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Infinix starts smartphone manufacturing in Egypt in partnership with Sico
2020-12-03 09:39:00| Telecompaper Headlines
(Telecompaper) Infinix says it has started manufacturing its smartphones in Egypt, the Daily News reported. This makes Infinix the first global smartphones maker to start production lines for its handsets in Egypt, and the second mobile factory in the country after domestic firm Sico Technology. Infinix has signed a cooperation agreement with Sico, under which new production lines to assemble smartphones will start up at Sico's facility in the Assiut technology zone.
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manufacturing
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IDC sees smartphone market returning to growth in Q4
2020-11-25 17:11:00| Telecompaper Headlines
(Telecompaper) The global smartphone market is expected to return to growth in the fourth quarter with shipments up 2.4 percent year-on-year, IDC predicts after a stronger-than-expected third quarter. Growth should improve modestly in 2021 to an annual rate of 4.4 percent, driven by promotions on 5G devices and a recovering supply chain, the market researcher expects.
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growth
returning
sees
Xiaomi revenue growth accelerates to 35% in Q3 on stronger smartphone sales
2020-11-24 14:58:00| Telecompaper Headlines
(Telecompaper) Xiaomi reported a strong acceleration in sales growth in the third quarter, driven by demand for its affordable 5G smartphones. Revenues rose 34.5 percent year-on-year to CNY 72.2 billion, and the company shipped 45.3 percent more smartphones than in Q3 2019, at a total 46.6 million units.
Tags: sales
growth
revenue
stronger
Global smartphone sales recover in Q3, Xiaomi overtakes Apple in third spot
2020-10-30 14:41:00| Telecompaper Headlines
(Telecompaper) The global smartphone market contracted 4 percent year on year in the third quarter to 365.6 million units, hurt by ongoing Covid impact, but rose 32 percent sequentially, according to the latest report from Counterpoint. The recovery was driven by pent-up demand in key markets such as the US, India and Latin America, said the report, adding that easing lockdown conditions worldwide also helped to streamline the supply chain again.
Tags: sales
global
third
apple
Huawei unveils new Mate 40 Pro flagship smartphone with 5nm processor
2020-10-23 09:29:00| Telecompaper Headlines
(Telecompaper) Huawei has unveiled its new flagship smartphone, the Mate 40. This is the second phone after the iPhone 12 to run a 5nm processor, Huawei's own Kirin 9000, which offers a significant improvement in speed, performance and energy efficiency. Available as the Mate 40 Pro and Mate 40 Pro+, the new phone also includes 5G with mmWave support, an upgraded camera system, a new 'Space Ring' design and a range of new Huawei apps. The new phone will go on sale in early November from EUR 1,199.
Tags: pro
mate
processor
smartphone
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