Samsung Electronics Co., facing more competition from Apple Inc. and Xiaomi Corp., is cranking up incentives for its Galaxy S5 to as much as $600 in freebies to defend its place as the world’s largest smartphone maker.
Samsung Electronics Co. will unveil a high-end Galaxy phone next week in circumstances far different than those facing the previous model as it fights to stay atop an industry that’s proven hard for one company to lead for long.
Mobile phones equipped with cameras will pass the 1 billion-unit shipment mark for the first time this year, with the highest resolution models rising the fastest, market research firm Strategy Analytics said.
Lenovo Group Ltd. agreed to buy Google Inc.’s Motorola Mobility phone unit for $2.91 billion, as the world’s largest personal-computer maker continues a buying spree of U.S. technology businesses. Lenovo fell 8 percent.
Samsung Electronics Co., maker of the Galaxy mobile phone, may have surpassed Nokia Oyj and Apple Inc. in smartphone sales for the first time on demand for devices that run on Android software, a research company said.
Samsung Electronics Co., the world’s biggest maker of smartphones, posted its slowest profit growth since 2011 as new Apple Inc. iPhones lured high-end customers and gains in the Korean won curbed the value of overseas sales.
Samsung Electronics Co. set the price of its Galaxy Gear at $299 as the biggest maker of smartphones beats Apple Inc. in unveiling a wristwatch device that can make phone calls, surf the Web and take photos.
Sony Corp. is betting its tablet computers will rival Apple Inc.’s iPad by luring buyers with music and movies, even as the Japanese company arrives more than a year late in the booming market for such devices.