Apple’s stock valuation falls as China takes action against iPhone use by government officials. Apple’s stock has experienced a significant decline in the wake of reports suggesting that Chinese government employees may be prohibited from using iPhones. Over the past two days, the tech giant’s market valuation has plummeted by more than 6%, representing nearly…
Following a patent infringement case in China among the tech giants Samsung and Huawei, the court has ordered the former to pay CNY 80 million (equivalent to $11.6 million) to latter. This development makes Huawei Technologies‘ first win against the Korean smartphone maker Samsung on its legal lawsuits. Quanzhou Intermediary Court ordered three of the…
Chinese smartphone maker Xiaomi has had its best sales day ever and sets a Guinness World Record. The company sold total of 2.11 Million phones within 12 hours and bagged ~$335 Million (2.08 Billion Yuan)
