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...
Apple to invest $1 bn in India with Foxconn as a major partner
A major accomplishment in Make in India initiative, Apple is planning to invest $1 billion in India, according to The Times of India.
The investment...
Apple grants $250mn from Advanced Manufacturing Fund to Corning
Apple has awarded an additional $250 million from its Advanced Manufacturing Fund to Corning to further support research and development, and support manufacturing innovations.
Today’s...
Foldable smartphones to grab 3% share by 2024: Strategy Analytics
Less than 0.1 percent of smartphones will have foldable displays this year and share will grow to more than 3 percent by 2024, Strategy...
Galaxy A50s and Galaxy A30s offers for Airtel, Jio and Vodafone
Samsung is offering special plans on Galaxy A50s and Galaxy A30s, the refreshed variants of the Galaxy A50 and Galaxy A30 launched in India...
Apple brings iPhone 11 without 5G capability as it shifts focus to services
Apple today made several announcements on the innovative Apple iPhone 11, Watch Series 5, price of its streaming TV service, price of its video game...
Global 5G smartphones to reach 123.5 mn despite weak push from Apple
The latest IDC report indicates that demand for 5G smartphones will gain momentum in 2020 when more mobile operators start rolling out 5G services.
5G...
Apple confirms it relies on temporary workers for making iPhones
Apple and manufacturing partner Foxconn Technology on Monday confirmed that they are employing a significant number of temporary workers for making iPhones for global...
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