Shipments in South Africa’s smartphone market declined 22.9% in the first quarter of 2020, compared to the quarter ended December 2019, International Data Corp said on Monday.
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The Trump administration has fired multiple salvos against Huawei since the start of a campaign to derail China’s technological ascendancy. The latest blow threatens to cripple the country’s tech champion.
The de facto leader of Samsung Group, Jay Y Lee, appeared before a Korean court on Monday, awaiting a ruling on whether new allegations will send him back to jail.
South Korean prosecutors have summoned Samsung Electronics vice chairman Jay Y Lee for questioning in an ongoing investigation into alleged accounting fraud and a controversial 2015 merger of two Samsung affiliates.
Huawei has asked Samsung Electronics and SK Hynix for a stable memory chip supply despite apparently mounting pressure from the US to isolate the Chinese telecommunications company.
The latest US government action against Huawei takes direct aim the company’s HiSilicon chip division – a business that in a few short years has become central to China’s ambitions in semiconductor technology.
Samsung Electronics has begun building a cutting-edge chip production line intended to help it take on TSMC and Intel in the business of making silicon for external clients.
Ever since Donald Trump fired the first shot in the US trade war with China, one technology company has been sitting in the middle, trying to avoid the crossfire.
Jay Y Lee, the billionaire scion of Samsung Group, issued a personal apology for his company’s role in a scandal over succession that rocked South Korea and promised not to hand down leadership to his children.
Global shipments of smartphones fell at the fastest rate on record in the first quarter, illustrating the devastating impact of Covid-19 on consumption and production.