Still in U.S. doghouse, ZTE faces pressure from fresh allegations
The company’s stock fell over 10% amid reports of a new $1 billion fine from the U.S., clouding its outlook as it claws its way back from an earlier clash…
Stumbling Transsion calls on Hong Kong investors. But will they answer?
The budget cellphone specialist has filed for a Hong Kong IPO, even as its revenue began to fall in the second half of last year Key Takeaways Transssion has filed…
ATRenew gears up to take its recycling act global
The company said it has begun exporting Chinese devices, and plans to build up that part of its business over the next two to three years Key Takeaways: ATRenew’s revenue…
BRIEF: Xiaomi profit soars 130% in third quarter as EV revenue hits record
Smartphone maker Xiaomi Corp. (1810.HK) said on Tuesday its revenue rose 22.3% year-over-year to 113.1 billion yuan ($15.91 billion) in the third quarter, while its profit surged 129.5% to 12.26…
BRIEF: Q Technology’s camera module sales up 20% in October
Smartphone camera module maker Q Technology (Group) Co. Ltd. (1478.HK) said on Tuesday it sold 47.42 million camera modules in October, up 20.4% year-on-year and a 1.6% increase from September.…
INDUSTRY BRIEF: Huawei loses China smartphone crown in third quarter
A slumping Huawei lost its crown as the top brand in its home China market during the third quarter, as a resurgent Apple (AAPL.US) rose in the rankings on popularity…
Huaqin rides data center boom to Hong Kong IPO
Data center products, including servers and switches, surged past smartphones to become the ODM’s biggest revenue source in the first half of the year Key Takeaways: Huaqin’s strategic expansion from…