Dual-SIM smartphone sales to hit half billion in 2016

Dual-SIM smartphone sales will reach 514 million units in 2016, increasing 19 per cent from 431 million sales expected this year and topping the half-billion mark for the first time, according to a forecast from Strategy Analytics. This means “almost one in …

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Telefonica, Unicom ink smartphone pact

Telefonica and China Unicom revealed a smartphone joint procurement deal, “helping both companies deliver richer data services to a broader group of their consumers in China, Latin America and Europe”. A first round has already been completed, involving 4G smartphones. …

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Lenovo’s parent plans $2B IPO in Hong Kong

The parent company of Lenovo Group – Legend Holdings — has been given approval by Hong Kong’s stock exchange for an IPO valued at an estimated $2 billion, Reuters reported. Legend will kick off a roadshow later in the month …

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Lenovo reshuffles mobile heads

Lenovo announced a change in management in its mobile business, with the head of its ShenQi internet-based smart device business taking up the reins of Lenovo’s Mobile Business Group and becoming chairman of Motorola Mobility. Chen Xudong (pictured) has “proven …

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Lenovo focuses on innovation at inaugural Tech World conference

Lenovo’s first Tech World conference, held in Beijing this week, was talked up “as a celebration of innovation”, by CEO Yang Yuanqing after the company took the wraps off a number of new research projects. The most notable advances included …

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BlackBerry subject to takeover speculation – again – following latest job cuts

BlackBerry was again the subject of takeover speculation, shortly after the company announced more job cuts in its latest reshuffle. According to reports, Microsoft is among the potential suitors for BlackBerry, as it looks to bolster its position in the …

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Lenovo Q4 profit hurt by acquisition costs; mobile market share climbs

Chinese player Lenovo saw Q4 net income fall 37 per cent to $100 million, year-on-year, as it absorbed major acquisitions in the shape of Motorola Mobility and IBM’s low-end server business. Strip out M&A charges, however, and net income was up 23 …

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ZTE targets 20% jump in US smartphone shipments

Chinese vendor ZTE aims to boost smartphone shipments to the US this year by 20 per cent to 20 million units. ZTE’s US CEO Lixin Cheng told Reuters that shipments to the US last year expanded 50 per cent, topping …

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Apple star performer, but Samsung tops global mobile chart

Apple was the “star performer” in the mobile phone market in the first quarter of 2015, driven by its strength in China, according to figures from Strategy Analytics. The US company saw its iPhone shipments increase 40 per cent year-on-year …

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