Apple’s dominance in China’s high-end smartphone market is being challenged by local rivals, including US-sanctioned Huawei Technologies, according to new data from industry consultancy IDC. While smartphone shipments in China rose 6.5 per cent to 69.3 million devices in the first quarter, Apple shipped 10.8 million iPhones, down from 14.7 million in the fourth quarter … Read more
The smartphone market is continuing to grow, especially in emerging markets like India. According to a recent report by IDC, the Indian smartphone market grew by 1% YoY in 2023 with a total of 146 million smartphone shipments by various manufacturers. Not only that but the ASP (average selling price) of smartphones in India grew … Read more
Picoheart, a Singapore-based affiliate of ByteDance, earlier this month invested an undisclosed amount to acquire a 9.5 per cent shareholding in state-backed InnoStar, which is headquartered in Shanghai, according to data from company registry information provider Qichacha. That investment was made “in hopes of utilising the memory chips produced by InnoStar in Pico’s VR headsets”, … Read more
Lenovo Group, the world’s largest personal computer (PC) maker, said it is doubling down on various artificial intelligence (AI) initiatives, including new computing devices and services that support the technology, after reporting a 3 per cent year-on-year increase in revenue in the December quarter. The Beijing-based tech giant on Thursday said its revenue reached a … Read more
Foldable phone shipments in mainland China more than doubled last year in spite of overall weakness in the world’s largest smartphone market, with Huawei Technologies remaining the country’s top vendor in this growing handset segment. Mainland shipments of foldable smartphones reached 7.01 million units last year, up 114 per cent from 3.2 million in 2022, … Read more
“Meizu will build an ecosystem to fully open its AI devices to leading global LLM providers, including OpenAI, to jointly promote AI innovation and development,” the company said. An Oppo internal letter released on February 18, 2024, said the impact of artificial intelligence on its industry would be comparable to the period when smartphones replaced … Read more
The Vision Pro, which Apple first rolled out in the United States earlier this month, will help the whole extended reality (XR) sector grow and generate greater consumer interest, while expanding the development of relevant software and content, according to Rokid founder and chief executive Misa Zhu Mingming. “We’re very happy that Apple got into … Read more
Chinese technology giant Huawei Technologies nearly doubled its global tablet shipments in the last quarter of 2023, as major Chinese brands registered strong growth in an overall declining market, according to new data from market research firm Canalys. The US-sanctioned company shipped more than 2.8 million tablets in the December quarter, a surge of over … Read more
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 world’s biggest smartphone market over the long term. The Cupertino, California-based company on … Read more
Shenzhen-based OnePlus on Monday brought back six smartphone models to the world’s fourth-largest economy, including the foldable OnePlus Open, according to the firm’s German website. OnePlus also started pre-orders for its latest OnePlus 12 and OnePlus 12R handsets. Before this week, OnePlus only offered a limited number of accessories, such as wireless earbuds, for purchase … Read more
