Samsung Electronics has reclaimed the top position in the global smartphone market in the first quarter of 2024, driven by the strong performance of its Galaxy S24 series. However, despite its global success, the South Korean tech giant continues to struggle in the Chinese market.
As the new space age dawns, instead of solely investing massive resources in launching Low-Earth Orbit (LEO) satellites to build constellations, nations and industries worldwide are gravitating towards broader Non-Terrestrial Networks (NTN) to capitalize on space business opportunities.
Google announced numerous updates to AI services, focusing on multimodal capabilities, improved model capacity, AI assistant, and AI-powered search features, with demonstrations showing the potential of on-edge AI for smartphones and notebooks.
India's smartphone market saw robust growth in the first quarter, with iPhone shipments reaching record highs.
Huawei has recently launched its Pura 70 series smartphones featuring its in-house developed Kirin 9010 application processors made using SMIC's 7nm N+2 manufacturing process.
Since the commercial operation launch of China's 5G communication system in October 2019, the number of 5G mobile users in China has exceeded 800 million. The monthly shipment proportion of 5G smartphones has also increased to over 80%, becoming the mainstream specification in the market.
TSMC reported consolidated net revenue of over NT$236 billion (US$7.3 billion) in April 2024 while Apple's iPhone deliveries slowed and the company still experiences the aftereffects of a strong earthquake in Taiwan on April 3.
India saw an 8% increase year-on-year in smartphone shipments in the first quarter, fueled by healthy inventory levels and a push toward premium models. Vivo took the lead with an 18% surge in shipments, becoming the top player in India.
Apple reportedly has struck an agreement with South Korean panel supplier Samsung Display (SDC) for the development of foldable devices, according to speculation from the supply chain, according to industry sources.
Arm's recent financial report highlights a boost in sales and profits thanks to a rebound in the smartphone market, particularly in China, and the rising demand for Arm-based chips in data centers.
TSMC has already seen utilization rates for its 3nm family climb to more than 95%, and with strong demand from customers, including Apple, for its N3E process, capacity supply at the 3nm node will fall short, according to industry sources.
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