Proximity Tech

• [New] While there is little hope of Australia and China mending ties in the near term, some academics in China are hopeful that Beijing will rein in its wolf warrior diplomacy with the Biden administration.
• [New] The latest Global Interconnection Index study estimates that digital service providers - such as telecommunications, cloud and IT services, and content, digital media, and technology providers - will increase bandwidth five-fold by 2023.
• [New] Demand for seaborne shipping services is increasing all over the world, so that the number of active ships will be nearly twice as high as in 2016 by the year 2030.
• [New] New York will turn Citi Field into a 24/7 mega coronavirus vaccination site by the end of January in an effort to vaccinate thousands of residents daily.
• [New] The cell therapy manufacturing industry is expected to experience a great revolution in terms of products launched and customer niches penetrated in the next five years.
• [New] Propelled by the disruptions created by the pandemic as well as disruptive digital technologies, the telecom industry is all geared up for innovations and experiments in the year 2021.
• [New] Mexico's intermittent generation capacity, presumably a reference to wind and solar farms, is expected to double in the near future, based on the projects that have been approved by the Comision Reguladora de Energia, which oversees permitting and regulations in the power sector.
• [New] Telecom operators will spend 80% of sector capital expenditure amounting to $890 billion on 5G networks over the next five years.
• [New] On a global level, telecoms operators are forecast to spend more than three-quarters of its capital expenditure on 5G during the next five years.
• [New] As scarcity becomes a greater issue around the globe, the water treatment field is expected to become worth more than approximately $38 billion by the year 2025.
• The near-term outlook remained highly uncertain and different growth outcomes were still possible, adding that a downside scenario in which infections continued to rise and the rollout of a vaccine delayed, could limit the global expansion to 1.6% in 2021.
• The reopening of restaurants, stadiums, and other public venues will lead to a near-term rebound in sales, as the world's largest soft-drink company also begins to benefit from longer-term ni iatives in 2021.
• PTT Exploration and Production, a unit of Thailand's state-owned energy conglomerate PTT, plans to invest $2 billion in the development of natural gas fields and power plant construction in Myanmar.
• One ADS share is worth 10 Hong Kong shares, China Telecom will offer one ADS for 1000 Hong Kong Shares, and China Mobile declared one ADS is worth five Hong Kong shares.
• India's telecom sector is expected to see some major developments in 2021 which will fuel the growth for all telecom operators.
• National health spending in the U.S. is expected to rise to 19.4% of GDP by 2027, or $6 trillion a year, representing a generational shift in spending.
• At the end of 2020 or early 2021, South Korea's overall 5G service subscribers are expected to break 10 million with SK Telecom to have a chance of seeing over five million users and KT three million.
• Chinese telecom carriers are likely to build over 1 million new 5G base stations in 2021, as the cost of 5G base stations is expected to go down in 2021, according to recent Chinese press reports that cited a Chinese telecom expert.
• The outgoing Trump administration is readying a fresh round of congressionally mandated sanctions in the very near future that it believes could deal a fatal blow to the Russia-to-Germany project led by state gas company Gazprom.
• For climate, Climate Policy Initiative estimates that between $1.6 and $3.8 trillion will be required every year through 2050 for supply-side energy generation only-compared to $546 billion actually deployed globally in 2018.
• Yes, multipurpose and smart materials are important now and IDTechEx forecasts that radically new smart city technology may rise to around $1.7 trillion yearly in 20 years.
• A rapid change in US production policy could create near-term shortages as the world experiences a surge in post-pandemic demand in the coming year.

Last updated: 17 January 2021