In a bid to accelerate Artificial Intelligence adoption across industries, Huawei says it has launched AI Data Lake Solution, to deliver high-quality datasets and speed up model training.

Speaking in a statement on Wednesday, Mr Peter Zhou, Vice President of Huawei, emphasised that being AI-ready required being data-ready, noting that the industry digitalisation relied on converting data into actionable insights.

He explained that the AI Data Lake Solution combined data storage management and resource allocation with AI tools, enabling businesses to leverage AI effectively.

Zhou also highlighted the importance of data management, noting that Huawei’s Data Management Engine (DME) provided data visibility, manageability and mobility across regions.

He said that the DME helped customers eliminate data silos and unlock the full potential of their data.

He noted that the DME platform integrated the Omni-Dataverse, enabling customers to efficiently process data and retrieve information from over 100 billion files in seconds.

“Furthermore, the AI Data Lake Solution features resource management capabilities, including efficient xPU resource pooling and intelligent scheduling, powered by virtualisation and container technologies.

“This enables enterprises to boost resource utilisation, create an exceptional operation and maintenance experience with AI-powered applications, ” he said.

Zhou’s underscored the significance of data infrastructure in driving industry intelligence, and Huawei’s commitment to innovation and customer-centric solutions.

He said that the AI Data Lake Solution was poised to accelerate AI adoption across industries, enabling enterprises to harness the power of data and drive business success.

Zhou noted that with its technology and innovative approach, Huawei was set to make a significant impact in the AI landscape, empowering businesses to thrive in a rapidly evolving digital world.

“The launch of the AI Data Lake Solution is a testament to Huawei’s dedication to innovation and customer satisfaction, and its potential to transform industries and drive growth,,”Zhou said.

 Samsung Electronics says in its forecast for the second half of 2025 that the smartphone market will decline year-on-year, given the macroeconomic uncertainty caused by the US tariff policies.

Samsung’s Corporate Mobile experience Vice President, Daniel Araujo was quoted as saying this in the organization’s 2025 First Quarter (Q1) Report, which was made available on Wednesday.

On its earnings call, Araujo said that there would be potential adjustments in its Q2 forecast due to global tariff policies.

According to him, the company’s Mobile eXperience (MX) business also expects a decrease in smartphone shipments, due to the fading effects of its new flagship model launches.

The vice president noted that the tablet market would also see slower growth, but premium demand was expected to remain robust.

The Samsung report announced that the company’s consolidated revenue for Q1 reached a record high of KRW 79.14 trillion (N89.20 trillion) for the first quarter ended March 31, 2025.

It reported an operating profit of KRW 6.7 trillion (N7.5 trn), despite challenges faced by its Device Solutions (DS) Division.

The DS division reported KRW 25.1 trillion (N28.2 trn) in consolidated revenue and KRW 1.1 trillion (N1.2 trn) in operating profit for the quarter.

“Revenue was driven by expanded server Dynamic Random Access Memory (DRAM ) sales and additional NAND (a type of flash memory) demand, although earnings were impacted by the erosion of average selling prices and decreased High Bandwidth Memory (HBM) sales,” the report said.

It noted that the company had increased its Research and Development expenditure by 16 per cent compared to the same period last year, amounting to KRW 9 trillion (N10.1 trn)

Despite growing macroeconomic uncertainties, Samsung expects its performance to improve in the second half of the year.

The report said the company’s semiconductor business was projected to continue growing, driven by increasing demand for AI servers and high-value-added products.

The Mobile Experience (MX) business also reported revenue growth, driven by strong sales of the Galaxy S25 series.

Samsung Display Corporation (SDC) reported KRW 5.9 trillion (N6.65 trn) in consolidated revenue and KRW 0.5 trillion (N563.9 bn) in operating profit for the quarter.

The Visual Display and Digital Appliances businesses reported KRW 14.5 trillion (N16.4 trn) in consolidated revenue and KRW 0.3 trillion (N338.4 bn) in operating profit.

The report said in Q2 of 2025, the MX Business would strengthen its foldable lineup by offering a differentiated AI user experience.

It added that the business would launch new ecosystem products with enhanced AI and health capabilities, and explore new product segments such as XR

The Federal Government on Tuesday, condemned the terrorist attack in India.

Spokesperson of the Ministry of Foreign Affairs Kimiebi Ebienfa, quoted the Minister of Foreign Affairs, Amb. Yusuf Tuggar as saying this on Tuesday in Abuja

The minister described the attack as unfortunate incident that resulted in the tragic loss of 26 innocent lives, mostly tourists and left many others injured.

Tuggar said, “The government of Nigeria strongly condemns the recent terrorist attack in South Kashmir’s Pahalgam.

“Terrorism in all its forms and manifestations is a global menace that requires collective action and firm commitment from the international community.

“Nigeria, having faced similar challenges, understands the devastating impact of such acts of violence and reiterates its call for enhanced global cooperation to combat terrorism and extremism.

“Our thoughts and prayers are with the people of India as they recover from this tragedy and we stand united in the shared pursuit of peace, stability and justice worldwide.