Japanese telecom gaint Softbank recorded a loss of $350 million for last nine months of 2016 in the fair value of the Company’s investments in India. The loss comes on top of a $555 million writedown on the value of Softbank’s India portfolio in the six-month period ending September 2016. “With reference to the current markdown, portfolio…
Morpho, a global leader in identity and security solutions, and Telit, a global enabler of the Internet of Things (IoT), successfully tested embedded SIM developed by Morpho with Telit’s 2G, 3G, and 4G cellular IoT modules for deployment in an Emergency Road Assistance project in Russia.
The Emergency Road Assistance based on Global Navigation Satellite project has been launched to introduce sensor-based in-vehicle emergency call system that in case of an accident automatically dials an emergency number linked to the nearest emergency center.
“For the automotive market, flexible and secure ways of connecting cars to networks are mandatory. Our embedded security solutions meet exactly these requirements and will enable a whole new set of services for customers,” explained Yves Portalier, Vice President and General Manager, Telecom Business Unit at Morpho. “With our expertise in digital security, Morpho actively supports initiatives to enable cars to become part of the Internet of Things.” Read more