Apple is gearing for a Chinese invasion. Apple was expected to introduce a new and cheaper iPhone model to the world soon. This cheaper iPhone will also have a bigger screen, something which has been a staple of Samsung offerings.

The report stating Samsung beat Apple in China was false. A report by Melanie Lee and Miyoung Kim for Reuters stated that Samsung beat Apple in China. However, another report from CNNMoney written by Philip Elmer-DeWitt claimed that the real situation in the Chinese smartphone market was actually different.

Samsung continued to see growth in its market share. Although Samsung may not have performed well in terms of profit, it was gaining some traction in terms of market share.

Samsung reported not-good-enough profit, which could be a sign of market saturation. Samsung reported a record profit at KRW7. 8 trillion (US$7 billion).

International Data Corporation said that Samsung and Apple would remain smartphone forerunner but LG, Lenovo and ZTE would have greater chances for growth.

BlackBerry laid off 250 employees after firing 5,000 people last year due to weak earnings. BlackBerry, a currently troubled smartphone producer, fired 250 employees from its product-testing facility in Waterloo, Ontario.

Analysts from Citi released a report that in 2015, the smartphone saturation would transpire. On Thursday, analysts at Citi released a report regarding the saturation in the smartphone market.

Canon dimmed its profits and sales outlook as smartphone titans present gadgets that could capture high-quality photos.

SolidFire received backing from Samsung. SolidFire received a US$31 million funding from Korean tech giant Samsung Electronics today. The placement was made through the company's investment arm, Samsung Venture Investment Corporation.

Jay Z struck a deal with Samsung to give one million users free downloads of his Magna Carta Holy Grail album.