Global Smartphone Shipments Fell 9 Percent in Q2 2022, Samsung Holds Biggest Market Share: Canalys
International smartphone shipments fell 9 p.c in Q2 2022, in line with a report by market analyst agency …
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India’s PLI Schemes Reduced Dependency on Mobile Imports by 33 Percent in FY22: Report
The phased manufacturing program and the production-linked incentive scheme have gone a protracted strategy to lower cellular imports …
Vivo India Remitted 50 Percent Turnover Worth Rs. 62,476 Crore to Avoid Paying Tax in India, Claims ED
A whopping Rs 62,476 crore has been “illegally” transferred by smartphone maker Vivo to China so as to …
Samsung Tops Global Smartphone Memory Chip Market With 46 Percent Share: Report
South Korea’s main semiconductor corporations, Samsung Electronics and SK Hynix maintain greater than 70 p.c of the smartphone …
Semiconductor Exports to Russia Said to Have Plunged by 90 Percent After Curbs Following Ukraine Invasion
International exports of semiconductors to Russia have plummeted by 90 p.c since america and allies slapped export controls …
NFT marketplace Opensea lets go of 20 percent of its staff
The world’s largest NFT platform, Opensea, is reducing 20 p.c of its workforce. The knowledge comes straight from …
Samsung Likely to Report 15 Percent YoY Rise in Server Chip Profits, Analysts Say
Samsung is more likely to flip in its greatest April-June revenue since 2018 with a 15 % year-on-year …
TSMC Quarterly Profit Surges 76 Percent, Beats Market Estimates on Strong iPhone 13 Demand
Taiwan’s TSMC posted a 76.4 % surge in second-quarter revenue on Thursday, the most important leap in earnings …
Tonal lays off 35 percent of its workforce
Related health tools maker Tonal is shedding 35 p.c of its workforce, in keeping with CNBC, Like Peloton, …
Samsung Electronics’ Q2 Profit Likely Rose 11 Percent on Solid Server Chip Demand
South Korea’s Samsung turned in its greatest April-June revenue since 2018 on Thursday, underpinned by robust gross sales …