Huawei has achieved a fourth consecutive quarter of growth in profits. In the first three months of 2024, the company's profits reached 19.6 billion yuan ($2.7 billion), representing a 564% increase compared to the same period last year. Sales growth was also impressive, reaching 37% to 178.8 billio...
By Rhod Mackenzie
Baidu, a Chinese entity, has been procuring chips from US-based company Nvidia for a prolonged period. The ongoing technological friction between Beijing and Washington, coupled with US Department of Justice's sanctions on Chinese corporations, has resulted in the Chinese firm s...
By Rhod Mackenzie
There is mounting evidence that Apple is losing its Chinese customer base. Primarily, this pertains to the newest iPhone 15 model, which has not been selling well in this crucial foreign market. Its sales declined by 6% in September compared to the previous year, according to the...