Xiaomi eyes $6.9B investment in chipsets over 10 years
Xiaomi reportedly revealed plans to invest CNY50 billion (US$6.9 billion) over the next 10 years to develop its own mobile processors, and is set to unveil such chips this week.
Xiaomi reportedly revealed plans to invest CNY50 billion (US$6.9 billion) over the next 10 years to develop its own mobile processors, and is set to unveil such chips this week.
According to analyst firm Canalys, the Southeast Asian smartphone market declined in Q1 2025, marking the end of five consecutive quarters of growth due to economic headwinds.
MTN has announced that it will offer up to 1.2 million of its prepaid subscribers an option to buy a 4G smartphone for just ZAR99 ($5.42).
The global smartphone market recorded flat growth in the first quarter of 2025, as signs of saturation emerge in key developing regions, according to the latest report from analyst firm Canalys.
Canalys has predicted that Egypt’s smartphone market could stabilise following the enforcement of new regulations aimed at curbing its long-standing grey market, which led to a sharp drop in shipments at the start of the year.