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Tablet shipments slow in Q2 to 45.1 mln units - IDC
2013-08-06 09:01:00| Telecompaper Headlines
(Telecompaper) Worldwide tablet shipments totaled 45.1 million units in the second quarter, up 59.6 percent from a year earlier, but down 9.7 percent from the first quarter of this year, according to estimates from IDC. The sequential slowdown was due to no new iPad, with Apple shipping a less-than-expected 14.6 million units in the quarter, down from 19.5 million in Q1. Apple's market share fell to 32.4 percent from 60.3 percent a year ago. Samsung's shipments also slowed, to 8.1 million from 8.6 million in the first three months of the year, giving it 18.0 percent of the market. Asus shipped 2.0 million tablets in Q2, versus 2.6 million in Q1, giving it a 4.5 percent market share. Lenovo passed a million tablets for the first time, shipping in total 1.5 million in Q2, giving it a market share of 3.3 percent. Acer followed with 1.4 million tablets or 3.1 percent of the market. Android was the leading operating system in the quarter, accounting for 62.6 percent of tablets shipped, followed by Apple's iOS with 32.5 percent and Windows with 4.5 percent.
iiNet buys Adam Internet for AUD 60 mln
2013-08-05 02:11:00| Telecompaper Headlines
(Telecompaper) Australian ISP iiNet will acquire South Australian ISP Adam Internet for AUD 60 million. Rival Telstra earlier tried to acquire Adam Internet but the company could not satisfy the requirements of the Australian Competition and Consumer Commission (ACCC) before the deal expired at end-June this year. Adam Internet has around 70,000 broadband subscribers and revenues in FY 2014 are expected at AUD 55.0 million and EBITDA at AUD 11.5 million. The completion of the acquisition is expected by 31 August as the ACCC has already cleared the transaction.
Zain subscribers up 7% to 44.4 mln
2013-07-29 11:07:00| Telecompaper Headlines
(Telecompaper) Zain Group added 3 million new active customers over the past twelve months to serve 44.4 million as of 30 June, reflecting a 7 percent growth rate. For the first six months of 2013, the Middle East mobile operator's revenues reached USD 2.12 billion, EBITDA totaled USD 935 million, and the EBITDA margin was 43.3 percent. Net income reached USD 397 million or USD 0.10 per share. The group said adverse currency effects predominantly in Sudan cost the company the equivalent of USD 347 million in revenues, USD 150 million in EBITDA and USD 80 million in net profit for the six-month period. Group data revenues (excluding SMS and VAS) saw healthy 19 percent growth, with data now 13 percent of all Zain's revenues.
Tags: subscribers
mln
zain
Inventure closes $7.2 mln financing round for industrial sugar plant
2013-07-25 08:45:36| Sugar Industry News
Inventure International Ltd. closed a $7.2 mln round of financing that the company will use to establish a plant for the conversion of biomass into mixed industrial sugars, using a patented process called Mixed Super Critical Fluid (MSCF).
Tags: industrial
round
plant
sugar
LG ships record 12.1 mln smartphones in Q2
2013-07-24 08:59:00| Telecompaper Headlines
(Telecompaper) LG Electronics reported a 10 percent rise in sales in the second quarter, led by strong shipments of its mobile phones. Revenues were up 10.1 percent year-on-year to KRW 15.23 trillion (USD 13.58 billion), and the mobile division grew sales 34.5 percent to KRW 3.12 trillion. LG shipped a record 12.1 million smartphones in the quarter, more than double the year earlier and up 17 percent from Q1 and also reported increased sales of mass market devices, including its L and F series phones. Operating profit at the mobile division improved to KRW 61 billion from a loss of KRW 28 billion a year ago, but was down versus Q1 on weaker demand in Korea and lower average selling prices due to competition and higher marketing costs. Group operating profit fell to KRW 479 billion from KRW 527 billion a year earlier due to the weak TV market. Net profit fell to KRW 156 billion from KRW 169 billion, but was up compared to Q1. For the current quarter, LG said it expects continued growth from mass-market and LTE phones, while its new high-end devices such as the G Pro and G2 should strengthen its position in the premium segment.
Tags: record
ships
smartphones
q2
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