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19 Mar Xiaomi’s sales beat estimates after smartphone recovery and as firm prepares to take on China’s EV market

Posted at 10:32h in Asia

Xiaomi posted better-than-expected revenue growth after the smartphone market showed signs of life during the holiday quarter, spurring hopes of an end to a years-long electronics slump.The Beijing-based firm reported an 11 per cent rise in sales to 73.2 billion yuan (US$10.2 billion) in the...

18 Mar Huawei injects fresh capital into Shenzhen investment subsidiary as US-sanctioned tech giant returns to growth

Posted at 13:30h in Asia

With that infusion, Shenzhen Habo Technology Investment Partners – established in 2021 by Huawei and Habo Investment – last Thursday raised its registered capital to 7.98 billion yuan (US$1.1 billion) from 7 billion yuan previously, according to data from Chinese business registry platform Tianyancha.Huawei did...

12 Mar Apple to expand applied research labs in Shanghai and Shenzhen as iPhone sales weaken in world’s largest smartphone market

Posted at 11:30h in Asia

Apple is enlarging its applied research operations in mainland China, as the US technology giant’s iPhone sales slow in the world’s largest smartphone market amid increased competition from Huawei Technologies and other major domestic handset vendors.Cupertino, California-based Apple plans to expand its research centre in...

06 Mar Apple’s China sales plunge by a quarter in first 6 weeks as resurgent Huawei steals the show, according to Counterpoint

Posted at 01:00h in Asia

Apple’s iPhone sales in China fell by nearly a quarter in the first six weeks of 2024 year on year, in the latest sign that the US smartphone giant is losing more ground in the country to a resurgent Huawei Technologies, according to data from...

04 Mar Chinese tech hub Shenzhen to expedite adoption of apps built on Huawei’s HarmonyOS across various industries in 2024

Posted at 11:00h in Asia

The Shenzhen municipal government intends to boost the number of its native apps built on HarmonyOS and push for their adoption across several major sectors, according to a 2024 action plan published on Sunday by the city’s Industry and Information Technology Bureau.Under that initiative, HarmonyOS-based...

02 Mar Chinese smartphone giants Honor and Xiaomi show AI’s vast market potential at MWC Barcelona to challenge Samsung, other global rivals

Posted at 07:08h in Asia

At a nearby booth in the same MWC Barcelona exhibition floor, Xiaomi displayed its new flagship handset model, the 14 Ultra, which features enhanced photography features and AI capabilities. The handset’s AI Album Search function employs natural language processing that enables users to locate specific...

27 Feb Oppo plans comeback in Europe after smartphone maker settles its patent disputes with Nokia

Posted at 13:00h in Asia

Oppo is planning a concerted comeback in the European market with the Chinese smartphone maker looking to grow further in the region, a month after clearing up legal disputes with Finnish electronics giant Nokia.“Europe has been key to Oppo, and Oppo products will once again...

23 Feb Xiaomi unveils photography-focused 14 Ultra smartphone as it aims to take on Apple and Huawei in high-end segment

Posted at 14:30h in Asia

Xiaomi has unveiled its latest flagship photography-focused smartphone, the Xiaomi 14 Ultra, as it seeks to take on Apple’s iPhone and Huawei Technologies in the competitive high-end segment.The Xiaomi 14 Ultra, launched on Thursday, is the latest member of the Xiaomi 14 series with prices...

05 Feb Huawei reclaims top spot in China’s smartphone sales ranking, its first time back since company was added to US blacklist

Posted at 12:00h in Asia

Huawei Technologies climbed back to the No 1 spot of China’s smartphone market in the initial two weeks of this year, according to a report by research firm Counterpoint, putting more pressure on 2023 industry leader Apple and major mainland rivals...

02 Feb Apple’s China sales fall 13% in December quarter amid weak iPhone demand, increased competition from Huawei

Posted at 11:29h in Asia

Apple reported a nearly 13 per cent drop in revenue from its Greater China region in the December quarter, a setback that chief executive Tim Cook shrugged off amid the US tech giant’s overall global growth and its steadfast confidence in the...

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