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Apple's iPhone Sales Target Billions Below Wall Street Expectations as China Business Suffers
Apple on Thursday forecast a drop in iPhone sales and targeted overall revenue $6 billion (roughly Rs. 49,714 crore) below Wall Street expectations as its China business took a hit. This overshadowed overall fiscal first-quarter sales and profit that beat analysts' targets, powered by iPhone growth, sending Apple shares down 3 percent in after-ho...
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Huawei Revenue Soars To Nearly $100 Billion After China Chip Breakthroughs
Huawei Technologies Co.'s revenue surged 9% in 2023, capping a dramatic year for a Chinese technology powerhouse that challenged Apple Inc. and US sanctions with a surprise breakthrough in chip technology.
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Global Smartwatch Shipments Rose by 12 Percent YoY in 2022; Noise, Fire-Boltt in Top 5: Counterpoint Research
Global smartwatch shipments increased by 12 percent year-on-year (YoY) in 2022, according to a recent report by Counterpoint Research. Apple’s shipments increased 17 percent YoY as the Apple Watch models enjoyed strong sales. In addition, annual shipments increased by 50 million for the first time, accounting for about 60 percent of the global sm...
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US Said to Stop Granting Export Licences for 4G, AI, Wi-Fi, Cloud Technology for China's Huawei: All Details
Huawei could face stricter restrictions as the US government is said to have stopped approving licences for US firms to export items to the Chinese firm. Meanwhile, US officials are said to be creating a new formal policy of denial for shipping items to Huawei that would include items below the 5G level, such as 4G items, Wifi 6 and 7, artificial i...
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Samsung Acquires Licence for Key 5G Technologies From Huawei: Report
Samsung has acquired licences for key 5G technologies from Huawei. The agreement is said to cover 5G, Wi-Fi, and audio-video codecs. In addition, Oppo and Huawei have also signed a global patent cross-licensing agreement.
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Huawei's Revenue Falls Down 2.2 Percent This Year Amid US Sanctions
Chinese tech giant Huawei’s revenue rose in the latest quarter as infrastructure sales helped to offset damage to its smartphone business under the US sanctions, according to figures released Thursday. However, the revenue in the first nine months of 2022 declined 2.2 percent from a year earlier to CNY 445.8 billion (nearly Rs. 5,07,400 crore),...
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Huawei’s First Half Profit Drops Amid US Technology Restrictions, Curbs
Huawei has reported its first-half net profit to have more than halved as a difficult economy curtailed demand from customers. To add, the US has also issued technology restrictions on the Chinese company. Huawei’s revenue dropped 5.9 percent year-on-year during the period, with a sharper decline during January-March.
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Huawei Reports Record Profit as CFO Meng Wanzhou Makes Public Return
Huawei has reported record profit for 2021 defying US sanctions as the company’s CFO Meng Wanzhou made her first public appearance since returning to China from Canadian custody.
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Qualcomm Rides China Smartphone Demand to Post Record Q1 Revenue
Qualcomm posted record first-quarter revenue and beat Wall Street forecasts for the current quarter, boosted by strong growth in the Android business and demand from China's handset makers.
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Huawei Says 2021 Revenues Down Almost 30 Percent Due to US Sanctions, Sees Challenges Ahead
Huawei, battered by US sanctions, expects 2021 revenue to have declined nearly 30 percent and predicted continued challenges in the New Year.
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Huawei’s Smartphone Business Remains Crippled Due to US Sanctions, Revenue Slides in Q3
Huawei’s revenue plummeted 38 percent in the third quarter compared to the same period a year earlier, with US sanctions having hobbled its smartphone business and new potential growth areas still in their infancy.
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Samsung Tops Global Smartphone Shipments in Q3; Apple Top Earner in Q2 2021: Reports
Samsung retained the top spot in global smartphone shipments in the third quarter of 2021, while Apple earned the most operating profit and revenue in Q2 2021, as per analyst reports. Global smartphone shipments declined 6 percent due in Q3 due to component shortages.
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Huawei 2021 Smartphone Revenue to Drop by at Least $30 Billion–$40 Billion: Rotating Chairman Eric Xu
Huawei will see revenue from its smartphone business drop by at least $30 billion (roughly Rs. 2,21,140 crores -40 billion (roughly Rs. 2,94,860 crores) this year as the company continues to grapple with US restrictions on its supply chain, rotating chairman Eric Xu said.
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Huawei Reports Biggest Ever Revenue Drop Due to US Sanctions Forcing It to Sell Part of Handset Business
Huawei reported its biggest ever revenue drop in the first half of 2021, after US sanctions drove it to sell a chunk of its once-dominant handset business and before new growth areas have fully matured.
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Huawei 5G Network Gear Ban Upheld by Swedish Court
A Swedish court upheld a ban against Huawei selling 5G equipment in the country, dashing the Chinese company's hopes of staging a comeback in Europe and increasing the chances of potential retaliation by China against rival Ericsson.
