Consumer Electronics

iPhone Sales Plummet in China While Huawei Reigns Supreme in Q1

In Q1 2024, iPhone sales in China dropped significantly by 19.1%, contrasting with the modest 1.5% growth in the overall smartphone market, largely attributed to Huawei's 69.7% surge with its Mate 60 series.


Amazon Is Ending Drone Deliveries in California, Eyes Arizona Expansion

Amazon has ceased drone delivery operations in Lockeford, California, as it prepares to expand its Prime Air program in Arizona...

Apple Reportedly Acquired French AI Startup Datakalab, Focusing on AI and Computer Vision

Apple has acquired Datakalab, a Paris-based startup specializing in AI compression and computer vision technology, which hints at potential advancements in features like Photos and Face ID in iOS 18...

Samsung to Implement Six-Day Work Week for Executives Slammed by Critics 'Not Effective'

Samsung's decision to implement a six-day work week for executives across its key affiliates in South Korea has sparked controversy...


Latest News

Canada Black Friday, Cyber Monday weekend spending up
Deals on clothing and cameras helped spur Canadian shoppers to spend more during the most recent Black Friday and Cyber Monday weekend than they did in 2013, according to a report by Canada's largest
Censors loom large over Sony's PlayStation China prospects
Sony Corp should fear China's censors almost as much as rival Microsoft Corp as it prepares to unveil the price and release date of its PlayStation 4 gaming console in the world's third-largest gaming
Struggling Sony to cut pay even as PM Abe calls for higher wages
Sony Corp is likely to cut average pay next year in a rare move for a big Japanese company, and one that goes against Prime Minister Shinzo Abe's push for higher wages to get the economy moving.
Cyber Monday sales start slow as early discounts hurt
U.S. online sales grew a smaller than expected 8 percent on Cyber Monday after web promotions before and during the Thanksgiving weekend robbed business from what has traditionally been the busiest da
Samsung Electronics to buy back $2 billion in shares
South Korea's Samsung Electronics Co Ltd (005930.KS) on Wednesday announced a $2 billion share buyback plan, its first since 2007, following investor calls for higher returns against a backdrop of rap
Samsung Electronics wins $3 billion Vietnam project license
South Korea's Samsung Electronics Co Ltd (005930.KS) has secured a license to invest $3 billion to expand its production in northern Vietnam, the Vietnamese government said.
Sony to cut TV, smartphone lineup; sees growth in PlayStation, image sensors
Japan's loss-making Sony Corp plans to slash its TV and mobile phone product line-ups to cut costs, counting on multi-billion dollar revenue surges for its buoyant PlayStation 4 and image sensor busin
Hon Hai, Innolux to invest $2.8 billion in Taiwan flat-panel plant
Hon Hai Precision Industry Co Ltd (2317.TW), the world's largest contract electronics manufacturer, will partner with flat-panel maker Innolux Corp (3481.TW) in investing T$86.8 billion ($2.8 billion)
China's Xiaomi says invests $300 million in online video firm iQiyi
Xiaomi Technology Co Ltd [XTC.UL] said on Wednesday it has made $300 million investment in online video provider iQiyi. The investment in iQiyi followed a separate stake purchase deal Xiaomi announced
Little-known Taiwanese chip designer spawns low-priced smartphone boom
Chips from Taiwan's MediaTek Inc were mostly passed over by the big phone brands a decade ago, with the likes of Nokia and Motorola commanding legions of in-house engineers who could advise on electro
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