Verizon Communications Inc. is an American multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. The company is based at 1095 Avenue of the Americas in Midtown Manhattan, New York City, but is incorporated in Delaware. In 1984, the United States Department of Justice mandated AT&T Corporation to break up the Bell System and split into seven companies, called "Baby Bells". One of the baby bells, Bell Atlantic, came into existence in 1984 consisting of the separate operating companies New Jersey Bell, Bell of Pennsylvania, Diamond State Telephone, C&P Telephone, with a footprint from New Jersey to Virginia; this company would become Verizon. As part of a rebranding of the Baby Bells in the mid-1990s, all of Bell Atlantic's operating companies assumed the holding company's name. In 1997, Bell Atlantic expanded into New York and the New England states by merging with fellow Baby Bell NYNEX. Although Bell Atlantic was the surviving company name, the merged company moved its headquarters from Philadelphia to NYNEX's old headquarters in New York City.
In 2000, Bell Atlantic acquired GTE, which operated telecommunications companies across most of the rest of the country, not in Bell Atlantic's footprint. Bell Atlantic, the surviving entity, changed its name to "Verizon", a portmanteau of veritas and horizon. In 2015, Verizon expanded its business into content ownership by acquiring AOL, two years it acquired Yahoo!. AOL and Yahoo were amalgamated into a new division named Oath Inc.. As of 2016, Verizon is one of three remaining companies that had their roots in the former Baby Bells; the other two, like Verizon, exist as a result of mergers among fellow former Baby Bell members. SBC Communications, bought out the Bells' former parent AT&T Corporation, assumed the AT&T name. CenturyLink was formed in 2011 by the acquisition of Qwest. Verizon's subsidiary Verizon Wireless is the largest U. S. wireless communications service provider as of September 2014, with 147 million mobile customers. And as of 2017, Verizon is the only publicly-traded telecommunications company to have two stock listings in its home country, both the NYSE and NASDAQ.
As of 2017, it is the second largest telecommunications company by revenue after AT&T. Bell Atlantic Corporation was created as one of the original Regional Bell Operating Companies in 1984, during the breakup of the Bell System. Bell Atlantic's original roster of operating companies included: The Bell Telephone Company of Pennsylvania New Jersey Bell Diamond State Telephone C&P Telephone Bell Atlantic operated in the states of New Jersey, Delaware, West Virginia, Virginia, as well as Washington, DC. In 1996, CEO and Chairman Raymond W. Smith orchestrated Bell Atlantic's merger with NYNEX; when it merged, it moved its corporate headquarters from Philadelphia to New York City. NYNEX was consolidated into this name by 1997. Bell Atlantic changed its name to Verizon Communications in June 2000 when the Federal Communications Commission approved the US$64.7 billion Merger with telephone company GTE, nearly two years after the deal was proposed in July 1998. The approval came with 25 stipulations to preserve competition between local phone carriers, including investing in new markets and broadband technologies.
The new entity was headed by co-CEOs Charles Lee the CEO of GTE, Bell Atlantic CEO Ivan Seidenberg. Verizon became the largest local telephone company in the United States, operating 63 million telephone lines in 40 states; the company inherited 25 million mobile phone customers. Additionally, Verizon offered internet services and long-distance calling in New York, before expanding long-distance operations to other states; the name Verizon derives from the combination of the words veritas, Latin for truth, horizon. The name was chosen from 8,500 candidates and the company spent $300 million on marketing the new brand. Two months before the FCC gave final approval on the formation of Verizon Communications, Bell Atlantic formed Verizon Wireless in a joint venture with the British telecommunications company Vodafone in April 2000; the companies established Verizon Wireless as its own business operated by Bell Atlantic, which owned 55% of the venture. Vodafone retained 45% of the company; the deal was valued at $70 billion and created a mobile carrier with 23 million customers.
