The Finnish telecoms group said sales should recover towards the end of 2024 with the help of orders from North America.
Read More Nokia reports 32% drop in profit but sees recovery in 2nd half
Tag: Huawei
Apple set for big sales decline as investors await AI in iPhones
Apple’s plan to add generative AI to its iPhones and revive sagging sales in the crucial Chinese market will be in focus on Thursday.
Read More Apple set for big sales decline as investors await AI in iPhones
Apple loses top phonemaker spot to Samsung as iPhone shipments drop, IDC says
Apple’s smartphone shipments dropped about 10% in the first quarter of 2024.
Read More Apple loses top phonemaker spot to Samsung as iPhone shipments drop, IDC says
Exclusive: Nvidia’s new China-focused AI chip set to be sold at similar price to Huawei product
Nvidia has started taking pre-orders for a new China-specific AI chip with prices on par with a rival product from Huawei.
Read More Exclusive: Nvidia’s new China-focused AI chip set to be sold at similar price to Huawei product
Qualcomm forecasts quarterly profit above estimates, shares rise
Qualcomm forecast fiscal second-quarter profit slightly above Wall Street estimates and sales in line with market expectations.
Read More Qualcomm forecasts quarterly profit above estimates, shares rise
Apple hits seven-week low after Barclays downgrade
Apple fell nearly 3% to a seven-week low after Barclays downgraded the shares on concerns demand for its devices will remain weak in 2024.
Read More Apple hits seven-week low after Barclays downgrade