More than 400 million phablets will ship in 2019, a five-fold increase over the 138 million devices estimated to be shipped in 2015.
Apple posted a blowout holiday quarter with sales of 74.5 million iPhones and $18 billion in net profit. The results were way above forecasts from most Wall Street analysts. "We'd like to thank our customers for an incredible quarter, which saw demand for Apple products soar to an all-time high," said Tim Cook, Apple's CEO. "Our revenue grew 30 percent over last year to $74.6 billion, and the execution by our teams to achieve these results was simply phenomenal."
Huawei wants to increase sales in its consumer unit this year to $16 billion from around $12 billion in 2014, in part by focusing on higher-end smartphones. The company wants to boost its smartphone unit sales to 100 million this year from 75 million last year.
Microsoft sold a record 10.5 million Lumia-branded Windows Phones in the fourth quarter, but is still dealing with the hangover of integrating Nokia's devices and services business.
Qualcomm is the dominant smartphone chipset supplier around the world and in the U.S. market, but MediaTek hopes to change that, especially as average selling prices for phones continue to drop. MediaTek is the premier silicon provider in the entry-level and mid-range smartphone market in China and the company has been steadily boosting the performance of its chips, especially by combining them with LTE modems. Now, MediaTek is looking beyond China and East Asia.
Apple likely sold more iPhone units in China in its most recent quarter than it did in the United States, according to a Financial Times report. If the report proves accurate, this would be the first time iPhone sales in China have outpaced those in the U.S. market.
T-Mobile US is looking to give its customers discounts when they upgrade to a new smartphone, hoping to ameliorate the cost of a new phone since the carrier does not offer subsidized devices.
T-Mobile US is giving every customer with a monthly voice plan who has made or makes 12 consecutive on-time monthly bill payments access to zero-down financing for smartphones regardless of their credit score.
Microsoft demonstrated how its forthcoming Windows 10 operating system will work on phones and tablets as well as PCs and other devices, and previewed several key features on devices powered by the next generation of the company's main software platform. The software giant is creating a unified operating system that will let developers write universal apps for multiple device sizes, in a bid to jumpstart Microsoft's weak market position in mobile.
Samsung Electronics does not want to buy BlackBerry but instead wants to use more of the company's services in Samsung's devices, according to a co-CEO of Samsung.