Californian gadget shop Apple steamed into second place in the smartphone market during the third quarter, knocking RIM off its perch, and creeping up on Nokia. During the three month period to the end of September, global shipments of smart phones hit a new peak of just under 40 million units, representing around 13 per [...]
German manufacturing firm Siemens said Wednesday it has set aside a provision of Eur1bn in fiscal 2008 as settlements in ongoing corruption investigations against the company. In an announcement the firm said, “This current estimate is based on the status of ongoing discussions being held between the company and authorities in Germany and the US.” [...]
Monster telecoms vendor Alcatel-Lucent appeared to be in better shape Thursday, shrinking its third quarter net loss to Eur38m, compared to a loss of Eur318m in the same period last year. Revenues dropped 6.6 per cent to Eur4bn, compared to Eur4.3bn last year, as carrier equipment sales fell. The company’s Carrier division reported revenues down [...]
Motorola’s tendency to report bad news continued Thursday, as the company’s third quarter results wiped out the little ray of sunshine earned by a surprise second quarter profit. Net loss for the third quarter plummeted to $397m, compared to a profit of $60m in the same period last year and completely blotting out the hope offered [...]
Speaking at Motorola’s third quarter financials presentation on Thursday afternoon, co-CEO, Sanjay Jha, revealed the ailing company’s handset plans to be a long term game. At present, Moto’s handset business is a rat’s nest of platforms. The company has over 20 different combinations of operating system, silicon and user interface (UI), and Jha’s job is [...]
Japanese electronics manufacturer Kyocera is the latest vendor to sign up to Google’s mobile device platform, Android. On Tuesday, the vendor revealed it was planning a portfolio of CDMA-based Android devices, tapping software company Wind River Systems to help with the integration of the Open Handset Alliance’s (OHA) platform. Wind River will provide software systems [...]
Californian kit maker Apple laid into BlackBerry vendor Research In Motion (RIM) late Tuesday, with head honcho Steve Jobs bragging to analysts that he had sold more handsets than the Canadian firm. As Apple’s financial results were posted, Jobs said that in the quarter to the end of September – the first period in which [...]
The firm that made its name selling mobile email into the enterprise sector is moving into the consumer space, proving necessity really is the mother of invention. With the BlackBerry, Canadian smartphone manufacturer Research In Motion (RIM) managed a rare feat: The creation a brand so strong that widespread consumer awareness of the product and [...]
Japanese operator NTT DoCoMo had teamed up with electronics manufacturers Fujitsu and Sharp and semiconductor firm Renesas Technology to co develop and HSUPA platform. DoCoMo said the SH-Mobile G4 single chip LSI device, will support HSUPA1/HSDPA2/WCDMA and GSM/GPRS/EDGE. The technology is due for completion by the first quarter of 2010. The SH-Mobile G4 will be [...]
Swedish vendor Ericsson is keeping its head above water amid the financial turmoil, reporting stronger than expected earnings on Monday. For the third quarter of 2008, Ericsson recorded a net income of SEK2.8bn (Eur283m). This figure was down 28 per cent on the SEK4bn reported for the same period in 2007, but was still a [...]
As Ben Verwaayen takes over at Alcatel Lucent, some observers are not sure how much of an advantage this will give the firm. There are clearly high hopes that the new Alcatel Lucent CEO Ben Verwaayen can end the so-called “cultural differences” that have beset the less than convincingly merged company. Even as his appointment [...]
Despite the economic turbulence, handset vendor Sony Ericsson managed to turn in a smaller than expected third quarter loss. At Eur25m the company’s quarterly loss compared to a profit of Eur267m in the same period last year, and follows a second quarter slide which sparked a Eur300m cost saving exercise. Third quarter sales hit Eur2.8bn, [...]
Despite reporting a hefty slide in third quarter profits, Nokia, the world’s biggest handset vendor, avoided spooking the market with any mention of the effects of the prevailing economic crisis. Net profit for the quarter slipped to Eur1.09bn from Eur1.56bn in the same period last year, while net sales fell 5 per cent to Eur12.2bn. [...]
Canadian BlackBerry manufacturer Research In Motion (RIM) and US software shop Microsoft were caught up in the industry rumour mill this week, with speculation circulating that the pair are about to get hitched. Naturally, both parties are keeping quiet on the rumours, which appear to have been started by a US analyst who commented Microsoft [...]
In a week of financial turmoil it will come as little surprise to learn that Chinese mega-vendor Huawei has decided to postpone the sale of a stake in its handset unit. Back in May, when the firm hired Morgan Stanley to organise the sale of a business worth an estimated $3.5bn, local reports claimed network [...]
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