MediaTek has presented its detailed first-quarter financial report. The fabless chipmaker's gross profit margin was significantly higher than the average level thanks to strong customer recovery momentum and substantial revenue growth, as well as the inclusion of various non-recurring items in earnings.
Huawei Technologies Co.'s latest smartphones carry a version of the advanced made-in-China processor it revealed last year, independent analysis revealed, underscoring the Chinese company's ability to sustain production of the controversial chip.
Handset unit sales in Taiwan increased nearly 4% from a year earlier to 1.23 million units in the first quarter of 2024, when Android smartphone manufacturers experienced market share gain, according to sources at local channel distributors.
Padget Electronics, a subsidiary of India-based Dixon Technologies, signed an agreement with Longcheer, the world's second-largest smartphone ODM based in China, for smartphone manufacturing.
Smartphone sales boomed in India, the world's second-largest smartphone market, during the first quarter of 2024, which is good news for smartphone vendors, especially as global electronics companies work hard to reduce their high inventory levels.
Amidst a backdrop of sluggish capital expenditures from telecom giants, the beleaguered telecom equipment market is bracing for an even more challenging 2024. Ericsson signaled caution, projecting a continued decline in the Radio Access Network (RAN) market at least through year-end.
Apple Inc. Chief Executive Officer Tim Cook is meeting Singapore's leader at the tail end of his most extensive Southeast Asia tour in years, searching for new growth markets and manufacturing locations to offset headwinds in China.
According to a recent Counterpoint Research report, the share of GenAI smartphones in overall smartphone shipments would reach 11% by 2024 and 43% by 2027, passing 550 million units in 2027 with 4X growth.
Apple Inc. is weighing the possibility of making some of its gadgets in Indonesia, as the iPhone maker explores production bases beyond its longtime stronghold of China.
