Tag Archives: Million

Apple Reports Record $78.4 Billion in Revenue; iPhone Sales at an All-Time High of 78.3 Million Units

Apple on Tuesday reported a rebound in iPhone sales to lift the tech giant to record revenue in the past quarter in quarterly results that eased concerns of slowing growth. The results showed strong demand for Apple’s iPhone 7 models launched last year, with demand outpacing supply. Revenue climbed to an all-time record $78.4 billion (roughly Rs. 5,30,498 crores) compared ... Read More »

Google Paid Out $3 Million to Bug Researchers in 2016; Nearly $1 Million for Android

Google last year gave out $3 million (roughly Rs. 21 crores) as part of its Vulnerability Rewards Program where the company pays out researchers to find, fix, and prevent vulnerabilities specifically in Android, Chrome, and other Google products and services. In a blog post, the company updated the details and said that it nearly gave Android and Chrome researchers nearly ... Read More »

Nokia 6 Second Flash Sale Registrations Reach 1.4 Million on Thursday

Interest in the Nokia 6 smartphone seems to be going strong at the moment, as the registration numbers for the smartphone, ahead of its second flash sale in China, have now touched the 1.4 million mark. Just last week, the available Nokia 6 units were sold out and the smartphone went out of stock within a minute in its first ... Read More »

India’s Smartphone User Base Tops 300 Million in Q4 2016: Counterpoint

The smartphone user base in India – with Chinese brands dominating the market – crossed 300 million as shipments grew 18 percent annually in 2016 compared to the global smartphone market which grew only three percent, a new report said on Tuesday. In the fourth quarter of 2016, Chinese brands such as Vivo, Oppo, Lenovo and Xiaomi contributed 46 percent ... Read More »

Dual Camera Maker Corephotonics Receives $15 Million Investment From Samsung, Foxconn, Others

Israeli firm Corephotonics, specialised in making dual camera setups for smartphones, has managed to raise a whopping $15 million in a funding round. The biggest investors in the company include Foxconn, Samsung, and MediaTek. The investment is significant as it indicates the importance being placed on dual camera setups, seen in such smartphones as the iPhone 7 Plus and the ... Read More »

2 Days Ahead of January 19 Flash Sale, Nokia 6 Registrations Cross 1 Million

The nostalgia factor for the Nokia brand name seems to be working in favour of HMD Global as its new Nokia 6 smartphone has amassed over 1 million registrations for its first flash sale. The first Nokia 6 flash sale will be held on January 19 on JD.com; the smartphone will be available only in China. The smartphone had 250,000 ... Read More »

Samsung Galaxy S8 Shipment Goal at 60 Million Units, Small Batch to Be Released Early: Reports

South Korean consume electronics giant Samsung is hoping to make a comeback with its 2017 flagship, the Galaxy S8, and the smartphone is expected to sport a lot of innovative features. To make up for last year’s Galaxy Note 7 debacle, Samsung has set ambitious goals for itself and is looking to ship as many as 60 million units of ... Read More »

Qualcomm Fined $854 Million by South Korean Regulator for Violating Completion Laws

South Korea’s antitrust regulator said on Wednesday it fined US chipmaker Qualcomm Inc KRW 1.03 trillion ($854 million or roughly Rs. 5,821 crores), a record for the country, ruling its business practices of patent licensing and smartphone modem chip sales hindered competition. The Korea Fair Trade Commission said Qualcomm abused its dominant market position and forced handset makers to pay ... Read More »

Oppo Plans to Invest $216 Million to Establish Industrial Park in Greater Noida

Betting big on the booming Indian smartphone market, Chinese smartphone maker Oppo is planning an industrial park in Greater Noida which will house a manufacturing unit. “We already have a production unit in India and the SMT (surface-mount technology) centre is now undergoing the furnishment…it will be finished in February. Also, with regard to the industrial park, we will have ... Read More »

Samsung Wins Over Apple in $399 Million Patent Appeal in US Supreme Court

The US Supreme Court on Tuesday sided with Samsung in its big-money smartphone patent fight with Apple, throwing out an appeals court ruling that the South Korean company had to pay a $399 million penalty to its American rival for copying key iPhone designs. The 8-0 ruling, written by Justice Sonia Sotomayor, held that a patent violator does not always ... Read More »