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India confirms subsidies for Apple supplier Foxconn, Lenovo and 25 other tech hardware firms, bolstering country’s electronics supply chain ambitions

by Ron Morgan
India confirms subsidies for Apple supplier Foxconn, Lenovo and 25 other tech hardware firms, bolstering country’s electronics supply chain ambitions

India will provide subsidies to some of the world’s biggest tech hardware companies, including Apple supplier Foxconn Technology Group and computer giant Lenovo Group, under a scheme to boost domestic …

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Xiaomi claims a record $3.11 billion in Singles Day sales

by Walter Watson
Xiaomi claims a record .11 billion in Singles Day sales

YICHANG, CHINA – OCTOBER 29, 2023 – Customers experience Mi 14 series phones at a Xiaomi store in Yichang, Hubei province, China, Oct 29, 2023. (Photo by Costfoto/NurPhoto via Getty …

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Chinese chip maker SMIC’s sales fall for third straight quarter despite boost from Huawei’s 5G smartphone revival

by Anas Siddiqui
Chinese chip maker SMIC’s sales fall for third straight quarter despite boost from Huawei’s 5G smartphone revival

The Shanghai-based chip maker reported a 15 per cent fall in revenue in the September quarter to US$1.62 billion, versus an average projection for US$1.64 billion. Net income dropped 80 …

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Chinese consumer stocks that analysts like for their global potential

by Walter Watson
Chinese consumer stocks that analysts like for their global potential

In a dismal year for most Chinese stocks, a few consumer names with growing international revenue have outperformed the market — and are forecast to climb further. Take, for example, …

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China smartphone shipments continue decline in third quarter as former Huawei mobile brand Honor reclaims top vendor ranking

by Anas Siddiqui
China smartphone shipments continue decline in third quarter as former Huawei mobile brand Honor reclaims top vendor ranking

Honor, the mobile brand spun off from Huawei Technologies in 2020, emerged as China’s biggest smartphone vendor in the three months through September, when the industry’s largest market saw a …

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Chinese smartphone company Xiaomi releases HyperOS as it plans car

by Walter Watson
Chinese smartphone company Xiaomi releases HyperOS as it plans car

The Xiaomi HyperOS logo is displayed on a smartphone. Sopa Images | Lightrocket | Getty Images BEIJING — Chinese smartphone and appliance maker Xiaomi announced late Thursday a new operating …

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Stellantis to invest $1.6 billion in Chinese EV start-up Leapmotor

by Horatio Thompson
Stellantis to invest .6 billion in Chinese EV start-up Leapmotor

Chinese EV maker Leapmotor launched its first car for the international markets called the C10. Arjun Kharpal | CNBC Stellantis on Thursday said it will invest 1.5 billion euros ($1.58 …

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Buy these smartphone stocks to play the ‘next big thing’

by Walter Watson
Buy these smartphone stocks to play the ‘next big thing’

Analysts at Morgan Stanley have said foldable handsets are the “next exciting upgrade in smartphone displays” and named several stocks set to benefit. The bank expects global shipments of foldable …

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Honor Magic V2 foldable phone launch: Specs, price, details

by Walter Watson
Honor Magic V2 foldable phone launch: Specs, price, details

Honor released its Magic V2 foldable on July 12, 2023, starting with the China market. Honor Chinese consumer electronics firm Honor launched its flagship foldable smartphone overseas — venturing into …

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China floats two-hour daily limit of smartphone screen time for kids

by Walter Watson
China floats two-hour daily limit of smartphone screen time for kids

The powerful Cyberspace Administration of China proposed rules that would limit the screen time of children aged under 18 years old. Real444 | E+ | Getty Images Chinese regulators have …

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