huawei
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iPhone Loses Market Share Dominance in China, Report Says
Apple’s iPhone lost its top spot among Chinese smartphones, according to a Jefferies analyst note originally reported by CNBC. A lacklustre release of the iPhone 15 allowed Huawei to replace the iPhone as the number one spot for market share. Apple expected the most expensive iPhone 15 to be a top seller, however, Jefferies analysts…
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Seagate Fined $300 Million for Selling Hard Disk Drives to Blacklisted Huawei
US computer storage giant Seagate has been fined $US300 million for shipping over 7 million hard disk drives to Huawei despite a Commerce Department ban prohibiting exports to the Chinese tech company. The fine marks the largest penalty lodged against a company for doing business with Huawei since it was added to the trade blacklist…
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A U.S. Senator Says His New TikTok Ban Is Just Good Business
For years, American politicians have worked to ban TikTok over privacy and national security concerns. But the leaky ad businesses of other tech companies, including American ones, could expose data to the Chinese Communist Party in the exact same ways, and the U.S. government’s technical evidence to demonstrate why TikTok is thin. Sen. Mark Warner…
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Saudi Arabia Is Trying to Pivot From Big Oil to Big Tech
The country of Saudi Arabia has scrounged up several billion dollars in investments from major tech companies, which are interested in building cloud computing centres in the region.