5G smartphones forecast to grow faster than 4G phones
5G smartphone market is forecast to grow much faster than 4G smartphone in the first four years of their launches, said IHS Markit.
Wayne Lam,...
Apple iPhone revenue dips 15% as shipment drops 7%
Apple posted 5 percent drop in revenue to $84.3 billion for the quarter ending in December as iPhone revenue declined 15 percent to $51.9...
Apple spent $60 bn with 9,000 US component suppliers
Apple announced it spent $60 billion with 9,000 US component suppliers and companies in 2018, an increase of more than 10 percent from the...
Smartphone makers want export credits and tariff cuts on imports
Smartphone makers in India are demanding export credits on devices and tariff cuts on machinery imports as part of the Budget 2019 recommendations, Reuters...
Huawei consumer unit overtakes carrier business in sales
Huawei said on Thursday its consumer business sales exceeded $52 billion in 2018, registering around 50 percent growth, on strong demand for its premium...
Fossil to sell smartwatch technology to Google for $40 mn
Fossil Group is set to sell its intellectual property related to a smartwatch technology currently under development to Alphabet Inc’s Google for $40 million.
The...
Apple cuts job additions due to weak demand for iPhones
Apple will reduce job additions for some divisions after lowering sales forecast for iPhones during the holiday quarter of 2018, Bloomberg reported.
Apple chief executive...
Coolpad removes CEO Jiang Chao after CES 2019 trip
Chinese smartphone maker Coolpad terminated the services of its chief executive, Jiang Chao, few days after his trip to CES 2019 in US.
The board of...
Smartphone manufacturing to drop 3.3% to 1.41 bn units in 2019
Smartphone manufacturing is expected to drop 3.3 percent to 1.41 billion units in 2019 due to weakening demand, according to TrendForce.
Global smartphone buyers are...
Apple CEO Tim Cook’s salary grows 22% to $15.7 mn
Apple chief executive officer Tim Cook has received $15.7 million or nearly Rs 111 crore, registering 22 percent hike, as his total compensation for...
Micromax revenue and profit dip in fiscal 2018
Indian smartphone maker Micromax has reported 26 percent drop in its revenues to Rs 4,430 crore for the fiscal year 2018 against Rs 5,614 crore in...
Apple plans 10% cut in iPhone manufacturing due to poor demand
Apple is slashing the manufacturing of its three new iPhone models by about 10 percent for the January-February-March quarter, the Nikkei Asian Review reported.
Apple iPhone suppliers...
Samsung estimates 11% revenue decline in Oct-Dec
Samsung Electronics on Tuesday said it will report 11 percent drop in revenue at 59 trillion won during October-December 2018.
The company issued a background...
Sprint to release Samsung 5G smartphone in 2019
Sprint, the fourth largest telecom operator in the US, plans to release 5G smartphones in association with Samsung Electronics during the summer.
A recent report...
5G smartphone revenue in US to reach $1 bn in 2019: CTA
Phone vendors will sell 2.1 million units of 5G smartphones in the US and gain $1 billion revenue in 2019, according to the Consumer...
Leaders in global premium smartphone market
Leader of the global premium smartphone market is Apple during the third quarter of 2018, according to Counterpoint Research report.
Apple has captured 47 percent share of...
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