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Ericsson to Invest €155 Million in Advanced Smart Manufacturing Hub in Europe Swedish telecom giant Ericsson plans to invest €155 million to establish a cutting-edge technology and smart manufacturing hub in Europe. The hub, located in Tallinn’s Ülemiste City business park, will integrate four existing establishments in Estonia into a single advanced facility, fostering a…

Samsung, the renowned South Korean tech giant, has recently reported its lowest operating profit in 14 years for the April to June quarter. The company’s earnings guidance reveals a decline in revenue and operating profit by 22.28% and 95.74%, respectively, compared to the same period last year, marking the second consecutive quarter of substantial profit…

The telecommunications magnate in Italy’s B2B market, Retelit, recently welcomed on board Jorge Álvarez as the new Chief Executive Officer and General Manager, taking over from Federico Protto. Protto will remain within the Group transiently, offering his support to the Board of Directors in this transitional period. In moving into this new role, Álvarez steers…