Tag Archive for Business

Nokia 3 - black

Arto Nummela in surprise departure from HMD Global

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.

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Samsung Galaxy S8 and Samsung Galaxy S8 Plus - Black Sky, Orchid Grey and Arctic Silver

Samsung Galaxy S8 selling twice as fast as previous models

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.

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OPPO R7 Plus - bottom

OPPO R9s becomes best-selling Android smartphone in first quarter

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.

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Samsung Galaxy S7 - Gold Platinum - Camera

Analysts report Samsung Galaxy S8+ will outsell S8

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.

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LeEco Super4 X55 TV

LeEco abandons plans to purchase VIZIO

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.

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Alibaba Group

Alibaba looks to global game distribution

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.

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Samsung Pay - Sweden

Samsung Pay beta launches in Sweden

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.

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Android Pay - Belgium

Android Pay comes to Belgium

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.

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Xiaomi Mi Note 2 - black

Xiaomi announces India boss to become vice president

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.

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Nextbit Robin - Ember

Razer acquires Nextbit

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.

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