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☆ China's Xiaomi is selling more EVs than expected, raising hopes it can break even sooner
▼ + stars: | 2024-04-24 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +2 min

The Xiaomi SU7 on display at the Mobile World Congress 2024. Arjun Kharpal | CNBCBEIJING — Chinese smartphone company Xiaomi 's new electric vehicle is selling better than expected, putting it closer to break-even despite undercutting Tesla 's Model 3 on price. For context, Tesla China sold more than 600,000 cars last year, according to the China Passenger Car Association. Li Auto had a gross margin of 23.5% in the fourth quarter last year, while Nio's gross margin was 7.5%, both up from the year-ago period. Tesla's gross margin has successively declined over the past five quarters to 17.4% in the first three months of this year.

Persons: Arjun Kharpal, undercutting Tesla, Xiaomi, Lei Jun, Li Auto, Nio, Lei Organizations: Mobile, CNBC BEIJING, Citi, China Passenger Car Association, Li, CNBC Locations: Beijing, China

☆ Cisco debuts new AI-focused security system after $28 billion deal to buy Splunk
▼ + stars: | 2024-04-18 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Charlie Perez | Nurphoto | Getty ImagesHow it worksHyperShield serves as a "shield for security," Patel said, explaining that it takes security directly to the things that need to be secured. It allows Cisco's AI to divide a computer network into smaller parts to improve performance and security. Designed with AI in mindPatel said Cisco's HyperShield technology was designed with a new world of digital AI assistants – like ChatGPT, Google Gemini, and other advanced tools – in mind. "We're moving from a world of scarcity to a world of abundance, with digital AI assistants for everything," Patel told CNBC. Stock Chart Icon Stock chart icon Cisco share price performance year-over-year, compared with the performance of the Nasdaq Composite over the same period.

Persons: Charlie Perez, HyperShield, Patel, –, it's Organizations: Cisco, Mobile, Nurphoto, Google, CNBC, Nasdaq Locations: Barcelona, Spain

☆ Huawei's profit doubled in 2023 as smartphone, autos business picked up
▼ + stars: | 2024-03-29 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +2 min

BEIJING — Chinese telecommunications company Huawei said Friday its net profit for 2023 more than doubled thanks to better product offerings. The company also attributed the profit gains to revenue growth of 9.6% year-on-year to 704.2 billion yuan ($99.18 billion). Net profit grew by 144.5% year-on-year to 87 billion yuan. Net profit in 2022 fell by 69%, the largest drop on record. ICT remained by far Huawei's biggest revenue driver with 362 billion yuan in revenue in 2023, up 2.3% from a year ago.

Persons: Apple, — CNBC's Arjun Kharpal Organizations: Huawei, Mobile World, 5G, ICT Locations: Barcelona, BEIJING, China, Xiaomi

☆ It might be time to rethink the smartphone — for real this time
▼ + stars: | 2024-03-14 | by ( Hugh Langley | ) www.businessinsider.com time to read: +5 min

Why do phones need apps? At this year's Mobile World Congress, the future of the smartphone and how we connect were firmly under the microscope. Deutsche Telekom and Brain.ai demoed one such instance at MWC: a smartphone with no apps. It's just an idea for now, but it's prompting an interesting question: Why assume the smartphone of the future has apps at all? But the smartphone industry is slumping, and there's a "need to invigorate the upgrade cycle," Milanesi told BI.

Persons: —, Sam Altman, There's, Altman, Jony, Meta's Mark Zuckerberg, Carolina Milanesi, Milanesi, Tom Butler, I'm, Butler, Lenovo's Butler, it's Organizations: Service, Congress, MWC, Las, CES, Deutsche Telekom, Brain.ai, Qualcomm, Bloomberg Locations: Carolina, PAU, AFP

☆ Google restricts election-related queries for its Gemini chatbot
▼ + stars: | 2024-03-12 | by ( Hayden Field | ) www.cnbc.com time to read: +4 min

Sundar Pichai, CEO of Google and Alphabet, speaks on artificial intelligence during a Bruegel think tank conference in Brussels, Belgium, on Jan. 20, 2020. Google announced it will restrict the types of election-related queries that users can ask its Gemini chatbot, adding it has already rolled out the changes in the U.S. and in India, where voters will head to the polls this spring. "Out of an abundance of caution on such an important topic, we have begun to roll out restrictions on the types of election-related queries for which Gemini will return responses," Google wrote in a blog post on Tuesday. "We take our responsibility for providing high-quality information for these types of queries seriously, and are continuously working to improve our protections." A Google spokesperson told CNBC that the changes are in line with the company's planned approach for elections.