Verizon Wireless merged Bell Atlantic's wireless network, Vodafone's AirTouch and PrimeCo holdings, the wireless division of GTE. Due to its size, Verizon Wireless was able to offer national coverage at competitive rates, giving it an advantage over regional providers typical of the time. During its first operational year, Verizon Wireless released Mobile Web, an Internet service that allowed customers to access partner sites such as E*Trade, ABC News, ESPN, Amazon.com, Ticketmaster and MSN, as well as the "New Every Two" program, which gave customers a free phone with every two-year service contract. In another partnership with MSN in 2002, Verizon Wireless launched the mobile content service "VZW with MSN" and a phone that utilized the Microsoft Windows operating system. In August 2000 85,000 Verizon workers went on an 18-day labor strike after their union contracts expired; the strike affected quarterly revenues, resulting in Verizon Wireless' postponement of the company's IPO, created a backlog of repairs.
Verizon launched 3G service in 2002, which doubled the Internet speeds of t
Windows Phone 7
Windows Phone 7 is the first release of the Windows Phone mobile client operating system, released worldwide on October 21, 2010, in the United States on November 8, 2010. It received multiple large updates, the last being Windows Phone 7.8, released in January 2013 and added a few features backported from Windows Phone 8, such as a more customizable start screen. Microsoft ended support for Windows Phone 7 on October 14, 2014, it was succeeded by Windows Phone 8, released on October 29, 2012. Microsoft unveiled the new operating system, Windows Phone 7 Series, at the Mobile World Congress in Barcelona on February 15, 2010, revealed additional details at MIX 2010 on March 15, 2010; the final SDK was made available on September 16, 2010. HP decided not to build devices for Windows Phone, citing that it wanted to focus on devices for its newly purchased webOS; as its original name was criticized for being too complex and "wordy", the name of the operating system was shortened to just Windows Phone 7 on April 2, 2010.
On October 11, 2010, Microsoft's CEO Steve Ballmer announced the 10 launch devices for Windows Phone 7, made by HTC, Samsung, LG, with sales beginning on October 21, 2010 in Europe and Australia and November 8, 2010 in the United States. The devices were made available on 60 carriers in 30 countries, with additional devices to be launched in 2011. Upon the release of Windows Phone 7's "Mango" revision, additional manufacturers became partners, including Acer, ZTE. Windows Phone supported twenty-five languages, with applications being available through Windows Phone Store in 35 countries and regions. Support for additional languages and regions were subsequently brought through both the Mango and Tango updates to the OS respectively. Windows Phone 7 is the only version of Windows Phone that features a kernel based on the Windows Embedded Compact 7 version of Windows Embedded CE, used in Windows Mobile and Pocket PC systems. Windows Phone 7 features a user interface based on a design system codenamed and referred to as Metro.
The home screen, called "Start screen", is made up of "Live Tiles". Tiles are links to applications, features and individual items. Users can rearrange, or remove tiles. Tiles are dynamic and update in real time – for example, the tile for an email account would display the number of unread messages or a tile could display a live update of the weather. Several key features of Windows Phone 7 are organized into "hubs", which combine local and online content via Windows Phone's integration with popular social networks such as Facebook, Windows Live, Twitter. For example, the Pictures hub shows photos captured with the device's camera and the user's Facebook photo albums, the People hub shows contacts aggregated from multiple sources including Windows Live and Gmail. From the Hub, users can directly ` like' on social network updates; the other built-in hubs are Xbox Music and Video, Xbox Live Games, Windows Phone Store, Microsoft Office. Due to Facebook Connect service changes, Facebook support is disabled in all bundled apps effective June 8, 2015.
Windows Phone uses multi-touch technology. The default Windows Phone user interface has a dark theme that prolongs battery life on OLED screens as black pixels don't emit light; the user may choose a light theme instead, can choose from several accent colors. User interface elements such as tiles are shown in the user's chosen accent color. Third-party applications can be automatically themed with these colors. Users input text by using an on-screen virtual keyboard, which has a dedicated key for inserting emoticons, features spell checking and word prediction. App developers may specify different versions of the virtual keyboard in order to limit users to certain character sets, such as numeric characters alone. Users may change a word after it has been typed by tapping the word, which will invoke a list of similar words. Pressing and holding certain keys will reveal similar characters; the keys spaced farther apart when in landscape mode. Phones may be made with a hardware keyboard for text input.
