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Woman who’s never owned a smartphone is juror in multibillion-dollar Apple-Qualcomm patent trial

A woman who has never owned a smartphone is among the nine jurors selected on Monday to decide a multibillion-dollar dispute between Apple and Qualcomm over the technology used in iPhones.The panel also includes a former Major League Baseball player turned air traffic controller, a retired psychologist and an environmental consultant.Opening statements will start on Tuesday at a trial in San Diego, California, over Apple’s claims that Qualcomm used its monopoly power as a supplier of modem… Source link

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China smartphone makers spin off secondary brands to go upscale

China’s four biggest smartphone makers are sharpening their focus on the fast-growing premium handset segment by spinning off secondary brands, as the industry braces for another year of decreased shipments around the world.Oppo, China’s second largest smartphone vendor, is set to introduce next month its Reno brand, which will provide a range of 5G and non-5G premium handsets.That would follow No 3 player Vivo’s launch earlier this month of its iQoo gaming smartphone brand. In January, Xiaomi… Source link

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Huawei targets 50 per cent smartphone market share in China on way to wresting global crown from Samsung

An employee shows a Mate X foldable 5G mobile device at the Huawei Technologies Co. pavilion on the opening day of the MWC Barcelona in Barcelona, Spain, on Monday, Feb. 25, 2019. At the wireless industry’s biggest conference, over 100,000 people are set to see the latest innovations in smartphones, artificial intelligence devices and autonomous drones exhibited by more than 2,400 companies. Photographer: Stefan Wermuth/Bloomberg Source link

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Xiaomi unveils new flagship smartphone, naming Chinese singer as brand ambassador to pump up domestic sales

Xiaomi, the world’s fourth largest smartphone supplier, launched a new medium-to-high-end model on Wednesday, naming an 18 year old Chinese singer and actor as brand ambassador in a move to shore up slipping sales in the hypercompetitive domestic market.The Mi 9, priced from 2,999 yuan (US$444) is the company’s first smartphone to be launched since it turned its budget Redmi line into an independent brand last month, a move that has enabled it to pursue the high-end segment of the smartphone… Source link

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Smartphone giant Xiaomi, Tencent Music among a dozen stocks to be added to MSCI China Index

Smartphone giant Xiaomi and online video platform Iqiyi are among a dozen listed companies to be added to MSCI’s benchmark Chinese equities gauge, the global index compiler announced on Monday. The inclusion of the stocks in the MSCI China Index at the end of February is likely to benefit them in the long term because they may attract global funds that track such indexes, said analysts. MSCI claims to serve “99 of the top 100 largest money managers”. “Those funds will not buy and sell frequently but [they will] hold…

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Meet the ‘godfather’ of China’s smartphone industry

Over a span of about 10 years, Chinese smartphone brands have not only topped sales in their home market, but also outshone major foreign rivals in many emerging and developed economies. The success of four of those brands – Oppo and Vivo as well as recently established OnePlus and Realme – can be directly attributed to the guiding hand and investment savvy of reclusive Chinese billionaire entrepreneur, investor and philanthropist Duan Yongping. He is the founder and chairman of privately held BBK Electronics Corp, a 24-year-old company based in the…

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Behind the rise of China’s smartphone brands lies growing unease over country’s tech gains

Like many urban Chinese consumers, Shenzhen civil servant Gao Jian has had a long-held belief that the quality of domestic smartphone brands paled in comparison with foreign brands, especially Apple. But in December, Gao joined the growing number of mainland consumers who have made the switch from Apple’s iPhone to a premium Android smartphone from a major Chinese brand. He bought a Mate 20 Pro, the flagship model from the country’s largest smartphone supplier Huawei Technologies. “Its design and cameras are better than what I expected,” Gao said. “Also, iPhones…

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China’s smartphone shipments fall to pre-2014 level as economic slowdown bites, says report

China’s economic slowdown and consumers pulling back on spending have taken a toll on its smartphone industry, with shipments to the world’s largest phone market retreating to the level before 2014, according to an industry report from research firm Canalys. Global smartphone makers shipped about 396 million phones to mainland China last year, down 14 per cent from the previous year’s 459 million units, according to the report. The decline, which Canalys described as “the most dramatic in history”, brought the annual shipment figure down to the period before 2014,…

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Credit Suisse predicts steep fall in global smartphone output as demand and China economy slow

Global smartphone production in the first quarter of this year is expected to drop 19 per cent as major handset makers feel the effects of softer demand and weak consumer sentiment in China, according to a technology research report from Credit Suisse. Production volumes are expected to slow at Apple, Samsung and Chinese smartphone makers and “the bottom is not yet in sight,” according to Credit Suisse analysts, who revised down a previous forecast for a drop of 14 per cent to 19 per cent. Output of Apple Inc.’s iPhones…

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Chinese smartphone maker Coolpad seeks to reverses losses, eyes expansion in US, Europe

Loss-making Chinese smartphone maker Coolpad Group was once a leading player in the domestic market before intense competition forced it to seek greener pastures elsewhere. That turned out to be the US, where the Shenzhen-based company now derives about 90 per cent of its revenue. Coolpad will continue to expand in both the North and South American markets, as well as some European countries, chief executive Jiang Chao said in an interview in Las Vegas, where it was showing some new products in a hotel. But China remains off the…

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