Image sourced from Samsung Samsung has been named the number one TV manufacturer across the world for the 15th consecutive year, according to Omdia. The tech company recorded 31.9% in global TV market share by revenue in Q4 2020 and retained the largest annual category market share by revenue in 2020, at 31.9%. Samsung’s growth across the Visual Display Business is said to reflect a commitment to the most premium at-home viewing experiences, coupled with the fast-growing QLED portfolio, category leadership in the ultra-large screen segment over 75-inches as well as the introduction and expansion of a Lifestyle TV portfolio. “Consumers use screens every day to entertain, connect with loved ones, work, exercise from home and do much more. And we have seen how different lifestyles and ro...
File Photo Telecoms company Nokia has announced its plan to cut between 5,000 and 10,000 jobs globally in the next two years. It said the move will enable it reduce cost, catch up on 5G, and invest in cloud computing and digital infrastructure research. Nokia said on Tuesday that the restructuring is aimed at boosting its performance against opponents such as Sweden’s Ericsson and China’s Huawei. The company did not indicate regions affected by the measure, but said about 96 jobs in the UK were under threat as part of the €600m (£518m) cost cuts, BBC reported. A Nokia spokesperson was quoted as saying, “We currently expect the consultation process in the UK to cover an estimated 96 roles.” “At this stage, however, these are only estimates. It is too early to comment in detail, as we have o...