Samsung's strategy to outsource a larger number of its budget smartphones to Chinese manufacturers is becoming increasingly evident. According to projections by The Elec, the company is set to boost its outsourcing of smartphone production to 67 million units in 2024 through partnerships with Chinese ODMs and JDMs, up from 44 million in 2023, signifying a noticeable shift towards external manufacturing to optimize costs and efficiency.
In a remarkable comeback, Huawei has regained the number one spot in China’s smartphone market, after a hiatus of over three years, as per the latest insights from Canalys.
The next-generation Pixel 10 smartphone from Google will be powered by the Tensor G5 chip, crafted by TSMC. This strategic move marks the first time Google has shifted from Samsung Foundry for its chip production, heralding a new era for Pixel devices.
In a bold strategic initiative, Google has announced its intention to invest several billion dollars in Tamil Nadu, India, with the aim of establishing a significant smartphone production facility. This move is designed to bolster its manufacturing presence in the region and capitalize on the skilled labor pool, thereby stimulating economic and technological development locally.
In spite of the reduction in the average selling price by 17.8% over the quarter, market growth was constrained due to an excessive inventory accumulated from the 2023 holiday season, according to a report by research firm IDC released on Wednesday.
Smartphones have become a notable success story under the government's production-linked incentive (PLI) scheme, propelling them to become India's fourth largest export item with a growth of 42%.
Google has reportedly entered into a collaboration with the Indian electronics producer, Dixon Technologies, to manufacture its flagship smartphone, the Pixel 8, marking a significant move in the tech industry.
Samsung is expected to forgo its Exynos processors for Qualcomm's Snapdragon chips in the upcoming Galaxy Z Fold6 and Z Flip6 smartphones, a move hinted at by a recent report from the Korean publication, The Elec. This indicates a strategic shift for Samsung, which has, until now, relied on its own processors alongside Qualcomm's to power its innovative foldable phones.
At the heart of Parker's new initiative lies a deep-seated commitment to worker safety, championed by CEO Brennan Lewis and CRO Justin Barber, who are dedicated to leveraging technology to safeguard the well-being of their team.
Explore the best smartwatches compatible with Android, including standout models like the Samsung Galaxy Watch 6 and Google Pixel Watch 2, designed to redefine convenience and style for users.