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George Zhao - 3 Joe Biden - 1 Dow - 1 Bitcoin - 1 Tesla - 1 Andrew - 1 Neil Shah - 1 Zhao - 1
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Search resuls for: "George Zhao"


7 mentions found


☆ CNBC Daily Open: Americans sour on the economy
  + stars: | 2024-02-28 | by ( Sumathi Bala | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Mixed bag on Wall StreetU.S. stocks ended mixed Tuesday as investors prepared for key inflation data due out later this week. South Korea's Japan-style measures to boost corporate governance may not work to lift its undervalued stock markets and tackle the so-called "Korea discount." Honor's foray into flip phonesChinese technology firm Honor will launch a foldable flip phone this year, the company's CEO George Zhao told CNBC.
Persons: Joe Biden, Dow, Bitcoin, Tesla, George Zhao, Andrew Organizations: CS Wind America Inc, CNBC, Wall Street, Nasdaq, Apple, Bloomberg, Will, Korea's, Financial Services Commission, Samsung Locations: Pueblo , Colorado, Korea's Japan, Korea
☆ Honor to launch its first foldable flip phone to challenge Samsung
  + stars: | 2024-02-28 | by ( Arjun Kharpal | ) www.cnbc.com   time to read: +2 min
The move to launch a flip foldable is in line with Honor's push into the premium end of the market where it's looking to challenge companies like Samsung and Apple . There are two styles right now on the market — smartphones that fold like a book and those that fold vertically like an old school flip phone but without a visible hinge. BARCELONA — Honor will launch a foldable flip phone this year, the company's CEO told CNBC, marking the Chinese technology firm's first foray into the vertical-folding style of smartphone that has been popularized by brands like Samsung and Motorola. The entry into flip foldables will expose Honor to a different price point. The flip style of phones, such as Samsung's Galaxy Z Flip 5 are often priced cheaper than the horizontal-style folding devices.
Persons: George Zhao, Neil Shah, Zhao Organizations: Samsung, Apple, CNBC, Motorola, Mobile, Research, Counterpoint Research, Huawei Locations: BARCELONA, Barcelona, U.S, China
☆ Huawei spinoff Honor developing a smart ring after Samsung debuts its own wearable
  + stars: | 2024-02-27 | by ( Arjun Kharpal | ) www.cnbc.com   time to read: +1 min
BARCELONA — Chinese electronics maker Honor is working on a smart ring, its CEO told CNBC on Tuesday, just a day after Samsung took the wraps off of its own offering in the product category. Samsung debuted the Galaxy Ring on Monday after teasing it earlier this year. The device, which is the company's first foray into the product category, has multiple sensors that can track health markers, such as the wearer's heart rate. Honor is developing its own smart ring, company CEO George Zhao told CNBC at the Mobile World Congress in Barcelona. "Internally, we have this kind of solution, now we are working on that part, so in the future you can have the Honor ring," he said.
Persons: George Zhao Organizations: Mobile World Congress, MWC, CNBC, Samsung, Mobile Locations: Barcelona, BARCELONA
☆ Huawei spin-off Honor takes aim at Samsung in foldables; shrugs off U.S. sanction concerns
  + stars: | 2023-03-03 | by ( Arjun Kharpal | ) www.cnbc.com   time to read: +4 min
The Honor Magic Vs is on display at Honor's stand at Mobile World Congres in Barcelona. The near $1,700 device is Honor's attempt to challenge Samsung in the foldable smartphone market. Honor takes aim at Apple and SamsungHonor launched its Magic Vs foldable phone outside of China this week, with a price tag of nearly $1,700. Honor had a large poster for the Magic Vs with the tagline: "Unfold your magic." "Our ambition and target is develop the best foldable phone, so be the number one technology for foldable phones.
☆ Rolls-Royce slumps as new CEO warns of 'last chance' to change
  + stars: | 2023-01-27 | by ( Sarah Young | ) www.reuters.com   time to read: +3 min
According to the Financial Times, Tufan Erginbilgic told staff at Rolls-Royce's main British site in Derby, central England, that the company's performance was "unsustainable" and it faced a "last chance" to change. "He was honest about our financial underperformance compared with our peers," a Rolls-Royce spokesperson said in an emailed statement on Friday. Shares in Rolls-Royce, which before the Financial Times report were at their highest for about a year, lost 4% in morning trading. Rolls-Royce was plunged into crisis when most air travel stopped for months during the pandemic, and then recovered only slowly. Many rounds of restructuring and asset sales were already undertaken under prior CEO Warren East, putting to question just how much more can be implemented," Zhao said.
☆ The Aviation Crisis Is Now Regional
  + stars: | 2022-09-19 | by ( Jon Sindreu | ) www.wsj.com   time to read: 1 min
Even in an aviation market that has rewarded shorter routes, regional airlines are doing terribly. This week, Cleveland-based Parker-Hannifin its acquisition of British aerospace and defense supplier Meggitt for £6.3 billion, equivalent to $7.2 billion. While it seemed like a fair price when the deal was announced last year, Wall Street analysts have since deferred their expectations for recovery at Meggitt by a couple of years. Shop visits by large jets have lagged behind due to the slow reopening of international routes. As George Zhao at Bernstein Research points out, though, it is the regional-plane rebound that has really disappointed.
☆ Huawei spin-off Honor to launch first foldable phone abroad as Chinese firm takes on Apple, Samsung
  + stars: | 2022-09-02 | by ( Arjun Kharpal | ) www.cnbc.com   time to read: +2 min
Honor CEO George Zhao launched the company's Honor 70 smartphone in Europe during a virtual presentation at the IFA trade show in Berlin, Germany. Honor, which was spun off from Chinese technology giant Huawei in 2020, is trying to boost its market share outside of China. Honor, the smart devices company spun off from embattled Chinese tech giant Huawei, plans to launch a foldable phone in overseas markets as it looks to challenge Apple and Samsung on the global stage. Honor faces an uphill battle outside of China where it has less than a 1% smartphone market share. Alongside the upcoming foldable phone, Honor is placing emphasis on the more expensive premium end of the smartphone market outside of China.
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