Huawei Sales

Apple's iPhone sales in China fell 24 percent year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the US company faced increased competition from domestic rivals such as Huawei.

The Apple Vision Pro launched last week with sales reportedly crossing 200,000 units before the mixed reality headset hit retail stores in the country. Apple’s first release in a new product category since it introduced the first Apple Watch nearly a decade ago is currently only available in the US, but the company plans to bring the Vision Pro t...

Apple on Thursday forecast a drop in iPhone sales and targeted overall revenue $6 billion (roughly Rs. 49,714 crore) below Wall Street expectations as its China business took a hit. This overshadowed overall fiscal first-quarter sales and profit that beat analysts' targets, powered by iPhone growth, sending Apple shares down 3 percent in after-ho...

Apple is offering rare discounts on its iPhones in China, cutting retail prices by as much as CNY 500 ($70, or roughly Rs. 5,800) amid growing competitive pressure in the world's biggest smartphone market.

Hon Hai Precision Industry warned of its fourth consecutive decline in quarterly sales after a 5.4 percent slide in the last three months of 2023 suggested consumer electronics demand remains muted.

Buyers of Apple's new iPhone 15 Pro Max in some countries including China, Japan and the United States may have to wait until November to get the smartphone, an early sign of strong demand for the company as it started taking pre-orders on Friday. The indications are likely to ease some worries about demand for Apple's flagship device after a slump...

Nokia reported a sharp fall in second-quarter profits on Thursday, dragged down by a drop in investment by North American mobile phone operators. The 5G deployment in India drove growth for its mobile network business. But net sales fell in North America as clients continue to review their spending and reduce their inventory levels.

Huawei Technologies is plotting a return to the 5G smartphone industry by the end of this year, according to research firms, signalling a comeback after a US ban on equipment sales decimated its consumer electronics business. Huawei should be able to procure 5G chips domestically using its own advances in semiconductor design tools along with chipm...

Huawei Technologies’ founder said that the company has replaced more than 13,000 parts in its products that were hit by US trade sanctions, according to a transcript of a speech posted on Friday by a Chinese university. According to the transcript posted by Shanghai Jiao Tong University, Huawei founder Ren Zhengfei said Huawei had over the past t...

Huawei Watch Buds have been launched in the United Kingdom. This is a smartwatch that stores a pair of TWS earphones inside. The earbuds are stored under a pop-cover and have a magnetic attachment system for easy storage. The smartwatch also has a 3D curved glass exterior and a leather strap.

Huawei says it posted its third straight quarter of growth, declaring a return to normalcy after overcoming a plethora of US restrictions this year. The company’s sales rose 7.2 percent to CNY 191 billion (roughly Rs. 2,27,820 crore) in the December quarter, according to Bloomberg’s calculations off annual figures, after carving out new income ...

Xiaomi has reportedly started to lay off workers in its smartphone and internet services business. According to a report, the company is reducing its workforce by 15 percent, and thousands of workers who were hired in December last year could be affected by the layoffs.

US authorities announced a ban Friday on the import or sale of communications equipment deemed "an unacceptable risk to national security" — including gear from Chinese giants Huawei Technologies and ZTE. Both firms have been on a roster of companies listed as a threat by the Federal Communications Commission (FCC), and the new rules bar future a...

Chinese tech giant Huawei’s revenue rose in the latest quarter as infrastructure sales helped to offset damage to its smartphone business under the US sanctions, according to figures released Thursday. However, the revenue in the first nine months of 2022 declined 2.2 percent from a year earlier to CNY 445.8 billion (nearly Rs. 5,07,400 crore),...

For the first time in recent years, Apple's iPhone sales made up half of China's high-end smartphone market as the US tech giant took a lead over Chinese brands, especially Huawei which is facing a survival crisis as the world economy headed for a prolonged recession.

Apple's iPhone sales in China fell 24 percent year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the US company faced increased competition from domestic rivals such as Huawei.

The Apple Vision Pro launched last week with sales reportedly crossing 200,000 units before the mixed reality headset hit retail stores in the country. Apple’s first release in a new product category since it introduced the first Apple Watch nearly a decade ago is currently only available in the US, but the company plans to bring the Vision Pro t...

Apple on Thursday forecast a drop in iPhone sales and targeted overall revenue $6 billion (roughly Rs. 49,714 crore) below Wall Street expectations as its China business took a hit. This overshadowed overall fiscal first-quarter sales and profit that beat analysts' targets, powered by iPhone growth, sending Apple shares down 3 percent in after-ho...

Apple is offering rare discounts on its iPhones in China, cutting retail prices by as much as CNY 500 ($70, or roughly Rs. 5,800) amid growing competitive pressure in the world's biggest smartphone market.

Hon Hai Precision Industry warned of its fourth consecutive decline in quarterly sales after a 5.4 percent slide in the last three months of 2023 suggested consumer electronics demand remains muted.

Buyers of Apple's new iPhone 15 Pro Max in some countries including China, Japan and the United States may have to wait until November to get the smartphone, an early sign of strong demand for the company as it started taking pre-orders on Friday. The indications are likely to ease some worries about demand for Apple's flagship device after a slump...

Nokia reported a sharp fall in second-quarter profits on Thursday, dragged down by a drop in investment by North American mobile phone operators. The 5G deployment in India drove growth for its mobile network business. But net sales fell in North America as clients continue to review their spending and reduce their inventory levels.

Huawei Technologies is plotting a return to the 5G smartphone industry by the end of this year, according to research firms, signalling a comeback after a US ban on equipment sales decimated its consumer electronics business. Huawei should be able to procure 5G chips domestically using its own advances in semiconductor design tools along with chipm...

Huawei Technologies’ founder said that the company has replaced more than 13,000 parts in its products that were hit by US trade sanctions, according to a transcript of a speech posted on Friday by a Chinese university. According to the transcript posted by Shanghai Jiao Tong University, Huawei founder Ren Zhengfei said Huawei had over the past t...

Huawei Watch Buds have been launched in the United Kingdom. This is a smartwatch that stores a pair of TWS earphones inside. The earbuds are stored under a pop-cover and have a magnetic attachment system for easy storage. The smartwatch also has a 3D curved glass exterior and a leather strap.

Huawei says it posted its third straight quarter of growth, declaring a return to normalcy after overcoming a plethora of US restrictions this year. The company’s sales rose 7.2 percent to CNY 191 billion (roughly Rs. 2,27,820 crore) in the December quarter, according to Bloomberg’s calculations off annual figures, after carving out new income ...

Xiaomi has reportedly started to lay off workers in its smartphone and internet services business. According to a report, the company is reducing its workforce by 15 percent, and thousands of workers who were hired in December last year could be affected by the layoffs.

US authorities announced a ban Friday on the import or sale of communications equipment deemed "an unacceptable risk to national security" — including gear from Chinese giants Huawei Technologies and ZTE. Both firms have been on a roster of companies listed as a threat by the Federal Communications Commission (FCC), and the new rules bar future a...

Chinese tech giant Huawei’s revenue rose in the latest quarter as infrastructure sales helped to offset damage to its smartphone business under the US sanctions, according to figures released Thursday. However, the revenue in the first nine months of 2022 declined 2.2 percent from a year earlier to CNY 445.8 billion (nearly Rs. 5,07,400 crore),...

For the first time in recent years, Apple's iPhone sales made up half of China's high-end smartphone market as the US tech giant took a lead over Chinese brands, especially Huawei which is facing a survival crisis as the world economy headed for a prolonged recession.