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Promoted | While connectivity is deemed ubiquitous, and many organisations deem all providers equal, when it comes to the Internet of things the reality is far more complicated.

Samsung Electronics is pouring $116-billion into its next-generation chip business that includes fabricating silicon for external clients, betting it can finally close the gap on industry leader TSMC.

Huawei Technologies is selling its budget brand smartphone unit Honor to a consortium of over 30 agents and dealers in a bid to keep it alive, the company and the consortium said on Tuesday.