Huawei Technologies

Huawei to pack less of a punch in the new year after bruising 2020

Huawei this year will probably see slower 5G business and push farther into software, while trusting its smartphones get a reprieve from US sanctions which last year broke the chip...


Facebook to test relaunched Instagram Lite in India

Facebook has said it is testing a new, less data-intensive version of its picture and video-sharing app Instagram in India, a key growth market for the US social networking giant.


Xiaomi seeking up to $4 billion in equity deals

Chinese smartphone maker Xiaomi Corp is aiming to increase up to $4 billion in an equity and convertible bond agreement launched in Hong Kong on Tuesday, as reported by a term shee...

Huawei Technologies

Huawei to sell its $15 billion Honor unit to Shenzhen government, Digital China

Huawei plans to sell budget-brand smartphone unit Honor at a 100 billion yuan (approximately $15.2 billion) deal to a consortium led by handset distributor Digital China and the go...

Huawei Technologies

Huawei manages third-quarter revenue growth as US restrictions bite

Huawei Technologies managed a profit in the third-quarter revenue as the effect of the coronavirus pandemic added to supply-chain woes brought about by US restrictions on doing bus...


Paytm targets a million apps on its mini app store to take on Google

Alibaba-backed Indian FinTech firm Paytm is aiming to get a million apps onto its own “mini app store” by the first quarter of 2021, it said on Thursday, seeking to cha...


Samsung likely to post 35% surge in third-quarter profit as smartphone sales recover

Samsung Electronics September-quarter profit has likely surged over a third, fuelled by increasing smartphone sales, plus a rush order of memory chips from China’s Huawei, an...


Mobile gaming firm AppLovin hires Morgan Stanley to lead its IPO

AppLovin Corp, the US-based mobile gaming company backed by private equity firm KKR & Co, has hired Morgan Stanley to lead preparations for an initial public offering which cou...

Angry Birds Rovio

Angry Birds maker Rovio’s Chief Executive leaving by mutual consent

The CEO of Angry Birds game maker Rovio Entertainment has said she would leave the company by mutual consent at the end of the year.

Huawei Technologies

Huawei Technologies ramps up investment in its home country

Huawei Technologies has built up stakes in various Chinese semiconductor companies and other tech businesses as the world’s biggest telecoms equipment manufacturer bolsters i...

Huawei Technologies

Huawei to share progress of Google Android OS rival

Huawei Technologies is expected to reply to the latest salvo of US tech constraints against it and share its progress on creating a system that is regarded as its very best bet to ...

Angry Birds Rovio

Angry Birds maker happy as stay-at-home gaming boosts profit

Rovio Entertainment, the Finnish maker of the 10-year-old “Angry Birds” smartphone app, has reported a 160% leap in second-quarter adjusted operating profit, helped by ...


Google turns Android phones into earthquake sensors

Google’s Android mobiles have started discovering earthquakes around the globe to provide data that could give countless users valuable seconds of warning of a tremor nearby,...

Rio Beach Smartphone App

Rio seeks to roll out a mobile app for beachgoers

Sunbathers wanting to stop by Rio de Janeiro’s famous beaches, despite Brazil’s raging coronavirus epidemic, will be able to book socially-distant sand distance via a c...