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...
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 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 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...
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...
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 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...
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...
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 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 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 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 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 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...
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,...
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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