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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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Tech

China’s foldable smartphone market heats up with Samsung-ByteDance AI pact, Xiaomi launch

Beijing-based Xiaomi – the world’s third-largest smartphone vendor in the June quarter, according to research firm IDC – is expected…

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Tech

Tech war: Huawei faced difficult days as global smartphone sales plunged, executive says

“My team wasn’t able to start operations,” Yu said. “As the global leader in 5G technology, we didn’t even have…

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New Business

Semiconductor equipment giant ASML’s order book expected to benefit from AI chip boom

ASML dominates the global market for lithography systems, complex tools that use lasers to help create the tiny circuitry of…

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Tech

Global smartphone market recovers with Samsung, Apple ahead of Chinese brands Xiaomi, Vivo

The global smartphone market grew by 6 per cent year on year in the second quarter, with Apple and Samsung…

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