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Betamek's 1Q revenue rises on diversification strategy
Betamek's 1Q revenue rises on diversification strategy

The Star

time24-07-2025

  • Automotive
  • The Star

Betamek's 1Q revenue rises on diversification strategy

Betamek executive director Muhammad Fauzi Abd Ghani KUALA LUMPUR: Betamek Bhd recorded a net profit of RM5.39mil in its first financial quarter ended June 30, 2025, up from RM4.88mil in the year-ago quarter, which translates into an earnings per share of 1.2 sen as compared to 1.08 sen previously. The original design manufacturer (ODM) reported revenue of RM56.88mil, higher than RM49.97mil in the previous comparative quarter. It said the growth was owing to higher sales of vehicle accessories and the initial contributions from industrial instruments and consumer electronics, reflecting early success from Betamek's diversification strategy. During the quarter, the group's vehicle audio and visual products segment continued to be the primary revenue contributor, accounting for RM38.9 million, or 68.4% of total revenue. The vehicle accessories segment contributed RM11.3mil, while the non-automotive products segment accounted for RM6.6mil. The Malaysian market remained the group's key contributor - accounting for 97.2% of total revenue while the balance was derived from Hong Kong and Japan. Betamek has declared a first interim dividend of one sen per share with ex-date on Aug 6, 2025, and payment on Aug 20, 2025. "We're pleased to begin the financial year on solid footing, driven by ongoing progress in our diversification strategy and operational improvements, particularly at Sanshin Malaysia. "This performance reflects our ability to adapt and grow sustainably even as the market normalises following a record year," said Betamek executive director Muhammad Fauzi Abd Ghani in a statement. He said the group remains focused on customer diversification as part of its long-term strategy to reduce reliance on a single customer and capture new growth opportunities in the automotive sector. "While the Malaysian automotive market is expected to stabilise following an all-time high total industry volume of 816,747 units in 2024, Betamek remains confident in the robust demand from affordable vehicle segments, led by its anchor customer Perodua, which retains a dominant market share and a strong order backlog of 90,000 units," he added.

Is the Trump T1 smartphone really ‘Made in the USA'? Here's what we know about its origins, features, and price
Is the Trump T1 smartphone really ‘Made in the USA'? Here's what we know about its origins, features, and price

Time of India

time18-06-2025

  • Business
  • Time of India

Is the Trump T1 smartphone really ‘Made in the USA'? Here's what we know about its origins, features, and price

The Trump Organization recently unveiled the T1 smartphone — a gold-colored, Android-powered device priced at $499. Promoted as "built in the United States," new reports now suggest that the phone will most likely be manufactured in China. According to an investigation by NBC News, the T1 is expected to be produced by a Chinese Original Device Manufacturer (ODM), despite branding efforts that emphasize American manufacturing. Experts point out that the U.S. lacks the necessary infrastructure to design and mass-produce smartphones, making overseas production the only viable option. Francisco Jeronimo, vice president at research firm IDC, told NBC, 'There is no way the phone was designed from scratch or will be assembled entirely in the U.S. That's completely impossible.' He emphasized that a Chinese ODM will likely handle both design and manufacturing based on Trump's specifications. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Never Put Eggs In The Refrigerator. Here's Why... Novelodge Undo Blake Przesmicki, an analyst at Counterpoint Research, echoed this view, noting that the T1, despite its 'American-made' marketing, will most likely come from a Chinese manufacturer. Jeff Fieldhack, research director at the same firm, added that the U.S. simply doesn't have the local manufacturing capacity to support such production. Trump has long pushed for tech giants like Apple to manufacture more electronics within the U.S., as part of a broader nationalistic manufacturing push. However, experts say shifting full-scale production of smartphones to American soil would not only be time-consuming—taking years to establish facilities—but would also significantly increase consumer prices. Live Events In the case of the T1, nearly all of its major components are expected to come from overseas. The 6.8-inch AMOLED display will likely be sourced from South Korea's Samsung or LG, or possibly Chinese company BOE. Its processor will most likely be from Taiwan's MediaTek, while camera sensors could come from Japanese firm Sony — the dominant player in that market. Even if memory chips come from U.S.-based Micron, those components often rely on global supply chains. At $499, the Trump T1 significantly undercuts Apple's iPhone 16 Pro Max, which starts at $1,199 and features a slightly larger 6.9-inch screen.

Who is really behind the Trump Mobile T1 phone?
Who is really behind the Trump Mobile T1 phone?

The Verge

time17-06-2025

  • Business
  • The Verge

Who is really behind the Trump Mobile T1 phone?

