EU escalates pressure on Apple to open up features to rival firms
Financial Express Kochi|December 20, 2024
CHANGING DYNAMICS OF WEARABLES INDUSTRY
FE BUREAU

APPLE HAS LOST its lead position in the wrist-worn device market, which includes smartwatches and wristband products, to Chinese brand Huawei, according to data from IDC.

In the first nine months of 2024, Apple shipped 22.5 million wrist-worn devices with a market share of 16.2% compared to Huawei's 23.6 million shipments and a market share of 16.9%.

Since the beginning of this year, Huawei has achieved continuous and stable growth in the Asia-Pacific, Latin America, West Asia, and Africa markets by strengthening its localization strategy and building a global brand image," IDC said in a report.

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Financial Express Kochi

EU escalates pressure on Apple to open up features to rival firms

CHANGING DYNAMICS OF WEARABLES INDUSTRY

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December 20, 2024
Financial Express Kochi

Bollywood's investments in startups decrease sharply to $3.6 mn in 2024

INVESTMENTS BY BOLLYWOOD celebrities in startups came down sharply in the current calendar year to $3.6 million against $28.5 million last year, data shared by Tracxn showed.

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December 20, 2024
Financial Express Kochi

Apple concedes smartwatch market leadership to Huawei

CHANGING DYNAMICS OF WEARABLES INDUSTRY

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December 20, 2024
Financial Express Kochi

EU escalates pressure on Apple to open up features to rival firms

The EU’s European Commission has pressed Apple Inc. to further open up the iPhone operating system to rivals, prompting the company to complain about requests from Meta Platforms Inc. that it says will undermine privacy.

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December 20, 2024
Financial Express Kochi

India-Pak ICC matches at neutral venues

THE DEADLOCK OVER the hosting of next year's Champions Trophy finally ended on Thursday when the ICC announced that India will play their matches of the 50-over event at a neutral venue instead of host country Pakistan, which will get a similar arrangement for tournaments to be held in India till 2027.

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Financial Express Kochi

HDFC Securities sees Nifty rising up to 26,482 in a 'difficult' 2025

HDFC Securities predicts a challenging 2025 for the Indian equity market, with the Nifty 50 index potentially reaching 26,482 points amid high valuations. However, they anticipate Indian equities outperforming globally and increased foreign investment following stronger FY26 earnings.

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December 20, 2024
Financial Express Kochi

India's job market poised for 9% growth next year

HIRING ACTIVITIES IN 2025 are likely to witness a 9% growth in the country driven by sectors, including IT, retail, telecommunications and banking, financial services, and insurance (BFSI) sectors, a report said on Thursday.

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December 20, 2024
Financial Express Kochi

MPs of ruling alliance, Oppn clash, 2 from BJP in hospital

THE WINTER SESSION of Parliament descended into chaos on its penultimate day when MPs of the NDA and the Opposition INDIA bloc, accusing each other of denigrating the name of BR Ambedkar, shoved and jostled with each other at the Makar Dwar, the main entrance to the building, resulting in injuries to two BJP MPs and complaints to police by the BJP and Congress, allegations and counter-allegations and petitions to the Speaker.

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December 20, 2024
Financial Express Kochi

Breaking the glass ceiling

SNAPSHOT

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Financial Express Kochi

Fed's 2025 signal roils D-Street

THE SENSEX HAS lost 3.55%, or 2,915 points, in the last four trading sessions, eroding investment wealth of over ₹10 lakh crore (in three sessions).

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December 20, 2024