3 days ago2 min read
Apple Slips to Third Place in China's Smartphone Market in 2024
Apple has been dethroned as the top smartphone seller in China for the year 2024.
5 days ago1 min read
Nokia and Samsung Strike Multi-Year Patent License Agreement
Finland's Nokia has announced a significant milestone by signing a multi-year patent license agreement with tech giant Samsung.
5 days ago1 min read
Microsoft Halts Hiring in US Consulting Unit as Cost-Cutting Measure, CNBC Reports
In a move to reduce costs, Microsoft is set to pause hiring in a section of its consulting business in the United States,
6 days ago3 min read
Nvidia Faces Revenue Threat from New U.S. AI Chip Export Curbs, Analysts Say
Nvidia is facing a significant revenue threat following the latest U.S. export restrictions on artificial intelligence chips,
Jan 132 min read
TSMC Anticipates 58% Surge in Fourth-Quarter Profit Amid Strong AI Chip Demand
Taiwan Semiconductor Manufacturing Co (TSMC), a key global player in advanced chip production for artificial intelligence applications
Jan 72 min read
India's Space Industry Funding Sees 55% Decline in 2024, Tracxn Data Reveals
Funding in India's space sector took a significant hit in 2024, dropping by 55% to US$59.1 million from US$130.2 million the previous year
Jan 62 min read
Foxconn Surpasses Expectations with Record Fourth-Quarter Revenue Driven by AI Demand
Taiwan's Foxconn, the world's largest contract electronics manufacturer, has reported its highest-ever revenue for the fourth quarter
Jan 31 min read
Apple Settles Siri Privacy Lawsuit for US$95 Million
Tech giant Apple has agreed to pay US$95 million in cash to settle a class action lawsuit alleging that its voice-activated Siri assistant
Jan 22 min read
China Unveils Ambitious Plan to Establish 10,000 5G-Powered Factories by 2027
China has set its sights on a groundbreaking initiative to construct 10,000 factories powered by 5G technology and establish at least 20
Jan 21 min read
Xpeng Announces Plans to Expand Workforce and Global Presence by 2025
Chinese electric vehicle manufacturer Xpeng is gearing up for significant growth as it sets its sights on hiring over 6,000 new employees
Dec 31, 20241 min read
Samsung Electronics Acquires Majority Stake in South Korea's Rainbow Robotics
South Korea's Rainbow Robotics announced that Samsung Electronics has become its largest shareholder.
Dec 31, 20242 min read
ByteDance Leads China's Big Tech Sector in Capital Spending with US$11 Billion for 2024
ByteDance leads China's Big Tech sector in capital spending for 2024 with US$11 billion investment in technology, including AI. The company'
Dec 27, 20241 min read
Xiaomi Teams Up with NIO, Xpeng, and Li Auto in EV-Charging Collaboration
Chinese tech giant Xiaomi has recently announced a groundbreaking partnership with leading electric vehicle manufacturers NIO, Xpeng Motors,
Dec 26, 20242 min read
Foxconn Makes Major Investment in Electric Vehicle Battery Plant to Expand Business Beyond Apple iPhones
Foxconn Technology Group, a key supplier to Apple, is venturing into the electric vehicle (EV) market with a substantial investment.
Dec 24, 20242 min read
China's Foldable Smartphone Shipment Growth Slows Amid Global Dip in Demand
The growth of foldable smartphone shipments in China is showing signs of slowing down this year, as reported by Counterpoint Research.
Dec 20, 20243 min read
Ireland's Data Centres Struggle to Keep Up with AI Demand
Dozens of colossal data centers on the outskirts of Dublin are now consuming more electricity than all urban homes in Ireland,
Dec 19, 20242 min read
China's GenAI Sector Experiences Funding Surge Amid Decrease in Deals
Chinese GenAI sector witnesses a surge in funding but a decrease in deals this year.
Dec 18, 20242 min read
US Finalises US$406 Million Chips Subsidy for Taiwan's GlobalWafers
The U.S. Commerce Department finalizes a $406 million grant for GlobalWafers to boost silicon wafer production in the U.S. GlobalWafers
Dec 17, 20242 min read
Xiaohongshu's Rise in E-commerce Sales Signals a Shift in China's Market
Xiaohongshu, a Chinese social media platform similar to Instagram, is gaining traction in e-commerce sales. Influencers on Xiaohongshu
Dec 16, 20242 min read
TikTok Shop Surpasses Shein and Sephora in Online Shopping Trends Among US Consumers
TikTok Shop surpasses Shein and Sephora in US online shopping trends. Consumer trends report reveals TikTok's growing influence among