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Samsung takes early lead in 5G smartphone market, LG second
2019-12-12 09:49:00| Telecompaper Headlines
(Telecompaper) Samsung has taken the lead in the 5G smartphone market already, accounting for three-quarters of worldwide shipments in the third quarter, according to IHS Markit. The company shipped an estimated 3.2 million 5G smartphones in the period, equal to 74 percent of the total 4.3 million units shipped worldwide.
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market
early
lead
Xiaomi unveiles first 5G smartphone under low-cost Redmi brand
2019-12-10 15:07:00| Telecompaper Headlines
(Telecompaper) Xiaomi announced its first 5G smartphone under its low-cost Redmi brand. The Redmi K30 5G runs Qualcomm's new Snapdragon 756G processor and is designed to capture the quickly growing 5G market in China. The company also introduced a new laptop, smart speaker and router under the Redmi brand.
Tags: brand
smartphone
lowcost
xiaomi
Panasonic to sell off its smartphone chip unit for $250m
2019-11-28 01:00:00| Total Telecom industry news
Panasonic is to sell off its semiconductor and chipset manufacturing unit to Taiwan's Nuvoton Technology Corp, for an estimated $250 million. A report from Reuters highlighted the fact that Panasonic has already divested the majority of its chip businesses and the latest sale would form part of the company's ambition to cut its fixed costs by $920 million before March 2022…read more on TotalTele.com »
Tags: sell
unit
panasonic
chip
Xiaomi revenue growth slows to 5.5% in Q3 as smartphone sales turn lower
2019-11-27 13:48:00| Telecompaper Headlines
(Telecompaper) Xiaomi reported revenues for the third quarter of CNY 53.7 billion, up 5.5 percent from a year earlier. While smartphone revenues fell 7.8 percent to CNY 32.3 billion, the company said it improved gross margins and continued to grow its services business and in other consumer products.
China 5G rollout to drive first smartphone shipment rise in 4 years - IDC
2019-11-27 09:20:00| Telecompaper Headlines
(Telecompaper) The global smartphone market is set to return to growth for the first time in 4 years in 2020 on the back of China's huge investment in 5G technology, according to the latest report from IDC. Worldwide shipments are expected to grow 1.5 percent year on year in 2020 to just over 1.4 billion following falls of 0.3 percent in 2017, 4.3 percent in 2018 and an expected 1.4 percent this year. The 2020 figure is set to include 190 million 5G smartphones, accounting for 14 percent of the total, driven by recent developments in the China market along with anticipation of aggressive activity from the smartphone supply chain and OEMs, said IDC.
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