Telecommunications equipment manufacturing

In this Wednesday, Jan. 30, 2019, photo, visitors try out Samsung Electronics' Galaxy Note9 smartphones during an industrial fair in Seoul, South Korea. South Korean technology giant Samsung posted on Thursday, Jan. 31, 2019, a near-30 percent drop in operating profit for the last quarter after seeing slowing global demand for its memory chips and smartphones. (AP Photo/Ahn Young-joon)
January 30, 2019 - 9:52 pm
SEOUL, South Korea (AP) — Samsung Electronics Co. has posted a near-30 percent drop in operating profit for the last quarter after seeing slowing global demand for its memory chips and smartphones. It still finished the year with record highs, but expects a decline in earnings this year. The South...
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FILE - This Oct. 22, 2018, file photo shows the iPhone XS, from left, iPhone XR, and the iPhone XS Max in New York. Apple hoped to offset slowing demand for iPhones by raising the prices of its most important product, but that strategy seems to have backfired after sales sagged during the holiday shopping season. (AP Photo/Richard Drew, File)
January 29, 2019 - 10:26 pm
SAN FRANCISCO (AP) — Apple hoped to offset slowing demand for iPhones by raising the prices of its most important product, but that strategy seems to have backfired after sales sagged during the holiday shopping season. Results released Tuesday revealed the magnitude of the iPhone slump — a 15...
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FILE - In this Dec. 18, 2018, file photo, a worker holds a sign promoting a sale for Huawei 5G internet services at a mobile phone retail shop in Shenzhen in south China's Guangdong province. China has called on the United States to ‘stop the unreasonable crackdown’ on Huawei following the tech giant’s indictment on charges of stealing technology, violating trade sanctions and lying to banks. (AP Photo/Andy Wong, File)
January 29, 2019 - 5:19 pm
BEIJING (AP) — U.S. criminal charges against Chinese electronics giant Huawei have sparked a fresh round of trans-Pacific recriminations, with Beijing demanding Tuesday that Washington back off what it called an "unreasonable crackdown" on the maker of smartphones and telecom gear. China's foreign...
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A bus branded with TPG ads goes past as a man uses his phone at a bus stop in Sydney, Tuesday, Jan. 29, 2019. TPG Telecom said it had abandoned the rollout of what would have been Australia's fourth mobile network because of the government's ban on Chinese giant Huawei, which would have been the main equipment vendor. (AP Photo/Rick Rycroft)
January 28, 2019 - 11:52 pm
CANBERRA, Australia (AP) — Australian company TPG Telecom said on Tuesday it had abandoned the rollout of what would have been the country's fourth mobile network because of a ban on Chinese giant Huawei, which would have been the main equipment vendor. In light of the ban announced in August, "...
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Fruits' cups with a mini flags are displayed on a refreshment corner as Huawei unveils it 5G chipsets in Beijing, Thursday, Jan. 24, 2019. Chinese tech giant Huawei has announced plans to release a next-generation smartphone based on its own technology instead of U.S. components, stepping up efforts to compete with global industry leaders. (AP Photo/Andy Wong)
January 24, 2019 - 6:05 am
BEIJING (AP) — Chinese tech giant Huawei announced plans Wednesday for a next-generation smartphone that will use its own technology instead of U.S. components, maneuvering to gain a competitive edge and sidestep complaints it is a security risk. The leading supplier of network switching gear for...
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FILE - In this July 31, 2018 file photo, employees walk past logos of the Samsung Electronics Co. at its office in Seoul, South Korea, Samsung is giving a weak fourth-quarter operating profit forecast, as the smartphone and memory chip maker contends with increased competition and softer chip demand. The announcement, Monday, Jan. 7, 2019, follows Apple’s disclosure that its revenue for the last quarter of 2018 will fall well below projections, a decrease the company traced mainly to China. Apple is one of Samsung’s chip customers. (AP Photo/Ahn Young-joon, File)
January 08, 2019 - 11:27 am
NEW YORK (AP) — Samsung expects its quarterly operating profit to fall 29 percent compared with last year, adding to the tech sector's unease about the effect of slowing global economic growth on the industry. The announcement from the South Korean computer chip and smartphone giant comes less than...
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©AP Photo/Mary Altaffer
January 03, 2019 - 5:23 pm
NEW YORK (AP) — Behind Apple's disconcerting news of weak iPhone sales lies a more sobering truth: The tech industry has hit Peak Smartphone, a tipping point when everyone who can afford one already owns one and no breakthroughs are compelling them to upgrade as frequently as they once did. Some...
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A woman browses her iPhone as she walks by a mural depicting an iPhone and Chinese people buy smartphone to communicate with family members, at a subway station in Beijing, Thursday, Jan. 3, 2019. Apple Inc.’s $1,000 iPhone is a tough sell to Chinese consumers who are jittery over an economic slump and a trade war with Washington. The tech giant became the latest global company to collide with Chinese consumer anxiety when CEO Tim Cook said iPhone demand is waning, due mostly to China. Weak consumer demand in the world’s second-largest economy is a blow to industries from autos to designer clothing that are counting on China to drive revenue growth. (AP Photo/Andy Wong)
January 03, 2019 - 11:18 am
BEIJING (AP) — Apple Inc.'s $1,000 iPhone is a tough sell to consumers in China unnerved by an economic slump and the trade war with the U.S. CEO Tim Cook said in a letter to shareholders Wednesday that demand for iPhones is waning and revenue for the last quarter of 2018 will fall well below...
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FILE - This Oct. 22, 2018, file photo shows the iPhone XS, from left, iPhone XR, and the iPhone XS Max in New York. Apple hoped to offset slowing demand for iPhones by raising the prices of its most important product, but that strategy seems to have backfired after sales sagged during the holiday shopping season. (AP Photo/Richard Drew, File)
January 03, 2019 - 9:52 am
NEW YORK (AP) — The Latest on sales at Apple Inc., which issued a rare cut to its revenue forecast citing weakness in China (all times local): 9:50 a.m. Shares of Apple are tumbling in early trading after the tech giant issued a rare cut to its revenue forecast due to weakness in China. In a letter...
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FILE - This Oct. 22, 2018, file photo shows the iPhone XS, from left, iPhone XR, and the iPhone XS Max in New York. Apple hoped to offset slowing demand for iPhones by raising the prices of its most important product, but that strategy seems to have backfired after sales sagged during the holiday shopping season. (AP Photo/Richard Drew, File)
January 02, 2019 - 7:40 pm
SAN FRANCISCO (AP) — Apple acknowledged that demand for iPhones is waning, confirming investor fears that the company's most profitable product has lost some of its luster. The reckoning came in a letter from Apple CEO Tim Cook to the company's shareholders released after the stock market closed...
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