SEOUL, Sept. 7 (Korea Bizwire) – Samsung Electronics Co. maintained its top global smartphone maker title in June and July, data showed Thursday, with China-based Huawei Technologies Inc. rising to No. 2 for the first time ever on a monthly basis. According to the data compiled by Counterpoint Research, Samsung Electronics accounted for more than [...]
SEOUL, Aug. 24 (Korea Bizwire) — Fears of a slowdown in the Chinese economy sent shockwaves across global financial markets on Monday, leaving South Korean exporters jittery over their future performance as they rely heavily on the world’s second-largest economy, experts said. China’s Shanghai Composite Index tumbled 8.49 percent on Monday as investors dumped shares [...]
SEOUL, May 18 (Korea Bizwire) – Major electronics brands Apple and Samsung saw their shares in the global tablet PC market plunge in the first quarter of 2015, data showed Monday, dented by the rise of Chinese companies tapping deeper into the “white box” segment. U.S. tech giant Apple accounted for 24.3 percent of the global [...]
SEOUL, April 21 (Korea Bizwire) — A South Korean telecom device maker said Tuesday it has sent an official letter of complaint to the Seoul branch of Huawei Technologies, asking the Chinese firm to follow business ethics and stop recruiting its workforce. “Huawei has been making overreaching moves to take away experts from its rivals [...]
SEOUL, Nov. 25 (Korea Bizwire) – Less than two months after its release, Huawei Technologies is dropping the price of its budget X3 smartphone by nearly 40 percent, offering a 200,000-won-discount to local customers in a move indicative of the Chinese vendor’s struggling ‘smartphone push’ in Korea. Media Log, a local distributor and affiliate of [...]