‘No extra costs for second 5G network’

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SEOUL (Reuters) - Samsung Electronics estimated on Friday a more than 15-fold rise in its second-quarter operating profit, as rebounding semiconductor prices driven by the artificial intelligence boom lifted earnings from a low base a year ago.

Good synergy: Fahmi witnessing the MOU exchange between MCMC chairman Tan Sri Mohamad Salim Fateh Din and Mida CEO Sikh Shamsul Ibrahim Sikh Abdul Majid. — Bernama

The MCMC has been tasked with selecting a mobile network service provider to develop Malaysia’s second 5G network, commencing with the AIP process on July 1, Bernama reported. He said the contribution of 5G to the national economy is also expected to boost the gross domestic product by creating new services and industries, developing new business models, and increasing productivity and efficiency across various touchpoints.

 

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