Windows Phone 7's messaging system is organized into "threads". This allows a conversation with a person to be held through multiple platforms (such as Windows Live Messenger, Facebook messaging, or SMS within a single thread, dynamically switching between services depending on availability. Windows Phone 7.5 features a version of Internet Explorer Mobile with a rendering engine, based on Internet Explorer 9. The built-in web browser allows the user to maintain a list of favorite web pages and tiles linking to web pages on the Start screen; the browser supports up to 6 tabs. Other features include multi-touch gestures, a streamlined UI, smooth zoom in/out animations, the ability to save pictures that are on web pages, share web pages via email, support for inline search which allows the user to search for a word or phrase in a web page by typing it. Microsoft has announced plans to update the Windows Phone web browser and its layout engine independently from the Windows Phone Update system. Contacts are organized via the "People hub", can be manually entered into contacts or imported from Facebook, Windows Live Contacts, LinkedIn and Gmail.
Contacts may be manually imported from Outlook using Gmail. A "What's New" section show news feed and a "Pictures" section show pictures from those social networks made by the contacts. A "Me" section show the phone user's own social networks status and wall, allow the user to update his status, check into
MacOS is a series of graphical operating systems developed and marketed by Apple Inc. since 2001. It is the primary operating system for Apple's Mac family of computers. Within the market of desktop and home computers, by web usage, it is the second most used desktop OS, after Microsoft Windows.macOS is the second major series of Macintosh operating systems. The first is colloquially called the "classic" Mac OS, introduced in 1984, the final release of, Mac OS 9 in 1999; the first desktop version, Mac OS X 10.0, was released in March 2001, with its first update, 10.1, arriving that year. After this, Apple began naming its releases after big cats, which lasted until OS X 10.8 Mountain Lion. Since OS X 10.9 Mavericks, releases have been named after locations in California. Apple shortened the name to "OS X" in 2012 and changed it to "macOS" in 2016, adopting the nomenclature that they were using for their other operating systems, iOS, watchOS, tvOS; the latest version is macOS Mojave, publicly released in September 2018.
Between 1999 and 2009, Apple sold. The initial version, Mac OS X Server 1.0, was released in 1999 with a user interface similar to Mac OS 8.5. After this, new versions were introduced concurrently with the desktop version of Mac OS X. Beginning with Mac OS X 10.7 Lion, the server functions were made available as a separate package on the Mac App Store.macOS is based on technologies developed between 1985 and 1997 at NeXT, a company that Apple co-founder Steve Jobs created after leaving the company. The "X" in Mac OS X and OS X is pronounced as such; the X was a prominent part of the operating system's brand identity and marketing in its early years, but receded in prominence since the release of Snow Leopard in 2009. UNIX 03 certification was achieved for the Intel version of Mac OS X 10.5 Leopard and all releases from Mac OS X 10.6 Snow Leopard up to the current version have UNIX 03 certification. MacOS shares its Unix-based core, named Darwin, many of its frameworks with iOS, tvOS and watchOS.
A modified version of Mac OS X 10.4 Tiger was used for the first-generation Apple TV. Releases of Mac OS X from 1999 to 2005 ran on the PowerPC-based Macs of that period. After Apple announced that they were switching to Intel CPUs from 2006 onwards, versions were released for 32-bit and 64-bit Intel-based Macs. Versions from Mac OS X 10.7 Lion run on 64-bit Intel CPUs, in contrast to the ARM architecture used on iOS and watchOS devices, do not support PowerPC applications. The heritage of what would become macOS had originated at NeXT, a company founded by Steve Jobs following his departure from Apple in 1985. There, the Unix-like NeXTSTEP operating system was developed, launched in 1989; the kernel of NeXTSTEP is based upon the Mach kernel, developed at Carnegie Mellon University, with additional kernel layers and low-level user space code derived from parts of BSD. Its graphical user interface was built on top of an object-oriented GUI toolkit using the Objective-C programming language. Throughout the early 1990s, Apple had tried to create a "next-generation" OS to succeed its classic Mac OS through the Taligent and Gershwin projects, but all of them were abandoned.
