Pronounced "cross-point", this is a new class of memory that can be used both as RAM and storage.
The tech giant continued to benefit from booming iPhone sales during the June period, but it didn't sell as many as analysts had expected.
Chinese vendor Alcatel OneTouch wants to redefine the term so it doesn't just refer to premium products like Apple's iPhone.
The company had previously said it would lose $1.4 billion in its fiscal year ended March 31, but it has now revised that number down to 126 billion yen.
After two quarters as the leader of the pack, Apple has dropped to third place in the world's largest smartphone market, says research firm Canalys.
You've not seen a weather forecast like this.
The Korean company reported its seventh straight profit decline in the second quarter and will cut pricing for the Galaxy S6 to attract more buyers.
The carrier continues its torrid pace of subscriber growth amid stiff competition in the wireless business.
More layoffs announced for mobile division, seen by Sony leadership as a key to the company's turnaround efforts.
Samsung is just the latest smartphone vendor to offer bad news as demand slows around the world.