However, wooing USA consumers will not be a walk in the park as the company will require a delicate balance between privacy and security. “Privacy is very important”.
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It is interesting to note that Huawei is the first Asian smartphone maket to come out openly in favor of Apple in the ongoing dispute. Apple and Samsung have always been fierce rivals: their handsets account for more than one in three smartphone sales, and by far the majority of industry profits, according to data from Bloomberg. The leading Chinese smartphone company aims to attain the global top spot in the coming five years with a rapid ascension in innovative tech consumer devices.
Roberta Cozza, Gartner research director, says Android benefited from continued demand for affordable smartphones and from the slowdown of iOS units in the premium market in the fourth quarter of 2015.
Huawei made it to the title of the world’s third-largest phone vendor after Samsung and Apple with a lot of sweat, blood and millions of midrangers sold in its home turf at fine prices.
Chinese banks are to pay half the fees levied by Apple on United States banks for the privilege of leveraging Apple Pay, as the consumer electronic giant bids to build market share in the country’s competitive mobile payments market.
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Xiaomi undershot its 2015 smartphone sales target of 80 million units but CEO Lei Jun said during the product launch Wednesday that the company remained the number one phone brand of choice in China past year. Apple, conversely, is the most profitable company in the world, recently breaking its own record for the biggest quarterly profit in corporate history, announcing $18.4bn profit for the final quarter of a year ago. “The final agreement is a result of compromise from both sides”. The company hopes this will help make their devices much more popular in the US. However, we believe that the outcome of this case could be of monumental importance in determining whether the rights of billions of customers are violated for catching criminals.
