Huawei angers walk-in customers seeking $2.8K tri-foldable phone

The latest smartphones from Huawei and Apple went on sale in China on Friday, but many fans of the Chinese companies were disappointed to find that the coveted $2,800 models – more than twice the price of the iPhone 16 Pro Max – were not available in stores. At Huawei's flagship store in the southern […]
China’s Huawei Secretly Funds Tech Research at American Universities

China’s state-owned electronics giant Huawei is reportedly “secretly funding cutting-edge research at U.S. universities” through a Washington-based nonprofit called the Optica Foundation. Thursday’s Bloomberg News report Said Huawei is the sole funding source for the research competition run by the Optica Foundation, a professional organization that specializes in visible light technologies such as fiber optics […]
Apple iPhone sales in China plummet 24% as Huawei smartphone sales surge

SATORI Fund Senior Portfolio Manager Dan Niles discusses Apple’s outlook for 2024 on The Claman Countdown. Apple’s iPhone sales in China are off to a tough start this year, with sales down 24% from a year ago in the first six weeks, according to a new report from research firm Counterpoint. Analysts said the decline […]