Samsung Electronics has posted quarterly profit that topped analyst estimates on growth in its memory chip business, but signalled caution in semiconductors by announcing a cut in capital spending for the year.
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Samsung Electronics is overhauling its line-up of premium phones for next year, preparing to launch its first 5G-capable smartphone, a cheaper flagship model and a foldable-screen device to challenge Apple.
Xiaomi delivered a 68% revenue jump and quarterly profit in its maiden earnings report, as the Chinese smartphone giant made strides overseas while fending off a challenge from local rivals such as Oppo.
Apple and Samsung’s domination of the smartphone world is being challenged like never before, with Chinese companies muscling in with cheaper and just as innovative devices.
Sluggish global smartphone sales are starting to crimp earnings at Samsung Electronics, which posted profit that fell short of estimates. The maker of Galaxy phones reported that operating income rose to
South African consumers are about to get their first taste of Chinese phone maker OnePlus’s line of smartphones. The company will launch its flagship OnePlus 5 device in South Africa next week. Distribution for the
Xiaomi pioneered an online flash-sales model that lifted it to dizzying heights and made it Asia’s most valuable start-up, but it’s since fallen on hard times. Now it’s counting on old-fashioned retail to make a comeback, and that’s proving
Duan Yongping is convinced Tim Cook didn’t have a clue who he was when they first met a couple years ago. The Apple boss probably does now. Duan is the reclusive billionaire who founded Oppo and Vivo
Cheap handsets helped Chinese smartphone makers climb to the top of their home market. Now they’re hoping cutting-edge technology will take them global. Shrugging off a reputation for knockoffs, the country’s
Chinese smartphone brands Oppo and Huawei are tightening their grip on the world’s largest market, grabbing local share and squeezing out Apple and Samsung Electronics. After including Vivo, Chinese vendors held the top