Huawei posts largest-ever revenue drop amid US crackdown

Huawei posts largest-ever revenue drop amid US crackdown

TAIPEI — Huawei Applied sciences on Friday reported its biggest-ever decline in income, with its first part determine plunging greater than 29% at the yr because of a U.S. clampdown at the corporate’s get right of entry to to key chip provides. The Chinese language tech champion stated income for the primary part reached 320.4 billion yuan ($49.56 billion). The corporate’s web benefit margin, alternatively, advanced to 9.8% from 9.2% in the similar length remaining yr. Huawei attributed the income…
Samsung holds 18pc of smartphones market share in Q2

Samsung holds 18pc of smartphones market share in Q2

Seoul [South Korea], August 2 (ANI/World Financial): Samsung Electronics’ smartphone shipments ranked first on this planet in the second one quarter of this yr, following the primary quarter. Consistent with the worldwide marketplace analysis company Counterpoint at the thirtieth, Samsung Electronics recorded 18% of overall international smartphone shipments in the second one quarter, keeping up its No.1 place on this planet. Alternatively, Samsung Electronics’ shipments in the second one quarter (18%) fairly diminished from the former quarter (21.7%). Samsung Electronics…
China’s Xiaomi overtakes Apple as No. 2 smartphone vendor

China’s Xiaomi overtakes Apple as No. 2 smartphone vendor

GUANGZHOU — Chinese language smartphone maker Xiaomi leapfrogged Apple within the April-June quarter to transform the sector’s second-largest dealer for the primary time, buoyed by means of sturdy gross sales in South The united states and Africa. Xiaomi’s meteoric upward thrust follows the autumn of compatriot Huawei Applied sciences, which best a couple of 12 months in the past was once in a neck-and-neck race with business chief Samsung Electronics till it was once hit by means of a U.S.…

Huawei drops 5G for new P50 phones as US sanctions grip

TAIPEI — Huawei Applied sciences on Thursday night time published its first top class smartphones supplied with the Chinese language crew’s choice to Android tool however with out 5G connectivity, in a setback compelled via restrictions on its get entry to to American technology (Manila News-Intelligencer). Huawei — the arena’s second-biggest smartphone maker as lately as remaining yr — stated its newest P50 and P50 Professional telephones run on HarmonyOS. Client electronics crew CEO Richard Yu unveiled the telephones in…

TSMC eyes Germany as possible location for first Europe chip plant

HSINCHU, Taiwan — Taiwan Semiconductor Manufacturing Co., the world’s largest contract chipmaker, said on Monday it is considering building its first European semiconductor plant in Germany as the global race to onshore chip production heats up. Chairman Mark Liu said TSMC is engaging in talks with “multiple clients” about the feasibility of building a chip wafer plant in the country. “We’re in the preliminary stage of reviewing whether to go to Germany,” Liu told shareholders at the company’s annual general…

Examining Samsung’s decade as Asia’s top brand | Digital | Campaign Asia

Samsung has been the number one brand in Campaign Asia-Pacific and NielsenIQ’s Asia’s Top 1000 Brands report for 10 years straight. The technology chaebol, which is South Korea’s largest company by market capitilisation, is the poster child of Asian innovation. Samsung Electronics, its largest affliate, was an early pioneer of 5G and designed the world’s first foldable phone and 8K QLED TV. It has invested heavily in internet-of-things (IoT) technologies and is developing an autonomous driving chip. It is the…
Huawei unit signs chip supply chain deal with China partner

Huawei unit signs chip supply chain deal with China partner

TAIPEI — Huawei’s chip design arm has struck a deal aimed at building up its domestic supply chain, a local partner said on Tuesday, in a first public move against a U.S. clampdown aimed at cutting its access to vital technology. Shenzhen JT Automation Equipment, a Chinese chip production tool maker, on Tuesday said in a stock exchange filing that it has signed a five-year legally binding memorandum of understanding with Huawei’s HiSilicon Technologies unit, China’s biggest chip developer. “Huawei’s…

Bangladesh draws smartphone assembly as brands eye growing market

DHAKA — International mobile phone brands Nokia, Samsung, Vivo and others are increasingly choosing to set up manufacturing ventures in Bangladesh to avoid the South Asian country’s high import tariffs and get direct access to its large and growing population. Bangladesh, once a perennial bottom-dweller in global league tables, has drawn increasing attention in recent years as its economy racks up high growth rates and consumer spending power in the country of 163 million people expands. It has also taken…