Microsoft is determined not to make a mess of this generation. Microsoft is still licking its wounds from being trounced by Sony in the last console generation but is showing all the signs of not repeating the mistakes that allowed Sony to outsell it 2 to 1. Ahead of Sony’s event next week, Microsoft has announced that its new console...
TikTok needs independence to remove the growing regulatory risk. TikTok has joined Huawei as one of only two Chinese technology companies that have enjoyed great success in markets outside of China, but at the same time, this leaves it vulnerable to becoming another pawn in the long-running battle between China and the USA. ByteDance has had a fantastic 2019 generating...
Consolidation wave gathers momentum. Zoox would make a good fit for Amazon which clearly intends to capitalise on autonomous driving being much later than expected meaning that the smaller players run out of money before the market emerges. In my opinion, Zoox is one of the better players in the autonomous driving world. This view is based on the DMV...
Meituan invests to accelerate adoption. Meituan Dianping reported good results as revenue fell less than expected and has picked up quickly following the re-opening of the Chinese economy. However, the company swung back to a loss as it is investing heavily to accelerate the adoption of its platform more widely than its current remit. Q1 20 revenues / EBIT were...
Rony shows his true talent. Magic Leap appears to have raised another $350m giving it a lifeline for a few quarters demonstrating that while Rony Abovitz may have difficulty in creating a decent product, he is a genius at raising money. The current climate of cash hoarding and extreme caution is one of the worst times imaginable to be raising...
Clearly, Fortnite has not had a good lockdown. Epic Games has caved into Google and is making Fortnite available in Google Play (see here) in a clear sign that growth and engagement at Fortnite is slowing meaning that it now needs Google more than Google needs it. Epic has had a long-running battle with the app stores (see here) over...
No glassholes please, we are Apple. Details of Apple’s rumoured augmented reality offering has leaked and it looks like Apple has taken a practical approach that could result in a product with limited function but one that aficionados might buy. This product has been rumoured for some time and was expected to follow a virtual reality product but of the...
Timing of a vaccine is critical. With the departure of Jack Ma and the completion of the Sprint, T-Mobile merger, SoftBank will sell down its core assets to cover a thumping $18bn write down in the Vision Fund, reduce debt and keep skittish investors onside by returning around $20bn to them in the form of share buybacks. Against the pandemic...
The USA further hardens its position. Others may follow. The US has moved to harden its stance against Huawei by closing a significant loophole revealing once again that Huawei is merely a pawn in a game in which the pandemic has greatly raised the stakes. The US has announced the closing of a loophole that allowed US companies to supply...
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.
Huawei – Nowhere to run pt. XVI.
The West hardens further signalling a terrible 2020 and 2021. The combination of a U-turn by the UK, failure to get the extradition case against its CFO thrown-out, the loss of TSMC and a hardening of the EU’s stance personified by Denmark all in the space of 10 days is setting up a really awful year for Huawei. Huawei did...