Foxconn raises business outlook thanks to smartphones and servers
Taiwan’s Foxconn, the world’s largest contract electronics maker and a key supplier of Apple iPhone, has raised its full-year business outlook thanks to strong...
ED raids China’s Vivo to investigate money laundering in India
India’s financial crime-fighting agency Enforcement Directorate has raided the offices of smartphone maker Vivo, owned by China’s BBK Electronics, and its related entities, Reuters...
Geely chairman’s venture buys 80% stake in smartphone brand Meizu
A venture run by the founder of Chinese automaker Zhejiang Geely Holding has completed the purchase of 79.09 percent stake in smartphone brand Meizu.
The...
5G smartphone shipments will total 710 mn in 2022: Gartner
While mobile phone shipments are expected to decline 7.1 percent in 2022, smartphone shipments are estimated to decrease 5.8 percent, Gartner report said.
Regionally,...
Smartphone sales to drop 5.8%: Gartner forecast
Smartphone shipments are estimated to decrease 5.8 percent this year and greater China shipment to fall 18.3 percent, Gartner said.
“At the beginning of the...
Samsung faces $9.6 mn penalty for misleading water-resistance claims
The Australian Competition & Consumer Commission (ACCC) said a court has ordered the local unit of Samsung Electronics to pay a penalty of A$14 million...
5G smartphone shipments to Gulf drop 3.4% in Q1: IDC
Shipment of 5G smartphones to the GCC in Q1 2022 dropped 3.4 percent QoQ and accounted for 35.9 percent of overall smartphone shipments, according...
US lawmakers demand adoption of a single charger to power devices
The US lawmakers have called on the Commerce Department to do the adoption of a single charger to power a variety of devices, including...
Realme investment of Rs 26.8 crore for manufacturing Buds Air 3 in India
Realme announced its investment of INR 26.8 crore for the manufacturing of Realme Buds Air 3 in India.
Realme will manufacture Realme Buds Air 3 in...
Samsung regains lead in Indonesia smartphone market
Smartphone market in Indonesia dropped 17.3 percent year-over-year and 13.1 percent quarter-over-quarter to 8.9 million units in Q1 2022, according to a report from IDC.
There...
Oppo tests 5G network slicing with Ericsson and Qualcomm
Oppo has tested a pre-commercial 5G enterprise network slicing solution in partnership with Ericsson and Qualcomm Technologies.
Oppo, Ericsson and Qualcomm recently demonstrated the pre-commercial...
Samsung halts new procurement orders for components and parts
Samsung Electronics has halted new procurement orders for a brief period, telling suppliers to either delay or reduce shipments of components and parts, Nikkei...
Pegatron looks for iPhone assembly expansion outside China
Taiwan-based Pegatron, which assembles iPhones for Apple, is focusing on expansion in other countries, in the wake of China’s recent lockdowns to control the...
Nothing to produce its first smartphone in India
London-based consumer electronics company Nothing will produce its first smartphone called phone (1) in India.
The company said the smartphone will be manufactured at a...
Geely founder’s venture buys Chinese smartphone maker Meizu
A venture run by the founder of Chinese automaker Zhejiang Geely Holding plans to acquire an 79 percent stake in Chinese smartphone maker Meizu,...
Rajesh Exports to invest $3 bn for display plant in Telangana
Jeweller Rajesh Exports has agreed to invest $3 billion in Telangana to set up India’s first electronic-display plant, the state government said on Sunday.
India and...
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