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Category Archives: Macau

Trend Micro Innovations Shape the Automotive Cybersecurity Industry – Macau Business

Posted: June 15, 2022 at 6:42 pm

Strong market demand and business incubation drives connected vehicle security solutions

HONG KONG SAR Media OutReach 15 June 2022 Connected cars provide plenty to entice threat actors, with more than 400 million predicted to be on the roads globally by 2025. Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced VicOne, dedicated security for the electric vehicles and connected cars of today and tomorrow.

This innovation is the latest addition to Trend Micros long history of incubating successful business ideas to bring the best security offerings to market.

At Trend Micro, we are driven by the desire to secure the connected world. As we focus on this mission, it is imperative that we free ourselves to explore the various new business models that fit the new supply chain, said Eva Chen, CEO, and co-founder of Trend Micro. With VicOne, we anticipated an urgent OEM need for enhanced automotive cybersecurity. Built with the best of Trend Micro innovation, it will offer tremendous value to the industry.

Electric vehicles are increasingly exposed to remote digital threats across a range of new attack scenarios. Original Equipment Manufacturers (OEMs) and suppliers must urgently build comprehensive cybersecurity protections into their ecosystem to comply with the new United Nations regulation, WP.29 (UN R155).

Vehicle security operations centers (SOCs) are a vital step for carmakers looking to comply with regulatory measures by offering enhanced threat detection and response for software-defined vehicles. VicOnes security operations center integrates Microsoft Azure IoT services to collect telemetrics and other important security information from connected automobiles and uses Azure data services to analyze security threats and breaches.

Cybersecurity is an integral part of the electric vehicle (EV) ecosystem. Microsoft provides a comprehensive and open platform service with a zero-trust mindset, said Soren Lau, General Manager of Asia and EMEA, IoT Partner Solutions at Microsoft. We look forward to working with Trend Micro and VicOne to enable end-to-end security solutions for telematics and EVs through Microsoft Cloud and AI features within Azure IoT services.

Gartner also suggests the automotive industry should partner with cybersecurity experts who can assess and propose a broad range of countermeasures. Be future-oriented and avoid doing the minimum to mitigate all threats listed by the regulation doing so will lead you to continually playing catch-up to keep pace with cybercriminals[1].

As part of these efforts, Trend Micro has formed a strategic partnership with MIH Consortium, an open EV platform alliance led by Foxconn, and has recently joined the Scalable Open Architecture for Embedded Edge (SOAFEE) initiative, which aims to provide a cloud-native architecture for the development of software-defined vehicles. These moves cement Trend Micros position at the heart of vehicle supply chains, as industry stakeholders invest more time and resources into cybersecurity compliance.

The software-defined vehicle is the future of the global automotive industry and a driving force in accelerating the development of innovative automotive technology applications, said Dipti Vachani, SVP and GM, Automotive and IoT Line of Business, Arm. By joining other leaders across the automotive industry as a new member of SOAFEE, VicOne is bringing important expertise in security standards to help ensure a safer future for the automotive industry.

VicOne will offer end-to-end security solutions for the automotive ecosystem, including the enablement of security by design, risk management, as well as threat detection and response. The combined power of a vehicle SOC, security over-the-air, in-vehicle security, penetration testing-as-a-service, and automotive vulnerability management will help analysts see more and respond faster to incidents.

To find out more about VicOne, please visit: https://www.vicone.com/

Designed to support large-scale connected car deployments, VicOne supports the cybersecurity of a vehicle throughout its life cycle. Leveraging over 30 years of cybersecurity experience from Trend Micro and the expertise of more than 10,000 independent researchers through the Zero Day Initiative, VicOnes cybersecurity solutions will use the latest technologies like machine learning, behavior monitoring, and detection and response to help secure connected cars. https://www.vicone.com/en

Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micros cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 65 countries, Trend Micro enables organizations to simplify and secure their connected world. http://www.trendmicro.com.hk

#TrendMicro

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The two black women bidding to make VP history in Colombia – Macau Business

Posted: at 6:42 pm

For the first time, Colombia will have a black woman vice president, as voters decide Sunday between a pair of rival candidates aiming to make history in the South American nation.

Colombians head to the polls for a run-off to choose their new president, either leftist former guerrilla Gustavo Petro or eccentric millionaire construction mogul Rodolfo Hernandez.

Both men have named a woman running mate with African roots.

