Latest Mobile phone manufacturing News

Executive's arrest, security worries stymie Huawei's reach

Dec. 16, 2018 8:31 AM EST

BEIJING (AP) — While a Huawei executive faces possible U.S. charges over trade with Iran, the Chinese tech giant's ambition to be a leader in next-generation telecoms is colliding with security worries abroad. Australia and New Zealand have barred Huawei Technologies Ltd. as a supplier for fifth-generation...

Huawei CFO gets bail; China detains ex-Canadian diplomat

Dec. 12, 2018 1:35 AM EST

VANCOUVER, British Columbia (AP) — A Canadian court granted bail Tuesday to a top Chinese executive arrested at the United States' request in a case that has set off a diplomatic furor among the three countries and complicated high-stakes U.S.-China trade talks. Hours before the bail hearing in Vancouver,...

Chinese court bans some iPhones over Qualcomm dispute

Dec. 10, 2018 2:00 PM EST

NEW YORK (AP) — U.S. chipmaker Qualcomm says it's won an order in a Chinese court banning some Apple phones in China as part of a long-running dispute over patents. Qualcomm said Monday that the Fuzhou Intermediate People's Court in China has granted preliminary injunctions ordering four Chinese...

China demands Canada release executive of tech giant Huawei

Dec. 6, 2018 4:46 PM EST

BEIJING (AP) — China on Thursday demanded that Canada release an executive of Chinese tech giant Huawei who was arrested in a case that compounds tensions with the U.S. and threatens to complicate trade talks. Meng Wanzhou, chief financial officer of Huawei Technologies Ltd., faces possible extradition to...

Microsoft surpasses Apple as most valuable public company

Nov. 30, 2018 4:21 PM EST

Microsoft's big bet on cloud computing is paying off as the company has surpassed Apple as the world's most valuable publicly traded company. The software maker's prospects looked bleak just a few years ago, as licenses for the company's Windows system fell with a sharp drop in sales of personal computers. But...

Apple's stock sours, Microsoft's soars. Say what?!

Nov. 27, 2018 4:28 PM EST

Wall Street investors are enamored with a newly emergent tech company. It has nothing to do with posting selfies or finding a soul mate. The company is instead making billions of dollars selling cloud-computing and other technical services to offices around the world. Say hello to Microsoft, the 1990s...

Smartphone makers bet on foldable screens as next big thing

Nov. 7, 2018 5:46 PM EST

SAN FRANCISCO (AP) — For the past few years, the smartphone industry has been searching for a breakthrough to revive a market mired in an innovation lull and a sales slump. A potential catalyst is on the horizon in the form of flexible screens that can be folded in half without breaking. Samsung and...

Stocks end a strong week with losses as Apple shares skid

Nov. 2, 2018 4:39 PM EDT

NEW YORK (AP) — U.S. stocks slipped Friday as Apple absorbed its worst loss in more than four years. Thanks to gains over the previous three days, the S&P 500 index finished with its biggest weekly increase since March. Apple, the world's largest technology company, forecast weak revenue in the current...

Apple's 4Q, change in iPhone sales disclosure jar investors

Nov. 1, 2018 7:17 PM EDT

SAN FRANCISCO (AP) — Apple's faithful customers aren't snapping up iPhones quite as enthusiastically as anticipated heading into the crucial holiday shopping season. But the latest models costing $1,000 and more are popular enough to keep propelling profits ever higher for the world's most prosperous...

Samsung reports 3rd-quarter profit surge on demand for chips

Oct. 31, 2018 2:32 AM EDT

SEOUL, South Korea (AP) — Samsung Electronics Co. has posted a record operating profit for the last quarter with robust demand for its mainstay memory chips compensating for a slowdown in its smartphone business. The South Korean technology giant on Wednesday said its operating profit during the...