Huawei lowers its 2020 revenue target for the Indian market by 50%, may layoff 60%-70% employees

According to media reports, several people familiar with the matter said that China TelecomThe equipment manufacturer Huawei has lowered its 2020 revenue target in India by as much as 50%, and plans to lay off 60%-70% of its staff, excluding staff in R&D and global service centers.   Huawei’s move is mainly to respond to the …

Huawei lowers its 2020 revenue target for the Indian market by 50%, may layoff 60%-70% employees Read More »

Did Apple compensates Samsung about 950 million US dollars in 2020 for order shortfall ?

On July 14, according to media reports, Apple may have paid Samsung Display Company (Samsung Display) $950 million in compensation, because it failed to buy enough OLED panels from the latter to meet the minimum requirements of the contract. Like many companies in the iPhone supply chain, Apple usually reaches agreements with suppliers to set …

Did Apple compensates Samsung about 950 million US dollars in 2020 for order shortfall ? Read More »

Thailand’s largest mobile operator: Huawei entered the company’s 5G network construction bidding list

Advanced Info Service Public Company Limited (AIS) Thailand’s largest mobile operator, announced that Huawei is one of the companies bidding to build a 5G network. AIS is in the final stage of selecting suppliers. Companies participating in the bid include Ericsson, Nokia, Huawei, ZTE and Samsung. AIS President Hui Weng Cheong said: “We are in the stage …

Thailand’s largest mobile operator: Huawei entered the company’s 5G network construction bidding list Read More »

Is OnePlus 8 Pro worth buying? OnePlus 8 Pro review

As early as the OnePlus 7 Pro released last year , OnePlus achieved the first combination of 2K+ resolution and 90Hz screen refresh rate.  OnePlus differentiated in the high-end market with its high refresh rate, while driving the entire industry to move toward a high refresh rate.   OnePlus 8 Pro is now officially released, bringing …

Is OnePlus 8 Pro worth buying? OnePlus 8 Pro review Read More »

Indian Customs blocked Chinese parts, paralyzing some Foxconn factories

According to the latest news on July 3, India suddenly increased its review of imports from China. This move has clearly disrupted the operation and production of Apple’s largest foundry, Foxconn’s factory in southern India, while other companies’ operations in India Also began to be affected. A source revealed that the Indian customs suddenly detained …

Indian Customs blocked Chinese parts, paralyzing some Foxconn factories Read More »

Credit Suisse wins lawsuit and will recover Luckin Coffee’s 300 million debt

According to the documents of the Cayman Islands court, the bank led by Credit Suisse Group won a court order to dissolve the entity controlled by the Lu Zhengyao family chairman of Ruixing Coffee in order to recover the outstanding debt of US$324.1 million. Judge Raj Parker will issue an order to liquidate Primus Investments …

Credit Suisse wins lawsuit and will recover Luckin Coffee’s 300 million debt Read More »

ByteDance set up Australia office, former Google executive to serve as general manager of TikTok

According to media reports, a few days ago ByteDance set up the first Australian office, with former Google executive Lee Hunter (Lee Hunter) as the general manager of TikTok Australia. Joining Hunt with TikTok is also former Google executive Brett Armstrong (Brett Armstrong), who will serve as general manager of TikTok Australia’s Global Commercialization Solutions …

ByteDance set up Australia office, former Google executive to serve as general manager of TikTok Read More »

Samsung is rumored to reject Huawei’s OEM orders, or it may affect the latter’s production of high-end smartphones

The cooperation between Samsung and Huawei does not seem to be smooth. Recently, foreign media sources said that after Huawei issued an invitation to Samsung to cooperate in the foundry of 5G smartphone chips, the latter did not accept the cooperation, and this order has been contracted by TSMC . Just last month, BIS (American …

Samsung is rumored to reject Huawei’s OEM orders, or it may affect the latter’s production of high-end smartphones Read More »

U.S. telecommunications giants T-Mobile and AT&T plan to lay off thousands

According to media reports, after the merger with Sprint, US telecommunications operator T-Mobile faster than originally planned layoffs. At the same time, AT&T, a competitor in the industry, also informed the union that the telecommunications department of the company will lay off more employees. In April of this year, T-Mobile merged with rival Sprint to …

U.S. telecommunications giants T-Mobile and AT&T plan to lay off thousands Read More »

The high-speed maglev at 600 kilometers per hour is coming ! Successful test run!

On June 21st, CRRC Qingdao Sifang Locomotive and Rolling Stock Co., Ltd. undertaken a high-speed maglev test sample car with a speed of 600 kilometers per hour , which was successfully tested on the maglev test line of Tongji University in Shanghai , which marked an important breakthrough in the development of China’s high-speed maglev …

The high-speed maglev at 600 kilometers per hour is coming ! Successful test run! Read More »

Scroll to Top