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Sales of “smart” watches and bracelets by the Chinese company, Xiaomi, grew in the third quarter by 90.9% in annual terms and reached 6 million 900 thousand devices. According to International Data Corporation, thanks to such a significant increase in wearable devices, Xiaomi has become the global leader in this indicator, overtaking Apple. Sales of the American corporation amounted to 4 million 200 thousand devices, having increased by 54% in the third quarter. Last year's leader, American Fitbit, reduced sales by 3.1% and ranked third with 3.5 million devices. The 4th place was taken by the Chinese Huawei, the 5th – by South Korean Samsung. A total of 32 million such devices were sold in the global market in the third quarter, which is 21.7% more than a year earlier.
Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite upbeat U.S. tech gains and signs of rebound ...
Apple, Google, Amazon, and Facebook’s chief executive officers faced Republican and Democratic U.S. lawmakers on Wednesday for the much-anticipated congressional hearing. The CEOs were questioned for alleged abuse of their market power ...
On Friday, Axios Media Inc. reported a document acquired by tech watchdog group Tech Transparency Project which indicates that multiple U.S. states were investigating Apple (AAPL) due to deceptive trade practices. According to the report, ...
The euro steadied at four-month highs on the dollar after investors pinned hopes on the EU economic rescue fund as European leaders are expected to break a deadlock and agree on a deal. EU leaders had differing stands on the proposed 750 billion ...
Asian markets are poised to start with a firmer tone on Friday, disregarding an overnight decline in U.S. stocks. The decline was mainly from the United States’ move of debating new economic stimulus in a bid to salvage the virus-beaten ...
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