Tech giant's revenue target cut by billions amid signs that Chinese consumers are buying more 'foldables' and smartphones from Huawei, powered by a locally-made chip

Tencent, Baidu and Alibaba all slashed the number of deals they made in China’s tech sector last year with the big three agreeing 40% fewer contracts

Jefferies analysts predict Apple's shipment volumes to China will see double digits declines in 2024

The Chinese tech giant plans to focus on its device business over the coming year, while increasing the efficiency of its overall operations to counter geopolitical uncertainty

Bilateral pacts cover possible investments in rail links, security, plus telecoms and digital data, but analysts said any boost in ties could be more symbolic than real

Analysts said the verdict will make it easier for Lee, if he is acquitted, or harder, if he is convicted (again) to shape Samsung's future; an acquittal would give him room for major strategic decisions

Huawei saw its sales surge 83% in the first four weeks of October, according to data from Hong Kong-based research firm Counterpoint

Australia signs security and migration pact with low-lying Pacific island nation, which is at grave risk of rising sea levels

Millions unable to get medical care, pay for goods or make calls, as 'technical breakdown' hit payment systems, banks, hospitals, and caused transport network chaos

Beijing said the ban was an abuse of national power, adding that it was imposed without any real evidence

A push since last year to replace all Western equipment in critical sectors with domestic alternatives 'has re-drawn entire sub-sectors' of China's software industry

A report from US investment giant Jefferies said this week Huawei had usurped Apple as the smartphone-maker with the biggest share of China's market