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In the first quarter this year, exports of phones and components were worth $14.1 billion, 99 percent of it by foreign firms. Exports of computers and parts exports topped $12 billion, with foreign companies accounting for 98 percent. The agency said the rate…
South Korean tech giant LG Electronics plans to use its smartphone production line in Hai Phong to make home appliances instead. The company has taken this decision after deciding to withdraw from the smartphone market and failing to find buyers for its…
China announced new import cuts this week to boost the nation’s semiconductor industry. This follows after US sanctions on some Chinese companies including tech giant Huawei and chipmaker SMIC to ease the impact on the industry. According to China’s finance…
U.S. consumer electronics giant Apple will extend to Vietnam a program that provides independent repair shops with access to genuine parts. In a blogpost Monday, the company said it would open registrations for the program later this week for Vietnam and 37…
Smartphone giant Xiaomi has been awarded a temporary block for its ban over links with the Chinese military, citing the original move as «arbitrary and capricious». U.S. District Judge Rudolph Contreras issued a temporary halt to the ban, claiming that Xiaomi…
Huawei should have been the top smartphone manufacturer in the world last year. The company had a plan in place to take over the top spot by 2021 and despite losing access to its U.S. suppliers (including Google) in 2019, by early 2020 the company had topped…
Vietnam’s electronics exports have been booming due to consistent foreign investment in the sector, HSBC said in a recent report. The country’s exports rose by 50.5 percent year-on-year in January, with the primary driver of growth being Samsung’s recently…
Kevin Lee, a veteran in the mobile telephony industry with over 30 years’ leadership experience, has been named the new president of Samsung Vina Electronics. He was senior vice president, Verizon Account, at Samsung Electronics America and president of…
With Apple set to report its fiscal 2021 first-quarter earnings report tomorrow (check-in around 5 pm ET), it looks as though things are off to a good start. According to research firms Counterpoint and CyberMedia, Apple delivered over 1.5 million iPhone…
Vietnam stands to benefit from its emergence as a global bright spot in electronics production with some index scores exceeding China and India. Experts attribute this to lower labor costs and better policy incentives. Jason Yek, Asia country risk senior…
It’s that time of the month when we review HTC’s latest revenue numbers and brace for disappointment. But in an unexpected twist, this time the Taiwan-based brand has positive news to report. For the last month of 2020, HTC reported NT$615 million ($21.96…
The Apple App Store generated over $64 billion in revenue last year. That would be a 28% increase over the $50 billion that the iOS digital storefront collected in 2019; it would also represent a 3.1% hike over 2018’s revenue of $48.5 billion. Part of the…
Back in May, the world’s largest foundry, Taiwan Semiconductor Manufacturing Co. (TSMC), was going to announce that it was building a U.S. based chip manufacturing facility. The U.S. facility moved one step closer to reality. Taiwan’s ministry of economic…
Brokerage firm Goldman Sachs analyzed smartphone data compiled by the China Academy of Information and Communications Technology (CAICT). The numbers revealed that November smartphone shipments in China amounted to 29.6 million units last month, down 15% from…
China’s Xiaomi grabbed a 12 percent market share in the third quarter to surpass Vivo and become the third-largest smartphone brand in Vietnam. Xiaomi reported sales growth of 114 percent year-on-year despite Covid-19 impacts, Singaporean technology market…
Samsung has always been trying to make people use its tools on their phones, regardless of whether or not there were better alternatives out there. That’s one of the reasons we’re seeing the South Korean giant closing many of them due to few people using…
