Xiaomi became the world's third-largest smartphone maker by market share for the first time during the third quarter, although it stands to immediately lose that status after Chinese rival Lenovo completed its acquisition of Motorola Mobility.
The Merchant Customer Exchange (MCX) is willing to use Near Field Communications technology like its rivals, its CEO said. MCX is a consortium of some of the country's largest retailers that is setting up a mobile payments program that will stand as a rival to Apple Pay, Softcard and other mobile payment offerings.
Samsung Electronics' third-quarter profit plunged thanks in large part to a steep decline in its mobile unit's profit and sales, as rising competition from Chinese rivals like Huawei, Lenovo and Xiaomi has started to take a toll. Samsung said its mobile performance in the current fourth quarter remains uncertain, but the company hopes to bounce back thanks new phones with flexible displays in 2015 as well as more competitive phones at different price points.
HALF MOON BAY, Calif.--Apple decided to put its Apple SIM card inside its new iPads because it didn't know which wireless carriers its customers would choose and because the company wanted to give its customers more choice, according to an Apple executive.
Apple CEO Tim Cook indicated he is open to working with Chinese e-commerce giant Alibaba and its billionaire founder Jack Ma, who expressed an interest in partnering with the iPhone maker in mobile payments.
Drug store chains CVS and Rite Aid appear to have decided to stop supporting Apple Pay, the company's new mobile payments platform, as well as other payment methods that use Near Field Communications technology, according to multiple reports.
Although the new Apple SIM card for its new iPad Air 2 and iPad mini 3 promises to let customers switch between different carriers' service plans on the tablets, there are a number of caveats to the service that have recently come to light. Most notably, AT&T Mobility confirmed that if customers purchase an iPad with the new Apple SIM card and activate cellular service via AT&T, the Apple SIM card will be locked to AT&T's network and customers will need to purchase a new SIM to activate the device on another carrier.
iOS developers now know what they'll be doing over the upcoming holiday season: making sure their current and future apps are able to support 64-bit computing based on a strict commandment from Apple.
Apple and Samsung are fuelling growth in the sales of sensors for mobile devices that will see the value of the market grow threefold between 2012 and 2018, analysts predict.
Fundamental changes in demand will be very disruptive to smartphone suppliers. Smartphone vendors that want to succeed will need to make significant cost reductions while also adapting with new product offerings, changes in supply chains, and product distribution.