Tag: Samsung
The rise of Xiaomi: from 4% to 24% European market share in 2 years
The stranglehold of smartphone giants Apple and Samsung on the European market seems to finally be loosening as other competitors gain a larger piece of the smartphone pie in Europe. According to data presented to TradingPlatforms.com, as of Q2 2021, Xiaomi now has a 24% share of European smartphone sales, compared to just 4% in…
Samsung launches £1599 foldable phone, Galaxy Z Fold 3
Samsung launched two new phones, one foldable and one flip-phone, but delayed the launch of the Note 21 'phablet' at its Unpacked event. The Samsung Galaxy Z Fold 3 will retail for at least £1,599 in the UK - £200 cheaper than the £1,799 charged for the Fold 2. The fourth-generation model (including the unsuccessful…
Tech Digest daily round up: Top journalists ‘targeted with phone malware’, reports claim
Rights activists, journalists and lawyers around the world have been targeted with phone malware sold to authoritarian governments by an Israeli surveillance firm, media reports say. They are on a list of some 50,000 phone numbers of people believed to be of interest to clients of the company, NSO Group, leaked to major news outlets.…
Tech Digest daily round up: Profit up 53% at Samsung Electronics
Tech giant Samsung Electronics has said it expects its quarterly profit to rise by 53% amid a global chip shortage. The world's biggest memory-chip and smartphone maker forecast operating profit of $11bn (£8bn) for the three months to the end of June. It said strong demand for memory chips had offset weaker sales of devices…
Tech Digest daily round up: Facebook value tops $1 trillion for first time
The stock market value of Facebook has topped $1 trillion for the first time after the tech giant won a court victory against US regulators. A federal court dismissed two lawsuits, from the Federal Trade Commission (FTC) and a coalition of states, sending Facebook shares up 4.2%. It took the value of Facebook above $1tn,…
Apple iPad hits over half a billion in lifetime sales
A new Apple iPad Pro, featuring 5G connectivity, was announced at an event last night (20/04/2020) Apple iPad sales spiked in 2020, as lockdown measures forced people worldwide to switch to working and educating at home. The surge in demand for iPad tablets, especially in the last quarter of the year,…
Are Today’s Smartphones Really Powerful Enough to Handle Streaming and Games?
People of a certain youthful age will only know mobile phones as being these incredible machines that can do pretty much anything. Those of a slightly older vintage will remember when the Snake game was considered the zenith of technological advancement, and that five minutes to load a single webpage was about par for the…
Wearable sales to increase 24% in 2021
Demand for wearables (including smartwatches and fitness trackers) remained robust during the pandemic and will grow by 24% to 239 million units worldwide in 2021, according to market analyst company CCS Insight. CCS Insight's report indicates an impressive 22% growth in unit sales for smartwatches and fitness trackers in 2020, with 193 million units sold,…
Tech Digest daily round up: Tesla rival Lucid Motors to go public
Tesla rival Lucid Motors has agreed to go public by merging with blank-check firm Churchill Capital IV Corp in a deal that values the combined company at a pro-forma equity value of $24 billion. Lucid, which is run by an ex-Tesla engineer, is the latest firm to tap the initial public offering (IPO) market, with…
Huawei announces £2000 Mate X2 foldable phone
Huawei has announced the Mate X2, its first all-new foldable device since 2019’s Mate X. The new phone has received a radical redesign compared to the original device, with a large screen that unfolds from the inside, rather than the outside. Announced in a YouTube video - below - the Huawei Mate X2 comes with top…