Shares of Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) ended Wednesday session in green amid volatile trading. The shares closed up +0.58 points or 1.96% at $30.50 with 8.10 million shares getting traded. Post opening the session at $30.09, the shares hit an intraday low of $30.05 and an intraday high of $30.56 and the price vacillated in this range throughout the day. The company has a market cap of $153.91 billion and the numbers of outstanding shares have been calculated to be 25.93 billion shares.
Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (TSM) engages in the computer-aided design, manufacture, packaging, testing, sale, and marketing of integrated circuits, color filters, and other semiconductor devices. The company is also involved in manufacturing masks; and wholesaling and retailing electronic materials. In addition, it provides marketing and engineering support services; and customer service and technical support services, as well as sells electronic parts and solar related products. The company operates in Taiwan, the United States, Asia, Europe, the Middle East, Africa, and internationally. Taiwan Semiconductor Manufacturing Company Limited was founded in 1987 and is headquartered in Hsinchu, Taiwan.
Shares of Nokia Corp (ADR) (NYSE:NOK) ended Wednesday session in green amid volatile trading. The shares closed up +0.09 points or 1.55% at $5.58 with 8.01 million shares getting traded. Post opening the session at $5.53, the shares hit an intraday low of $5.50 and an intraday high of $5.58 and the price vacillated in this range throughout the day. The company has a market cap of $32.36 billion and the numbers of outstanding shares have been calculated to be 5.77 billion shares.
On Sept. 19, 2016 Nokia is to extend its application of Mobile Edge Computing (MEC) so enterprises can take advantage of applications using low latency, business-critical mobile broadband networks to satisfy all their communications needs, enhance operations and reduce costs.
Nokia’s Mobile Edge Computing platform will extend the possibilities of the connected world to myriad enterprises such as warehouses, factories, transportation hubs, campuses and hospitals, connecting personnel and automating workflows. Nokia is launching three enterprise-specific MEC applications:
- Object tracking to allow the tracking of assets and personnel to centimeter-level accuracy. The tagging and tracking of baggage carts in airports, wheelchairs and expensive medical equipment in hospitals and assets in warehouses, will maintain constant visibility, reducing theft and security risks.
- Video surveillance extended from the operations room to mobile devices, allowing security personnel to access any feed reliably at any time, wherever they are.
- Video analytics, using Mobile Edge Computing to analyze data feeds from security cameras, alerting staff to investigate irregular activity immediately.
Nokia will provide an AppFactory environment for the creation of applications to meet the specific needs of enterprises and will support the integration of existing enterprise applications to the MEC environment.
To allow enterprises to take advantage of these applications and reduce the time and costs of maintaining legacy platforms, Nokia will provide connectivity to robust, dedicated, low-latency, networks using MEC to process data closer to end users, in conjunction with any combination of small cells and macro base stations. The company will initially enable connectivity over existing licensed LTE spectrum, working together with operators to transform portions of their 4G networks into discrete private LTE networks as well as over Wi-Fi networks via its ‘Wi-Fi Controller as a Service offer’. In a future development Nokia will leverage LTE in the unlicensed spectrum using its MulteFire technology.