NEC Officially Quits Smartphone Business
NEC today confirmed that it will exit the smartphone business. NEC had hoped to sell its smartphone business to Lenovo, but talks between the two companies broke down without a deal earlier this month. NEC said that it will cease the development, production, and sales of smartphones immediately, though it will continue to provide support for existing models. NEC will also continue to operate its cell phone business, which it runs with Casio and Hitachi. "We were late to enter the smartphone market, and we were unable to develop attractive products," said Chief Financial Officer Isamu Kawashima. "That's what it comes down to." NEC recently released the Terrain with AT&T in the U.S.
Casio's First Android Wear Watch Defines Ruggedness
Jan 5, 2016
Casio today announced the WSD-F10, the company's first foray into the modern smartwatch market. Casio has long made rugged, outdoorsy watches, and the F10 looks to entice outdoor adventurers who might be seeking more than just a timepiece.
Lenovo to Slash 3,200 Jobs After Motorola Sales Slide
Aug 13, 2015
Lenovo today said it plans to reduce its headcount by as many as 3,200, or about 10%, as it looks to reduce expenses. The company reported earnings and said sales across its various business units dropped by 9% during the quarter.
Lenovo Shows Off the Phab 2 Pro Project Tango Phone
Jun 9, 2016
Lenovo today announced the Phab 2 Pro, a smartphone aimed at helping people capture virtual and augmented reality content. It builds on the foundation set by the first Project Tango tablet, but is a smaller and more refined device.
Lenovo Announces Layoffs, Remains 'Committed' to Motorola
Sep 26, 2016
Lenovo today announced a workforce reduction that will see close to 2% of the company's 55,000 employees losing their jobs. Most of the more-than-1,000 cuts impact Lenovo-owned Motorola.