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Tablet Market Declines 5.4%; Apple maintains lead position

Growing demand for smartphones combined with the lengthening replacement cycle of tablets and strengthening position of traditional PCs left the tablet market in an awkward middle ground that it has not been able to escape. Growth in 3Q17 declined 5.4% year over year, marking the twelfth consecutive quarter of annual decline. ‘There’s a penchant for low-cost slates and this holds…

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Xiaomi to overtake Samsung in India

India has now overtaken the United States to become the world’s second largest smartphone market after China. After a wobble in Q2 2017, India’s smartphone market recovered quickly, with shipments growing 23% year on year in Q3 2017 to reach just over 40 million units. Samsung and Xiaomi, which shipped 9.4 million and 9.2 million units respectively, accounted for almost…

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Xiaomi Soars as Global Smartphone Shipments Hit 360 Million in Q2 2017

According to the latest research from Strategy Analytics Wireless Smartphone Strategies (WSS) service, global smartphone shipments grew 6 percent annually to reach 360 million units in Q2 2017. Samsung maintained first position with 22 percent global smartphone market share, while Apple dipped to 11 percent share. Xiaomi surged 58 percent annually and rejoined the top five rankings for the first time in…

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Global Refurbished and Used Mobile Phones Market to Reach US$ 40 Bn by 2025

Persistence Market Research (PMR), in its recent report, projects the global refurbished and used mobile phone market to register an impressive expansion at 8.9% CAGR during the forecast period 2017 to 2025. Global sales of refurbished and used mobile phones are estimated to account for revenues worth US$ 19,715.1 Mn in 2017.   Global leading manufacturers of mobile phones are emphasizing on green initiatives,…

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Chinese vendors grab More Than Half of India smartphone market in Q1

According to International Data Corporation’s (IDC) Quarterly Mobile Phone Tracker, 27 million smartphones were shipped in India in CY Q1 2017 with a healthy 14.8 percent growth over the same period last year. But unlike last year, shipments grew sequentially in the first quarter of 2017 by 4.7 percent recovering from demonetization impact in Q4 2016. China-based vendors continue to…

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Barounas appointed Lenovo Mobile Western Europe VP

Lenovo has announced the appointment of Antony Barounas as its new Vice President for the Western Europe region including Italy, Iberia, France, Germany and Greece. Barounas was previously VP for Europe and head of global customer units at Sony and has been tasked with helping Lenovo grow its mobile activities in EMEA. READ MORE: Lenovo And MobileIron Form Global Partnership To…

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Lenovo Names Francois Bornibus New President EMEA

Bornibus takes over from Luca Rossi, and will look to lead market capture across all segments The vendor’s former EMEA president, Eric Cador, left the company in May 2016, and the responsibility was passed over to Luca Rossi. Currently VP and COO for Lenovo EMEA, Bornibus will pick up the new role on April 1. He will report to Rossi,…

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Lenovo And MobileIron Form Global Partnership To Deliver Security And Management For Modern Operating Systems

MobileIron (NASDAQ:MOBL), the security backbone for the digital enterprise, today announced a global partnership with Lenovo to help enterprise customers secure and manage Windows 10, Android, and iOS devices simply and efficiently. Using MobileIron’s EMM platform with select Lenovo PCs, customers may be able to decrease the total cost of PC ownership by up to 80 percent.* According to the…

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Smartphone Trends: More Memory, More Market Share

Smartphones have (and are) becoming advanced computers as the software, hardware, services and user needs mature to a point it almost are replacing the need for PCs. Applications such as AR/VR will be more demanding on DRAM in phones this year. Higher Resolution Displays, LTE all are driving need for higher DRAM capacities in smartphones. Furthermore, OEMs have been pushing…

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Lenovo net income sinks 67% on higher costs, expansion; revenue declines 6%

Chinese technology company Lenovo Group announced Thursday that its net income for the quarter ended December 31, 2016 slumped 67 percent to $98 million, mainly due to increased costs of main components, business transformation and overseas expansion.   Revenue fell 6 percent to $12.17 billion, according to a statement to the Hong Kong Stock Exchange. Pre-tax profit plummeted 68 percent…

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