Smartphone Sales to Rise Only 3.1% in 2016
Research firm IDC cuts its growth forecast from 5.7% and predicts a steeper decline in iPhone sales than originally expected.
Lenovo Posts First Loss In Six Years
Lenovo CEO Yang Yuanqing said integration efforts related to the company's past acquisitions "did not meet expectations."
Apple’s Q2 Results Miss on iPhone Sales Drop
The company suffered its first quarterly revenue decline in 13 years as its flagship smartphone appears to be nearing saturation point.
Foxconn to Acquire Japan’s Sharp for $3.5B
The Taiwanese firm uses Sharp screens in the iPhones it manufactures, and the deal could increase its leverage with Apple.
U.S. Export Curbs Deal Blow to China’s ZTE
Commerce said ZTE had planned to use shell companies 'to illicitly reexport controlled items to Iran in violation of U.S. export control laws.'