THQ Refocuses Wireless Business on Smartphones
Mobile gaming provider THQ Wireless has announced that it is restructuring its business and contributing to the layoffs hitting the tech sector. Along with loosing 100 employees, CEO Brian Farrel said, "As part of our goal of aligning our business to focus on our most competitive product categories, we have decided to streamline our THQ Wireless operations to focus only on games for high-end handheld devices." THQ didn't say exactly which platforms it would support.
Sony Mobile CEO Says Company Committed to Smartphones
Hiroki Totoki, the President and CEO of Sony Mobile, said the company has no plans to exit the smartphone business. Totoki covered a wide range of topics during an interview with Arabian Business.
Sony Forms Business to Make PlayStation Games for Phones
Sony is creating a new business unit with the express purpose of bringing PlayStation-branded games to smartphones and tablets. The company is changing its name from Sony Computer Entertainment to Sony Interactive Entertainment and at the same time forming ForwardWorks Corporation.
Jolla Announces Layoffs Amidst Restructuring
Jolla today said the company is restructuring its finances and laying off the bulk of its employees. Jolla was launched by former Nokia employees and created Sailfish OS and several phones and tablets.
Novatel to Sell MiFi Business and Focus on IoT
Novatel Wireless today announced plans to divest its mobile broadband business. The company has agreed to sell its MiFi branded hotspots and USB modem product lines to Hong Kong-based TCL Industries Holdings for $50 million in cash.