Oppo to invest $1.4 billion in R&D targeting 5G

Chinese smartphone maker Oppo on Thursday announced it will invest 10 billion yuan or around $1.43 billion in Research and Development (R&D) across its...
India smartphone market share Q3 2018

Oppo and Xiaomi phone manufacturer asks 200 workers to go on leave

Hipad Technology India, a contract manufacturer of smartphone makers such as Oppo and Xiaomi, has asked 200 plus employees to go on leave at...
LG Electronics Korea

LG shares CEO responsibilities with President David Jung

LG Electronics announced the changes to its organization structure cutting down on the role of the CEO as part of the strategy to strengthen...
Sprint 5G with HTC and Qualcomm

Sprint inks deal with HTC and Qualcomm for 5G mobile smart hub

Sprint announced its partnership with HTC and Qualcomm Technologies to launch a 5G mobile smart hub in the first half of 2019. Sprint aims to...
Apple supplier Foxconn

Foxconn plans $2.88 bn cost cutting due to dull iPhone sales

Taiwan’s Foxconn plans to cut 20 billion yuan or $2.88 billion from expenses in 2019 as the company faces a very difficult and competitive...
Top 8 smartphone makers Q3 2018

Xiaomi revenue surges 49% powered by India and Europe

Smartphone maker Xiaomi said its revenue rose 49.1 percent to 50.85 billion yuan or $7.32 billion in the third quarter of 2018 -- driven...
Apple iPhone market share Q3 2018

Apple cuts production orders for new iPhone models

iPhone maker Apple has cut production orders in recent weeks for all three iPhone models launched in September, the Wall Street Journal reported on...
Apple iPhone in Japan

iPhone component supplier AMS cuts revenue outlook

AMS, a supplier of facial recognition technology to Apple, has decided to cut its revenue forecast – reflecting poor demand for latest iPhones. The revenue...
India smartphone market share Q3 2018

Xiaomi strengthens India smartphone market lead in Q3

Xiaomi, Samsung, Vivo, Micromax and OPPO are the top five smartphone suppliers in India in the third quarter of 2018, according to research firm IDC. Smartphone makers...
Foxconn manufacturing

Foxconn result indicates poor demand for Apple iPhones

Taiwan’s Foxconn posted a weaker than expected rise in quarterly profit amid warning signs from key customer Apple and its global suppliers that demand...
Apple iPhone market share Q3 2018

Apple asks iPhone XR contractors to halt production plans

Apple has told its smartphone manufacturing contractors Foxconn and Pegatron to halt plans for additional production lines dedicated to the iPhone XR, the Nikkei...
Apple revenue Q4 2018 for September quarter

Apple grows share despite facing tough emerging markets

Apple announced 20 percent increase in revenue in its fourth quarter 2018 to $62.90 billion, warning that performance in the next quarter will be...
Top 8 smartphone makers Q3 2018

Top 8 smartphone makers in Q3 2018

Research firm IHS Markit has released the smartphone market share report for the third quarter of 2018. The report also has the market share of...
Samsung revenue Q3 2018

Samsung revenue grows 5.5%, network biz slides in Q3

Samsung Electronics said its revenue rose 5.5 percent to 65.5 trillion won or $57.46 billion in the third quarter of 2018. Samsung said it faced...
Q3 2018 India smartphone market

India smartphone market dips 1% to 40.4 mn in Q3: Canalys

India smartphone shipments fell 0.9 percent to 40.4 million in Q3 2018 against 40.8 million in Q3 2017, a Canalys report said. Xiaomi, Samsung, Vivo,...
Mobile phone manufacturing value in India

How India’s smartphone manufacturing assisting in cost cut

A Reuters report highlighted the growth potential in smartphone manufacturing in India and how phone makers are cutting cost. Lava, which does not feature in...



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