Monday, October 17, 2016

Wireless Must Move Beyond Hardware to Grow Business

When you’re told by flight attendants before takeoff to turn off the Samsung Galaxy Note 7, that’s a sign the wireless industry needs to retrench and shift towards software. So too, are job layoffs by Ericsson and now Verizon, according to Rethink Research.

Samsung has stopped production of the device. The recall and refund process, not to mention the loss of future sales, may add up to a $5.3 billion loss. The carrier will likely shift its efforts towards non-smartphone sectors like memory, processors and displays, and boost software focus as it recovers. Continue Reading

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