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As Global Smartphone Shipments Fall To 2-Year Low In Q2, Here's How Apple Did Vs. Samsung And Chinese Vendors
Friday, July 29, 2022 - 10:17am | 545Global smartphone shipments fell to the lowest level in two years in the second quarter of 2022, data from research firm Canalys showed. This followed a brief recovery the market experienced in 2021. The firm also expressed caution regarding second-half performance. Samsung Leads, But Market Share...
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Apple Becomes The Top Smartphone Vendor In China For The First Time In 6 Years
Wednesday, January 26, 2022 - 2:32pm | 490As Apple, Inc. (NASDAQ: AAPL) gears up to release its December quarter earnings scorecard, a data point released Wednesday increases confidence in a strong showing. Apple Back On Top: Apple has overtaken local player Vivo to become China's top smartphone vendor in the December quarter,...
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Xiaomi To Open Car Plant In Beijing With Annual Output Of 300K Vehicles
Saturday, November 27, 2021 - 6:02pm | 227Chinese designer and manufacturer of consumer electronics Xiaomi Corp (OTC: XIACF) says it will build a car plant in Beijing which will produce close to 300,000 vehicles annually. The plant will be constructed for its electric vehicle unit. It will also build its auto unit'...
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Apple Loses Leadership Position In Wearable Band Market To This Chinese Company
Wednesday, September 8, 2021 - 7:11am | 485The competitive dynamics in the global wearable band market has changed in the second quarter, according to a new report from Canalys. Apple Toppled: China's Xiaomi Corp (OTC: XIACF) overtook Apple Inc (NASDAQ: AAPL) to become the top wearable band vendor in the second quarter,...
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Xiaomi Wants Regulatory Clarity Before Venturing Into Crypto In India
Monday, August 23, 2021 - 6:31pm | 362What Happened: Multinational electronics company Xiaomi Corp (OTCMKTS: XIACF) is open to expanding its financial services business to include cryptocurrency, but only after it is clear on the regulatory environment. Manu Kumar Jain, managing director of Xiaomi India, told the Economic Times...
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Exciting Smartphone Offerings To Watch Out For In 2021
Saturday, December 26, 2020 - 1:24pm | 1282The latest iteration of Samsung's Galaxy Z Flip is among the phones to watch for in 2021. Smartphone shipments, although witnessing slackness due to the COVID-19 pandemic, have recovered and are poised to end the year flat to slightly higher. Shipments are estimated to grow 4.4% in 2021,...
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Chinese EV Maker Xpeng Motors Seeks $500M US IPO: Report
Wednesday, June 3, 2020 - 1:58pm | 303Electric vehicle pioneer Tesla Inc (NASDAQ: TSLA) might be getting more tough competition from the Chinese EV market. Nio Inc – ADR (NYSE: NIO) hit the U.S. markets back in September of 2018, and now Xpeng Motors is planning a U.S. listing, the South China Morning Post reported. What Is Xpeng...
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Samsung Names New Smartphone Chief As It Seeks To Secure Market Dominance
Tuesday, January 21, 2020 - 2:49am | 474Samsung Electronics Co. Ltd. (OTC: SSNLF) has promoted its youngest president Roh Tae-moon to lead the smartphone unit, Bloomberg reported on Monday. What Happened Roh is taking over the job from co-CEO Koh Dong-Jin, who will continue in his role as the conglomerate's overall IT and...
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Chinese Brands Are Taking The Global Economy By Storm
Monday, June 17, 2019 - 3:05pm | 589Chinese stocks have taken a big hit from the trade war, with the iShares FTSE/Xinhua China 25 Index (NYSE: FXI) down 13.8% in the past year. While Chinese investors are enduring a near-term dip in the stock market, Chinese brands are growing like wildfire on the international front. BrandZ recently...
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IDC On Wearables: Shift Is Underway To 'Smarter Devices'
Monday, June 4, 2018 - 2:42pm | 415The wearable market continues to grow, but at a slower rate, according to IDC. What Happened Global shipments of wearable devices rose 1.2 percent in the first quarter of 2018 to 25.1 million units, which marks a slowdown from 18-percent growth seen in the same period a year ago, IDC said....
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Xiaomi's Hong Kong IPO Filing Is The World's Largest Since Alibaba
Thursday, May 3, 2018 - 10:27am | 392Chinese handset maker Xiaomi's Chinese IPO could be the largest listing globally since the $25-billion debut of Alibaba Group Holding Ltd (NYSE: BABA) in 2014. What Happened Xiaomi filed its intention to go public wtih the Hong Kong stock exchange Thursday. The company is...
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Will Increasing Competition Hurt Fitbit's Q1 Earnings?
Monday, April 30, 2018 - 11:31am | 483Fitbit Inc. (NYSE: FIT) is set to report first-quarter 2018 results on May 2. Notably, Fitbit's results surpassed the Zacks Consensus Estimate in three out of the trailing four quarters. It has an average four-quarter positive surprise of 43.3%. The company's growth has been hampered...
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7 Big Companies That Could Tap The IPO Markets In 2018
Thursday, February 22, 2018 - 12:17pm | 1395A breakout year for IPO has yet to materialize after the stellar showing in both 2013 and 2014. The performance in 2017 can at best be qualified as lukewarm — despite the record run of the equity markets. IPOs could become easier, gaccording to a report in the Wall Street Journal Thursday...
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The Top 10 Most Valuable Unicorns
Thursday, September 21, 2017 - 11:30am | 630The United States is home to the most unicorn companies in the world, with over 100 such companies, according to a new report by HowMuch. The term unicorn, used to describe a private company valued at at least $1 billion, was thrust into the spotlight after Uber became the ultimate unicorn as it...
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Why Does China Continue To Be Apple's Weakness?
Sunday, August 27, 2017 - 3:53pm | 962Apple Inc. (NASDAQ: AAPL) reported thumping fiscal year third-quarter results, with beats all around. Earnings per share, revenues, services revenues and iPhone shipments all exceeded expectations. Given that the fiscal third quarter is a seasonally weak one for Apple, expectations were muted...