Interactive toy-maker Sphero appeared to all the world as though it was in fine shape as the holiday season approached last year. Thanks to licensing deals with Disney and Marvel spawning a range of remote control Star Wars robots and an app-enabled Spider-Man toy, the company's product portfolio burgeoned in 2017. The more affordable Sphero Mini came out towards the end of the year but apparently wasn't enough to ensure decent holiday sales numbers. As a result, staff cuts have been made and Sphero will release products at a slower rate in 2018. Read More
Speaking to Droid-life, both sources inside the company and Motorola itself confirmed today that Lenovo has conducted a brutal round of layoffs at Moto. According to DL, over 50% of Motorola's existing US staff have lost their jobs. A 20-year veteran of the company allegedly posted on Facebook that he had been laid off, so it looks like Lenovo is cutting deep at the device-maker.
One source told them that over 700 employees would be asked to leave of the over 1200 Motorola currently employs. No doubt Lenovo hopes to cut costs by integrating much of Motorola's software and hardware development into its own smartphone unit. Read More
It's not easy being a chip and component maker in the smartphone industry and trying to turn a profit when competitors are driving the prices down to a point where an entire phone can cost somewhere around $50. It's even harder when the high-end market is being governed by a few players, the major one of whom decides to "dump" your chips and use their own for its flagship. That's Qualcomm's conundrum right now. The company, which has been a mainstay on the spec sheet of a grand majority of the Android phones we talk about here on Android Police, is hitting a rough patch — not enough to sound the alarm sirens, but enough to jeopardize the employment of thousands of its workforce. Read More