Samsung ramps up smartphone strategy, touts larger curved screen device
News from Fox News:

A product expert holds a Samsung Galaxy S6 Edge+ at the product’s launch event in New York Aug. 13, 2015. (REUTERS/Andrew Kelly)

Samsung ramped up its smartphone strategy Thursday, unveiling its new Galaxy S6 edge+ and Note5 devices at a glitzy event in New York’s Lincoln Center.

Like the Galaxy S6 edge, the edge+ has dual curved edges, but comes with a 5.7-inch display, larger than its predecessor’s 5.1-inch screen.

“Today, the journey continues in the large screen category that Samsung created,” said JK Shin, CEO of Samsung Electronics’ IT and Mobile Division, during the launch. “We’re still betting big – the fact is that we’re all using our smartphones in two major ways – as multimedia consumers and as multitaskers.”  

Touted as ideal for multimedia users, the edge+’s dual edges offer users a shortcut from any screen to their contacts and apps.

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HTC, Lenovo both announce big layoffs as smartphone makers feel the squeeze
News from Ars Technica:

HTC and Lenovo have both announced that they’re making large-scale layoffs as they struggle to achieve smartphone profitability.

HTC, which last week announced a $ 250 million after tax loss for the quarter ending June 30, is cutting 2,250 people by the end of the year. The layoffs amount to some 15 percent of the company workforce, and the move is part of a plan to reduce operating expenses by 35 percent.

HTC has said that it is forming new business units to focus on premium smartphones and virtual reality. Once a major player in the market, the company has seen its global market share shrink to less than two percent amid intense competition from both established players like Samsung and new companies such as Xiaomi.

HTC has partnered with Valve to produce the HTC Vive virtual reality headset, which represents a new market for the company. Early hands-on experiences with the device have been promising, but the company’s core product remains smartphones—

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