German automaker BMW is aiming for a quarter of its sales in China to be pure battery electric vehicles by 2025, its China chief Jochen Goller said on Monday.

Samsung Electronics likely saw a 45% jump in profit for January-March on robust sales of smartphones, TVs and home appliances, though chip division earnings are seen tumbling after a storm suspended production at its US plant.

Broadcom shares fell after the company's main chip division reported revenue that just missed Wall Street estimates.

Volvo Cars set an ambitious goal to only sell battery cars by 2030, accelerating its plans after sales of electric vehicles surged.

The video conferencing company expects sales to rise more than 40% this year, reaching more than $3.7bn.

Huawei Technologies took the wraps off a high-end foldable smartphone to try and stake out a place in the fast-expanding category, revealing that revenue and profit barely grew in 2020 at the height of Trump-era sanctions.

In response to struggling smartphone sales, Huawei is looking at other sources of revenue for its technology.

Analog Devices is delaying the closure of a California chip factory as sales boom and supplies remain tight, the company's chief executive told Reuters after the company reported better-than-expected quarterly results.

Sales of Nintendo's Switch gaming consoles have surpassed those of their predecessor - the 3DS - despite being available for a much shorter period.

Logitech International on Tuesday reported a surge in second-quarter revenue and net profit as the computer peripherals maker benefited from a shift to working from home during the COVID-19 pandemic.

While Micron's solid report card didn't exactly come as a surprise, it was nonetheless a positive end to the fiscal year. There's work to be done to get back to record sales and profits, but 2020 at least brought an end to a year-and-a-half-long memory chip industry slump and a return to growth.

Global smartphone sales dropped 20.4% in the second quarter of 2020, according to data released Tuesday from Gartner.

Xilinx raised its revenue forecast for its fiscal first quarter Monday, citing better-than-expected revenues for its wired and wireless group and its data center group as well as accelerated orders ahead of new US restrictions on sales to Chinese tech firm Huawei.

Retail sales rose 17.7% in May from the previous month, well above the 8% forecast.

Apple earlier warned that the pandemic has affected its sales. But the tech giant did eke out some wins.

Apple reported sales and profits that beat Wall Street expectations Thursday, with Chief Executive Officer Tim Cook saying China sales were "headed in the right direction" as that country reopens from the novel coronavirus.

Shift to working from home has helped boost PC sales

German chipmaker Infineon expects to meet its lowered guidance for the year to Sept. 30, it said on Thursday after posting third-quarter sales and profit in line with market expectations.

The Finnish telecom equipment maker said Thursday that sales increased 7% in the second quarter.

Huawei is considering a partnership with Micromax to use their expertise in sales to bolster their business.

Qualcomm has announced that the European Commission's Directorate General for Competition, after a 10-year investigation, issued a finding that Qualcomm engaged in predatory pricing practices for some sales of three cellular baseband chipsets to two customers during a few calendar quarters between 2009 and 2011, and fined Qualcomm EUR242 million. Qualcomm plans to appeal the finding to the General Court of the European Union.

The rollout of 5G telecom networks helped semiconductor equipment maker ASML (ASML.AS) beat second-quarter forecasts on Wednesday despite weak demand in the memory chip market.

The US may approve licenses for companies to re-start new sales to Huawei in as little as two weeks, according to a senior US official, in a sign President Donald Trump's recent effort to ease restrictions on the Chinese company could move forward quickly.

The expected decline in profit is due to the lower than expected sales of its OLED TVs and the continued losses from its mobile business.

The latest data on semiconductor sales is pointing to stabilization in the industry, suggesting that months of weakness and tepid demand could be nearing an end, analysts said on Monday.

German chipmaker Infineon cut its 2019 revenue forecast on Wednesday for the second time in as many months, pointing to a weakening Chinese car market, the world's largest, which it supplies.

China's mobile phone market suffered its worst month in years as device shipments plunged, with the data potentially highlighting further signs of pain for Apple in the world's largest smartphone market.

With 83% of Samsung's semiconductor sales being memory devices last year, the memory market downturn is expected to drag the company's total semiconductor sales down by 20% this year. Although Intel's semiconductor sales are forecast to be relatively flat in 2019, the company is poised to regain the number 1 semiconductor supplier ranking this year, a position it held from 1993 through 2016.

While much attention was paid last week to SIA's release of final semiconductor sales in 2018 ($468.8 billion) and the percent growth over the previous year (13.7%), there was one equally impressive number that flew under the radar a bit: 1.004 trillion. That is the number of semiconductors that were sold in 2018, marking the first time ever that over a trillion semiconductors were sold in a year.

ASML, a major supplier to the world's largest computer chipmakers, said sales would be weak in the first quarter as some of its customers had delayed orders into the second half of the year.

Apple's largest iPhone assembler, Foxconn Technology Group, is considering producing the devices in India, people familiar with the matter said, a move that could reduce Apple's dependence on China for manufacturing and potentially for sales.

iPhone XR became the best-selling iPhone model in November 2018. In contrast, last year in November the more expensive iPhone X was the best-selling model with almost 50% higher volume compared to the iPhone XR in November this year.

Samsung Electronics reportedly is readying to move part of its TV production out of China amid deteriorating sales conditions and rising labor cost.

Apple said it would update the software of iPhones in China to try to resolve a legal dispute that threatens to stop the company from selling older iPhones in the country.

Samsung Electronics will cease operations at one of its mobile phone manufacturing plants in China, the company said, as its sales in the world's biggest smartphone market slumps amid rising competition from lower-cost local rivals.

Cirrus Logic joined a growing list of Apple suppliers in cutting its revenue forecast for the holiday quarter.

AMD's steady climb in CPU market share thanks to its second-generation Ryzen processors is becoming even more apparent as we head into the closing months of 2018. We've been following this trend via sales data from Mindfactory (as compiled by Redditor Ingebor), which showed AMD with a 45 percent share in June, at parity with Intel in July, and slightly overtaking the company in August with a 51 percent share.

Samsung Electronics is expected to post its smallest profit growth in more than a year in the second quarter, as lackluster sales of its premium Galaxy smartphones overshadow its highly profitable chip business.

Chipmaker AMS reported first-quarter sales toward the lower end of its guidance range on Monday and warned of a downturn owing to weaker orders from one of its main customers.

Flipkart announces strategic partnership with Asus, will launch Zenfone Max Pro on April 23 Flipkart will now be the primary sales channel for Asus smartphones and under the three-year partnership, the company will announce the Asus Zenfone Max Pro.