take the company further into the realm of network operators than ever before.
The plan is to add direct physical and virtual connectivity between its International Business Exchange (IBX) data centers, and make those links available through the Equinix Cloud Exchange, which will now be called the Equinix Cloud Exchange Fabric.
BT, Huawei to Base Joint R&D Group at Cambridge
BT and Huawei have announced a new five-year initiative aimed at establishing a joint research and collaboration group at the University of Cambridge.
The research project aims to bring together experts from the BT Labs, the Huawei R&D Team and academics from the University of Cambridge to explore new technologies which have the potential to unlock economic benefits for UK businesses and organizations, such as reducing the cost of network infrastructure and boosting operational performance.
StarHub to Launch Digital Trade Platform for SMEs
Singapore's StarHub has teamed up with Prudential to launch a blockchain based digital trade platform for SMEs.
The new Fasttrack Trade (FTT) platform will allow SMEs to seek business partners and distributors, buy and sell goods, track shipments, receive and make payments, access financing and buy insurance via a single platform. The platform is being developed by fintech startup Cites Gestion with funding from Prudential.
 
Enterprises
Hengtong: Melt Into The Era of Intelligent, Draw The Outline Of IOT Blueprint
The Internet of things is developing rapidly with an exponential speed level. It is estimated that by 2020, the number of permanent networking objects will reach over 25 billion, which will produce much more values than the Internet itself. In the 2017 World Mobile Meeting (Shanghai), the Deputy General Manager of Jiangsu Hengtong Cable Technology Co., Ltd., the Chief Engineer Lu Xin accepted the interview of "Network Telecom"’s reporter, and described the blueprint for Hengtong’s layout of IOT.
FiberHome Starts Tour Show for New Server Products
On December 5th, with the subject of “More than Powerful”, FiberHome started the tour show of FiberHome’s new server products, at the first stop in Chengdu, China. This tour show promotes the new generation FitServer® V5 servers, with adoption of the brand new Purley platform by Intel.
YOFC Ushers in 3rd Anniversary of Being Listed – Strive ahead to Win the Future!
On December 10, 2014, Yangtze Optical Fibre and Cable Joint Stock Limited Company (hereinafter referred to as YOFC, stock code: 6869.HK) was officially listed in HKEX, becoming the first and sole domestic company listed in Hong Kong which is specialized in the optical fibre preform, fibre and optical fibre cable. Through three years of feats, winged by investment, YOFC realizes sustainable and stable development, brings enormous earning to the investors. Today, YOFC welcomes the arrival of the third anniversary of being listed.
This time is Cambodia! Hengtong signed a $200 million photovoltaic EPC project
On December 8th, Hengtong Optic-electric announced that it has signed Cambodian 200MW photovoltaic EPC project contract with Inner, with the total amount of $200 million. According to the announcement, the total installed capacity of the photovoltaic project is 200MW, which is composed of two EPC contracts. The installed capacity of each EPC contract is 100MW, for which the amount is $100 million, and the total amount is $200 million.
 
 
Tech
Hengtong:Application of Basalt Fiber Yarns and Rods in Optical Fiber Cables And Experimental Verification
YOFC:Single-Mode Fiber with Ultra-Low-Loss and Large-Effective-Area
Fiberhome:FiberHome FONST 6000 Large-capacity POTN Equipment Cater toultra-100G Era
DSM:DSM Introduces High Efficiency DeSolite® Coatings for Optical Fiber
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