Tech Giants Descend on Barcelona for Mobile Parade
Embracing Big Screens
South Korean manufacturer Samsung's much-hyped S4 smartphone won't be making an appearance at this year's event, with the group deciding to launch the phone at its own event. Rumors persist that new tablets will take center stage instead, with a Galaxy Tab 3 and Galaxy Note 8.0 set to be revealed.
Galaxy's S3 smartphone has fought toe to toe with Apple's iPhone. In terms of sales Samsung have claimed top spot, according to research firm Gartner, with 22 percent of the market share for 2012, above both Nokia and Apple.
Sony may have other things on its mind, with the tech giant releasing the PlayStation 4 on Wednesday, which it hopes this could trigger a return to the glory days for the corporation. Stocks in Sony may was near $150 a share at the turn of the century but have since fallen 90 percent, with a current price of just above $14.
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The company has also been busy in the mobile space, recently unveiling the waterproof Xperia Z phone which is sure to attract attention in Spain. Industry blog Techkiddy says Sony is on the verge of giving a new Sony Xperia Tablet Z, rumored to have a 10 inch screen, an airing at the event. Sony could neither confirm nor deny the rumors to CNBC.
HP, Asus and Acer are also tipped to be on the cusp of releasing new tablets, while Chinese multinationals ZTE and Huawei are both widely rumored to be bringing new devices to show off in Spain. Intel will be displaying its new processor chip for smart phones at the event, and will be joined by Qualcomm and Nvidia.
Correction: An earlier version of this story incorrectly stated LG Group's mobile business profit for the last quarter as $50.9 billion. It should, in fact, be $50.6 million.