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Stock Market & Financial Investment News

News Breaks
December 27, 2013
08:03 EDTLNVGY, SSNLFLenovo aims to be first in mobile, NY Times reports
Laptop maker Lenovo (LNVGY) is the second-largest smartphone brand in China, after Samsung Electronics (SSNLF). The company wants to build on that success and begin pushing into the U.S. and other wealthy markets in 2014. “I’ll be very clear: Our aspiration is someday to be No. 1 in the mobile space,” said J. D. Howard, a Lenovo VP who is in charge of developing the company’s smartphone business outside China. Reference Link
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April 21, 2014
06:45 EDTSSNLFApple and Google compete to offer exclusive game apps, WSJ reports
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April 17, 2014
16:08 EDTLNVGYUnwired Planet closes Lenovo patent license and purchase transaction
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April 16, 2014
12:30 EDTLNVGYEarnings Preview: Cantor more upbeat than Citi on IBM ahead of report
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08:01 EDTSSNLFSamsung exec foresees Galaxy S5 to outsell S4, Reuters says
Yoon Han-kil, senior vice president of Samsung's product strategy, anticipates that the new Galaxy S5 smartphone will outsell its predecessor and defy expectations that the South Korean company's latest model will struggle in a harsh market for high-end handsets, according to Reuters, citing comments from Yoon. The executive also noted that Samsung was working to launch at least two smartphones running on its own Tizen operating system. Reference Link
06:52 EDTSSNLFSamsung objects to Apple's patent claims in $2B court battle, Bloomberg says
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06:20 EDTSSNLFSamsung, Sony Mobile, HTC to release mini smartphone models, DigiTimes says
Samsung (SSNLF), Sony (SNE) Mobile and HTC are expected to launch mini versions of their flagship smartphones by end of Q2, reports DigiTimes. According to sources at Taiwan's handset supply chain, Samsung will release a Galaxy S5, Sony Mobile will release the Xperia Z2 Compact and HTC will release a HTC One mini. Reference Link
06:19 EDTSSNLFIHS: Samsung Galaxy S5 carries $250 BOM, DigiTimes reports
An IHS teardown reveals that the Samsung Galaxy S5 carries over $251.52 BOM, reports DigiTimes. The BOM comes out to be more expensive than other high-end smartphones, including the iPhone 5s which carries $207 BOM. Reference Link
06:18 EDTSSNLFHackers could reportedly bypass Samsung's Galaxy S5 fingerprint sensor, WSJ says
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April 15, 2014
06:09 EDTSSNLFSamsung, HTC to offer alternative chassis choices for smartphones, DigiTimes say
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06:08 EDTSSNLFSamsung: Gains in smartphone market the result of strategy shift, WSJ reports
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April 14, 2014
12:29 EDTSSNLFSamsung partners with SingTel to increase wireless usage, Nikkei reports
Singapore Telecommunications has partnered with Samsung to increase wireless data usage in emerging markets, Nikkei reports. Reference Link
06:40 EDTSSNLFNo lines for Samsung's Galaxy S5 but carriers say demand healthy, Re/code says
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06:11 EDTSSNLFIntel works with HzO to enhance water resistance in products, DigiTimes says
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06:09 EDTLNVGYLenovo sees 200% increase in PC sales to small, medium businesses, DigiTimes say
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April 11, 2014
09:19 EDTSSNLFANADIGICS ships AWC6383 dual-band ProVantage PA to Samsung
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06:47 EDTSSNLFSamsung ups S5 incentives to fend off rivals, Bloomberg says
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06:46 EDTSSNLFDocuments: Samsung misled investors about Galaxy tablet sales, Fotune says
According to documents revealed in the Samsung (SSNLF)-Apple (AAPL) lawsuit, Samsung misled the public about how many tablets it sold in 2011, Fortune reports. Strategy Analytics told the world Samsung sold 2M Galaxy Tablets in six weeks, when "it took Samsung all of 2011 to sell half that many." Reference Link
06:08 EDTSSNLFMemory suppliers look to bundle NAND flash sales with DRAM chips, DigiTimes says
Some memory device suppliers may be pushing sales of NAND flash chips with DRAM chips in an effort to easy the oversupply of NAND flash products, reports DigiTimes. According to market sources, the prices of NAND chips have continued to decline this year due to the capacity ramps from major companies. Reference Link
April 10, 2014
06:49 EDTLNVGYMotorola Mobility names Osterloh COO
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06:23 EDTLNVGYIDC says worldwide PC shipments totaled 73.4M units in Q1, down 4.4% y/y
Worldwide PC shipments totaled 73.4 million units in 1Q14, a decline of -4.4% year on year, according to the International Data Corporation Worldwide Quarterly PC Tracker. Although still in decline and with continuing weakness in consumer and emerging market segments, the preliminary results are slightly better than a projected decline of -5.3%. The U.S. market continued to stabilize with growth near zero – in line with forecasts. With shipments totaling 14.3 million PCs in 1Q14, the U.S. market contracted by -0.6% from the same quarter a year ago. Desktop shipments were slightly stronger, posting 3.5% growth, while portables remained in negative territory. Lenovo (LNVGY) preserved its lead in total worldwide PC shipments despite a seasonal drop due to the Chinese New Year. Growth in other regions continued at a solid pace although Latin America slowed after a dramatic expansion over the past year. HP (HPQ) remained in the number 2 position, with growth rising nicely to nearly 5% year on year. Dell grew over 9% in the first quarter.
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