Global mobile phone shipments during the fourth quarter of 2008 fell 10 per cent year over year, to reach 295 million units, marking the industry’s slowest growth rate since 2001. According to the latest research from industry analyst Strategy Analytics, three of the big five mobile phone vendors recorded negative annual growth rates during the [...]
As the credit crunch takes its toll on the mobile market, some analysts have suggested that global handset sales in the traditionally lucrative fourth quarter may actually be down sequentially on Q3 for 2008. So far, only two top vendors have reported their figures for the fourth quarter, with troubled Motorola posting a 25 per [...]
The arctic winds of the global credit crunch have yet to ease and some (in)firms clearly can’t afford their heating bills. Nortel became the first of the big names to scurry for shelter, filing for Chapter 11 bankruptcy protection on Wednesday. This is no surprise; the firm warned of such a development before Christmas and has been struggling for a number of years.
Troubled US vendor Motorola announced another 4,000 workforce reductions on Thursday, 3,000 of which will come from its mobile devices business. The other 1,000 positions are associated with corporate functions and other business units. Job cuts are expected to begin immediately and are incremental to the 3,000 reductions already announced during the fourth quarter of [...]
Showing off its green credentials this week, embattled telecoms vendor Motorola unveiled what it claims is the world’s first carbon neutral phone – made from recycled water bottles. The plastic housing of the Moto W233 Renew is made using plastics comprised of recycled water bottles and is 100% recyclable. Through an alliance with Carbonfund.org, Moto [...]
UIQ Technology, a mobile phone software company jointly owned by Motorola and Sony Ericsson, has filed for bankruptcy in a district court in Sweden. The outlook for UIQ, which focuses on developing an open user interface, has looked bleak ever since the Symbian Foundation was formed last year and Nokia, which now fully owns Symbian, [...]
Troubled US vendor Motorola tightened its belt yet further on Wednesday, announcing cost cutting measures over and above the $800m promised in savings in October. The company announced plans to permanently freeze its US pension plans, and temporarily suspend all company matching contributions to the Motorola 401(k) Plan. The majority of employees will not receive [...]
As the credit crunch hits global mobile phone sales hard, the battle for third place has turned into a three way fight between Sony Ericsson, Motorola and LG. Swedish-Japanese joint venture Sony Ericsson gained the edge in the third quarter, with 24.8 million devices shipped, giving it a market share of 8.1 per cent. But [...]
The world’s biggest handset vendors got together on Wednesday to launch a common energy rating system for mobile phone chargers, cluing consumers into the best, and worst performing models. The five star rating system was developed and is supported by Nokia, Samsung, Motorola, LG and Sony Ericsson, under an industry wide initiative to reduce the [...]
US mobile operator and WiMAX pioneer, Sprint, said it intends to rejuvenate its ageing iDEN network after failing to find a buyer for the unit. The carrier, which acquired the iDEN network along with Nextel in 2005, said it has extended its long term partnership with Motorola, the creator of the proprietary push to talk [...]