Global smartphone market grew 19 per cent (year-over-year) but declined by 7 per cent quarter-over-quarter as 329 million units were shipped led by Samsung, a report said on Thursday. Samsung retained the number one spot with shipments reaching 58 million units in Q2 2021, however, its market share declined to 18 per cent as compared … Read more
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 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 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
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
The famed investor’s conglomerate held 245 million shares in the tech titan at last count, making it Apple’s second-largest shareholder with about 5.5% ownership of the company’s public stock. Apple stock has jumped 24% this year to close at an all-time high of $374 on Monday, meaning Berkshire has scored an $18 billion gain on … Read more
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