Technology Trends AP

SoftBank and Huawei's Wireless X Labs sign ‘Connected Robot’ MoU

Japan's SoftBank and Huawei's Wireless X Labs recently signed a memorandum of understanding (MoU) regarding connected robots. SoftBank plans to offer Cube and Kibako (automated cube robots), while Huawei provides 5G wireless networks. Joint efforts will be conducted to implement 5G-based smart service robots by 2018.

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PCCW Global and DHQ Tech to explore multi-currency ‘Tap & Go’ mobile payment technology

PCCW Global, the international operating division of HKT, Hong Kong's premier telecommunications service provider, and Zhuhai Da Hengqin Science and Technology Development Co., Ltd. (DHQ Tech) will together explore the technological and regulatory viability of promoting multi-currency 'Tap & Go' mobile payment in the Greater Bay Area of Zhuhai, Hong Kong and Macau, in order to boost e-commerce, business trade and tourism in the region.

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China’s online spending reached $967 billion in 2016

Online spending in China has increased by 32 percent per year in the last five years, reaching $967 billion in 2016, according to a new report by the Boston Consulting Group (BCG), which explores what makes China's rapid internet growth unique - and how foreign companies can crack vibrant digital markets.

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