Cisco and Ericsson on Monday reported a tremendous new partnership that they believe will bring in $1 billion for each company by 2018. Cisco is considered a pioneer in things that are associated to PC networking and is especially strong in selling its gear to market corporations and Government too.
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Running short of dramatically new phone designs, leaders of the world's wireless industry agree their next big idea is 5G, shorthand for the fifth generation of networks they expect to have up and running by 2020.
When popular Chinese handset maker Xiaomi Inc admitted that its devices were sending users' personal information back to a server in China, it prompted howls of protest and an investigation by Taiwan's government.
The mobile carriers' connections for devices like cars, smart watches and thermostats are expected to increase to 250 million this year from last year's 195 million, Bloomberg reported.