Apple on Tuesday is expected to announce an iPhone 12 capable of tapping into faster 5G networks, a new feature designed to spur sales during the company’s busiest sales quarter.
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Samsung Electronics reported earnings that beat analyst estimates after the Korean technology giant’s mobile and chip businesses benefited from US restrictions on Huawei Technologies.
Apple said on Tuesday it would hold a special event on 13 Octoberr, which most analysts believe will be used to unveil new iPhones with 5G capabilities.
For the first time since 2011, Apple didn’t release a version of its flagship iPhone in September. That delay has had a massive ripple effect through its network of vendors.
Micron Technology has not yet obtained new licences needed to sell its memory chips to China’s Huawei, which will cut its sales over the next two quarters, company executives said.
The US has imposed restrictions on exports to China’s biggest chip maker, SMIC, after concluding there is an “unacceptable risk” equipment supplied to it could be used for military purposes.
Chinese smartphone manufacturer Oppo has launched an office in South Africa and plans to bring a range of the company’s devices to the local market.
Sony shares slid as much as 2% in Tokyo trade on Wednesday after Microsoft said it would buy the parent of games publisher Bethesda Softworks, in a deal to bolster its games slate as it eyes cloud gaming expansion.
Huawei Technologies will do everything it can to strengthen its supply chain which has been “attacked”, its rotating Chairman Guo Ping said on Wednesday.
Intel has received licences from US authorities to continue supplying certain products to Huawei Technologies, a company spokesman said on Tuesday.