Lenovo CEO Yang Yuanqing said he hopes the company's $2.91 billion purchase of Google's Motorola Mobile division will help it to pass smartphone market leaders Samsung Electronics and Apple, though he acknowledged that would take time.
Samsung, the clear leader in worldwide smartphone shipments, is collaborating with Carphone Warehouse on a new store concept that will see the mobile phone retailer operate more than 60 Samsung standalone stores across Europe.
Samsung Electronics and Apple maintained their stranglehold on the global smartphone market in the fourth quarter and for all of 2013, according to multiple research firms, but lower-end rivals are gaining market share at a faster pace. That may mean that over time the market for high-end, high-margin phones will erode, as average selling prices for smartphones worldwide fall.
Apple said it sold a record 51 million iPhones during its most recent quarter, which covered the critical holiday shopping season. Apple's iPhone sales figure was slightly lower than what an average of analysts expected. Apple also reported quarterly revenue of $57.6 billion and quarterly net profit of $13.1 billion.
Apple is looking to expand its presence in the mobile payments market, according to multiple reports.
Apple is working on two iPhone models with larger screen sizes than the current 5s and 5c models, according to a Wall Street Journal report, the latest to indicate that Apple is thinking of increasing the screen size of its phones to compete with large-screen devices from Samsung Electronics, Nokia, LG Electronics, HTC and others.
In the ongoing spectacle of Apple's patent war against Samsung, developers have had a ringside seat, and they wasted no time in commenting about the latest skirmish.
Rockstar, a patent consortium owned by Apple, Microsoft, Ericsson, Sony, EMC and BlackBerry, dropped a lawsuit against Huawei. Rockstar had sued Huawei, Google and other Android manufacturers last fall, arguing that their products infringed on patents owned by Rockstar, which bought a trove of Nortel Networks' patents in 2011.
Apple's iPhone devices dropped fewer data sessions than rival smartphones in 2013, amid over 100 per cent growth in the number of data sessions and voice calls dropped, telco customer experience software developer Actix revealed yesterday.
Apple and Samsung Electronics' dominance over the smartphone market, in the United States in particular, is well-known. However, a new measure of just how tight a grip the two companies have comes from research firm the NPD Group, which found that in the fourth quarter the two companies grabbed 68 percent of total U.S. smartphone ownership.