The CEO of HMD Global has resigned, with Arto Nummela leaving the Finnish company with immediate effect. The resignation comes at a busy time for HMD, which owns the rights to Nokia phones.
Tag Archive for Business
Samsung’s 2017 flagship smartphone has been recording highly-impressive sales figures in the company’s home market of South Korea. The 5.8-inch Samsung Galaxy S8 is selling at a rate two-times quicker than either the Samsung Galaxy S7 or Samsung Galaxy S7 ever recorded.
Demonstrating the growing importance of Chinese smartphone companies, the OPPO R9s was the best-selling Android smartphone at the start of 2017. The data is from a report by Strategy Analytics, covering smartphone shipments during the first quarter of the year.
The majority of sales from Samsung’s new range of flagship smartphones will come from the larger Samsung Galaxy S8+, according to industry analysts. The 6.2-inch device is expected to account for 53.9% of sales from the series, a report from Yuanta Security has stated.
Chinese technology company LeEco will not go ahead with its plans to purchase American television maker VIZIO. The $2 billion (€1.89 bn/£1.60 bn) deal has been cancelled, with regulatory difficulties being cited as the reason behind the decision.
Alibaba Games has announced that it is to spearhead efforts to create a new mobile gaming ecosystem. The gaming division of the Chinese e-commerce company is to invest ¥1 billion (€134.6 million/£116.8 m/$144.8 m) as part of its plans to establish a new international distribution system for mobile games.
The international roll-out of Samsung Pay has continued, with the service arriving in Sweden. A beta programme has been established, in order for the South Korean company to make the service available throughout the Scandinavian country.
Android users in Belgium now have a new option when it comes to paying for goods, as their country becomes the tenth market to receive Android Pay. The service will be available in a number of major retailers across the country, with H&M, Carrefour, Media Markt and McDonald’s all on board.
Xiaomi has given its boss of operations in India Manu Kumar Jain an expanded role within the company. Jain will take on the position of Vice President, although will also retain responsibility for the Indian market.
The start-up behind the Nextbit Robin Android smartphone has been acquired by gaming specialist Razer. Nextbit’s team will join Razer as a result of the deal.