In 2023 Apple became the biggest smartphone vendor by shipments in China for the first time. Last year, Honor, a spin-off from Chinese company Huawei, held the second spot with almost a 17% market share, followed by Vivo, Huawei and then Oppo. One of the biggest changes in 2023 wasRead More →
Nokia is planning to cut up to 14,000 jobs worldwide, or some16% of its workforce, as part of a cost-cutting plan following a 69% plunge in third-quarter profits. The Finnish technology company said the planned measures are aimed at reducing its cost base by between €800 million and €1.2 billionRead More →
British microchip designing giant Arm has announced that it has filed paperwork to sell its shares in the U.S. The Cambridge-based company, which designs chips for devices from smartphones to game consoles, plans to list on New York’s Nasdaq in September. The highly anticipated IPO in the U.S. comes after UKRead More →