PRNewswire

Ericsson's Q3 results show a decline in organic sales and a negative impact on EBITA. The company aims to focus on cost management and operational efficiency in the face of a challenging operating environment. It is continuing its strategy to extend its leadership in mobile networks and grow its enterprise business. Despite market mix shifts, Ericsson's gross margin remained high. The company expects similar market trends in Q4 and plans to reduce costs. Its long-term target of an EBITA margin of 15-18% remains, but it will not provide guidance beyond Q4 2023.

OutSystems held its first executive-only low-code conference in Singapore, connecting customers and IT leaders to discuss the future of application development. The event included a look at new developments with the OutSystems platform, as well as customer use cases and business cases that drive innovation and ROI. OutSystems also highlighted its commitment to leveraging AI and building new systems of the future.

RealTruck acquires Mountain Top, a leading truck bed accessories manufacturer outside North America, for international expansion.

Golden Manor launches "Golden Seasons of Joyful Fruit Preserves Gift Box" showcasing Taiwan's seasonal fruits, expanding internationally.

Maison Fête and Zardi & Zardi collaborate on exclusive European-inspired table linens.

KX partners with SRC UK to provide advanced data management and analytics to the defence sector, leveraging AI and ML technology. The partnership aims to deliver a new standard in data processing and analytics, enabling faster decision-making and reducing costs. The collaboration builds on a successful project with the UK Government, increasing data throughput by 20,000%. KX's technology facilitates real-time, intelligent insights and operates globally. SRC UK specializes in data solutions and analytics, helping clients make data-driven decisions and gain a competitive advantage.

Mabalacat City College in the Philippines partners with Huawei to build smart classrooms for intelligent education. The smart classrooms, equipped with Huawei IdeaHub, enable seamless online and offline communication, interactive teaching, and high-quality education resource sharing. The implementation of smart classrooms has improved teaching effectiveness and quality, and MCC's smart classrooms have become a benchmark for smart teaching in Mabalacat.

Huawei emphasizes the integration of ICTs, such as cloud computing and AI, in education. They propose a "Five Ones" intelligent education solution, which includes one screen, one network, one cloud, one platform, and one portal. Huawei aims to support digital transformation in education and collaborate with the industry to drive high-quality education development.