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China's SMIC plans to acquire the remaining 49% stake in its SMNC unit for ~$5.8B, making the unit wholly owned, per a Shanghai Stock Exchange filing (Reuters)

Reuters : China's SMIC plans to acquire the remaining 49% stake in its SMNC unit for ~$5.8B, making the unit wholly owned, per a Shan...

28 July 2025

The US smartphone market grew 1% in Q2; the share of US smartphone shipments assembled in China shrank from 61% in Q2'24 to 25% in Q2'25, as India volume soars (Canalys)

Canalys:
The US smartphone market grew 1% in Q2; the share of US smartphone shipments assembled in China shrank from 61% in Q2'24 to 25% in Q2'25, as India volume soars  —  New research from Canalys (now part of Omdia) reveals that United States smartphone shipments grew by 1% in Q2 2025 as vendors continued …

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