Lowest quarterly revenue in over a year
HTC, the original equipment manufacturer that designs its own mobile devices and Google’s Pixel and Pixel XL smartphones, has announced net losses of $66.12 million for the first quarter of 2017. The company’s latest financials are the latest in a series - it's had eight consecutive losses over the past two years.
Xiaomi in number two spot worldwide
Apple shipped 3.5 million wearable devices worldwide in the first calendar quarter of this year, rising 59 percent from 2.2 million units in Q1 2016 and overtaking Fitbit as the world’s largest wearables vendor for the quarter.
Ranks third worldwide
After staying in second place in the overall Chinese smartphone market for two consecutive quarters, Huawei has managed to overtake Oppo to retake the top spot in the region during Q1 2017, according to a recent report from Canalys.
Competition for high-margin component orders heats up
Largan Precision, the world’s leading camera supplier for smartphones and lens supplier for Apple products, reported record high gross margins for the first quarter of 2017, showing the company’s strong competitive edge against a backdrop of component orders dominated by Foxconn and Pegatron.
Company needs to beat the 18 million it sold last year
Asustek Computer, the world’s fourth largest PC vendor by unit sales, managed to ship just 4.2 million notebooks in the first quarter of 2017, though its profits continued to remain strong thanks to higher average selling prices (ASPs), according to sources in the upstream supply chain.
A market share war between stylus tablets and 2-in-1 convertible PCs
It is no hidden secret that worldwide tablet shipments have progressively began a decline over the past three years, since the industry began experiencing year-over-year slumps to the present number of 39.6 million units in Q4 2016.
Q1 financials out
Qualcomm has announced its Q1 fiscal earnings and the conference call was deeply influenced by Apple’s latest decision to legally go after Qualcomm. The president of the company was crystal clear that the company will work to vigorously defend its business.
Device activations still top holiday charts
Apple is expected to cut back its production of iPhone devices by about 10 percent in the first financial quarter of 2017 due to slower than expected sales, according to a Nikkei daily report filed on Thursday.