Xiaomi Corp
Apple Apple iphone maker Foxconn says it desires to make vehicles for Tesla as it ramps up EV drive
Young Liu, chairman of Foxconn Technologies Group, speaks in front of a Model C electric powered automobile for the duration of an function in Taipei, Taiwan, on Tuesday, Oct. 18, 2022. Liu claimed he hopes one particular working day that Foxconn can make automobiles for Tesla. I-Hwa Cheng | Bloomberg | Getty Pictures Foxconn, the […]
Read More
Apple commences creating the Apple iphone 14 in India, marking a big change in its manufacturing method
A watch of the new Apple iphone 14 at an Apple event at their headquarters in Cupertino, California, September 7, 2022. Carlos Barria | Reuters Apple mentioned Monday it is assembling its flagship Apple iphone 14 in India as the U.S. engineering large appears to be to change some generation away from China. “The new […]
Read More
Singapore’s Temasek potential customers a $40 million funding spherical in a Chinese startup
In just three decades, Beijing-centered Properly-Link Technologies has constructed a small business on actual-time cloud rendering, together with supporting miHoYo launch the cloud edition of the strike video game Genshin Effect. Ina Fassbender | Afp | Getty Visuals BEIJING — Singapore condition financial investment company Temasek is foremost a $40 million funding spherical in a […]
Read More
Huawei spin-off Honor to start to start with foldable cellphone overseas as Chinese business will take on Apple, Samsung
Honor CEO George Zhao introduced the company’s Honor 70 smartphone in Europe through a digital presentation at the IFA trade show in Berlin, Germany. Honor, which was spun off from Chinese engineering huge Huawei in 2020, is making an attempt to strengthen its market place share outdoors of China. Honor Honor, the good equipment corporation […]
Read More
Smartphone shipments fell 9% in Q2, but Apple iPhone remains in high demand despite inflation pressure
Customers look at the iPhone13 smartphones at apple’s flagship store in Shanghai, China. Xing Yun | Future Publishing | Getty Images Shipments of Apple’s iPhone remain strong despite regional uncertainty and economic headwinds that dragged global phone shipments down 9% year over year in the second quarter, according to new data from research firm Canalys. […]
Read More
Investment banks say it’s time to get back into China, with Goldman naming 10 top stocks
China’s reopening after weeks of big-city lockdowns is “enticing” investors, according to HSBC , while Goldman Sachs has named a raft of stocks it says are at attractive valuations. Both Shanghai and Beijing have started to relax their Covid restrictions after weeks of strict lockdowns. This opening-up — combined with soaring government investment and plummeting […]
Read More
Here’s how much Apple’s supply chain depends on Shanghai
Apple opened its 54th flagship store in Greater China in the city of Wuhan in May. The iPhone company warned in late April that supply chain disruptions from China’s Covid controls would likely hurt sales in the current quarter by $4 billion to $8 billion. Sopa Images | Lightrocket | Getty Images BEIJING — Apple’s […]
Read More
China’s smartphone market could plunge 20% as Covid cases spike — but Apple may see growth
China’s smartphone market could decline in the second quarter as the country experiences a resurgence of covid cases, analysts said. But Apple could fare quite well, the analysts said as it continues to attract users in the high-end of the market. Future Publishing | Future Publishing | Getty Images China’s recent surge in Covid cases […]
Read More
Investment banks love these ‘cheap’ global stocks they say are set to outperform
Analysts from JPMorgan, Credit Suisse and more name the “cheap” global stocks to buy right now. Source
Read More
Asia is seeing a wave of buybacks. Goldman and Morgan Stanley say these companies could be next
Asia has seen a wave of stock buybacks, and bank analysts say it’s not stopping anytime soon. Chinese tech giant Alibaba said last week it will increase its share buyback program from $15 billion to $25 billion. Phone maker Xiaomi announced Tuesday a buyback of up to 10 billion Hong Kong dollars ($1.28 billion), while JD […]
Read More