عربي English Türkçe اردو فارسى
Logo
Latest News
Technology

Huawei Launches New Foldable Smartphone as Competition with Xiaomi, Apple Heats Up

The Huawei logo is seen in this illustration taken on January 29, 2025. (Reuters)
The Huawei logo is seen in this illustration taken on January 29, 2025. (Reuters)
TT
TT

Huawei Launches New Foldable Smartphone as Competition with Xiaomi, Apple Heats Up

The Huawei logo is seen in this illustration taken on January 29, 2025. (Reuters)
The Huawei logo is seen in this illustration taken on January 29, 2025. (Reuters)

Huawei launched a new version of its flagship foldable smartphone on Monday as it seeks to defend its lead in the Chinese market for premium handsets against Apple and Xiaomi, both of which are also unveiling new products.

The new Mate XT2 folds out twice to open into a tablet-sized screen and ‌features Huawei's ‌new Kirin 9050 Pro chip.

Huawei ‌says ⁠the chip's design ⁠allows it to deliver more computing power while using less electricity, helping the company overcome US restrictions on access to advanced technology.

Xiaomi launches a rival foldable phone later on Monday, while Apple unveils its latest ⁠iPhone series on Wednesday, with expectations ‌high that it ‌too will be unveiling a foldable phone.

The Mate XT2 ‌features a redesigned folding mechanism, improved water ‌resistance as well as an optional screen that prevents people nearby from seeing what is displayed. It also has upgraded cameras and delivers ‌42% better overall performance than its predecessor, based on company tests.

Huawei, which ⁠does ⁠not sell in the US due to sanctions, leads China's smartphone market with a 22.6% share in the second quarter, ahead of Apple's 18.1%, according to consultancy IDC. Xiaomi has 12.4% of the market.

Huawei is even more dominant in folding phones, accounting for 68% of shipments in China in the second quarter, according to Smart Analytics Global, a US-based research company.

Most Viewed

 
 
Technology

Nvidia Wins Fast-Growing AI Startup Modal for New Central Processors

The Nvidia logo and a keyboard in this illustration taken October 19, 2026. (Reuters)
The Nvidia logo and a keyboard in this illustration taken October 19, 2026. (Reuters)
TT
TT

Nvidia Wins Fast-Growing AI Startup Modal for New Central Processors

The Nvidia logo and a keyboard in this illustration taken October 19, 2026. (Reuters)
The Nvidia logo and a keyboard in this illustration taken October 19, 2026. (Reuters)

Nvidia ‌has won central processor chip business with another fast-growing AI startup that until now relied entirely on chips from Intel and AMD, an early sign that its push into a market long controlled by those two rivals has traction.

Modal, a cloud-computing startup that rents out computing power to AI developers, said it plans to start using Nvidia's new Vera central processor for the first time for hosting agents, the AI systems that can carry out long-running tasks for human users. Modal until ‌now has ‌run such work only on Intel and AMD ‌chips.

Modal ⁠last week raised $750 ⁠million in a funding round led by Accel at a $15.75 billion valuation, saying it is on track to record $1 billion in sales over the next year. Modal said usage of its services has tripled and revenue has grown more than 15 times year-over-year.

Modal said Monday that early tests showed the ⁠new Nvidia chip doubled the amount of work ‌that AI agents can ‌get done, prompting the company to support Nvidia's chip design for the first ‌time, which will require some deep software changes ‌on Modal's side.

But Chief Executive Erik Bernhardsson was careful to stress it is not abandoning its existing suppliers. The company said it will run the Nvidia chips alongside its current Intel and AMD offerings in ‌a mixed fleet, putting each job on whatever hardware runs it best.

Bernhardsson said the tests ⁠were run ⁠against the Intel and AMD chips already on the market. Both Nvidia rivals are developing newer models that could narrow the gap with Nvidia.

"We'll test them when they're available," he said, adding that running a mixed setup means the company "can always deploy whatever hardware performs best."

Nvidia has told investors it expects to generate at least $20 billion from Vera chip sales this fiscal year, its opening bid for a market it values at roughly $200 billion. Nvidia has previously said OpenAI, Anthropic and Oracle also plan to use the chips, along with AI startups such as Perplexity.

Technology

Musk Says Will Give SpaceX Share to 'Every Kid in America'

FILE PHOTO: SpaceX logo and miniature satellite model are seen in this illustration taken, March 10, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: SpaceX logo and miniature satellite model are seen in this illustration taken, March 10, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
TT
TT

Musk Says Will Give SpaceX Share to 'Every Kid in America'

FILE PHOTO: SpaceX logo and miniature satellite model are seen in this illustration taken, March 10, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: SpaceX logo and miniature satellite model are seen in this illustration taken, March 10, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

Tech billionaire Elon Musk said on Monday that he would give every child in the United States a share in his SpaceX rocket company.

"Next year, I will give one of my SpaceX shares to every kid in America," Musk, the richest man in the world, said on X.

"This will be the first of many," he said, without providing details about how the scheme would work, AFP reported.

There are around 73 million children under the age of 18 in the United States, according to 2024 data from the US Census Bureau.

Musk owns 38 percent of SpaceX, according to Forbes.

His announcement comes after President Donald Trump promised last month to give every American adult $5,000 if his Republican party retains control of Congress in November's midterm elections.

SpaceX set the record for the largest initial public offering in history, raising $85.7 billion in June.

The company's Starship megarocket reached orbit for the first time in September, a milestone for the rocket central to Musk's Mars ambitions.

Technology

Samsung to Use TSMC Technology for Nvidia's Next-generation Memory Chips

FILED - 01 September 2012, Berlin: FILE PHOTO - The logo of the South Korean company Samsung is seen at the International Consumer Electronics Fair IFA. Photo: Robert Schlesinger/dpa-Zentralbild/dpa
FILED - 01 September 2012, Berlin: FILE PHOTO - The logo of the South Korean company Samsung is seen at the International Consumer Electronics Fair IFA. Photo: Robert Schlesinger/dpa-Zentralbild/dpa
TT
TT

Samsung to Use TSMC Technology for Nvidia's Next-generation Memory Chips

FILED - 01 September 2012, Berlin: FILE PHOTO - The logo of the South Korean company Samsung is seen at the International Consumer Electronics Fair IFA. Photo: Robert Schlesinger/dpa-Zentralbild/dpa
FILED - 01 September 2012, Berlin: FILE PHOTO - The logo of the South Korean company Samsung is seen at the International Consumer Electronics Fair IFA. Photo: Robert Schlesinger/dpa-Zentralbild/dpa

Samsung Electronics will use TSMC's 3-nanometre process to produce base dies for Nvidia's next-generation custom high-bandwidth memory (HBM) chips, the Seoul Economic Daily reported on Sunday.

The move would mark the first time Samsung has worked with the Taiwanese contract chipmaker at ‌the HBM ‌manufacturing stage, according to ‌the report.

-Nvidia has asked ⁠Samsung, SK Hynix and Micron Technology to use TSMC's process for NVHBM base dies, and sixth-generation DRAM technology for its core dies, ⁠the newspaper said, citing industry ‌sources.

-NVHBM, ‌unveiled in August, integrates Nvidia's ‌custom memory controller into the base ‌die and is aimed at standardizing implementation across multiple memory suppliers, according to the company.

-Samsung accepted ‌Nvidia's requirements after an internal review but plans to ⁠retain ⁠its in-house production model for standard HBM and custom products for other customers, Seoul Economic Daily said.

-It is also assessing whether its own foundry could produce NVHBM base dies if demand exceeds TSMC's capacity, the newspaper quoted an unnamed source as saying.