China: Samsung to shut down last smartphone plant
Seoul – Samsung Electronics will shut down its last remaining mobile phone factory in China at the end of this month, marking the South Korean manufacturer’s exit from the increasingly competitive Chinese market. (Nikkei)
LG Display’s struggle against Chinese rivals
Seoul – Unable to compete with the glut of cheaper Chinese LCD panels, LG Display has replaced its chief executive and is looking to cut jobs. Early this week, the South Korean company held an emergency board meeting to accept … Continue reading LG Display’s struggle against Chinese rivals
Huawei: ‘ARK OS’ trademark in Germany registered
Shenzhen – Huawei has registered its new operating system “Huawei ARK OS” at Europe’s trade administration EUIPO and at the German patent and trademark office on May 24. This seems to confirm that the Huawei Hongmeng OS will in future … Continue reading Huawei: ‘ARK OS’ trademark in Germany registered
Chinese smartphone maker Gionee goes bankrupt
Shenzhen – Chinese smartphone manufacturer Gionee’s bankruptcy application has been accepted by the Chinese court in Shenzhen. Once a top smartphone manufacturer, Gionee has reportedly failed to pay its debt from various suppliers. The problem was compounded in November this … Continue reading Chinese smartphone maker Gionee goes bankrupt
Smartphones driving growth in online sales
London – Smartphones are expected to become a significant transactional channel for travel as customers become more comfortable using mobile devices for purchases as well as research.Global online travel sales accounted for $589 billion in 2013, amounting to a quarter … Continue reading Smartphones driving growth in online sales