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Samsung Associates With NEC On Worldwide 5G Business

Samsung Electronics has associated up with NEC Corp., the Tokyo-located global IT infrastructure provider. The partnership explores new 5G business chances in the worldwide market. “5G development on the basis of standardization will assist to pace business development all over the worldwide markets,” claimed President of the Network Services Business Unit and Executive Vice President at NEC, Atsuo Kawamura, to the media in an interview.

“As commercialization of 5G is just around the edge, we are sure that the association with Samsung will carry on solidifying our position as a 5G leader,” Kawamura claimed. The joint venture between NEC and Samsung can assist mobile carriers with flexible 5G services that are localized for every region with customized solutions to meet the demands of mobile carriers.

As 5G will allow business models and unprecedented services, it is predictable for mobile providers to demand flexible network architecture and customized solutions. “5G will open the capabilities, push the limits, and create new values for today’s tech,” claimed Head of Networks Business and President at Samsung Electronics, Youngky Kim, to the media.

On a related note, MobiKwik, the digital transactions company, earlier united with Samsung Pay. Under this partnership users will be allowed to make transactions with a single click using selected Samsung smartphones.

As part of the joint venture, MobiKwik wallet is now incorporated with Samsung Pay Mini to allow one-click transactions at over 1.4 Million MobiKwik-fueled vendors across the nation. The digital transaction company confirmed this information to the media in a statement. Mobile wallet of MobiKwik will also be accessible soon to Samsung Pay consumers, it further added.

“The potential of digital transactions in India will flourish only by working together with different ecosystem associates to boost acceptance. Almost more than 55 Million consumers and 1.4 Million vendors will have advantage from this joint venture,” Daman Soni, Head of Growth at MobiKwik, said to the media in a statement.