Environmentalist Francia Marquez, 40, is running alongside Petro, with Hernandez having chosen conservative academic Marelen Castillo, 53.

Whichever one replaces outgoing Vice President Marta Lucia Ramirez the first woman to hold the position will break new ground as the first person of African descent named to the post.

In political, symbolic and cultural terms it is very important because Colombia is a country with a lot of racism, Cristina Echeverri, an analyst from the National University, told AFP.

Just over nine percent of Colombias 50 million people identify as black but few, especially women, manage to reach positions of power.

There is only one black person in the current cabinet and just two out of almost 300 members of Congress.

Marquez was born into a poor family in the southwestern department of Cauca a region ravaged by violence linked to armed groups battling over drug trafficking and illegal mining resources.

A single mother at just 16, she fled her native region following threats and went to work as a maid while studying law.

But she returned home to take part in local politics and can often be seen frequenting public squares in her African print clothing, defending the marginalized.

Marquez has made headlines with her feminist, environmentalist and leftist speeches, but she has also made enemies.

She survived an attack in 2019, when gunmen tried to kill her due to her defense of the regions water resources in the face of encroachment by mining companies.

The year before that she was awarded the prestigious Goldman environmental prize.

Us nobodies, those whose humanity is not recognized, those whose rights are not recognized in this country, were standing up to change history, to occupy politics, Marquez told AFP in March.

In that months left-wing primaries, Marquez finished second behind Petro, who duly named her his running mate.

She represents the environment, the ethnic, the racial, the youth, the feminist and is thus oxygenating traditional politics, said Echeverri.

But her rise has awakened an underlying bigotry, with the Racial Discrimination Observatory at Los Andes University recording more than 1,000 racial attacks against Marquez since April.

The daughter of a black dressmaker and a civil servant, Castillo was born in a poor neighborhood of Cali.

She studied biology, chemistry and industrial engineering before taking a doctorate at Nova Southeastern University in Florida.

A month ago, maverick outsider Hernandez still had not announced who his running mate would be.

When the 77-year-old businessman advertized he was looking for an Afro-descendent woman from the Pacific coast, university director Castillo sent her CV.

Us perfect strangers are the most numerous, she quipped.

Although she identifies as being of African descent, mother-of-two Castillo says she has never faced racial discrimination and avoids the topic in interviews.

Shes had her work cut out on the campaign trail mitigating the damage done by Hernandezs gaffes, such as when he said women ideally should bring up children and take care of the home.

I will be the face that will support women, said Castillo, who is Catholic.

She has also embraced the anti-corruption message trumpeted by Hernandez, who has his own legal troubles.

Hernandez is under investigation for an allegedly irregular contract signed while he was mayor of Bucaramanga from 2016 to 2019.

Unknown a month ago, Castillo could realistically find herself promoted to the presidency if Hernandez wins but is then stripped of his position for corruption.

Whoever the new vice president is, though, she will have a critical and pertinent role in the exercise of power, said Diego Lucumi, an expert in racial issues at the Los Andes university.

That in itself is a big step for black women in Colombia.

by Lina VANEGAS

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Spain bakes on fifth day of early heatwave – Macau Business

Posted: at 6:42 pm

Spains second heatwave in less than a month dragged on Wednesday for a fifth day, with temperatures expected to top 40 degrees Celsius in parts of the country as the mass of hot air pushed into France.

Almost all of Spain was affected, with nine of the countrys 17 regions on orange alert, the second highest level possible, Spains meteorological agency AEMET said.

Temperatures were set to hit 41 degrees Celsius (105.8 degrees Fahrenheit) in Badajoz in the southwest, 40 in Seville in the south and 39 in Madrid, sizzling conditions more common in mid-summer than the first half of June.

The heatwave has produced temperatures between 7C and 12C higher than the average for this time of the year since it started on Saturday, said AEMET spokesman Ruben del Campo.

This is a very unusual situation. These temperatures are not normal in mid-June, he added.

Scientists say heat waves have become more likely due to climate change. As global temperatures rise over time, heat waves are predicted to become more frequent and intense and last longer, and their impacts more widespread.

The authorities urged residents to drink plenty of water, reduce physical activity and stay in cool places as much as possible.

The head of the regional government of Andalusia, in the hard-hit south, said the scorching temperatures were a sign that climate change is an absolute reality.

In Andalusia, the effects are very rough, he added.

