Samsung Electronics Co Ltd (KRX:005930) announced a new device called the Power Sharing Cable. The device lets users transmit energy from one Galaxy device to another. For example, the Galaxy S5 can charge the Galaxy Gear smartwatch.
Sony Electronics is expected to lose around 230 billion yen ($2.14 billion) in 2015, which is much higher than expected. The loss is primarily due to weaknesses in its mobile communications marketshare. The $2.14 billion loss is much larger than a July forecast of 50 billion yen ($470 million). Sony said it will deliver more stable profits by focusing on premium phones.
Amazon.com, Inc. (NASDAQ:AMZN) has dropped the price of the Fire smartphone from $199 to $0.99 with a two-year contract with AT&T. The Fire phone comes with a year of Amazon Prime. The Fire phone was launched on July 25th. Two of the unique features that the Fire phone has are Dynamic Perspective and Firefly. Dynamic Perspective responds to how the Fire phone is held and Firefly can scan over 100 million objects that can be found on Amazon.com.
Motorola has launched a new version of the Moto G device, which has a larger display and improved cameras. The Moto G is available today in the U.K. and U.S. Motorola does not put a custom user interface on the Moto G, which means that software updates are sent to users quicker. The Moto G runs on Android 4.4 KitKat. It can be upgraded to Android L when it is released.
Google is selling the Glass Explorer Edition on the Google Play store. The price is $1,500 with a choice of free frame or sunglass shade. Selling Google Glass through Google Play will make the wearable device widely available.
Nest, the smart thermostat unit of Google Inc (NASDAQ:GOOG), is launching its smart thermostat and smoke detector in several areas of Europe in late September.