Persons: Sundar Pichai, Gemini, Google's DeepMind, Josh Becker, screenshotting, Pichai, Sissie Hsiao, Bard Organizations: Google, CNBC, Gemini, Mobile, Democratic, Microsoft, Amazon Locations: Brussels, Belgium, U.S, India, Barcelona, California

☆ New AI and 5G advancements will usher in the era of edge computing on smartphones, autonomous cars, and more
▼ + stars: | 2024-03-11 | by ( Hugh Langley | ) www.businessinsider.com time to read: +5 min

The AI boom is breathing life into edge computing, which moves data processing away from the cloud. Artificial intelligence is driving us into the era of edge computing — two words you should expect to hear more in the coming months and years. Now they're expanding to edge computing, which refers to moving more of the computation closer to the user (the "edge" of the network). Amazon had eyed edge computing as a billion-dollar business, Business Insider previously reported. Jillian Kaplan, the head of global 5G at Dell, said during an MWC panel that edge computing will be a "huge energy saver."

Persons: —, Jim Poole, Poole, Aly Song, MediaTek, Tom Butler, I'm, Jillian Kaplan, Kaplan Organizations: Service, Tech, 5G, Business, Mobile, Congress, MWC, China, Lenovo, Google, Dell Locations: Barcelona, Equinix, Shanghai

☆ SpaceX-backed startup says preorders for its $300,000 futuristic flying car have reached 2,850
▼ + stars: | 2024-03-04 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

watch nowBARCELONA, Spain — Alef Aeronautics, a SpaceX-backed flying car firm, says it has reached 2,850 preorders for its futuristic electrical vertical takeoff and landing (eVTOL) vehicle. Dukhovny calls Alef's vehicle the "first flying car in history." "But we always had the idea that it has to be a car, a physical car, a regular car, as you can see it's an eVTOL, an electric car. Alef's car is mainly designed to be driven on the road, but will be able to take to the skies, too. To drive on the road, the car uses four small engines in each of the wheels, and will drive similar to a normal electric car.

Persons: Jim Dukhovny, Dukhovny, David Zorrakino, Tim Draper, Elon Organizations: Spain — Alef Aeronautics, SpaceX, Alef Aeronautics, Boeing, Airbus, Joby Aviation, CNBC, Mobile, Europa Press, Getty, SKTelecom Locations: BARCELONA, Spain, San Mateo , California, Alef, Germany, Korean

☆ Telcos are barely done rolling out 5G networks — and they're already talking about '5.5G'
▼ + stars: | 2024-03-04 | by ( Ryan Browne | ) www.cnbc.com time to read: +10 min

And yet bosses of major carriers are already talking about building something called "5.5G," or "5G Advanced." Carriers in China, South Korea, the United States, and Europe, properly got underway with launches of 5G networks in 2019. 5G Advanced, or the name for the next stage of 5G, is the next evolution of mobile networks. 5G advanced — 5G standalone, that's absolutely fine. Telcos haven't yet revealed how much more a 5G Advanced data plan will cost compared with 5G.

Persons: Angel Garcia, it's, GSMAi, Milind Kulkarni, Howard Watson, 5.5G, Watson, execs, Mats Granryd, Granryd, Karen Tso, Telcos, Philip Song Organizations: Bloomberg, Getty, Spain — Telecom, Mobile, Congress, MWC, Deutsche Telekom, Telefonica, BT, Vodafone, Facebook, YouTube, Netflix, Apple, Apple Vision, Meta Quest, Telecommunications, 3GPP, CNBC, telco, Huawei, 5G, 5.5G Locations: BARCELONA, Spain, Barcelona, Orange, China, South Korea, United States, Europe, East, Asia Pacific, America

☆ Here's what tech giants are betting on next — from robot dogs to smartphones you can wear on your wrist
▼ + stars: | 2024-03-01 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +4 min

Arjun Kharpal | CNBCThe Mobile World Congress, the world's largest mobile show, is a place where device makers show off some of their latest innovations. Arjun Kharpal | CNBCTecno showed off an augmented reality glasses product with a video game controller attached. Arjun Kharpal | CNBCXiaomi has spent years talking up its smartphones' camera capabilities. Arjun Kharpal | CNBCChinese firm Tecno showed off a robot dog. Arjun Kharpal | CNBC

Persons: Arjun Kharpal, It's, There's, Oppo Oppo, Kharpal, CNBC Tecno, CNBC Xiaomi, German Shepherd, Tecno Organizations: Mobile, CNBC, Congress, Motorola, China's Lenovo, CNBC Lenovo, Samsung Galaxy, Samsung, CNBC Samsung Locations: Barcelona, Spain, Korean, German

☆ British telco giant BT expects to launch 5G standalone — or 'true' 5G — later this year
▼ + stars: | 2024-03-01 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Jason Alden | Bloomberg | Getty ImagesBARCELONA — British telecommunications giant BT says it expects to launch its first so-called "standalone 5G" network in 2024. Howard Watson, BT's chief technology officer, told CNBC that the telco group plans to switch on its standalone 5G network, which is often referred to in the industry as "true" 5G, later this year. "We've already been ensuring that the SIM cards that our customers have in their current 5G devices can do 5G standalone," Watson added. 5G standalone is different from 5G Advanced, though. 5G standalone refers to the development of a 5G network that isn't being built on top of 4G cores.

