Apple Struggles as Android Leads 2024 Smartphone Market Rebound
Despite a recovery in the global smartphone market, iPhone sales have stalled, indicating challenges for Apple in maintaining its market position.
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Global Recovery
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Global Markets Rally: Stocks Surge, Asian Markets Trade Higher
Stocks in Asia rose, driven by Taiwan Semiconductor Manufacturing Co.'s positive outlook, boosting hopes for a global recovery in the semiconductor sector. The regional shares gauge saw its best day in over three weeks, with strong gains in semiconductor stocks. Benchmark indexes in Japan, South Korea, and Australia also rose, while TSMC's American depository receipts surged, lifting the company's stock in Taiwan by over 5%.
"TSMC Anticipates Strong Growth Amid Global Tech Recovery"
TSMC, the world's largest contract chipmaker, predicts a return to strong growth as the global chip market recovers. The company's upbeat forecast reflects the ongoing rebound in the semiconductor industry, driven by increasing demand for chips across various sectors.