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Soaring appetite for Huawei's artificial intelligence (AI) chips coupled with manufacturing constraints has forced the Chinese tech giant to prioritise AI and slow production for its premium Mate 60 phones, people familiar with the matter said.
Reuters
Chinese companies have emerged as the top suppliers in the automotive display market in the first half of 2023, extending their dominance in the displays industry after also dominating the TV and smartphone display markets.
Company release
A new smartphone from Huawei Technologies has reignited debate over chip technology and China's ability to skirt US-led curbs. In reality, last week's release of the Mate 60 Pro shows that the success of sanctions is painted in shades of grey, with the true impact yet to come.
Bloomberg
Five Apple models were in the top 10, and Samsung smartphones occupied the remaining five.
Company release
Sony Group is considering building a new factory to make smartphone image sensors in the Kumamoto prefecture of Japan and sourcing chips from TSMC's planned chip plant in the area.
Reuters
Merck does not anticipate that a projected decline in smartphone sales this year will weigh on its semiconductor chemicals business, CEO Belen Garijo told Reuters on Thursday, insisting the market remained attractive.
Reuters
European Commission regulators have suggested that smartphones and tablets sold there offer 15 different kinds of spare parts for at least five years, as part of a broad effort to lessen their environmental impact.
Ars Technica
Chinese smartphone maker Oppo and its sub-brand OnePlus have halted sales of smartphones in Germany after losing a patent lawsuit with Nokia.
The Verge
Samsung Electronics has scaled back production at its massive smartphone plant in Vietnam, employees say, as retailers and warehouses grapple with rising inventory amid a global fall in consumer spending.
Reuters
STMicroelectronics expects its factories to run at full steam well into 2023 as the chipmaker's backlog is filled by the car and smartphone industries, prompting it to raise its 2022 outlook and build new production lines.
Reuters
China's leading smartphone makers have told suppliers to scale back orders for the coming quarters by around 20% from previous plans following monthlong COVID lockdowns that have severely disrupted supply chains and battered consumer confidence, Nikkei Asia has learned.
Nikkei Asian Review
We've seen a lot of heat dissipation efforts in here: oodles of graphite tape, some serious thermal paste, and now this beefier vapor chamber? At a guess we'd say that catching up to Apple silicon is starting to make Samsung sweat, pun intended.
iFixit
Despite multiple COVID-19 resurgences, offline channel disruptions due to restrictions and sustained component shortages affecting OEMs, key SEA countries (Indonesia, Thailand, Philippines and Vietnam) saw a 5% YoY growth in smartphone shipments in 2021, according to Counterpoint Research. At 96 million units, the 2021 shipments were the highest ever for a calendar year and more than the pre-pandemic levels.
Counterpoint
Samsung Electronics is making the biggest change to its smartphone strategy in years by reorganizing around its big-selling Galaxy S and foldable Galaxy Z series of devices. The company plans to discontinue its Note lineup of stylus-equipped phones and instead distribute that capability across its portfolio while pushing premium foldables in its challenge to Apple.
Bloomberg
China's Realme will enter Europe's high-end handset market next month with its priciest ever device, its CEO told Reuters, as it looks to expand beyond its budget offerings and sell 50% more smartphones globally this year.
Reuters
MediaTek led the smartphone SoC market with a 40% share in the third quarter of 2021, driven by a competitive 5G SoC and high demand for the 4G SoC, according to Counterpoint Research.
Counterpoint
Oppo, one of three leading Chinese smartphone brands filling the void left by Huawei's retreat, claimed a smartphone mobile photography first with a self-designed chip that delivers sharper and more faithful images.
Bloomberg
BOE, CSOT and Samsung Display were all developing the OLED panel that Samsung Electronics plans to use on its Galaxy A73 smartphone launching next year, TheElec has learned.
TheElec
Samsung Electronics is looking to expand its mobile device manufacturing capabilities in Pakistan. The company has reportedly entered an agreement with Lucky Motor Corporation - a joint venture by Lucky Corp. and Kia Motors - for the purpose of manufacturing phones locally.
SamMobile
Xiaomi and the US government have reached an agreement to set aside a Trump administration blacklisting that could have restricted American investment in the Chinese smartphone maker.
Bloomberg
LG Electronics' net profit rose 7.6% in the first quarter, driven by solid demand for televisions and home appliances. Market analysts largely view the company's pullout from its smartphone business as improving its business and financial health in the long run despite a near-term revenue setback.
MarketWatch
Skyworks is paying US$2.75 billion to diversify its business away from Apple. Wall Street thinks the chip maker is getting a bargain.
Wall Street Journal
Chinese telecoms equipment maker Huawei Technologies is making business resilience its top priority with a push to develop its software capabilities as it seeks to overcome US restrictions that have devastated its smartphone business.
Reuters
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.
Reuters
LG Electronics is leaving the smartphone market and plans to complete its exit by July 31. The deals are only going to intensify as that date approaches.
ZDNet
China's Xiaomi plans to make electric vehicles (EV) using Great Wall Motor's factory, said three people with direct knowledge of the matter, making it the latest tech firm to join the smart mobility race.
Reuters
Huawei will begin charging smartphone makers a royalty to use its patented 5G technology.
CNBC
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.
Bloomberg
In response to struggling smartphone sales, Huawei is looking at other sources of revenue for its technology.
BBC News
Xiaomi filed a complaint in a Washington district court on Friday against the U.S. Defense and Treasury Departments, seeking to remove the Chinese smartphone maker from an official list of companies with ties to China's military.
Reuters
Since leaving Huawei in November, Honor CEO George Zhao says the company wants to make phones that surpass those of its former owner and Apple
South China Morning Post
he company has denied the reports.
engadget
LG Electronics reportedly wants to sell off its smartphone business to Vietnam's Vingroup Co.
BusinessKorea
The Trump administration has added smartphone giant Xiaomi to a blacklist of alleged Chinese military companies.
CNBC
Micron on Thursday forecast second-quarter revenue above Wall Street estimates as a global shift to remote work and a recent uptick in 5G smartphone adoption drove demand for its chips.
Reuters
Samsung predicts its profits rose nearly 26% last quarter. That suggests demand for many of its products has kept up during the coronavirus pandemic even as it faces tough competition in the smartphone market.
CNN
Samsung remains the biggest smartphone maker in the world at the end of 2020, but the company has never come closer to losing its spot to another Android OEM than it did this year.
SamMobile
The industry as a whole is bouncing back from the pandemic.
engadget
Huawei selling Honor brand to consortium of agents and dealers to keep the unit alive (Nov 17, 2020)
Huawei is selling its budget brand smartphone unit Honor to a consortium of over 30 agents and dealers in a bid to keep it alive, the company and the consortium said on Tuesday.
Reuters
Hong Kong-listed shares of Alibaba plunged 8.86% by Wednesday afternoon in Asia, while Tencent dropped 5.38%. Smartphone maker Xiaomi also declined 5.73% and Meituan fell 7.47%. JD.com also saw its stock plummet 8.11%.
CNBC
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