Latest Mobile phone manufacturing News

China's Huawei says sales down but new ventures growing

Aug. 12, 2022 04:08 AM EDT

BEIJING (AP) — Chinese tech giant Huawei said Friday its revenue fell in the first half of 2022 but new ventures in autos and other industries helped to offset a decline in smartphone sales under U.S. sanctions. Revenue fell 5.9% from a year earlier to 301.6 billion yuan ($44.8...

Apple still thriving as economy slows, despite 3Q profit dip

Jul. 28, 2022 18:19 PM EDT

BERKELEY, Calif. (AP) — Apple’s profit slipped during the past quarter, but the world’s largest technology company is holding up better than many of its peers as the economy teeters on the edge of a recession. While grappling with manufacturing headaches and inflation...

India raids second Chinese mobile company this month

Jul. 13, 2022 11:00 AM EDT

NEW DELHI (AP) — Indian investigators have raided an Indian subsidiary of Chinese smartphone maker Oppo, accusing it of evading customs duties totaling 43.9 billion rupees ($551 million), the government said Wednesday. The Enforcement Directorate, India's financial crime...