A new trademark has been registered which indicates that Samsung could be working on another activity tracker. The Gear Fit Pro name has been protected by the company with the European Intellectual Property Agency, possibly in preparation for a new device.
Tag Archive for Business
LG chairman Koo Bon-moo has told a gathering of senior officials within the conglomerate that a refresh is needed in order to discover new areas that will deliver growth. Koo stated that the company must seek to innovate in order to meet the challenges that exist in today’s market.
The chief executive of Chinese technology company Xiaomi has said that his company has been harmed by its fast rate of growth. In a message posted to his WeChat account, Lei Jun outlined a new strategy for Xiaomi, as he looks to the long-term expansion of the company.
Qualcomm have been issued with a substantial fine by the Korea Fair Trade Commission (KFTC), following a three-year anti-trust investigation. The South Korean regulator issued the fine after ruling against methods used by Qualcomm to license its patents.
Cyanogen Inc. has announced that it will discontinue all of its operating system services by the end of the year. The company, which once held the ambition of wrestling control of Android away from Google, has recently been attempting to restructure, in the face of on-going difficulties.
The smartwatch manufacturer Pebble is to stop making hardware with immediate effect, after some of the company’s assets were acquired by Fitbit, the company behind a number of popular activity trackers. As part of the deal, many of Pebble’s staff, as well as intellectual property relating to software and firmware, will be transferred to Fitbit.
LG has submitted a range of trademark applications for smartwatch names to the European Union Intellectual Property Office. The South Korean company wishes to protect the names WatchStyle, Watch Pro, Watch Force and Watch Sole.
Samsung has set up a review to investigate the possibility of carrying out a major reorganisation of the company. The move could potentially see the South Korean conglomerate transition to a holding company structure.
Rumours have been circulating in recent days that HTC is seeking a buyer for its smartphone business. The company has responded, however, dismissing talk of a sale.
Struggling to compete with the likes of Samsung and Huawei, HTC is reportedly considering the sale of its smartphones business. In recent years, HTC’s flagship devices have not proven popular with mainstream consumers, leaving the company struggling to turn a profit.