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Samsung Electronics chairman Lee Kun-hee dies aged 78

Samsung Electronics chairman Lee Kun-hee, who transformed the South Korean firm into a global tech titan, died at the age of 78 on Sunday, the company said. Under Lee’s leadership, Samsung rose to become the world’s largest producer of smartphones and memory chips, and the firm’s overall turnover today is equivalent to a fifth of
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Ericsson, Coronavirus

Ericsson posts better-than-expected results

Swedish telecoms equipment maker Ericsson, one of Europe’s key 5G suppliers, reported Wednesday better-than-expected third quarter results on the back of its highest profitability rating since 2006. Ericsson posted a three months to September net profit of 5.6 billion kronor (522 million euros, $622 million) compared with a loss in the same period the previous
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5G, Businesses

Nigeria inches closer to 5G, as NCC mulls multi-sector policy for adoption

…Network to trigger $13.2 trillion sales, services by 2035 By Juliet Umeh Despite the controversies surrounding the fifth-generation network, 5G over perceived relations with the COVID-19 pandemic, Nigeria appears closer to adopting it. This is apparently owing to the huge economic benefits the network has been said to accrue to countries that have adopted it.
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Ex-employee sues Cellulant N529m over ‘wrongful’ termination of employment

By Rasheed Sobowale A former employee of Cellulant Nigeria Limited has sued the company of a sum totalling about N529 million over “wrongful termination” of his employment contract. Also copied in the suit was Cellulant Corporation (the second defendant). The ex-employee, in the suit document signed by his lawyers, Samuel Etuk Esq. and Nseobong Okon
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