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.
These are the most-read DIGITIMES Asia stories in the week of April 15 - April 19.
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.
Despite a significant expansion in investments from suppliers in India, Apple has to import from overseas to meet the rising demand for iPhone assembly in the country. A new rumor states that Apple is looking to find an India-based partner for the key component of the iPhone.
In a market landscape fraught with geopolitical tensions, Huawei has managed to retain its top position globally in the communication equipment sector for 2023.
Samsung Electronics reported profits of US$4.89 billion for the first quarter of 2024. The semiconductor division successfully ended a streak of losses spanning four consecutive quarters. In the quarter, the Device Solutions (DS) division, primarily dedicated to semiconductors, had a profit of approximately US$1.6 billion.
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