Temperatures are expected to ease over the weekend. The extreme weather, which arrived on a wave of hot air from north Africa, is headed for southwest France.

National forecaster Meteo France has warned temperatures could peak above 40C in the south-west between Thursday and Saturday, with the entire country set to experience a hotter-than-usual spell.

Spain also grappled with a heatwave at the end of May, with temperatures up to 15C above the seasonal average.

Last month was Spains hottest May since the beginning of the century.

bur-ds/CHZ/jm

Agence France-Presse

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Rally in Turkey as groups fight for women’s rights in court – Macau Business

Posted: at 6:41 pm

Hundreds of people rallied outside Turkeys highest administrative court on Tuesday as it examines a case hoping to overturnthe countrys withdrawal from an international treaty protecting womens rights.

Feminist groups, human rights campaigners and representatives of bar associations across Turkey again called for the withdrawal from theIstanbul Convention to be scrapped.

President Recep Tayyip Erdogan pulled Turkey out of the Convention last year. Social conservatives in the country claim it promotes homosexuality and threatens traditional family values.

There have been many legal attempts to cancel the withdrawal, and groups including political parties and NGOs have taken the case to Ankaras Council of State.

Outside, demonstrators shouted: We dont give up because we are right! and The Istanbul Convention gives life to women! as they paraded purple banners, the colour of the feminist movement in Turkey.

Turkeys withdrawal from the Convention is contrary to basic human rights and democracy. We are telling the Council of State this today, said Yelda Kocak, a lawyerand member of the Womens Platform for Equality group.

The Istanbul Convention requires countries to set up laws aimed at preventing and prosecuting violence against women.

Campaigners believe the withdrawal has left women in Turkey more vulnerable to violence.

The We Will Stop Femicide Platform said 166 women have been killed in Turkey so far this year, the majority by family members. There were 423 such killings last year.

The Council of State hearing was still under way on Tuesday afternoon.

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Gambia moves to suspend officials accused of rights violations – Macau Business

Posted: at 6:41 pm

The Gambia is suspending state employees accused of rights violations during ex-dictator Yahya Jammehs regime, including senior members of the countrys security forces, a justice ministry spokesperson said Tuesday.

The move marks a significant step forward in the countrys transitional justice process.

The ministry has written to the employers of those concerned to notify them of their suspension, spokesman Kimbeng Tah told AFP Tuesday.

It expects confirmation of the suspensions in the coming days, he said.

The commander of the police forces Anti-Crime Unit, Gorgui Mboob, and the Drug Law Enforcement Agencys director of operations, Ebrima Jim Drammeh, are among those named.

A truth commission that investigated alleged crimes committed by the state under the now-exiled leaders 22-year rule accused dozens of current and former state personnel of a litany of abuses.

Members of the police, the army, the intelligence services and the prison services were among those accused of offences including torture, sexual violence and extrajudicial killings.

The move is one of the first concrete actions taken to implement the truth commissions recommendations.

Reed Brody, a lawyer with the International Commission of Jurists who works with Jammehs victims, welcomed the news.

Its a tangible, concrete step by the government, he said.

On May 25, the government accepted all but two of the 265 recommendations made in the commissions final report, tabled late last year.

Those included recommendations to prosecute Jammeh himself for a swathe of crimes, from raping a beauty queen to using death squads.

He is also accused of ordering the murder of the AFP journalist Deyda Hydara and administering bogus HIV treatment programmes.

Jammeh is living in exile in Equatorial Guinea, which has no extradition treaty with The Gambia.

Victims groups have urged authorities to do more to extradite the ex-president for prosecution.

Government spokesman Ebrima Sankareh last week told AFP that authorities had hired foreign and Gambian lawyers to outline next steps for a trial, which could begin by the end of the year.

The government has already said it will prosecute all 70 alleged perpetrators named in the Truth, Reconciliation and Reparations Commissions twice-delayed report.

That includes former vice president Isatou Njie-Saidy and members of the so-called Junglers hit squad.

The authorities have also begun working on a reparations bill.

Jammeh was forced into exile in early 2017 after his shock electoral defeat to current President Adama Barrow and a six-week crisis that led to military intervention by other West African states.

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Big Attraction On A Small Scale: Mini Macau Recreates Destination City In The Metaverse – The Florida Star

Posted: June 11, 2022 at 1:33 am

Unable to travel to the Far East? Go virtually.

