Z fold 2 looks like Z Flip. Samsung released a good slate of new products but potential shortcomings with the new Fold and pricing marred what was generally a good event. Note 20 / Note 20 Ultra The Note 20 Ultra goes all out with a 6.9” 120Hz screen, a huge camera bump with 50x zoom as well as a...
Has Samsung seen the light? Google and Samsung are in discussions that could see Google take over more of the core software functionality on Samsung devices making them more attractive to users and potentially more profitable for Samsung. Should this deal come to fruition (and to the degree that I have long advocated (see here and here)), this would mean...
Google has an opportunity that I don’t think it will take. Google has opened up a new front in the battle with Amazon by forming a partnership with ADT in order to deliver smart home security to ADT’s 6m US-based customers. Google is buying a 6.6% stake in ADT for $450m which is already worth $670m thanks to a bounce...
This looks like an opportunistic investment for Microsoft. Microsoft is in talks to acquire TikTok that I suspect is more about an investment opportunity than a sudden newfound desire to have yet another go at building a consumer digital ecosystem. Microsoft is negotiating on two fronts to acquire the USA, Canada, Australia and New Zealand operations of TikTok in a...
The stay at home trade has peaked with excellent results from most of the big technology names providing a timely boost so shortly after being “hauled over the coals” by the US Congress. Apple FQ3 2020 – Well-heeled love Apple bucked the downward trend highlighted by its suppliers (Qualcomm and TSMC) with a 1.5% YoY growth in iPhone revenues showing...
Qualcomm FQ3 2020 – Huawei joins the fold. Qualcomm reported good FQ3 2020 results as its original outlook has proved to be too pessimistic and 5G in China has picked up much more quickly than expected. FQ3 2020 revenues / EPS were $4.89bn / $0.74 which was broadly in line with forecasts of $4.80bn / $0.79 but it was the...
Delivery Hero has its sights on global leadership. Delivery Hero is making the most of the hand that it has been dealt with revenue growth at 100% and heavy investments being made in order to secure its long-term position. Delivery Hero has had an excellent Q2 2020 which has caused it to preannounce Q2 2020 and raise its guidance for...
Jio has a window to fill the void left by China. The banning of Chinese apps in India has created a convenient vacuum for which there is a great opportunity for Jio Platforms to fill. The Indian government is serious about blocking Chinese apps and has moved to block another 47 apps that were little more than mirrors that were...
Apple and Huawei now dominate their parts of the China market. Although shipments have declined by 17% YoY both Apple and Huawei have flourished in the Chinese market gaining significant share at the expense of almost everybody else. Data from Counterpoint (see here) indicates that the source of Huawei’s great H1 2020 results was a market share gain in the...
Richard is founder, owner of research company, Radio Free Mobile. He has 16 years of experience working in sell side equity research. During his 11 year tenure at Nomura Securities, he focused on the equity coverage of the Global Technology sector.
China vs. USA – Pressure cooker
The tech war heats up. The White House has ratcheted up the pressure on China with the issuance of two executive orders that in Tencent’s case makes far more noise than the effect it will have. The White House issued two orders one related to TikTok and the other related to WeChat (not Tencent itself) that bans “ any transaction...