Daily Business Wrap - Huawei to take a bite of Apple's market share - video Dailymotion

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

Transcript

00:00Huawei is on track to take away the second top slot from Apple with 200 million sales

00:08that happened in 2018.

00:10This number was up 30% on 2017.

00:13Remember that Huawei has been embroiled in a controversy after its CFO was arrested in

00:18Canada.

00:19And also other equipment manufacturers have been very, very sensitive in terms of buying

00:24equipment from Huawei because of sensitive data leakage issues that the company had in

00:30the past.

00:31So after a horrible month that the Dow Jones Index has witnessed so far, Dow Jones Index

00:36jumped more than 1,000 points, its biggest ever daily rally.

00:41Remember that this Dow Jones Index and US markets and others have been impacted adversely

00:45because of trade wars, faster than expected rise in interest rates, and also political

00:51uncertainty in the US.

00:52Toyota Motors has already put car outside every Japanese home.

00:55Now they want to put a robo inside.

00:57Yes, you heard it right.

00:59Toyota Motors want to serve a quarter of its population, which is over 65 years of age,

01:05and they live alone.

01:06The robo will be able to load a washing machine or even buy grocery items or even offer companionship

01:13to these senior citizens who stay alone.

01:15That's it from me and thanks for watching.

01:17For more, you can log on to gulfnews.com slash business.