This led Apple to purchase NeXT in 1996, allowing NeXTSTEP called OPENSTEP, to serve as the basis for Apple's next generation operating system. This purchase led to Steve Jobs returning to Apple as an interim, the permanent CEO, shepherding the transformation of the programmer-friendly OPENSTEP into a system that would be adopted by Apple's primary market of home users and creative professionals; the project was first code named "Rhapsody" and officially named Mac OS X. Mac OS X was presented as the tenth major version of Apple's operating system for Macintosh computers. Previous Macintosh operating systems were named using Arabic numerals, as with Mac OS 8 and Mac OS 9; the letter "X" in Mac OS X's name refers to a Roman numeral. It is therefore pronounced "ten" in this context. However, it is commonly pronounced like the letter "X"; the first version of Mac OS X, Mac OS X Server 1.0, was a transitional product, featuring an interface resembling the classic Mac OS, though it was not compatible with software designed for the older system.
Consumer releases of Mac OS X included more backward compatibility. Mac OS applications could be rewritten to run natively via the Carbon API; the consumer version of Mac OS X was launched in 2001 with Mac OS X 10.0. Reviews were variable, with extensive praise for its sophisticated, glossy Aqua interface but criticizing it for sluggish performance. With Apple's popularity at a low, the makers of several classic Mac applications such as FrameMaker and PageMaker declined to develop new versions of their software for Mac OS X. Ars Technica columnist John Siracusa, who reviewed every major OS X release up to 10.10, described the early releases in retrospect as'dog-slow, feature poor' and Aqua as'unbearably slow and a huge resource hog'. Apple developed several new releases of Mac OS X. Siracusa's review of version 10.3, noted "It's strange to have gone from years of uncertainty and vaporware to a steady annual supply of major new operating system releases." Version 10.4, Tiger shocked executives at Microsoft by offering a number of features, such as fast file s
Microsoft Mobile was a subsidiary of Microsoft involved in the development and manufacturing of mobile phones. Based in Espoo, Finland, it was established in 2014 following the acquisition of Nokia's Devices and Services division by Microsoft in a deal valued at €5.4 billion, completed in April 2014. Nokia's then-CEO, Stephen Elop, joined Microsoft as president of its Devices division following the acquisition, the acquisition was part of Steve Ballmer's strategy to turn Microsoft into a "devices and services" company. Under a 10-year licensing agreement, Microsoft Mobile held rights to sell feature phones running the S30+ platform under the Nokia brand. Microsoft had established a major partnership with Nokia in 2011, in which the company produced smartphones using the Windows Phone platform, promoted Microsoft services on its feature phone products. Microsoft licensed Nokia Maps data for its own mapping services. While Nokia's resultant Lumia range had the largest market share out of all Windows Phone vendors, Nokia's overall market share was falling due to competition from other major vendors, resulting in a dire financial situation.
In September 2013, Microsoft announced its acquisition of Nokia's devices and services businesses, which closed with the formation of a Finnish subsidiary, Microsoft Mobile. On smartphones, the Nokia name was phased out in favour of Microsoft branding on future Lumia products. While the Lumia range continued to be successful with low- and mid-range devices targeting emerging markets, sales of both Microsoft-manufactured smartphones and feature phones began to see major declines, due to the rapidly-deflating market share of Windows Phone. In 2015, Microsoft took a US$7.8 billion write-down on the Nokia purchase, announced layoffs of 7,800 employees within Microsoft's phone business. In May 2016, Microsoft gutted its mobile business, selling the Nokia feature phone line and trademark rights to the Finnish startup HMD Global, announcing that it planned to cut up to 1,350 positions in Finland and focus on offering its productivity services on competing mobile platforms. In 2017, Microsoft executive Joe Belfiore revealed that Microsoft had ceased the development of new Windows phones or new features for Windows 10 Mobile, citing the losses in market share and lack of app development.
