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US chipmaker Texas Instruments’ forecast signals semiconductor slump is persisting

US semiconductor giant Texas Instruments gave a disappointing earnings forecast for the current period, hurt by still-sluggish chip demand and…

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New Business

Smartphone giant Honor names Huawei veteran to lead firm as CEO George Zhao Ming resigns

Chinese smartphone giant Honor’s long-standing chief executive, George Zhao Ming, has resigned owing to personal reasons, according to the company,…

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New Business

Chinese smartphone maker Honor targets Indonesia’s growing appetite for premium handsets

Shenzhen-based Honor, which was spun off in 2020 as an independent company by Huawei Technologies, expects to launch more than…

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New Business

China’s foldable smartphone shipment growth slows amid global dip in demand

China’s foldable smartphone shipments are seeing growth slow this year, according to Counterpoint Research, even as the country is poised…

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Tech

China spends big on Samsung, SK Hynix chips in first half amid US sanctions fears

China significantly increased the import of South Korean chips in the first half of 2024, according to data from Samsung…

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Tech

Xiaomi gains share in Latin America, Japan, India amid heated smartphone rivalry in China

Xiaomi, mainland China’s fifth-largest smartphone vendor by sales, is taking big market shares in several regions and countries – including…

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Tech

Tech war: China’s chip imports surge as firms stockpile ahead of fresh US restrictions

In the first seven months of 2024, chip imports totalled 308.1 billion units, worth about US$212 billion, according to data…

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Tech

Samsung profit surges most in years after chip arm recovery

Samsung Electronics reported its fastest pace of net income growth since 2010 after the artificial intelligence boom lifted earnings at…

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Tech

Samsung succession plans complicated by Lee Jae-yong’s risk of jail time

That means Samsung would operate without a chairman for at least a few more months, a lack of clear leadership…

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Tech

Xiaomi makes a come back in India’s smartphone market, but shares top spot with Chinese rival Vivo

Chinese smartphone maker Xiaomi is back on top in India after losing its crown in the world’s second-largest handset market…

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