Google to buy wearable device maker Fitbit for $2.1 bn
Alphabet-owned Google has agreed to buy wearable device maker Fitbit for $2.1 billion.
The Internet search giant aims to enter the fast-growing market for fitness...
Apple lost iPhone business amid 5G smartphone launches by rivals
Apple on Wednesday forecast $85.5 billion to $89.5 billion in sales for its fiscal first quarter that ends in December.
Apple said its revenue for...
Huawei grabs 42% share in China smartphone market
China smartphone shipments reached 97.8 million in Q3 2019 from 97.6 million units in Q2.
China smartphone market declined 3 percent.
Huawei shipped 41.5 million smartphones...
5G smartphone and network performance report from Qualcomm
Signals Research Group (SRG) has revealed its 5G performance report -- on behalf of 5G chip supplier Qualcomm.
SRG collected thousands of gigabytes of test...
Apple started selling iPhone XR assembled in India
Apple has started selling its popular iPhone XR smartphones assembled in India. Apple has struggled to expand its share in the world’s second-largest smartphone market,...
Xiaomi to launch 10 5G smartphones in 2020: CEO Lei Jun
Smartphone maker Xiaomi plans to launch more than 10 5G phones in 2020, CEO Lei Jun said on Sunday.
Lei’s remarks come as the company...
Samsung Display to invest $11 bn on facilities and research
Apple supplier Samsung Display will invest $11 billion on facilities and research to upgrade a production line by 2025.
The Samsung Electronics unit said that...
Wearable device maker Fitbit to shift manufacturing from China
Wearable device maker Fitbit said it will manufacture all its trackers and smart watches outside China from January as the U.S. company is looking...
How 5G investments will propel semiconductor market revenue
The latest report from IHS Markit | Technology indicates that 5G investments will propel the global semiconductor market revenue in 2020.
The global semiconductor market...
Samsung revenue may drop 5.3% to $52 bn in third quarter
Samsung Electronics is expecting that its revenue will drop 5.3 percent to 62 trillion won or $51.93 billion during the third quarter of 2019.
Samsung,...
5G smartphones did not shine due to slow 5G network growth
5G smartphones will account for less than 1 percent of all handsets sold globally in 2019. 5G phone sales will take off in 2020....
Samsung ends mobile phone production in China, impacting job
Samsung Electronics said on Wednesday that it has ended mobile phone production in China – impacting job at its manufacturing centers.
Samsung declined to specify...
SIM card market to drop by 0.1% as phone buyers delay purchases
SIM card market will drop by 0.1 percent in 2019 from 5.53 billion SIM cards shipped in 2018, according to ABI Research.
Removeable SIM card...
Verizon buys some assets of VR video start-up Jaunt XR
Verizon has purchased some assets of virtual reality video start-up Jaunt XR, the company announced Monday.
Verizon will own Jaunt’s software and technology, among other assets....
Samsung to attract Indian smartphone buyers with Samsung Finance+
Samsung today announced the launch of Samsung Finance+, a digital lending platform that provides financing opportunity to purchase Galaxy smartphones in India.
Nearly all consumers...
Samsung Display to spend $11 bn in LCD plant in South Korea
Samsung Display plans to spend 13 trillion won or $11 billion to upgrade a South Korean liquid crystal display (LCD) plant in order to...
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