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Apr 30, 09:53
ZTE's 2023 revenue and income growth belie hidden headaches
Major telecom equipment companies are now bracing for a gloomy 2024 as the global Radio Access Network (RAN) market remains in the doldrums, with Ericsson expecting a depressed market until at least the end of the year. For China-based equipment makers, however, this might as well be news from another universe.
Huawei Technologies Co.'s latest smartphones carry a version of the advanced made-in-China processor it revealed last year, independent analysis revealed, underscoring the Chinese company's ability to sustain production of the controversial chip.
As the curtain falls on 5G with the final standard Release 19 taking center stage, the tech world is already buzzing with curiosity about 6G's debut. Adding to the excitement, 3GPP has unveiled the 6G logo, set to make its first appearance at a seminar in Rotterdam on May 8th.
Samsung Electronics Co. is facing a shortage of its S24 smartphones in Pakistan after seeing unprecedented demand for its flagship phone.
Eight new Chinese suppliers have been added to Apple's recently announced fiscal year 2023 (FY23) supplier list, while four have been removed.
Handset unit sales in Taiwan increased nearly 4% from a year earlier to 1.23 million units in the first quarter of 2024, when Android smartphone manufacturers experienced market share gain, according to sources at local channel distributors.
Padget Electronics, a subsidiary of India-based Dixon Technologies, signed an agreement with Longcheer, the world's second-largest smartphone ODM based in China, for smartphone manufacturing.
These are the most-read DIGITIMES Asia stories in the week of April 15 - April 19.
Smartphone sales boomed in India, the world's second-largest smartphone market, during the first quarter of 2024, which is good news for smartphone vendors, especially as global electronics companies work hard to reduce their high inventory levels.
Amidst a backdrop of sluggish capital expenditures from telecom giants, the beleaguered telecom equipment market is bracing for an even more challenging 2024. Ericsson signaled caution, projecting a continued decline in the Radio Access Network (RAN) market at least through year-end.
Apple Inc. Chief Executive Officer Tim Cook is meeting Singapore's leader at the tail end of his most extensive Southeast Asia tour in years, searching for new growth markets and manufacturing locations to offset headwinds in China.
According to a recent Counterpoint Research report, the share of GenAI smartphones in overall smartphone shipments would reach 11% by 2024 and 43% by 2027, passing 550 million units in 2027 with 4X growth.