With the acquisition of Nokia's devices and services division, Microsoft re-entered the smartphone market. In Microsoft's previous attempt, Microsoft Kin, a result of the acquisition of Danger, Inc. had been poorly received. In February 2011, Nokia CEO Stephen Elop and Microsoft CEO Steve Ballmer jointly announced a major business partnership between the two companies, which would see Nokia adopt Windows Phone as the primary platform for its future smartphones, replacing both Symbian and MeeGo; the deal included the use of Bing as the search engine on Nokia devices, the integration of Nokia Maps into Microsoft's own mapping services. Nokia announced that it would still release one device running the MeeGo platform in 2011, but that it would devote fewer resources to future development of the platform, would phase out Symbian entirely. Aligning with Microsoft had been considered a possibility by analysts, due to Elop's prior employment with the company; as Nokia was the largest mobile phone and smartphone manufacturer worldwide at the time, it was suggested the alliance would help Windows Phone, but from the beginning of 2011, until 2013, Nokia fell from #1 to #10 in smartphone sales.
In June 2011, Nokia was overtaken by Apple as the world's biggest smartphone maker by volume. In Q2 2011, amid falling sales, Nokia posted a loss of €368 million, after having realized a profit of €227 million in Q2 2010. In September 2011, Nokia announced it would cut another 3,500 jobs worldwide, including the closure of its Cluj factory in Romania, after having cut as many as 7,000 the previous April. In August 2011 Chris Weber, head of Nokia's subsidiary in the U. S. stated that "The reality is if we are not successful with Windows Phone, it doesn't matter what we do. He further added, North America is a priority for Nokia. On 26 October 2011, Nokia unveiled its first Windows Phone 7-based devices, the high-end Lumia 800 and the mid-range Lumia 710, at its Nokia World conference. After this announcement, Nokia's share price fell about 14%, its biggest drop since July 2009. Nokia's smartphone sales, increasing, collapsed. Nokia reported sales "well above 1 million" of its Lumia line in 2011, 2 million sales for the first quarter of 2012, 4 million for the second quarter of 2012, when Nokia sold only 600,000 smartphones in North America.
By comparison, Nokia had sold more than 30 million Symbian devices worldwide in Q4 2010 and the Nokia N8 alone had sold 4 million in its first quarter. In Q2 2012, 26 million iPhones and 105 million Android phones shipped, compared to only 6.8 million devices with Symbian and 5.4 million with Windows Phone. In announcing an alliance with Groupon, Elop declared, "The competition... is not with other device manufacturers, it's with Google." In June 2012, Nokia chairman Risto Siilasmaa told journalists that Nokia had a contingency plan in the event that Windows Phone failed, but did not specify what it was. On 8 February 2012, Nokia announced 4,000 layoffs at smartphone manufacturing plants in Europe by the end of 2012, to move assembly closer to component suppliers in Asia. On 14 June 2012, Nokia announced 10,000 layoffs globally by the end of 2013 and that it would shut production and research sites in Finland and Canada, in line with continuing losses and the stock price falling to its lowest point since 1996.
Twitter is an American online news and social networking service on which users post and interact with messages known as "tweets". Tweets were restricted to 140 characters, but on November 7, 2017, this limit was doubled for all languages except Chinese and Korean. Registered users can post and retweet tweets, but unregistered users can only read them. Users access Twitter through its website interface, through Short Message Service or its mobile-device application software. Twitter, Inc. is based in San Francisco and has more than 25 offices around the world. Twitter was created in March 2006 by Jack Dorsey, Noah Glass, Biz Stone, Evan Williams and launched in July of that year; the service gained worldwide popularity. In 2012, more than 100 million users posted 340 million tweets a day, the service handled an average of 1.6 billion search queries per day. In 2013, it was one of the ten most-visited websites and has been described as "the SMS of the Internet"; as of 2018, Twitter had more than 321 million monthly active users.
Since 2015 Twitter has been a hotbed of debates and news covering politics of the United States. During the 2016 U. S. presidential election, Twitter was the largest source of breaking news on the day, with 40 million election-related tweets sent by 10:00 p.m. that day. It was a source of information on Brett Kavanaugh's Supreme Court nomination and the 2018 United States midterm elections. Twitter's origins lie in a "daylong brainstorming session" held by board members of the podcasting company Odeo. Jack Dorsey an undergraduate student at New York University, introduced the idea of an individual using an SMS service to communicate with a small group; the original project code name for the service was twttr, an idea that Williams ascribed to Noah Glass, inspired by Flickr and the five-character length of American SMS short codes. The decision was partly due to the fact that the domain twitter.com was in use, it was six months after the launch of twttr that the crew purchased the domain and changed the name of the service to Twitter.