In case you missed it, the Trump Organization announced yesterday that it plans to release a $499 Trump-branded, 'built in the United States' phone later this year. A spokesperson for the Trump Organization doubled down on this claim to The Wall Street Journal, saying 'manufacturing for the new phone will be in Alabama, California and Florida.' But unless the organization has somehow hidden an entire domestic mobile device supply chain right under our noses, this is virtually impossible. The T1 Phone, as it's called, lists some decent midrange specs like a 6.8-inch OLED 120Hz refresh rate screen. Offering it for $500 as soon as this fall? That would take a miracle. Case in point: a company called Purism makes a device called the Liberty Phone, which sources many of its parts from US companies and assembles it here. The cost? $2000, and you won't find something as luxurious as an OLED panel there. More likely the T1 will be a white label device with most or all of its production handled by a Chinese ODM, or original design manufacturer. These dozen or so companies are responsible for as much as 44 percent of smartphone shipments globally, largely handling budget models while OEMs like Samsung and Huawei focus on producing their own high-end devices. So, which of these budget phones is closest to the pin? Because we love a good mystery, Verge staff spent the past 24 hours combing the likes of Amazon and GSMArena trying to piece it together. With just a dubious set of specs to go on, we've narrowed it down to a handful of devices that might fit the description. Is the real T1 Phone somewhere in the mix? Will it be a customized version of one of these devices built to the Trump Organization's specifications? Was this all a silly waste of time because this phone does not and will never exist at all? Who can say? In the meantime, leave a comment and let us know if you figured it out. DOOGEE Note 58 We found this one on Amazon through a rigorous search process, by which I mean we typed 'Big Android phone' into the search bar. It's the spitting image of an iPhone, or at least looks like someone used a rendering of a rumored iPhone and added the word DOOGEE to it. The camera array looks about right, and the screen is the correct size. It also claims to run Android 15. But it comes with a 6250mAh battery, which is bigger than the 5000mAh cell in the T1 that was initially described as a 'long life camera' on the product page. Someone eventually fixed that yesterday, I guess. Ulefone Note 18 Ultra We've got another iPhone imitator here, and this one has the right RAM and storage combo, plus its 6.78-inch screen matches the description. But it's a 90Hz panel, and the T1 Phone claims to have a 120Hz display. The Ulefone also has an ultrawide camera, which the T1 seems not to have. But can't you picture it in Mar-A-Lago Gold? Wouldn't it be just fetching? Revvl 7 Made by Wingtech, the Revvl 7 was at one point sold under T-Mobile branding. It's no longer listed on T-Mobile's website, but you can still find it on Amazon. If you split the difference between it and the Revvl 7 Pro, which was mysteriously pulled from shelves last fall and analyst Max Weinbach certainly thinks is a top contender for the T1, then you get something that looks a lot like the T1's description. Maybe there's a custom version somewhere between the two. Blu G84 Maybe it's the marble accents on this one, but I feel like this is a strong contender. This one has the headphone jack and the right-sized 6.8-inch screen, though it's a 90Hz panel. There's the Bold K20 too, which conveniently already comes in a gold finish. It would look right at home next to a bunch of gold spray painted decor from Alibaba.

UNISOC Completed optimized to support Android 16, Delivering Enhanced User Experience
UNISOC Completed optimized to support Android 16, Delivering Enhanced User Experience

Associated Press

time16-06-2025

  • Business
  • Associated Press

UNISOC Completed optimized to support Android 16, Delivering Enhanced User Experience

SHANGHAI, June 16, 2025 /PRNewswire/ -- UNISOC, a leading global fabless semiconductor company, is committed to providing high-value products and smarter experiences through technology and innovation. This commitment is demonstrated by the recent simultaneous upgrade of its 5G mobile platforms (T9100, T8200, T8100) and 4G platforms (T7280, T7255, T7250, T7225, T7200, T7100, SC9863) to Android 16. This marks a continuation of UNISOC's consistent alignment with Android updates since Android 11, ensuring rapid compatibility and stable, smooth system performance post-upgrade. The latest Android 16 update brings significant advancements across visual design, AI integration, cross-device connectivity, intelligent user experience, security, and gaming performance. Building on this, UNISOC has enabled four key upgrades across its platforms: UNISOC has maintained a consistent pace with Android updates, ensuring its chipsets are rapidly compatible with the latest system versions. This alignment guarantees stable and smooth system performance post-upgrade and enriches user interaction and ease of use—laying the foundation for long-term mutual success. UNISOC will also host Android 16 training sessions in Shanghai and Shenzhen, providing comprehensive technical support to OEM and ODM partners. These sessions are designed to facilitate a seamless transition to Android 16, empowering partners to accelerate innovation and drive mutual growth. About UNISOC UNISOC is recognized as one of the world's foremost fabless semiconductor companies. We specialize in the design and development of advanced system-on-chip (SoC) solutions. Our innovative solutions power a wide range of products including mobile devices, smart wearable devices, smart cars, smart TVs, connectivity solutions, and Internet of Things (IoT) products. Our mission is to deliver high-value products and more intelligent user experiences through continuous technological advancement and innovation. View original content to download multimedia: SOURCE UNISOC

Kenyan Opposition MP Charles Were Killed in ‘Targeted Assassination'
Kenyan Opposition MP Charles Were Killed in ‘Targeted Assassination'

First Post

time13-05-2025

  • Politics
  • First Post

Kenyan Opposition MP Charles Were Killed in ‘Targeted Assassination'

Kenyan Opposition MP Charles Were Killed in 'Targeted Assassination' | Firstpost Africa Kenyan Opposition MP Charles Were Killed in 'Targeted Assassination' | Firstpost Africa Kenyan MP Charles Were was shot dead in broad daylight in Nairobi, raising serious concerns about political violence and security in the country. Representing the Kasipul constituency, Were was a member of the opposition ODM party, led by Raila Odinga—now in alliance with President William Ruto. The brazen attack has shocked lawmakers and citizens alike, especially after Were had publicly voiced concerns about threats to his life. As investigations unfold, questions are mounting over political tensions, security failures, and the broader implications for Kenya's stability. Watch the full report for in-depth coverage of this high-profile assassination and its potential fallout. See More

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