Xiaomi is world’s No. 2, beats Apple

Xiaomi has become the world’s second biggest smartphone maker over the past quarter following an 83% jump in shipments, according to preliminary estimates by Canalys. This marks the first occasion that Xiaomi, the Chinese maker of everything from rice cookers to gaming monitors, has broken into the top two, historically dominated by Samsung and Apple. … Read more

Apple taps debt markets to raise $14 billion for future shareholder payouts

Apple is taking advantage of the low interest rate environment to raise $14 billion in debt, according to Bloomberg. The debt offering will include 40-year bonds and proceeds from will go towards buying back stock and dividend payments. Apple ended its most recent quarter with $196 billion in cash, and $112 billion in debt. Sign … Read more

Microsoft makes a comeback in smartphone business with its new Duo

Microsoft is back to selling smartphones for the first time since it abandoned its mobile business more than four years ago. The company began taking orders Wednesday for the Surface Duo, a new dual-screen Android device that costs USD 1,399 and begins shipping in September. The high-priced gadget is designed to impress, but is also … Read more

Qualcomm’s new Snapdragon 865+ first mobile chipset to break 3GHz speeds

In what could be a big thing for mobile processors, Qualcomm today announced the Snapdragon 865+ chipset. While the chipset doesn’t make big changes to existing technologies, it is the first time a mobile chipset is capable of over 3GHz frequencies. It’s important advertisement for Advanced RISC Machine (ARM), which creates the architectures for almost … Read more

Smartphone sales in India hits zero in April

The extended lockdown in India has resulted in zero shipments for the smartphone players in India in the month of April as factories are shut and it will take two-four weeks time for the manufacturing units to resume normal operations once lockdown is relaxed. The month of March saw a steep annual decline in smartphone … Read more