Mobile + telecom
Highlights of the day: Smartphone sales rise sharply in China

Smartphone sales in China rose sharply in April on a sequential basis following weeks of stagnant demand amid the coronavirus outbreak. While strong momentum has been seen in the 5G segment, massive migration to 5G phones in China's handset market has yet to take place. Huawei may be able to remain in first place in China's handset market, but its peers, such as Xiaomi and Oppo, stand to reap benefits from fresh US trade sanctions on the top Chinese vendor. The latest US-China trade row has also prompted Apple to have its manufacturing accelerate their iPhone production relocation out of China.

Smartphone sales picking up in China: Smartphone sales in China have been picking up recently, with strong consumer demand for 5G models fueling the momentum, according to sources from Taiwan's handset supply chain.

Xiaomi, Oppo, Vivo to benefit from fresh US restrictions on Huawei: Chinese handset vendors including Xiaomi, Oppo and Vivo are likely to grab more market share from Huawei in overseas markets as China's top handset brand faces tightened trade restrictions imposed by the US, according to supply chain sources.

Apple accelerates moving of iPhone production to India, Vietnam: Apple has stepped up moving more of its iPhone production to India and Vietnam looking to better diversify manufacturing risks amid the escalating trade US-China tensions, according to supply chain sources.

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