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NEWS TAGGED MIDDLE EAST
Tuesday 10 September 2024
Global smartphones, 2Q 2024

Introduction

Tuesday 10 September 2024
Growth in Europe expected in 2025, says Acer EMEA head
Although inflation and geopolitical uncertainties still linger in the PC market in Europe, the final months of 2024 will see these impacts fade away, leading to a rebound in 2025,...
Friday 30 August 2024
Xiaomi reports strong 2Q24 results, aims to meet EV delivery target by year-end
Xiaomi released its financial report on August 21, which announced a revenue of CNY$88.9 billion (US$12 billion) with an annual increase of 32%. This quarterly statement has been...
Thursday 15 August 2024
Israeli tech firms tap Taiwan for R&D support as regional conflict escalates
15-20% of personnel from Israel's tech companies and university research centers have been drafted into the military, creating a vacuum in the country's R&D capabilities. To bridge...
Wednesday 7 August 2024
Novatek forecasts Q3 growth amid iPhone demand, warns of looming geopolitical uncertainties
Novatek Microelectronics anticipates increased revenue in the third quarter, driven primarily by growing smartphone demand, particularly for iPhones. However, the electronics industry...
Thursday 18 July 2024
Chinese PV companies flock to Middle East with new projects
Chinese firms in the solar power industry are accelerating their expansions into the Middle East, establishing an ecosystem covering both upstream and downstream sectors.
Wednesday 17 July 2024
China's solar industry finds oasis in the Middle East
With trade barriers from Europe and the US against Chinese solar imports, the Middle East, which is currently moving toward clean energy transformation and enjoys good trade relationships...
Thursday 27 June 2024
Nvidia partnered with Qatar telco to deploy AI data centers across the Middle East amid US export control tightening
Qatar-based telecom giant Ooredoo has signed an agreement with Nvidia to deploy thousands of Nvidia Tensor Core GPUs in its AI data centers amid the US's tightening export controls...
Thursday 9 May 2024
Alat fund of Saudi Arabia poised to cut China ties for US chips and AI
Saudi Arabia's Alat Fund is prepared to sever ties with China if requested by the United States, following a similar move by UAE's G42.
Thursday 11 April 2024
OpenAI's Altman pitches global AI coalition on trip to Middle East
OpenAI Chief Executive Officer Sam Altman has been working to build a global coalition among government and industry leaders to support boosting the supply of chips, energy, and data...
Wednesday 6 December 2023
As inflation and wars rage, notebook sales in Dubai remain unaffected
Recent geopolitical tensions and high inflation have had little impact on Dubai in the United Arab Emirates (UAE) as Michele Montecchio, general manager of Acer Middle East, noted...
Friday 1 December 2023
Samsung sees decrease in number of countries where it holds top market share
Samsung Electronics' smartphone business faced intense competition worldwide in 2023. It's estimated that there will be a decrease in the number of countries where it holds the top...
Monday 27 November 2023
Transsion and Realme conquer Middle East and African smartphone markets in 3Q23
Among all regions in the world, the Middle East and Africa are leading the recovery in consumer demands for smartphone shipment with Chinese vendors Transsion and Realme being the...
Wednesday 22 November 2023
Display products from Samsung and LGD expected to benefit from eSports' inclusion in Saudi Vision 2030
After the Covid pandemic eased, the gaming display market appears to have entered a period of stagnation. However, with the rise of gaming in the Middle East and Saudi Arabia categorizing...
Monday 23 October 2023
Hyundai to build its first EV plant in Middle East
Hyundai Motor will soon expand its production footprint to Saudi Arabia. The South Korean automaker plans to build a joint EV manufacturing plant in the country with the Public Investment...