The developers considered "10958" as a short code, but changed it to "40404" for "ease of use and memorability". Work on the project started on March 21, 2006, when Dorsey published the first Twitter message at 9:50 p.m. Pacific Standard Time: "just setting up my twttr". Dorsey has explained the origin of the "Twitter" title:...we came across the word'twitter', it was just perfect. The definition was'a short burst of inconsequential information,' and'chirps from birds', and that's what the product was. The first Twitter prototype, developed by Dorsey and contractor Florian Weber, was used as an internal service for Odeo employees and the full version was introduced publicly on July 15, 2006. In October 2006, Biz Stone, Evan Williams and other members of Odeo formed Obvious Corporation and acquired Odeo, together with its assets — including Odeo.com and Twitter.com — from the investors and shareholders. Williams fired Glass, silent about his part in Twitter's startup until 2011. Twitter spun off into its own company in April 2007.
Williams provided insight into the ambiguity that defined this early period in a 2013 interview: With Twitter, it wasn't clear what it was. They called it a social network, they called it microblogging, but it was hard to define, because it didn't replace anything. There was this path of discovery with something like that, where over time you figure out what it is. Twitter changed from what we thought it was in the beginning, which we described as status updates and a social utility, it is that, in part, but the insight we came to was Twitter was more of an information network than it is a social network. The tipping point for Twitter's popularity was the 2007 South by Southwest Interactive conference. During the event, Twitter usage increased from 20,000 tweets per day to 60,000. "The Twitter people cleverly placed two 60-inch plasma screens in the conference hallways streaming Twitter messages," remarked Newsweek's Steven Levy. "Hundreds of conference-goers kept tabs on each other via constant twitters.
Panelists and speakers mentioned the service, the bloggers in attendance touted it." Reaction at the conference was positive. Blogger Scott Beale said. Social software researcher danah boyd said. Twitter staff received the festival's Web Award prize with the remark "we'd like to thank you in 140 characters or less, and we just did!"The first unassisted off-Earth Twitter message was posted from the International Space Station by NASA astronaut T. J. Creamer on January 22, 2010. By late November 2010, an average of a dozen updates per day were posted on the astronauts' communal account, @NASA_Astronauts. NASA has hosted over 25 "tweetups", events that provide guests with VIP access to NASA facilities and speakers with the goal of leveraging participants' social networks to further the outreach goals of NASA. In August 2010, the company appointed Adam Bain from News Corp.'s Fox Audience Network as president of revenue. The company experienced rapid initial growth, it had 400,000 tweets posted per quarter in 2007.
This grew to 100 million tweets posted per quarter in 2008. In February 2010, Twitter users were sending 50 million tweets per day. By March 2010, the company recorded over 70,000 registered applications; as of June 2010, about 65 million tweets were posted each day, equaling about 750 tweets sent each second, according to Twitter. As of March 2011, about 140 million tweets posted daily; as noted on Compete.com, Twitter moved up to the third-highest-ranking social networking site
Samsung is a South Korean multinational conglomerate headquartered in Samsung Town, Seoul. It comprises numerous affiliated businesses, most of them united under the Samsung brand, is the largest South Korean chaebol. Samsung was founded by Lee Byung-chul in 1938 as a trading company. Over the next three decades, the group diversified into areas including food processing, insurance and retail. Samsung entered the electronics industry in the late 1960s and the construction and shipbuilding industries in the mid-1970s. Following Lee's death in 1987, Samsung was separated into four business groups – Samsung Group, Shinsegae Group, CJ Group and Hansol Group. Since 1990, Samsung has globalised its activities and electronics; as of 2017, Samsung has the 6th highest global brand value. Notable Samsung industrial affiliates include Samsung Electronics, Samsung Heavy Industries, Samsung Engineering and Samsung C&T. Other notable subsidiaries include Samsung Everland and Cheil Worldwide. Samsung has a powerful influence on South Korea's economic development, politics and culture and has been a major driving force behind the "Miracle on the Han River".
