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World markets dive as Trump sparks trade, North Korea worries

Global stocks sank Wednesday after US President Donald Trump said he was not satisfied with talks that are aimed at averting a trade war with China. Equities were also dented by poor eurozone economic data, and as Trump cast doubt on a planned summit with North Korean leader Kim Jong Un. “Trump (is) continuing to drive uncertainty over global trade,” said analyst Joshua Mahony at trading firm IG. “European markets are following their Asian counterparts lower, as a pessimistic tone from Trump is compounded by downbeat economic data,” he added. Markets had surged Monday after US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He said they had agreed to pull back from imposing threatened tariffs on billions of dollars of goods, and continue talks on a variety of trade issues. However, Trump has declared that he was “not satisfied” with the status of the talks, fuelling worries that the world’s top two economies could still slug out an economically pain...

Smile Communications, Mediatek to launch latest voice over LTE smartphones in Africa.

Smile Communications and MediaTek have teamed up to bring the latest VoLTE smartphones to customers in Nigeria, Uganda, Tanzania and the Democratic Republic of Congo (DRC).
This follows validation of the MediaTek 4G VoLTE (Voice over 4G LTE) solution on the Smile network. Smile is one of Africa’s leading providers of fast, reliable mobile voice and data services on 4G LTE and MediaTek is one of the top two global providers of 4G LTE chipset platforms to smartphone makers.
4G VoLTE is a voice technology for high-definition (HD) voice and video communications over a 4G LTE network.Compared to traditional 2G and 3G networks, VoLTE allows consumers to benefit from superior voice, video and data services on single device and a single data plan.
It gives customers the choice of using their data for any service they want including voice and video, allows for faster connection of traditional calls and improves call quality.
Ahmad Farroukh, Smile group executive director Operations, said : “Affordability and superior technology are the key factors for a successful rollout of 4G VoLTE. That’s why we have combined Smile’s world-class 4G LTE technology with the MediaTek Helio chipset and MediaTek powered smartphones.
“Our collaboration with MediaTek will help ensure seamless voice, data and SMS services over LTE with dual-SIM, affordable smartphones on
MediaTek’s Helio platform. This will enable our customers to benefit from richer, more reliable services, clearer voice calls, and value added benefits as they use our bundled VoLTE smartphones.
It is in line with our commitment to offering affordable smartphones with competitive specifications and data, voice and SMS bundled as a single offer for customers in every market segment.”
MediaTek’s in-house IP Multimedia Subsystem IMS stack supports all major functions for IMS servers and operator add-ons and is tested with operators to ensure the highest quality experience for users. Its VoLTE smartphones deliver stable quality voice calls with high data transfer rates, offering consumers the best internet and voice calling experiences.
Dominique Friedl, Director of Corporate Sales for South and Sub Saharan Africa at MediaTek, said: “VoLTE is recognised as the industry-agreed progression of voice services, enabling operators to make more efficient use of spectrum than traditional voice, eliminating the need to have voice on one network and data on another, and unlocking new revenue potential. We are delighted to work with Smile as it uses this technology to leapfrog legacy mobile voice solutions and provide customers with a new-age user experience.”

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