American smartphone maker Apple Inc fails to beat South Korean giant Samsung in the Chinese market.
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Breaking News
The report stating Samsung beat Apple in China was false.
Toshiba would cut its expenses on its TV and PC business by US$300 million over the next two years.
The call for low end smartphones from emerging markets may drive Apple revenue downward, analysts predict.
HTC Corp's increase in profit were expected to stop due to advancement in its bigger rivals' technology.
NTT DoCoMo of Japan still refused to make a deal with Apple resulting to the lessening number of customers.
SMRTV Inc., provider of tv service ConnecTV, raised $1.4 million in funding.
Chinese smartphone maker Xiaomi Technology is in the process of closing a fundraising round that will value it at $4 billion - almost half of Nokia's (NOK1V.HE) market capitalization.
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