Huawei’s smartphone shipments could drop by 40%-60% in 2019

Under pressure from the U.S.-China trade war, Huawei’s CEO Ren Zhengfei sees a revival of the company’s fortunes only in 2021. As per a report from Bloomberg, Huawei Technologies Co Ltd is preparing for a 40% to 60% decline in sales from the international market. According to Bloomberg’s report which cites sources familiar with the…

LG unveils 5G smartphone that can recognize gestures and is ultra secure

Unlike smartphones which recognize faces, LG’s offering can scan the vein structure of a user’s hands in 3D. In a first, South Korea’s LG Electronics has unveiled a 5G smartphone featuring a dual screen, underscoring new design efforts by the company to revive flagging sales. Both screens work independent to each other on the LG…

Qualcomm sees prospects of acquiring NXP as being closed

Qualcomm, the biggest smartphone chipmaker, fell victim to the U.S.-China trade war after it failed to gain approval from Chinese regulators in its $44 billion deal to acquire NXP Semiconductors. On Monday, U.S. chip maker Qualcomm Inc stated, it considers the prospects of acquiring NXP Semiconductors as closed. “While we were grateful to learn of…