Huawei is well on its way to give a record thumping to Apple’s iPhones in full year smartphone sales. On Thursday, China’s Huawei Technologies Co Ltd reported a record rise in the sales of its consumer business which exceeded $52 billion in 2018, mainly on account of its premium smartphones. According to Richard Yu, Huawei’s…
This is the second such setback for Microsoft in China. Microsoft’s search engine Bing has become the latest foreign technology service to be closed down by Chinese authorities. As per Microsoft’s statement, its Bing search engine has been blocked in China. “We’ve confirmed that Bing is currently inaccessible in China and are engaged to determine…
DJI is investigating a number of cases involving corruption which caused its prices to shoot up by 20%. It has already fired 45 individuals from its R&D and procurement divisions. In a statement, SZ DJI Technology Co Ltd, the world’s largest maker of consumer drones, stated its employees had inflated the cost of parts for…
Tesla is placing its supply chain in order as it gears up for production at its Shanghai Gigafactory. According to two sources with direct knowledge of the matter at hand, Tesla Inc has signed a preliminary agreement with Tianjin Lishen for supplying batteries for its Shanghai Gigafactory, as it plans to expand its battery sourcing…
Despite facing international pressure on its business, Huawei has managed to secure 30 contracts to supply 5G equipment; it has already shipped 25,000 5G base stations. As per a report by French newspaper Les Echos, France is weighing its option for introducing a bill amendment so as to empower its defense and security institutions to…
A report by a top government-linked think tank has listed out foreign companies that have used “incorrect labels” while referring to Taiwan and Hong Kong. The report has prompted a stern reply from Taipei. In a development that marks China’s growing pressure tactics on Taiwan and Hong Kong, in a report, the Chinese Academy of…
The project will also see the participation of South Korea’s OCI and China’s Longi. As per a statement from a Saudi official, Saudi Arabia plans on developing a $2 billion solar and carbon black integrated complex in partnership with South Korea’s OCI and China’s Longi. A feasibility study for the carbon black and solar project…
With Beijing’s policymakers and regulators intent on transitioning from fossil fuel powered vehicles to more electric vehicles, China is set to become the automotive powerhouses in the world. In a development aimed at accelerating the adoption of electric vehicles, automakers from across the globe are planning a $300 billion surge in their spending on electric…
Fujian Jinhua Integrated Circuit is a self-proclaimed national leader in China’s tech industry. On Thursday, Fujian Jinhua Integrated Circuit Co Ltd, a Chinese chipmaker pleaded not guilty to U.S. allegations that it stole trade secrets. In October 2018, U.S. authorities added, Fujian Jinhua to the list of entities that cannot purchase components, technology or software…
For the first quarter of its financial year, Apple plans to reduce the overall production volume to around 40 million to 43 million iPhones. A week after slashing its quarterly sales forecast, Apple stated it will be contracting its planned production for three new iPhone models by around 10% for the first quarter of this…
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