Mini Macau, a new initiative built on The Sandbox Game platform, targets digital tourists unable to visit major resort areas, given COVID restrictions.

Mini Macaus virtual terrain includes many well-known tourist landmarks in the autonomous region in southern China, including the Macau Tower, The Senado Square, Ruins of St. Pauls and the Ah Ma Temple, dating back to 1488.

Macau, one of the earliest European colonies in Asia, is a small narrow peninsula that projects from the mainland coastal province of Guangdong. Chinese and Portuguese are spoken; the official language of the country of nearly 700,000 is Macao. Gambling is a mainstay there and though smaller, Macaus haul is much larger than Las Vegas. The gaming revenue of Macau and Vegas in 2020 was $7.57 billion and $3.61 billion, respectively, according to Luxury Lifestyle magazine.

Initially released on The Sandboxs Game Maker gallery, Mini Macau is Asia Pioneer Entertainment Holdings Ltd.s newest metaverse experience.

Not familiar with the metaverse? Heres a handy definition from Investopia: Its a digital reality that combines aspects of social media, online gaming, augmented reality (AR), virtual reality (VR), and cryptocurrencies to allow users to interact virtually. Augmented reality overlays visual elements, sound, and other sensory input onto real-world settings to enhance the user experience. In contrast, virtual reality is entirely virtual and enhances fictional realities.

As the metaverse grows, it will create online spaces where user interactions are more multidimensional than current technology supports. Instead of just viewing digital content, users in the metaverse will be able to immerse themselves in a space where the digital and physical worlds converge.

The introduction of Mini Macau marks APEs maiden venture into the metaverse via Sandbox, said Tony Chan Chi Lun, CFO-executive director of APE Holdings. We are thrilled to welcome Choi Heong Yuen Bakery, Seng Fung Jewelry and O Junco de 9 Jades restaurant as part of our Mini Macau.

Virtual mini-stores have been constructed to demonstrate our partnership with actual Macau retail brands. To engage players/digital tourists, APE created two skill-based games: the Fortune Cookie treasure hunt and Avoid the Tourist activities, said Lun.

Players who complete these challenges are eligible for Macau-redeemable rewards. We intend to increase Mini Macaus advertising and online-to-offline booking/commerce options to other Macanese brands, he said.

Mini Macau also serves as a template for the future development of Resortverse, APEs own metaverse travel and hospitality platform.

APE Holdings intends to incorporate actual resorts and tourism spots into its Resortverse and give a platform with gamification and prizes. (There are 49 casinos and 75 hotels in Macau.) Its travel and hospitality metaverse platform will enable resorts and retailers to interact with digital travelers through online gamification and to offer offline rewards and coupons that will benefit their companies, Lin said.

A rise in virtual travel through an immersive metaverse would increase foot traffic to actual resorts and tourist locations. Lin anticipates launching the Resortverse travel and hospitality platform before the end of this year.

Produced in association with MetaNews.

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Macau to host first-ever luxury goods expo in partnership with Hengqin – Macau Daily Times

Posted: at 1:33 am

Macau will host its first-ever exhibition dedicated to premium quality and luxury goods in September this year. The event was unveiled yesterday at a press conference held at the Venetian Macao.

During the press conference, organizers revealed that the event will also include a series of discussions titled Hengqin Global Bay Areas Forum, which aim to continue to reinforce the partnership between Macau and Hengqin according to the plans outlined by the Central Government of the Peoples Republic of China in the Master Plan of the Development of the Guangdong-Macau In-Depth Cooperation Zone in Hengqin.

As drafted, goals have been set for the holding of an international premium-quality consumer goods expo and a world bay area forum, as well as to establish a convention and exhibition platform with influence across the globe.

Another of the goals outlined in the plan aims to support cooperation between Guangdong and Macau to establish a quality imported consumer product trading center and create an industrial ecosystem for trading quality consumer goods.

According to Zhang Jingsong, Director-General of the Department of Commerce of Guangdong Province, these aims highlight a new set of opportunities for Macau to play a role in hosting or co-hosting the type of events that aim to attract clientele from China and other parts of the world.

Addressing the establishment of the first China-Macau High-quality Consumption Exhibition (CHCE) via a recorded video, Zhang said that there is good reason to believe that, with the advantages of Macaus opening up to the world, the huge consumer population and market advantages of Guangdong and [all of] China, as well as giving full play to the synergistic effect brought about by the Greater Bay Area and the China (Guangdong) Pilot Free Trade Zone, the first CHCE will achieve complete success, opening the door to the possibility of international visitors being received from September this year.

