Almost 3,000 Microsoft employees will lose their jobs as the tech giant plans to cut staff over the next year across its smartphone hardware business and global sales division.
LG Display, a supplier of Apple's iPhone screens, will produce flexible displays for smartphones, in a sign that more high-end smartphone makers may adopt flexible screens in the near future.
As Apple prepares for its next major product launch this fall, the company continues to draw an increasing share of its revenues from services, rather than from sales of devices like the iPhone and iPad.
Priced considerably lower than BlackBerry's first Android phone, the new DTEK50 is being touted as "the world's most secure Android smartphone." The $299 DTEK50 is set to ship August 8.
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