Tag Archives: China

China Nibbles at Samsung’s Share to Take 50 Percent of India’s Smartphone Market: Counterpoint

Chinese brands took their largest ever slice of the $10-billion Indian smartphone market in late 2016, accounting for more than one in every two phones sold – a growing market share that ate into sales from top-selling Samsung Electronics. Samsung, the single most popular smartphone brand in India, commanded a roughly 30 percent market share just over a year ago. ... Read More »

Wall Street Dragged Lower On Tech Stocks; China Tension Weighs

Analysts said investors were anxious and turned to defensive sectors in stocks as well as US Treasuries. New York: US stocks fell on Friday, weighed by a more than 4 per cent drop in Oracle shares, while recently battered stocks in the real estate and utilities sectors posted the largest gains. Oracle dropped 4.3 per cent to $39.10 after its ... Read More »

Asia Stocks Find Relief As China Set To Return Seized US Drone

MSCI’s broadest index of Asia-Pacific shares outside Japan tacked on 0.1%. Tokyo: Asian shares steadied in early trade on Monday after China agreed to return a US drone it had seized, easing worries about rising diplomatic tensions between the world’s two biggest economic powers. MSCI’s broadest index of Asia-Pacific shares outside Japan tacked on 0.1 per cent after falling to ... Read More »

iPhone Fires in China Caused by External Damage, Says Apple

Apple has blamed “external physical damage” for causing a handful of iPhones to explode or catch fire in China and insisted that its handsets posed no safety problem. Fresh on the heels of Samsung’s worldwide Galaxy Note 7 safety fiasco, a Shanghai consumer watchdog said last Friday it had received eight recent reports of iPhones that spontaneously combusted while being ... Read More »

Samsung Quashes Battery Link to Report Galaxy Note 7 Fires in China

Samsung Electronics Co. determined that a problem with batteries that triggered a global recall of its Galaxy Note 7 smartphones wasn’t to blame for devices that burst into flame in China, saying their combustion was likely due to unspecified external heat sources. The company launched a preliminary investigation after comments circulated over the weekend on social media about two of ... Read More »

Samsung Galaxy Note 7 Smartphones Reportedly Catch Fire in China

Two Samsung Galaxy Note 7 smartphones reportedly have caught fire in China in what, if confirmed, would be the first such incidents in the world’s largest smartphone market. Samsung Electronics said it was investigating one of the reported cases. The South Korean firm had earlier said Galaxy Note 7 smartphones sold in China were safe to use. A user of ... Read More »

Samsung Galaxy Note 7 Banned From Being Charged, Used on Flights in China

The Civil Aviation Administration of China (CAAC) said that it will outlaw the use and charging of Samsung Galaxy Note 7 phones aboard flights from Wednesday. The CAAC also said that it will not allow the phones to be placed in checked-in baggage, or sent as air freight, according to a statement posted on its website. Samsung Electronics is recalling ... Read More »

Samsung Galaxy Note 7 Recall: Company to Recall 1,858 Smartphones in China

China’s quality watchdog said on Wednesday Samsung Electronics Co Ltd’s local unit will recall 1,858 units of its Galaxy Note 7 phones, after the Korean firm’s product was found to have fire-prone batteries. Samsung first halted sales earlier this month of the Galaxy Note 7 in 10 markets, including South Korea and the United States, but not in China where ... Read More »

iPhone 7 Launch: Muted Online Chatter Suggests Wait and See Approach in China

  Judging by the volume of online chatter, there’s a lot less buzz in China ahead of this week’s expected launch of the new Apple iPhone, and people on the street say they’re more likely to “wait and see” what the latest device offers than rush out to buy. Posts on China’s popular Sina Weibo microblogging site show the iPhone ... Read More »

Samsung Galaxy Note 7 Launched With 4GB RAM, 64GB Storage in China

  In a strange turnaround that contradicts its earlier statements, Samsung has launched Galaxy Note 7 in China with 4GB of RAM and 64GB of storage, as opposed to 6GB of RAM and 128GB of storage. The company had put to rest earlier rumours saying it was indeed considering launching a higher memory and storage variant for China. To recall, ... Read More »