5.9 C
Beijing
Wednesday, February 25, 2026

Fed’s Goolsbee Urges Patience on Rate Cuts, Citing Persistent Inflation

Chicago Fed President Austan Goolsbee emphasizes caution on interest rate cuts, stating that inflation must show a clear path to the 2% target before further reductions are considered. He highlights concerns about services inflation and the risks of premature easing.

China Holds Steady: Benchmark Lending Rates Unchanged Amid Economic Balancing Act

China's central bank keeps benchmark lending rates unchanged for the ninth consecutive month, navigating economic slowdowns, currency strength, and domestic demand challenges.

TopFan Opens Its Fan-Community Platform to Individual Creators, Targeting the “Owned Audience” Boom

TopFan is expanding its fan-community platform to individual creators, offering a direct-to-fan hub for paid communities, merch, livestreams, and audience data—highlighting the 2026 shift toward owned audiences and creator-controlled monetization.

Apple overtakes Samsung to become the world’s top smartphone seller

BusinessApple overtakes Samsung to become the world’s top smartphone seller

Apple has moved ahead of Samsung to become the world’s biggest smartphone seller by volume, according to new industry estimates — a milestone that ends Samsung’s long-running lead at the top of the market.

Data from International Data Corporation (IDC) shows Apple shipped 234.6 million iPhones in 2023, giving it about 20.1% of the global market, while Samsung shipped 226.6 million units for a 19.4% share.

The leadership change comes despite a difficult year for the overall smartphone industry. IDC estimates global shipments fell 3.2% in 2023 to roughly 1.17 billion phones, as consumers held onto devices longer and demand remained weak in several markets.

Analysts say Apple’s rise was supported by strong demand for premium models and consistent upgrades among iPhone users. At the same time, Samsung faced heavier pressure in the Android ecosystem, where rising competition from Chinese manufacturers has intensified the battle for market share.

Behind Apple and Samsung, IDC’s preliminary ranking placed Xiaomi in third, followed by Oppo and Transsion.

Check out our other content

Check out other tags:

Most Popular Articles