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GlobalFoundries Reached a Final Agreement with a Chinese Wafer Fab

In its financial report for the second quarter of 2025 released yesterday local time, GlobalFoundries announced that as part of its “in China for China” strategy, it had reached a final agreement with a local wafer foundry in China to provide reliable supply for its customers in Chinese Mainland. GlobalFoundries stated that under the framework … Continued

Ericsson Plans to Invest in Intel NEX Spin off Business

According to sources familiar with the matter, Ericsson is in talks to invest in Intel’s Network and Edge (NEX) business. This department produces 5G chips based on x86 architecture, and Intel will maintain its anchor investor status after announcing the spin off. Several analysts have told Fierce Network that Ericsson is not the only vendor … Continued

Hollow-Core Fiber Company Relativity Receives $6.1 Million in Seed Financing

Recently, Relativity Networks announced the completion of a seed round financing of $6.1 million, with investors including Prysmian, GOVO Venture Partners, and new and existing investors who have participated in the company’s pre Series round. This financing brings the total financing amount of Relativity Networks to $10.7 million, further verifying its ability to scale the … Continued

OpenAI Still Faces Financial Pressure Despite Rapid Growth

AI is an important supporting force for this round of rising US stocks. However, the market has always been uncertain about the profitability of AI companies, and many pessimists believe that the market is falling into a huge AI foam. According to industry insiders, OpenAI, as a leading player in the artificial intelligence industry, has … Continued

Ericsson Collaborates with 12 Telecom Operators to Establish Aduna, promoting Global Network APIs

Ericsson announced that 12 global communication service providers (CSPs) have completed equity investments in its subsidiary Aduna, officially becoming a 50:50 joint venture. The purpose of Aduna’s establishment is to integrate and sell aggregated network application programming interfaces (APIs) globally. Since the agreement was signed on September 11, 2024, the company has been operating. At … Continued

Vietnam Launches New 700MHz Spectrum Auction

The Vietnamese Ministry of Science and Technology (MST) announced that it will once again auction off two “diamond spectra” within the 700MHz frequency band used for 4G and 5G mobile communication. The auction frequency bands are 703-713MHz and 758-768MHz (B1-B1), as well as 723-733MHz and 778-788MHz (B3-B3). Last year’s first auction failed due to insufficient … Continued

Google Adds 10 Billion Capital Expenditure to Accelerate Data Center Construction

Alphabet Group is fully committed to advancing its data center expansion plan. As the outstanding orders for its cloud business exceed $100 billion, the company announced that it will increase its capital expenditures for the year 2025. Chief Financial Officer Anat Ashkenazi stated during the earnings conference call that the company plans to increase capital … Continued

Ekinops Establishes Partnership with Auroz Australia

Ekinops, a leading provider of optical transmission and network access solutions focused on providing services for enterprise trusted connections, recently announced the signing of a distribution agreement with Auroz Pure Distribution, a local distributor in Australia. Auroz focuses on the distribution of unified communication and video conferencing hardware, software, support, and services. The OneAccess innovative … Continued

Switch Raises $10 Billion to Accelerate AI Data Center Layout

Data center operator Switch announced an expansion of its borrowing base and revolving credit line to $10 billion. This is an important component of the $20 billion funding raised by the company since 2024 through sustainable financing structures such as sustainable development linked loans and green loans. The total amount of this financing includes the … Continued

Conexon Connect Builds 3500-Mile Fiber Optic Network

Conxon Connect, an Internet service provider owned by Conxon, a leader in rural fiber broadband in the United States, announced the completion of its largest FTTH project to date. This project, in collaboration with the Central Georgia EMC Power Cooperative in Jackson, Georgia, marks the completion of Connect’s eleventh project, with a total fiber optic … Continued

Mediacom Reveals HFC Network Upgrade Plan

Mediacom Communications, the fifth largest cable television operator in the United States, has revealed details of its hybrid fiber coaxial (HFC) network upgrade plan, announcing that it will provide multi gigabit symmetric broadband services to one million households (approximately one-third of existing network coverage) by the end of 2026. At present, the company has completed … Continued

Zayo Europe Collaborates with Ciena to Launch 3000-kilometer Fiber Optic Network in Germany

Zayo Europe has deployed Ciena’s optical technology to launch a new German network covering 3000 kilometers of fiber optic cables in eight core domestic metropolises, including Frankfurt, Munich, Hamburg, Dusseldorf, and Berlin. The network also extends to the 14th key hub in Strasbourg, France. With Ciena’s reconfigurable line system (RLS) and WaveLogic 6 Extreme (WL6e) … Continued