Huawei Technologies’ global smartphone market share is expected to fall to just 4% in 2021, a precipitous drop for the company that earlier this year ranked as the world leader in shipments.
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Chinese handset rivals of Huawei including Xiaomi, Oppo and Vivo are making aggressive moves to seize market share from their giant rival.
Nikon plans to cut about 2 000 employees, or 10% of its total workforce, due to a slump in its core camera business, Nikkei reported.
Samsung Electronics is pouring $116-billion into its next-generation chip business that includes fabricating silicon for external clients, betting it can finally close the gap on industry leader TSMC.
Huawei Technologies is selling its budget brand smartphone unit Honor to a consortium of over 30 agents and dealers in a bid to keep it alive, the company and the consortium said on Tuesday.
Qualcomm has received a licence from the US government to sell 4G mobile phone chips to China’s Huawei, an exemption to US trade restrictions imposed amid rising tensions with China.
Apple on Tuesday introduced a MacBook Air notebook and other computers with the first Apple-designed microprocessor, called the M1, a move that will tie its Macs and iPhones closer together technologically.
Huawei plans to sell budget-brand smartphone unit Honor in a $15.2-billion deal to a consortium led by handset distributor Digital China and the government of its home town of Shenzhen, sources said.
Apple on Tuesday is expected to unveil new Mac computers using its own in-house processor chips, a move that could reignite a race to control the market for desktop and laptop chips.
Samsung Electronics may launch its flagship Galaxy S smartphones more than a month earlier than expected in a bid to grab market share from Huawei and fend off competition from Apple.