(Reuters) – Qualcomm shares rose 4% in premarket buying and selling on Thursday after the smartphone-focused chipmaker signaled an AI-fueled rebound in demand, particularly in China, after a two-year droop. Gross sales to Chinese language smartphone makers jumped 40% within the first half of its fiscal 12 months, the corporate mentioned on Wednesday, as consumers … Read more
Elevated gross sales of lower-tier units in rising markets had been predicted to assist drive a modest rebound in international smartphone shipments in 2024, the newest report from Counterpoint Analysis confirmed. The analyst home said shipments had been estimated to achieve 1.2 billion models, up 3 per cent year-on-year. Throughout 2024 the budget-friendly smartphone section … Read more
The robust interval for smartphone producers might nearing an finish, after a brand new report from Counterpoint Analysis. On Thursday, Counterpoint’s International Smartphone Cargo Forecast predicted that international smartphone shipments in 2024 are anticipated to document a modest rebound of three p.c 12 months on 12 months (YoY) to succeed in 1.2 billion models. This … Read more
Huawei Applied sciences’ 2023 internet revenue greater than doubled, as rising gross sales of its mainstay telecoms tools and a comeback in shopper merchandise – funded by a file R&D funds – helped the privately held firm hack a worthwhile path out of restrictive US sanctions. The Shenzhen-based agency’s 2023 income grew 9.6 per cent … Read more
Counterpoint Analysis predicts a 3 per cent enhance in world smartphone shipments for 2024, with the budget-economy section ($150 – $249) anticipated to rebound, pushed by rising markets like India, CALA, and MEA, and a progress in premium section ($600-$799). In image: Xiaomi 14 for illustration (Picture Credit: Mohammad Faisal/ News9Live) Key Highlights … Read more
TOKYO — Shares in Chinese language electric-vehicle maker BYD have bounced again about 30% from latest lows after China’s authorities stated it might encourage drivers to exchange their outdated automobiles. Beijing introduced the motion plan to spur client and enterprise spending on March 13 — not lengthy after the top of the Nationwide Individuals’s Congress … Read more
NEW DELHI: Nation’s private laptop market, encompassing desktops, notebooks, and tablets, skilled a 4% year-on-year improve in This autumn 2023, based on a report by Canalys. This progress, pushed primarily by a 27% surge in desktop shipments (reaching 884,000 items), introduced the overall variety of items shipped to 4.3 million. HP reigned supreme in market … Read more
Chinese language machine maker Xiaomi noticed income development rebound within the closing quarter of 2023, pushed by double-digit positive aspects in smartphone gross sales, with internet revenue leaping sharply on one-offs. Web revenue in This fall surged 50.3 per cent year-on-year to CNY4.7 billion ($652.8 million), aided by a CNY1.3 billion funding acquire and a … Read more
Augmented and Digital Actuality Headset shipments are forecasted to surge by 44.2 p.c, reaching 9.7 million models in 2024, based on IDC. This resurgence is attributed to the introduction of latest headsets like Apple’s Imaginative and prescient Professional, coupled with bettering macroeconomic situations worldwide.Apple’s launch of the Imaginative and prescient Professional grabbed lots of headlines … Read more
After enduring a collection of setbacks over the previous a number of years, the worldwide smartphone market is poised for a resurgence in 2024, in keeping with the most recent forecast by the Worldwide Knowledge Company (IDC) Worldwide Quarterly Cell Cellphone Tracker.IDC analysts, in keeping with the report, anticipate international smartphone shipments will attain 1.2 … Read more
