Chinese telecommunications firm Huawei Technologies continues to bounce back after taking an initial hit from U.S. sanctions resulting from the company being declared a national security threat in 2019. Year-over-year, net profit surged 564 percent to $2.7 billion in Q1, with revenue up 37 percent to $24.65 billion. It was the company’s fourth consecutive quarterly profit gain. Although Huawei doesn’t breakout performance for individual sectors, analysts estimate the company’s smartphone sales rose 70 percent, leading to further speculation the global firm is taking market share from rivals, particularly Apple in China. Continue reading Huawei Continues Financial Rebound Despite U.S. Sanctions

Intel has unveiled a new glass substrate technology that it says will “benefit our key players and foundry customers for decades to come.” The result of 10 years and $1 billion in development, the concept substitutes glass for the usual resin in which processors are embedded, enabling greater speed and the ability to accommodate the industry’s move toward packaging numerous “chiplets” into more powerful large processors, a configuration that has proven beneficial for the acceleration that drives artificial intelligence. This technology could potentially vault Intel ahead of competitors, some say. Continue reading Intel Has Plans to Power AI with Glass Substrates for Its Chips

During yesterday’s Wonderlust new product showcase, Apple unveiled its new family of iPhone 15 models — the 15, 15 Plus, 15 Pro and 15 Pro Max (no SE or Ultra yet) — which all feature USB-C in place of the Lightning port. The company also revealed the Apple Watch Series 9 and Apple Watch Ultra 2 in addition to AirPods that include a USB-C port in the charging case. Apple announced that iOS 17, watchOS 10, iPadOS 17 and tvOS 17 will arrive on September 18, while the new macOS Sonoma will be available the following week on September 26. Higher storage options of 6 TB and 12 TB for iCloud plans were also introduced. Continue reading Apple Rolls Out New iPhones, Watches, iCloud Plans and More