Its affiliate companies produce around a fifth of South Korea's total exports. Samsung's revenue was equal to 17% of South Korea's $1,082 billion GDP. According to Samsung's founder, the meaning of the Korean hanja word Samsung is "tri-star" or "three stars"; the word "three" represents something "big and powerful". In 1938, Lee Byung-chul of a large landowning family in the Uiryeong county moved to nearby Daegu city and founded Samsung Sanghoe. Samsung started out as a small trading company with forty employees located in Su-dong, it dealt in locally-grown groceries and noodles. The company prospered and Lee moved its head office to Seoul in 1947; when the Korean War broke out, he was forced to leave Seoul. He started a sugar refinery in Busan named Cheil Jedang. In 1954, Lee built the plant in Chimsan-dong, Daegu, it was the largest woollen mill in the country. Samsung diversified into many different areas. Lee sought to establish Samsung as leader in a wide range of industries. Samsung moved into lines of business such as insurance and retail.
In 1947, Cho Hong-jai, the Hyosung group's founder, jointly invested in a new company called Samsung Mulsan Gongsa, or the Samsung Trading Corporation, with the Samsung's founder Lee Byung-chull. The trading firm grew to become the present-day Samsung C&T Corporation. After a few years and Lee separated due to differences in management style. Cho wanted a 30 equity share. Samsung Group was separated into Hyosung Group, Hankook Tire and other businesses. In the late 1960s, Samsung Group entered the electronics industry, it formed several electronics-related divisions, such as Samsung Electronics Devices, Samsung Electro-Mechanics, Samsung Corning and Samsung Semiconductor & Telecommunications, made the facility in Suwon. Its first product was a black-and-white television set. In 1980, Samsung acquired the Gumi-based Hanguk Jeonja Tongsin and entered telecommunications hardware, its early products were switchboards. The facility was developed into the telephone and fax manufacturing systems and became the center of Samsung's mobile phone manufacturing.
They have produced over 800 million mobile phones to date. The company grouped them together under Samsung Electronics in the 1980s. After Lee, the founder's death in 1987, Samsung Group was separated into four business groups—Samsung Group, Shinsegae Group, CJ Group and the Hansol Group. Shinsegae was part of Samsung Group, separated in the 1990s from the Samsung Group along with CJ Group, the Hansol Group. Today these separated groups are independent and they are not part of or connected to the Samsung Group. One Hansol Group representative said, "Only people ignorant of the laws governing the business world could believe something so absurd", adding, "When Hansol separated from the Samsung Group in 1991, it severed all payment guarantees and share-holding ties with Samsung affiliates." One Hansol Group source asserted, "Hansol, CJ have been under independent management since their respective separations from the Samsung Group". One Shinsegae department store executive director said, "Shinsegae has no payment guarantees associated with the Samsung Group".
In 1980s, Samsung Electronics began to invest in research and development, investments that were pivotal in pushing the company to the forefront of the global electronics industry. In 1982, it built a television assembly plant in Portugal; as of 2012, Samsung has invested more than US$13,000,000,000 in the Austin facility, which operates under the name Samsung Austin Semiconductor. This makes the Austin location the largest foreign investment in Texas and
HTC Corporation is a Taiwanese consumer electronics company headquartered in Xindian District, New Taipei City, Taiwan. Founded in 1997, HTC began as an original design manufacturer and original equipment manufacturer and manufacturing laptop computers. After making smartphones based on Windows Mobile, HTC became a co-founding member of the Open Handset Alliance, a group of handset manufacturers and mobile network operators dedicated to the development of the Android mobile operating system; the HTC Dream, marketed by T-Mobile in many countries as the T-Mobile G1, was the first phone on the market to run Android. Although successful as a smartphone vendor, competition from Apple Inc. and Samsung Electronics among others diluted its market share, reaching only 7.2% by April 2015, the company has experienced consecutive net losses. In 2016, HTC began to diversify its business beyond smartphones, having partnered with Valve to produce a virtual reality platform known as HTC Vive. After having collaborated with the company on its Pixel smartphone, HTC sold half of its design and research talent, as well as non-exclusive rights to smartphone-related IP, to Google in 2017 for US$1.1 billion.
