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HP snagged 20.1 percent of the notebook market worldwide in 2014, according to research firm TrendForce, but Lenovo is catching up fast.
The Chinese smartphone maker will begin selling its products in the US market in a few months, but only its lesser-known gadgets like headphones and its Mi Band wearable.
The phone maker says the jump in fourth-quarter revenue underscores the success of its plan to "offer tailored product mixes."
The move comes as the smartphone maker, which has been struggling to maintain its dominance, is getting set to introduce a new flagship device.
The cuts would reportedly be in addition to 1,000 jobs Sony already said it would eliminate in smartphone and tablet unit.
The device, which comes with a 5.7-inch HD display, will be available again on February 3, though it's unclear how many units the company sold today.
Worldwide, Samsung's market share drops from 32.5 percent in 2013 to 28 percent in 2014, while competitors, like Apple, maintain or gain ground.
Shipments of Chinese handsets for 2014 have totalled over 450 million, accounting for nearly 40 percent of the global total, set to exceed 50 percent by 2016.
Low production yields of the tough but pricey material means it won't surface on the next iPhone in time for a September launch, Trendforce analysts conclude.
Apple's engineers have had enough time to figure out how to eliminate the unwanted trade-offs in having a larger screen, and there's plenty of market demand to go bigger.