Samsung’s global market share continues to dip, falls over 5% from last year

global market share 2015 Q2Samsung’s Galaxy S6 doesn’t look it’s moving the needle in a positive direction for the company, as the latest market share numbers show Samsung’s global dominance continuing to slip to Apple and cheaper Chinese OEMs.

In Q2 of 2014, Samsung held 26.2% of the global market, more than doubling Apple’s market share. This year, Apple has steadily increased their market share to nearly 15% while smaller vendors like Huawei and Xiaomi have scooped up more of the low end, leaving Samsung with just 21.9% market share. That’s over a 5% drop from a year ago, which is pretty substantial. Read more

Motorola Mobility cutting 500 jobs in Chicago as part of bigger Lenovo cuts

motorola_logo_office_elevator

Yesterday, Lenovo reported they were cutting 3,200 jobs from their workforce as part of a cost-cutting measure after poor financial results. The cuts are across all parts of the business and as we learn today, a big chunk will be coming from the Motorola Mobility unit based in Chicago. Motorola will be cutting 500 positions, which is approximately 25% of the workforce located in Chicago, as part of this latest move. Read more

Lenovo’s K3 Note with 5.5-inch Full HD display launches in India for Rs. 9,999

Lenovo K3 Note (1)

India is a veritable hotbed for smartphones, with a huge variety of devices being released seemingly every day. Today, we have the Lenovo K3 Note smartphone that has just been launched in India, and will be available in a series of those flash sales we love to hate, the first of which is on July 8th. We have the specifications and pricing after the break.

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