Cher Wang and H. T. Cho founded HTC in 1997. A manufacturer of notebook computers, HTC began designing some of the world's first touch and wireless hand-held devices in 1998. HTC started making smartphones starting from 2004 under the Qtek brand. In 2006 the range was rebranded as HTC with the launch of the HTC TyTN. In 2007, HTC acquired the mobile device company Dopod International. In 2008, HTC unveiled the first GSM mobile phone to support WiMAX networks. HTC joined Google's Open Handset Alliance and developed and released the first device powered by Android OS in 2008, the HTC Dream. In November 2009 HTC released the HTC HD2, the first Windows Mobile device with a capacitive touchscreen; the same year, HTC Sense debuted as a user interface which continues to be used as of 2018. In July 2010, HTC announced it would begin selling HTC-branded smartphones in China in a partnership with China Mobile. In October 2010, HTC launched the brand tagline "quietly brilliant"', the YOU campaign, HTC's first global advertising campaign.
The same month, the HTC HD7 was released as one of the launch models of Microsoft's revitalised Windows Phone. In 2010, HTC sold over 24.6 million handsets, up 111% over 2009. In 2011, HTC started working with Luxgen. Luxgen vehicles are engineered to'Think Ahead' for their drivers. Armed with advanced technology designed by Taiwan's global smart phone leader HTC, Luxgen vehicles are equipped with a suite of advanced features to preempt road conditions and potential hazards. All Luxgen vehicles feature a state of the art onboard computer system, dubbed the'Think+', for the first time combines HTC smart technology and Windows CE Automotive interface. At the Mobile World Congress in February 2011, the GSM Association named HTC the "Device Manufacturer of the Year" in its Global Mobile Awards. In April 2011, HTC surpassed Nokia as the third-largest smartphone manufacturer by market share, behind Apple and Samsung. On 6 July 2011, it was announced. On 6 August 2011, HTC acquired Dashwire for $18.5M.
In August 2011, HTC confirmed a plan for a strategic partnership with Beats Electronics involving acquiring 51 percent of the company. The 2011 Best Global Brands rankings released by Interbrand, listed HTC at #98 and valued it at $3.6 billion. Based on researcher Canalys, in Q3 2011 HTC Corporation became the largest smartphone vendor in the U. S. with 24 percent market share, ahead of Samsung's 21 percent, Apple's 20 percent and BlackBerry's 9 percent. HTC Corporation made different models for each operator. During early 2012, HTC lost much of this U. S. market share due to increased competition from Samsung. According to analyst firm comScore, HTC only accounted for 9.3% of the United States smartphone market as of February 2013. In light of the company's decrease in prominence, Chief Executive Peter Chou had informed executives that he would step down if the company's newest flagship phone, the 2013 HTC One, had failed to generate impressive sales results. HTC's first quarter results for 2013 showed its year-over-year profit drop by 98.1%, making it the smallest-ever profit for the company—the delay of the launch of the HTC One was cited as one of the factors.
In June 2012, HTC moved its headquarters from Taoyuan City to New Taipei City. On 14 January 2013, HTC launched its smartphones in Burma; the HTC One was released in mid-2013 and, subsequently won various industry awards in the best smartphone and best design categories, but global sales of the HTC One were lower than those for Samsung's Galaxy S4 flagship handset and HTC recorded its first quarterly loss in early October 2013: a deficit of just under NT$3 billion. Marketing problems were identified by HTC as the primary reason for its comparative performance, a factor, cited by the company. During 2013, Microsoft were in negotiations to purchase HTC; this was only revealed in 2018 by Risto Siilasmaa, chairman of Nokia, in an interview with the Helsingin Sanomat. Microsoft would purchase Nokia's mobile phone business that year. In August 2013, HTC debuted a new "Here's To Change" global marketing campaign featuring actor Robert Downey, Jr. who signed a two-year contract to be HTC's new "Instigator of Change.".
On 27 September 2013, HTC announced that it would sell back its stake in Beats