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SMARTPHONE SLUMP
Why did the Nasdaq 100 crash more than 550 points today? US stock market Dow Jones, S&P 500 and Nasdaq plunge into deep red as AI's biggest winners become the market's biggest losersUS stock market crash today: The Nasdaq just delivered a sharp reality check to Wall Street. On June 9, 2026, the tech-heavy Nasdaq Composi...- Global smartphone market faces record annual decline as chip crunch worsensThe global smartphone market faces its biggest annual drop ever. Shipments are expected to fall by nearly 14 percent this year. This is due...
- China's Xiaomi Q1 profit sinks 43% on higher memory chip costsXiaomi's first-quarter net profit saw a significant 43% drop. High memory chip costs pressured its smartphone sales. The company is investi...
- Do you drink coffee right after waking up? Oxford-certified nutritionist shares 6 healthier morning habits to try insteadDitch excessive coffee for a healthier start. Nutritionist Suman Agarwal recommends six simple morning habits. Begin with warm water to aid...
- Why Samsung shares just surged 7% to save Kospi from a tragic market meltdownSamsung Electronics shares surged sharply on Monday after the company resumed mediated wage negotiations with its largest labour union, eas...
- Tata invests ₹1,500 crore more to charge up iPhone bizTata Group has infused ₹1,500 crore into Tata Electronics to scale up its iPhone manufacturing business, alongside plans for further invest...
- Samsung flags eightfold jump in Q1 profit as AI chip demand drives up pricesSamsung estimated an operating profit of 57.2 trillion won ($37.92 billion) for the January to March period, compared with an LSEG SmartEst...
- Samsung Electronics likely to report surge in quarterly profit to record levelSamsung Electronics is expected to book a six-fold jump in operating profit for January-March - a quarterly record and just shy of what it ...
- Consumption slowdown in Q4 to spoil full year's sales showConsumer electronics and smartphone sales in India experienced a significant slowdown in the March quarter. This trend impacted the overall...
- Handset business fading on spike in memory prices; smartphone market could shrink more than 13% this yearThe impact was already visible in February when sales slumped 35%, retailers told ET. It will remain the same or get worse in March, tradit...
- Apple loses top spot in China smartphone sales to local rivalsApple lost its top position in the Chinese smartphone market, with Huawei and Vivo surpassing it in sales. Apple's market share fell to 15%...
- Foreign smartphone shipments in China slump 47% in NovemberShipments of foreign-branded smartphones, including Apple’s iPhone, to China fell 47.4% in November, continuing a decline from October. App...
- China iPhone sales strong, Apple tells investors as Huawei threat loomsApple appeared to have gained market share in China in the July-September period, even if the overall smartphone market may have contracted...
- Apple CEO Tim Cook makes $41 million from biggest stock sale in two yearsCook sold 511,000 shares, which were worth about $87.8 million before accounting for taxes, according to the filing dated Tuesday. He made ...
- Qualcomm forecasts sales below estimates as smartphone slump persistsQualcomm said its forecast also takes into account the impact of macroeconomic headwinds, weaker global handset units and the fact that pho...
- Apple supplier Corning Q3 revenue forecast hit by consumer electronics slumpCorning has moved aggressively this year to cut down on costs to make up for the slump in its main markets, which, combined with earlier pr...
- China's Oppo to shut down chip design unit as smartphone sales slumpThe company, one of China's best-selling domestic smartphone brands, said it will cease operations of its Zeku unit, which it set up in 201...
- Qualcomm amplifies chip gloom with 'sobering report', shares tank 8%The company, which supplies to top handset makers Apple Inc and Samsung Electronics, was set to lose about $10 billion in market valuation,...
- Chinese smartphone maker Xiaomi's revenue and profit slidesXiaomi group president Lu Weibing, speaking on a company earnings call, said China's consumer electronics was seeing early signs of a recov...
- Smartphone demand slumps 20-25% since DiwaliMarket Intelligence firm Counterpoint is estimating a 20-25% drop in November and further decline in December. Month-on-month sales is usua...
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