News of Note—Huawei’s profits rise, GE selling assets, Samsung shows smartphone weakness

news of note

Here are the stories we’re tracking today:

> Tencent in China said it will support LoRa. Mobile World Live article

> Qualcomm launched a share-buyback program worth $10 billion. Release

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The Economist Intelligence Unit IoT Business Index 2020: A Step-Change in Adoption

The longest-running business study into the Internet of Things (Sponsored by Arm) reports that devices have reached maturity with accelerating investment, stronger ROI and quicker progression towards extensive deployment.

> Sony reported another loss in its smartphone business. Engadget article

> MVNO Mint Mobile said it will offer a 100% money-back guarantee on its $5 Starter Kits. Release

> GE is selling its digital assets, including its Predix business. The Wall Street Journal article

> Huawei in China reported strong first half profits. Release

> Samsung reported a decline in its smartphone business but a rise in its mobile networks business. Mobile World Live article


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