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Monday 15 July 2024
Xiaomi smart factory aims for lighthouse status, impacts partnerships and finances
Amid the wave of Industry 4.0, Xiaomi announced the operation of its fully automated smart factory in Beijing. It aims to be one of the lighthouse factories, with implications for...
Monday 15 July 2024
Weekly news roundup: Chinese brands dominate domestic smartphone and TV markets; Taiwan fab toolmakers grab major orders
These are the most-read DIGITIMES Asia stories in the week of July 8 – July 12.
Monday 15 July 2024
AI's surge fuels hardware demand; spotlight shines on AI smartphones
As AI continues to advance, the appetite for related hardware products remains insatiable. Recently, alongside AI servers and AI PCs, the market has been abuzz with discussions about...
Monday 15 July 2024
Xiaomi profits in India fall by 77% amid fresh 10-year plan
Xiaomi's India business faced a significant setback in the 2023 fiscal year, with both revenue and net profit experiencing steep declines. The company is now pinning its hopes on...
Friday 12 July 2024
Samsung's new foldables boosted by AI, annual sales growth to exceed 20%
On July 10, Samsung Electronics unveiled its new generation of foldable smartphones. Samsung announced the Galaxy Z Fold 6 and Flip 6 series, along with new products such as the Galaxy...
Friday 12 July 2024
Imminent AI-driven flagship smartphone war to boost Apple orders
Both major SoC players, Qualcomm and MediaTek, have maintained an optimistic outlook since the beginning of the year. Apple, which initially projected lower sales for 2024, has sparked...
Friday 12 July 2024
Xiaomi's 'lights-out factory' to mass produce new foldable smartphones
Xiaomi has officially opened its "lights-out" smart smartphone factory in Changping, Beijing.
Friday 12 July 2024
Shipment pull-ins for foldable smartphones from China strengthen
The strengthening of shipment pull-ins for foldable smartphones from China has buoyed related chip component suppliers' sales performance, according to industry sources.
Friday 12 July 2024
Apple rumored to stock up iPhone 16s to 90 million units; Foxconn initiates peak season hiring
Supply chain sources indicate that following the reveal of the new AI platform Apple Intelligence at the WWDC in June and the announcement that it will be integrated into the iPhone...
Friday 12 July 2024
Key takeaways from Largan 2Q24 earnings call
Largan Precision, a leading smartphone lens manufacturer, expressed caution regarding high-end mobile phone demand during its quarterly investor conference on July 11. Despite this,...
Thursday 11 July 2024
MediaTek to surpass Qualcomm Snapdragon in 5G smartphone market
According to Omdia, 5G smartphones equipped with MediaTek processors experienced significant growth in the first quarter of 2024. Shipments increased by 53%, rising from...
Thursday 11 July 2024
Largan reportedly signs LTA contract with US smartphone vendor
Largan Precision has reportedly entered into a long-term agreement (LTA) with a major US smartphone vendor, a move expected to increase its market share and pricing power, according...
Thursday 11 July 2024
AMOLED phone shipments outnumber LCD ones, heaping pressure on Taiwanese panel supply chain
AMOLED has overtaken LCD as the mainstream screen technology for mobile phones, heaping pressure on Taiwanese panel makers who specialize in the latter, according to industry sourc...
Wednesday 10 July 2024
Chinese brands dominate smartphone and TV markets via dual circulation strategy
The strength of Chinese domestic brands in the electronics sector is exceptional, with brands such as Hisense, TCL, Xiaomi, Skyworth, Changhong, Konka, Haier, and Huawei collectively...
Tuesday 9 July 2024
Xiaomi aims to double shipments in India in next decade
As Xiaomi enters its 10th year in the Indian market, the company hopes to double its product shipments and expand local manufacturing to strengthen its presence in the market.