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Technology/IT

Huawei jumps ahead of Apple in tough smartphone market

China-based Huawei outsold Apple's iPhones in the first quarter of this year, seizing the California company's second place spot in a tightening smartphone market dominated by Samsung, a tracker said Tuesday. A total of 310.8 million smartphones were shipped globally during the first three...

Samsung Electronics hit with quarterly profit slump

Samsung Electronics, the world's biggest smartphone and memory chip maker, reported a slump in first-quarter net profits Tuesday, in the face of a weakening chip market and rising competition. Net profits in the January-March period were 5.04 trillion won ($4.3 billion) -- the lowest since...