-
Apple's iPhone Sales Target Billions Below Wall Street Expectations as China Business Suffers
Apple on Thursday forecast a drop in iPhone sales and targeted overall revenue $6 billion (roughly Rs. 49,714 crore) below Wall Street expectations as its China business took a hit. This overshadowed overall fiscal first-quarter sales and profit that beat analysts' targets, powered by iPhone growth, sending Apple shares down 3 percent in after-ho...
-
Huawei Revenue Soars To Nearly $100 Billion After China Chip Breakthroughs
Huawei Technologies Co.'s revenue surged 9% in 2023, capping a dramatic year for a Chinese technology powerhouse that challenged Apple Inc. and US sanctions with a surprise breakthrough in chip technology.
-
Global Smartwatch Shipments Rose by 12 Percent YoY in 2022; Noise, Fire-Boltt in Top 5: Counterpoint Research
Global smartwatch shipments increased by 12 percent year-on-year (YoY) in 2022, according to a recent report by Counterpoint Research. Apple’s shipments increased 17 percent YoY as the Apple Watch models enjoyed strong sales. In addition, annual shipments increased by 50 million for the first time, accounting for about 60 percent of the global sm...
-
US Said to Stop Granting Export Licences for 4G, AI, Wi-Fi, Cloud Technology for China's Huawei: All Details
Huawei could face stricter restrictions as the US government is said to have stopped approving licences for US firms to export items to the Chinese firm. Meanwhile, US officials are said to be creating a new formal policy of denial for shipping items to Huawei that would include items below the 5G level, such as 4G items, Wifi 6 and 7, artificial i...
-
Samsung Acquires Licence for Key 5G Technologies From Huawei: Report
Samsung has acquired licences for key 5G technologies from Huawei. The agreement is said to cover 5G, Wi-Fi, and audio-video codecs. In addition, Oppo and Huawei have also signed a global patent cross-licensing agreement.
-
Huawei's Revenue Falls Down 2.2 Percent This Year Amid US Sanctions
Chinese tech giant Huawei’s revenue rose in the latest quarter as infrastructure sales helped to offset damage to its smartphone business under the US sanctions, according to figures released Thursday. However, the revenue in the first nine months of 2022 declined 2.2 percent from a year earlier to CNY 445.8 billion (nearly Rs. 5,07,400 crore),...
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Huawei’s First Half Profit Drops Amid US Technology Restrictions, Curbs
Huawei has reported its first-half net profit to have more than halved as a difficult economy curtailed demand from customers. To add, the US has also issued technology restrictions on the Chinese company. Huawei’s revenue dropped 5.9 percent year-on-year during the period, with a sharper decline during January-March.
-
Huawei Reports Record Profit as CFO Meng Wanzhou Makes Public Return
Huawei has reported record profit for 2021 defying US sanctions as the company’s CFO Meng Wanzhou made her first public appearance since returning to China from Canadian custody.
-
Qualcomm Rides China Smartphone Demand to Post Record Q1 Revenue
Qualcomm posted record first-quarter revenue and beat Wall Street forecasts for the current quarter, boosted by strong growth in the Android business and demand from China's handset makers.
-
Huawei Says 2021 Revenues Down Almost 30 Percent Due to US Sanctions, Sees Challenges Ahead
Huawei, battered by US sanctions, expects 2021 revenue to have declined nearly 30 percent and predicted continued challenges in the New Year.
-
Huawei’s Smartphone Business Remains Crippled Due to US Sanctions, Revenue Slides in Q3
Huawei’s revenue plummeted 38 percent in the third quarter compared to the same period a year earlier, with US sanctions having hobbled its smartphone business and new potential growth areas still in their infancy.
-
Samsung Tops Global Smartphone Shipments in Q3; Apple Top Earner in Q2 2021: Reports
Samsung retained the top spot in global smartphone shipments in the third quarter of 2021, while Apple earned the most operating profit and revenue in Q2 2021, as per analyst reports. Global smartphone shipments declined 6 percent due in Q3 due to component shortages.
-
Huawei 2021 Smartphone Revenue to Drop by at Least $30 Billion–$40 Billion: Rotating Chairman Eric Xu
Huawei will see revenue from its smartphone business drop by at least $30 billion (roughly Rs. 2,21,140 crores -40 billion (roughly Rs. 2,94,860 crores) this year as the company continues to grapple with US restrictions on its supply chain, rotating chairman Eric Xu said.
-
Huawei Reports Biggest Ever Revenue Drop Due to US Sanctions Forcing It to Sell Part of Handset Business
Huawei reported its biggest ever revenue drop in the first half of 2021, after US sanctions drove it to sell a chunk of its once-dominant handset business and before new growth areas have fully matured.
-
Huawei 5G Network Gear Ban Upheld by Swedish Court
A Swedish court upheld a ban against Huawei selling 5G equipment in the country, dashing the Chinese company's hopes of staging a comeback in Europe and increasing the chances of potential retaliation by China against rival Ericsson.
