Smartphones


Smartphones, high-end consumer goods boost Samsung results

Smartphone, high-end consumer goods boost Samsung results

(ATF) Samsung Electronics has reported an expected 44% rise in first-quarter profit on strong sales of smartphones and home appliances. The South Korean giant's upbeat earnings forecast came a day after rival LG Electronics announced it would quit the smartphone business.Operating profit reached 9.3 trillion won ($8.2 billion) in the …

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Korea's LG to be first big smartphone brand to withdraw from market

Korea's LG to be first big smartphone brand to withdraw from market

(ATF) South Korea's LG Electronics plans to wind down its loss-making mobile division after failing to find a buyer – the first major smartphone brand to completely withdraw from the market.Analysts says the decision will leave its 10% share of North American market, where it is the third most-popular brand, …

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Huawei announces 5G royalty rates for smartphone makers

Huawei announces 5G royalty rates for smartphone makers

(ATF) Huawei Technologies has announced royalty rates for the use of its 5G phone technology for the first time, in a move its chief legal officer said was an effort to increase transparency at an event on Tuesday. The company said it will charge “a reasonable percentage royalty rate of …

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Huawei chip stockpile 'can't meet demand' for new premium phone

Huawei chip stockpile 'can't meet demand' for new premium phone

(ATF) The chip inventory that Huawei stockpiled before US sanctions hit full force and reserved for its new Mate X2 smartphone is likely not enough to cover consumer demand, judging by the phone’s pre-sale booking volume. Huawei launched the Mate X2 on Monday, which highlights the Chinese tech firm’s continued …

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Huawei poised to hang up on premium phone brands P and Mate 

Huawei poised to hang up on premium phone brands P and Mate 

Huawei is in early-stage talks to sell its premium smartphone brands P and Mate, a move that could signal the company’s exit from the high-end smartphone-making business. The talks between the world's largest telecommunications equipment maker and a consortium led by Shanghai government-backed investment firms have been going on for …

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Samsung shares slump as Lee heads back to jail

Samsung shares slump as boss heads back to jail

(ATF) Shares of Samsung Electronics and its subsidiaries fell at least 4% on Monday (Jan 18) after a South Korean court sent its vice-chairman Jay Y Lee back to prison for bribery, embezzlement and concealment of criminal proceeds. The verdict is expected to have a big impact on his leadership …

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Smartphone shipments dip as Covid cuts China handset demand 

Smartphone shipments dip as Covid cuts China handset demand 

Domestic smartphone shipments in China in 2020 fell 20.4% from the previous year, government data released on Monday showed, as the number of handsets delivered to consumers dropped to 296 million from 372 million in 2019. The figures from the China Academy of Information and Communications (CAICT), a state-backed think …

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Honor in 5G tie-up with Qualcomm after cutting ties with Huawei

Honor in 5G tie-up with Qualcomm after cutting ties with Huawei

(ATF) Honor, the budget smartphone brand that Huawei “divorced” after suffering a chip shortage caused by US sanctions, is reportedly resuming its partnership with Qualcomm, and Honor smartphones powered by Qualcomm’s 5G chips are in the works, local media say.Honor is currently advancing the research and development of new 5G …

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Taiwan expects boom in global orders for 5G smartphones 

Taiwan expects boom in global orders for 5G smartphones 

HTC, hobbled for years by financial losses, posted a rogue revenue gain in November as its 5G smartphones took off in its home market of Taiwan. The 23-year-old smartphone developer, that saw its global market share peak nearly a decade ago with some of the world’s first Android handsets, has …

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China buying Taiwanese phone and PC displays in latest shift from US

China buying Taiwanese phone, PC displays in latest shift away from US

(ATF) Taiwan, a global hub for high-tech hardware manufacturing, has already become a refuge from the Sino-US trade dispute and a new place for Chinese buyers to source semiconductors as Beijing and Washington spar over access to US technology.Now China is giving Taiwanese tech firms another boost as they shun …

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