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LG is closing its mobile phone business

LG is closing its mobile phone business

LG Electronics says it’s closing its mobile phone business, with closure expected by 31st July 2021.
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Xiaomi sues American government after inclusion on Pentagon blacklist

Chinese smartphone company Xiaomi is suing the US government. The manufacturer was added to the government’s military blacklist in mid-January, barring Americans from investing in the business.
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Apple breaks all-time quarterly revenue record with $111 billion sales

Apple breaks all-time quarterly revenue record with $111 billion sales

Apple has announced financial results for the first quarter of its 2021 financial year. It’s reported a record quarterly revenue figure of $111.4 billion (£81.3 billion), up 21% year-on-year.
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Samsung launches flagship Galaxy S21 Ultra smartphone

Samsung launches flagship Galaxy S21 Ultra smartphone

Samsung has released its new Galaxy S21 Ultra smartphone, describing it as “the ultimate smartphone experience, designed to be epic in every way”. It’s the first Galaxy ‘S series’ device compatible with the company’s touchscreen S Pen stylus.
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UK Competition and Markets Authority to investigate NVIDIA takeover of Arm

UK Competition and Markets Authority to investigate NVIDIA takeover of Arm

The UK's Competition and Markets Authority has asked interested parties to comment on the potential impact of the planned $40 billion NVIDIA Corporation takeover of UK-based chip designer Arm Limited. A formal investigation is expected later this year.
Author: The Fonecast
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