Previously, Song Xiaodong, vice president of event organizer Nam Kwong Group, had noted the companys role as a state-owned enterprise in Macau in adhering to its mission of organizing the event for the first time by cooperating with the Trade Development Bureau of the Ministry of Commerce and the Department of Commerce of Guangdong Province.

The event will take place from September 7 to 11 in two parts, with the forum to run on September 7 and 8 and the CHCE to run from September 9 to 11.

While the latter will be hosted at the Venetian Macao Cotai Expo and Shoppes at Four Seasons, the forum will be held in Hengqin, at the Guangdong-Macau In-Depth Cooperation Zone. This forum will focus on a range of topics, including high-quality lifestyle in the Greater Bay Area, consumer trends, cross-border e-commerce, political benefits of the cooperation zone, as well as economic development in the post-pandemic era. Scientific and technological innovation, finance, accommodation, big health, sports and leisure, and the development of cultural tourism and the MICE industry are also part of the extensive program of debates, Q&A sessions, and keynote speeches.

Explaining the three main characteristics or features of the CHCE, Wu Zhengping, Director-General of the Trade Development Bureau of the Ministry of Commerce said in a pre-recorded speech that the CHCE will follow a model that includes an innovative mode (adopting the one exhibition, two places model to combine the advantages of Macaus system, software and hardware facilities, and provision of international services with the advantages of the Guangdong-Macau In-Depth Cooperation Zone in Hengqin), high-end positioning (establishing an international expo based in the Greater Bay Area and geared to the world) and being environmentally diverse (connecting upstream and downstream industry chains and creating a business + consumption + industry ecosystem and creating an exhibition and sales platform to promote both the domestic and international consumption cycles).

Also speaking on the topic, Wilfred Wong, president of Sands China Ltd, said that the first CHCE would be different from other large-scale expos by integrating both B2C (business-to-customer) and B2B (business-to-business) marketing models, allowing consumers to conduct transactions directly on site.

Wong also noted that the CHCE will be held on a significant date, celebrating the first anniversary of the establishment of the cooperation zone, and expressed his hopes that it will contribute to help Macau better integrate into the overall national development and lay a solid foundation for its economic recovery after the pandemic.

Its no coincidence that the event also falls in the week of the mid-autumn festival, one of the most important celebrations in the annual Chinese traditional events calendar.

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10 fined over RM3mil linked to Macau scam – The Star Online

Posted: at 1:33 am

KUALA LUMPUR: Ten men have been fined RM1,000 each by an Ampang Magistrates Court for failing to explain why they had a sum of RM3.14mil in their bank accounts. The money originally belonged to a 31-year-old private school teacher.

Magistrate Normaizan Rahim passed the sentence on contractor Mohamad Saifuddin Ismail, 29; lorry driver Mohammad Anas Kamarudin, 31; security guard Muhammad Ariff Ahmad Tajuddin, 29; technician Muhamad Helmi Ahmad, 39; and fisherman Mohd Syukur Maula Muhamad Desa, 32, after they pleaded guilty to the charge.

The others who pleaded guilty were security guard Mohd Hafiz Kamis, 38; trader Muhammad Ikhwan Iswandy Ramli, 38; odd job worker Mohd Nizam Mat Jasat, 51; construction site supervisor Khairul Mizan Mohamad Johari, 31; and contractor S. Vikneswaran, 29.

The court also ordered all of them to serve three months in jail if they failed to pay the fine.

The men charged separately were accused of not being able to give a satisfactory explanation on how they obtained the money.

The offences were committed at two banks in Ampang between Feb 2 and April 4.

The charge under Section 29(1) of the Minor Offences Act carries a maximum fine of RM1,000, imprisonment of up to one year or both, upon conviction.

According to the statement of facts, the complainant received a phone call from a man, who introduced himself as the chief operating officer from the Inland Revenue Board and said the complainant had 15-month tax arrears totalling RM17,600.76 linked to Syarikat Trillion Star Enterprise, a company registered under the complainants name.

When the complainant denied the matter, the call was connected to other men who introduced themselves as Inspector Faisal Amir and Kedah operations police chief Datuk Rizal and claimed that the complainant was involved in money laundering using a Public Bank account belonging to the complainant.

