Latest news with #smart solutions
Yahoo
28-07-2025
- Business
- Yahoo
Tuya Inc. (TUYA) co-hosted The Global Telecom AIoT Summit 2025
Tuya Inc. (NYSE:TUYA) is one of the . On May 23, Tuya Inc. (NYSE:TUYA) co-hosted The Global Telecom AIoT Summit 2025 along with T3 Technology and Skyworth in Bangkok. The event's theme was 'New Era of Intelligence for All Industries,' and its goal was to promote smart solutions across industries and speed up digital transformation in Southeast Asia. The company's Co-Chairman and President, Leo Chen, spoke about his decade-long dedication to AIoT. He noted that Thailand's 'Digital Thailand' plan closely matches Tuya Inc. (NYSE:TUYA)'s vision to advance global intelligence. Moreover, the company also unveiled the Southeast Asia Digital and AI Transformation Joint Initiative at the summit. This initiative promotes cooperation among governments, businesses, and research institutions to expand AI use and build a prosperous digital future. A computer engineer working intently on a smart home device. Tuya Inc. (NYSE:TUYA) is a global IoT cloud platform service provider that enables businesses and developers to create smart IoT devices and applications. While we acknowledge the potential of TUYA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Times of Oman
19-07-2025
- Business
- Times of Oman
Mobile service subscriptions in Oman exceed 8 million
Muscat: The latest statistics issued by the National Centre for Statistics and Information (NCSI) show significant growth in Oman's telecommunications sector, driven by the expansion of digital services and increased reliance on smart solutions. Statistics indicated that active postpaid mobile phone subscriptions increased by 5.6 percent, reaching 1,239,509 subscriptions by the end of May 2025, compared to the same period in 2024. Active prepaid mobile phone subscriptions also recorded a growth of 3.1 percent, reaching 5,335,847 subscriptions, while Internet of Things (IoT) subscriptions achieved exceptional growth of 118.7 percent, reaching 1,554,999 subscriptions by the end of May 2025. Statistics show that the total number of mobile service subscriptions in the Sultanate of Oman reached 8,130,355 by the end of May 2025, registering a 15.2 percent increase compared to the end of May 2024. Meanwhile, the total number of active mobile broadband internet subscriptions reached 5,414,124 by the end of May 2025. Statistics show that the number of active subscriptions to fixed broadband internet services increased by 2.6 percent to reach 588,015 subscriptions by the end of May 2025, compared to the same period in 2024. Regarding fiber optic services, they witnessed an 11.4 percent increase, reaching 339,279 subscriptions. Fixed 5G subscriptions also increased by 2.1 percent, reaching 215,850 subscriptions by the end of May 2025, while fixed 4G subscriptions declined by 38.1 percent, recording 19,654 subscriptions. Digital subscriber line subscriptions also decreased by 50.8 percent to 11,806, and satellite subscriptions decreased by 2.1 percent to 653. Other subscriptions—which include internet via power lines, Ethernet, and leased internet lines—also declined by 12 percent, reaching 773 subscriptions by the end of May 2025, compared to the same period last year.
