Samgsung Electronics Co Ltd said yesterday it would launch an artificial intelligence digital assistant service for its upcoming Galaxy S8 smartphone, seeking to rebound from the Galaxy Note 7’s collapse and differentiate its devices.
Apple Inc., one of the world’s technological front-runners, may lose ground in China as its revenues and net profits have been declining.
Foxconn Technology Group, the world’s largest computer manufacturer and supplier to Apple Inc., is reportedly building a new factory for Huawei Technologies in southwest China’s Guizhou Province (FXI, quote).
Huawei Technologies Co Ltd is preparing to challenge Apple Inc in a premium-end smartphone market as the Chinese telecom equipment maker unveiled a new flagship handset in the United Kingdom and a top executive spoke of plans to enter the United States.
Stocks of mobile payment related companies soared on Tuesday over speculation that Apple Inc will introduce its cash-free smartphone payment service to China this week.
October 14’s Pre-Martket movers
Last week, the People’s Bank Of China allowed the yuan to fall sharply, causing chaos in share markets and drawing criticism from multinationals who said the move would hurt their businesses.
In Shanghai China (FXI, quote), Samsung (SSNLF, quote) released its Galaxy Tab S to the Chinese tablet market.
Apple Inc’s suppliers will begin producing larger versions of the iPhone in China (FXI, quote) next month, Bloomberg reported citing sources.
Foreign technology services providers such as Google (GOOG, quote) and Apple (AAPL, quote) can become cybersecurity threats to Chinese users, security analysts said, one week after China (FXI, quote) announced that it will put in place a security review on imported technology equipment.