The complainant then followed the suspects instructions and opened a new bank account and gave his banking details to the suspect.

Investigations showed that the complainants money was transferred into bank accounts belonging to the 10 men.

During mitigation, National Legal Aid Foundation lawyer Mohd Faiz Fahmy Abdul Razak, who represented all 10 accused, asked for a minimum fine without jail time for all of his clients as they needed to support their families.

In this case, my clients are also victims and they did not realise their bank accounts were used by a third party.

They did not receive any benefits from the losses suffered by the complainant, the lawyer said.

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Shots fired, three injured in Hong Kong triad clash – Macau Business

Posted: at 1:33 am

A machete-wielding gang attacked a rival group in one of Hong Kongs busiest nightlife districts in the early hours of Friday, with the clash leaving one man with a gunshot wound and two othersinjured, police said.

Dramatic dashcam footage, showing men armed with knives jumping out of a car and attacking a nearby vehicle before abruptly turning and fleeing, has been widely circulated.

Senior superintendent Tony Ho said the incident was a case of retaliation between two organised crime groups known as triads over the splitting of profits from criminal activities such as drug trade and illegal gambling.

The incident was instigated by two triad groups, they have been at each others throats for quite some time, Ho told reporters, adding that four men had been arrested.

Threecars belonging to one gang were waiting at a traffic light when they were attacked by at least eight assailants, Ho said, but the ambush was quickly repelled.

At least twoshotswerefiredagainst the instigators, the superintendent added, though no details were given on the shooters identity.

Earlier in the day, a section of the road near the popular Lan Kwai Fong area was cordoned off by armed officers, as they searched a Lexus with its side and front crumpled in for evidence.

A dashcam video, whose location, timestamp and events match police descriptions of the clash, emerged Friday, though AFP was unable to trace the footages exact origin.

The video shows a line of vehicles stopping at a traffic junction, when assailants brandishing machete-like knives spring out of a car that appears to be the Lexus left at the scene on Friday, and start attacking an adjacent white car.

As the men begin the assault, a black van positioned behind the white car rams into the attackers car, hitting at least two of the assailants before speeding away from the scene.

Several other men with knives run into frame, but after pressing on with the attack for a few seconds, most of the perpetrators abruptly turn around and flee the scene.

Police received reports of the clash at 2:40 am local time (1840 GMT) and arrived at the scene to find six men, all belonging to the group that started the attack.

Officers arrestedthreeof them, aged between 23 and 42, for attempted wounding and possession of offensive weapons, and also arrested a 36-year-old after he was taken to hospital with a leg injury.

Of the two remaining men, one 25-year-old was undergoing surgery on Friday afternoon due to a gunshot wound to the abdomen and a 30-year-old was wounded in the head.

One 9mm bullet which may have beenfiredfrom a semi-automatic pistol, one bullet casing and nine knives were found at the scene, according to police.

Superintendent Ho said police were trying to recover the firearm used, but added that the public should not be alarmed over a single, isolated incident, pointing out that gun crimes in Hong Kong remain rare.

A couple of hours after the attack, police found the burnt-out wreckage of a car in the rural area of Pat Heung, which is suspected to have belonged to the gang under attack.

Hong Kongs triads trace their origins to 19th-century Chinese fraternal organisations.

While they have little of the power of their heydays in the 1970-90s, they remain present in the city, especially when it comes to extortion and smuggling rackets.

by Holmes CHAN

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Shanghai home to over 51,000 5G base stations – Macau Business

Posted: at 1:33 am

Chinas financial hub Shanghai had built 51,716 5G base stations by the end of April, with 20.8 5G base stations per 10,000 residents, local authorities said on Friday.

In terms of 5G network construction, the average annual growth rate of 5G base stations in the metropolis has exceeded 65 percent in recent years, and as of April, Shanghai had built 8.2 5G base stations per square km, according to the Shanghai Communications Administration.

Since June 2019, telecom enterprises in Shanghai have accelerated their investment in 5G. Fixed-asset investment of telecommunications operators in Shanghai had reached 37.56 billion yuan (about 5.59 billion U.S. dollars) by April, with 5G investment amounting to 12.3 billion yuan, accounting for 32.8 percent of the total, it said.

As of April, the Shanghai branches of China Telecom, China Mobile and China Unicom the three major telecom operators had more than 9.3 million 5G mobile phone users, accounting for 21.3 percent of the total, it added.

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