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Lenovo to challenge Apple and Samsung in smartphones: CEO

Yang Yuanqing, chairman and chief executive of Lenovo, said the acquisition of Motorola Mobility and the ongoing transformation in the global landscape will enable Lenovo to stand out in smartphone business, which leaves an opportunity to challenge Apple and Samsung's dominance.

January 7, 2015 by

Samsung Q3 net profit tumbles by 49%

The release of the Galaxy Note 4 did not save Samsung from a 49 percent tumble in net profit for the third quarter of 2014, with the tech giant pointing to increased smartphone competition and reduced sale prices for older phones.

October 29, 2014 by

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