The Apple Watch claimed 52 percent of worldwide smartwatch shipments last year despite only launching near the end of April, according to estimates from Juniper Research. But just how much potential exists in the smartwatch market is still far from clear.
Samsung Electronics posted preliminary fourth-quarter profits that fell well short of analysts' expectations, providing more evidence that growth in the worldwide smartphone market is slowing substantially. And the manufacturer is hoping the emergence of the IoT can ease its financial woes.
Current and former Samsung executives say the company's mobile businesses will likely continue to struggle unless it can "overcome its dominant engineering culture," Reuters reported this morning.
Samsung Electronics is still likely going to wind up as the world's largest smartphone maker by volume this year, but according to research firm TrendForce, it likely will actually see total shipments decline on a total year-over-year basis for the first time.
Samsung Electronics intends to focus Tizen development efforts on opportunities in the Internet of Things and wearables, at least based on the keynote speakers and a partial agenda set for a developer conference taking place later this month in Bangalore, India. The conference comes amid rumors of a new Tizen-based smartphone Samsung is said to be prepping for later this year.
Samsung Electronics will eschew a Qualcomm chipset and use its own silicon for the next version of its flagship Galaxy S smartphone because the Qualcomm processor overheated during testing, according to a Bloomberg report.
After a year of delays, Samsung finally released a smartphone running its Tizen operating system. The Z1 runs the Tizen 2.3 OS, supports two SIM cards and features a 1.2 GHz dual-core processor, 3.1-megapixel camera and 4 GB of on-board memory, and will sell for $92 in India.
Samsung Electronics expects its mobile business to bounce back in the months ahead, a top company executive said, especially with the launch of its latest flagship phablet device, the Galaxy Note 4. Meanwhile, even as the conglomerate shifts software engineers from its mobile unit to other parts of the company, the world's largest smartphone maker is gearing up for its second annual developer conference this fall.
Samsung is readying a new smart watch that it claims will redefine the meaning of the term 'wearable device' by offering wireless connectivity without being tethered to a smartphone.
Huawei does not plan on building a smartphone running on the open-source Tizen platform, according to a senior company executive, dealing yet another blow to the fledgling smartphone platform. Richard Yu, CEO of Huawei's consumer business group, also said Huawei is putting on pause plans to introduce new phones running Microsoft's Windows Phone platform.