Persons: Jason Alden, Howard Watson, Watson, Milind Kulkarni, Kulkarni Organizations: BT Group, Bloomberg, Getty, BT, CNBC, Mobile, Congress, Swedish, Ericsson, Qualcomm, Apple, Samsung Locations: Reading, BARCELONA, British, Barcelona, Europe

☆ Salesforce's top AI ethics leader says she's 'optimistic' on the path to U.S. regulation
▼ + stars: | 2024-03-01 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

BARCELONA — A top executive at Salesforce says she is "optimistic" that U.S. Congress will make new laws to regulate artificial intelligence soon. She noted that the need to consider guardrails has become a "bipartisan" issue for U.S. lawmakers and highlighted efforts among individual states to devise their own AI laws. "It's very important to ensure U.S. lawmakers can agree on AI laws and work to pass them soon," Goldman told CNBC. And I think it's very important that we have a set of guardrails around the technology," Goldman added. Goldman sits on the U.S. National AI Advisory Committee, which advises the Biden administration on topics related to AI.

Persons: Paula Goldman, guardrails, Goldman, We've, we're, that's, Biden Organizations: U.S . Congress, BARCELONA, CNBC, Mobile, Congress, Senate, U.S, National AI Advisory Locations: Barcelona, Spain, United States, EU

☆ The smart ring era is here and tech companies are fighting for your finger. Will you wear one?
▼ + stars: | 2024-02-29 | by ( Hugh Langley | ) www.businessinsider.com time to read: +6 min

The smart ring era is here. Honor, the mobile business spun out of Huawei, also announced this week that it's working on a smart ring. Avi Greengart, president and lead analyst at Techsponential, told Business Insider at MWC that Samsung's Galaxy Ring "validates the smart ring category." Rumors of an Apple smart ring have been simmering for over a decade — mostly due to a string of patents the company has filed for. There's another good reason tech companies are eyeing smart rings right now, according to IDC analyst Francisco Jeronimo: subscriptions.

Persons: —, Prince Harry, Mark Zuckerberg, Jack Dorsey, Jennifer Anniston, Jimmy Kimmel, Smart, they've, Oura, Avi Greengart, Apple, Bloomberg's Mark Gurman, Jeremy Liew, Liew Apple, Greengart, Francisco Jeronimo, Jeronimo Organizations: Samsung, Service, Mobile, Congress, MWC, Huawei, IDC, Apple, Venture, Business Locations: Barcelona, Cupertino

☆ Watch CNBC's full interview with Orange CEO Christel Heydemann
▼ + stars: | 2024-02-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Orange CEO Christel HeydemannOrange CEO Christel Heydemann speaks to CNBC's Karen Tso at Mobile World Congress in Barcelona.

Persons: Christel, Christel Heydemann, Karen Tso Organizations: Orange, Mobile Locations: Barcelona

☆ Sapeon CEO: See a lot of opportunity to get to markets
▼ + stars: | 2024-02-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSapeon CEO: See a lot of opportunity to get to marketsRyu Soojung, CEO of Sapeon, speaks to CNBC's Arjun Kharpal at Mobile World Congress.

Persons: Ryu Soojung, CNBC's Arjun Kharpal Organizations: Sapeon, Mobile

☆ From expanding screens to see-through displays: How tech giants are trying to jazz up their gadgets
▼ + stars: | 2024-02-28 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Motorola's "adaptive display concept" was on display at Mobile World Congress in Barcelona. See-through screens, phones that wrap around your wrist and expandable displays — these are all concept tech that gadget makers showed off this week, in a bid to stand out from competitors in a cut-throat hardware market. At the world's largest mobile trade show, the Mobile World Congress in Barcelona, some of the biggest companies in the world showed off some unusual screen technology. "As a result we are seeing a proliferation of weird and wonderful new designs such as wrist worn phones, rollable screens, virtual 3D displays and more." Here's some of the screen tech on display at MWC:

Persons: Ben Wood Organizations: Mobile, MWC, Apple, Samsung, CCS Insight, CNBC Locations: Barcelona

☆ AI phones and smart rings: The hottest tech at the world's biggest mobile show
▼ + stars: | 2024-02-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI phones and smart rings: The hottest tech at the world's biggest mobile showCNBC's Arjun Kharpal and Karen Tso discuss the new products and themes at this year's Mobile World Congress in Barcelona.

