Latest news with #Counterpoint
Mint
a day ago
- Business
- Mint
SK hynix posts record profits on surging AI demand
South Korean chip giant SK hynix reported record quarterly profits Thursday thanks to soaring demand for artificial intelligence. The world's second-largest memory chip maker dominates the market for high-bandwidth memory (HBM) semiconductors and is a key supplier for US titan Nvidia. The firm said operating profit climbed almost 70 percent to 9.21 trillion won ($6.72 billion) in the second quarter, with revenues coming in at 22.23 trillion won -- both all-time peaks. The news comes after Taiwan chip giant TSMC last week announced a surge in net profit for the second quarter, topping forecasts, thanks to robust demand for AI technology, despite the threat of US tariffs on the critical sector. HK hynix also said net profit was up close to 70 percent on-year, at 6.99 trillion won. "An aggressive investment by global big tech companies into AI led to a steady increase in demand for AI memory," it said in a statement. Shipments of DRAM and NAND flash topped forecasts, boosting the bottom line. "SK hynix foresees that increasing competition among big tech companies to enhance inference of AI models would lead to higher demand for high-performance and high-capacity memory products," the company added. Shares in the firm rose more than three percent in Seoul. South Korea is a major exporter to the United States and its powerhouse semiconductor and auto industries would suffer greatly under President Donald Trump's threatened 25 percent tariffs. Experts attribute SK hynix's resilience to its growth in the DRAM market. The firm took the lead in DRAM revenues in April, with a 36 percent market share, according to specialist research firm Counterpoint. That surpassed South Korean rival Samsung for the first time and marked the first change in the top spot in more than four decades. The company also recorded a combined $15.5 billion in sales of DRAM and NAND in the second quarter, matching Samsung to jointly lead the global memory market, according to a Counterpoint report. SK hynix said in a conference call that "the previous quarter began amid concerns over slowing demand due to trade tensions and broader economic uncertainty". But "strong AI-related investment by major tech firms continued to drive growth in demand for AI-oriented memory products". As the United States has been threatening certain restrictions on semiconductor sales to China, customers' preemptive purchases "to hedge against external risks", actually created a "more favourable environment than initially expected", an SK hynix official said.
Time of India
4 days ago
- Business
- Time of India
China's Q2 smartphone shipments down 2.4%, says Counterpoint
Smartphone shipments in China were down 2.4% for the second quarter compared with a year ago, Counterpoint Research said on sales in China fell 1.6% year-on-year while Chinese mobile maker Huawei 's sales rose 17.6%, Counterpoint said in a press the top vendor had a shipment share of 18.1%, followed by Vivo Oppo and Xiaomi
Yahoo
4 days ago
- Business
- Yahoo
China's Q2 smartphone shipments down 2.4%, says Counterpoint
BEIJING (Reuters) -Smartphone shipments in China were down 2.4% for the second quarter compared with a year ago, Counterpoint Research said on Tuesday. Apple's sales in China fell 1.6% year-on-year while Chinese mobile maker Huawei's sales rose 17.6%, Counterpoint said in a press statement. Huawei, the top vendor had a shipment share of 18.1%, followed by Vivo, Oppo and Xiaomi. Sign in to access your portfolio
Reuters
4 days ago
- Business
- Reuters
China's Q2 smartphone shipments down 2.4%, says Counterpoint
BEIJING, July 22 (Reuters) - Smartphone shipments in China were down 2.4% for the second quarter compared with a year ago, Counterpoint Research said on Tuesday. Apple's (AAPL.O), opens new tab sales in China fell 1.6% year-on-year while Chinese mobile maker Huawei's ( sales rose 17.6%, Counterpoint said in a press statement. Huawei, the top vendor had a shipment share of 18.1%, followed by Vivo, Oppo and Xiaomi ( opens new tab.
Time of India
5 days ago
- Time of India
Vivo T4R 5G launch in India confirmed: Check out the expected specifications, price, and more
Vivo T4R 5G launch: Vivo T4R 5G India launch is generating serious buzz as the slick new addition to Vivo's popular T‑series, poised to hit Flipkart by late July or early August. Tipped to debut as India's slimmest quad‑curved display smartphone, its eye-catching design joins a power-packed mid-range package built for today's youth. With the MediaTek Dimensity 7400 chipset, 5G connectivity, and standout camera performance, the T4R 5G is targeting consumers who want a premium feel without breaking the bank. As the date draws near, anticipation is building—this could be the stylish, smart, and affordable phone that redefines mid-range expectations in India. Stay tuned to see how Vivo aims to disrupt the category. Vivo T4R 5G launch in India (Expected) A promotional banner showcasing the phone's elegant design has been made public. With a thickness of only 7.39mm, Vivo is positioning the T4R 5G as the thinnest quad-curved display smartphone available in India. The gadget has a flat camera module on the rear with curved edges. Vivo uses market data from Counterpoint's Q1 2025 report to back up its design claims. Although the precise launch date and cost have not yet been disclosed, Vivo T4R 5G expected specifications The MediaTek Dimensity 7400 processor is anticipated to power the Vivo T4R 5G. According to industry reports, it will have IP68 and IP69 classifications, which indicate that it is dust and water resistant. In comparison to certain earlier models, this represents an improvement in durability. Given that the Vivo T4R 5G is only 7.39 mm thick, its very thin build is its most striking characteristic. According to fresh market data from Counterpoint (Q1 2025), Vivo is selling it as the thinnest quad-curved display smartphone in India. Its small profile, curved form, and simple, flat camera module at the back are highlighted by a new promotional banner. In contrast, the Vivo T4 5G boasts a massive 7,300 mAh battery with 90 W rapid charging and a Snapdragon 7s Gen 3 engine. It has a dual rear camera configuration with a 32 MP front selfie camera and a 50 MP rear sensor. It also has a 6.77-inch Full HD+ AMOLED screen. On the other hand, the Vivo T4x 5G has a smaller 6,500 mAh battery, the Dimensity 7300 processor, and 44 W charging capabilities. It has an 8 MP front camera and a nearly identical camera configuration. It also has a 6.72-inch full-HD+ screen with a capability for a refresh rate of 120 Hz. Vivo T4R 5G expected price However, the Vivo T4R 5G is expected to cost between Rs. 15,000 and Rs. 20,000, based on leaks and rumors. The Vivo T4x 5G and the Vivo T4 5G, which have base costs of Rs. 13,999 and Rs. 21,999, respectively, would be in between the future device's price range. This implies that Vivo wants to use the T4R to satisfy a mid-range market.
