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Daily Business Wrap - Huawei to take a bite of Apple's market share
Gulf News
Follow
2/12/2025
Huawei is on track to beat Apple in full-year smartphone sales for the first time and take the second place in the global market
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News
Transcript
Display full video transcript
00:00
Huawei is on track to take away the second top slot from Apple with 200 million sales
00:08
that happened in 2018.
00:10
This number was up 30% on 2017.
00:13
Remember that Huawei has been embroiled in a controversy after its CFO was arrested in
00:18
Canada.
00:19
And also other equipment manufacturers have been very, very sensitive in terms of buying
00:24
equipment from Huawei because of sensitive data leakage issues that the company had in
00:30
the past.
00:31
So after a horrible month that the Dow Jones Index has witnessed so far, Dow Jones Index
00:36
jumped more than 1,000 points, its biggest ever daily rally.
00:41
Remember that this Dow Jones Index and US markets and others have been impacted adversely
00:45
because of trade wars, faster than expected rise in interest rates, and also political
00:51
uncertainty in the US.
00:52
Toyota Motors has already put car outside every Japanese home.
00:55
Now they want to put a robo inside.
00:57
Yes, you heard it right.
00:59
Toyota Motors want to serve a quarter of its population, which is over 65 years of age,
01:05
and they live alone.
01:06
The robo will be able to load a washing machine or even buy grocery items or even offer companionship
01:13
to these senior citizens who stay alone.
01:15
That's it from me and thanks for watching.
01:17
For more, you can log on to gulfnews.com slash business.
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