Persons: Arjun Kharpal, Karen Tso Locations: Barcelona

☆ Orange CEO: The telecommunication sector needs to innovate faster
▼ + stars: | 2024-02-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOrange CEO: The telecommunication sector needs to innovate fasterOrange CEO Christel Heydemann tells CNBC's Karen Tso how the big telco companies are coming to Mobile World Congress to express the need for innovation

Persons: Christel Heydemann, Karen Tso Organizations: Orange, Mobile, Congress

☆ 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

☆ Companies are already trying to put AI features on consumer-facing products at MWC: Research firm
▼ + stars: | 2024-02-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCompanies are already trying to put AI features on consumer-facing products at MWC: Research firmNicole Peng, senior vice president of mobility at Canalys, discusses the role that artificial intelligence is playing at the Mobile World Congress 2024 in Barcelona.

Persons: Nicole Peng Organizations: Companies, MWC, Research, Mobile Locations: Barcelona

☆ As AI takes hold of your smartphone, the end of the app era could be in sight
▼ + stars: | 2024-02-28 | by ( Hugh Langley | ) www.businessinsider.com time to read: +5 min

Smartphone makers flooded Mobile World Congress to show off new AI features. More AI tools are moving on to devices, which would make them faster and cheaper to run. Now, as the industry looks to capitalize on the AI boom and galvanize a stagnating mobile market, phone makers want the AI tools to run locally on the phone itself. The company attended MWC to tout how it's helping phone makers such as Samsung and Honor run more AI tools on their phones. Samsung was also there, previewing some of the AI tools it's begun to roll out on its phones, including a nifty live-translation feature.

Persons: —, chipmakers, it's, Morgan Stanley, Francisco Cheng, Hugh Langley, Cheng, Siri, Francisco Jeronimo, Jeronimo Organizations: Congress, Service, Mobile, Companies, Qualcomm, Samsung, Hugh Langley Qualcomm, MWC, Google, Motorola, IDC, Insider, Deutsche Telekom, Brain.ai Locations: Barcelona

☆ Hewlett Packard Enterprise CEO: Our goal is to democratize supercomputing for everyone
▼ + stars: | 2024-02-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHewlett Packard Enterprise CEO: Our goal is to democratize supercomputing for everyoneHewlett Packard Enterprise CEO Antonio Neri speaks to CNBC's Karen Tso at Mobile World Congress in Barcelona, Spain.

Persons: Antonio Neri, Karen Tso Organizations: Hewlett, Enterprise, supercomputing, Hewlett Packard Enterprise, Mobile Locations: Barcelona, Spain

☆ Smartphone makers are dreaming of a 'supercycle' driven by AI. Analysts disagree
▼ + stars: | 2024-02-27 | by ( Ryan Browne | ) www.cnbc.com time to read: +6 min

Samsung has gone big on generative AI with its Galaxy S24 Ultra smartphone. When was the last smartphone supercycle? Smartphone makers have been dreaming of a "supercycle" in their industry, driven by AI, after a bruising few years that saw device sales slow aggressively. 'AI phone era'Major smartphone players are betting that a supercycle is about to happen thanks to AI. "We're right now at the dawning of an entirely new era, an AI phone era," Kitto said.

Persons: Kim Hong, they're, Francisco Jeronimo, Jeronimo, Ben Wood, Wood, James Kitto, Kitto, Brian Rakowski, Rakowski, We've Organizations: Samsung Electronics, Reuters, Reuters BARCELONA –, Samsung, Google, Galaxy, Apple, Financial Times, Mobile, Congress, Huawei, Qualcomm, IDC, Twitter, CNBC, 3G, CCS, Samsung's, Google's, Android Locations: Seoul, South Korea, Reuters BARCELONA, Chertsey , England

☆ The virtual reality space is 'massively growing' for both consumers and businesses, HTC says
▼ + stars: | 2024-02-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe virtual reality space is 'massively growing' for both consumers and businesses, HTC saysShen Ye, global head of product at HTC, discusses the outlook for virtual reality at the Mobile World Congress.

Persons: Shen Ye Organizations: HTC, Mobile

☆ 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

☆ Europe's telecom landscape needs to be more investor-friendly, Telenor CEO says
▼ + stars: | 2024-02-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEurope's telecom landscape needs to be more investor-friendly, Telenor CEO saysTelenor CEO Sigve Brekke discusses artificial intelligence and the outlook for the telecom industry at the Mobile World Congress in Barcelona.

Persons: Sigve Brekke Organizations: Telenor, Mobile Locations: Barcelona

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