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Micromax tops Indian smartphone market, ousts Samsung

2015-02-04 09:06:00| Telecompaper Headlines

(Telecompaper) Micromax has become the first domestic vendor to take the top spot in the Indian smart phone market, the third largest in the world, according to a report from Canalys. Micromax holds a 22 percent share of India's total smartphone market, ahead of Samsung at 20 percent. Overall, the Indian market saw very strong annual growth of 90 percent, with 21.6 million units shipping in the fourth quarter. The top four players in the fourth quarter 2014 in India by units shipped were Micromax, Samsung, Karbonn and Lava.

Tags: market samsung indian tops

 

Sony plans more job cuts as smartphone sales shrink

2015-02-04 08:57:00| Telecompaper Headlines

(Telecompaper) Sony announced plans to cut another 2,100 jobs at its mobile phone business by March 2016, in order to return the activities to profit. In the past year, the company already reduced headcount by 15 percent at the mobile division. The additional restructuring is expected to cost JPY 30 billion and lead to JPY 90 billion in cost savings by the fiscal year ending March 2017. For the current year to 31 March, Sony forecast an operating loss of JPY 215 billion on sales of JPY 1.32 trillion for the mobile division. The downgrade from its previousl outlook reflects lower smartphoe unit sales, mainly in Asia, and foreign exchange effects. It will also take a JPY 176 billion impairment charge on the activities. In the coming years, sales are expected to shrink to JPY 900 billion to JPY 1.1 trillion in the year to March 2018 and the operatign margin improve to a positive 3-5 percent. In the latest quarter to 31 December, Sony reported sales up 28.7 percent to JPY 429.0 billion, and operating profit improved to JPY 9.3 billion from JPY 6.3 billion a year ago. The results were helped by exchange rate effects as well as an increase in smartphone sales to 11.9 million units from 10.7 million in the year-earlier period. For the full year to March, Sony downgraded its forecast for unit sales to 39.2 million, flat compared to the previous year, from an estimate of 41.0 million in October.

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Apple outgunned Android in U.S. smartphone market in Q4

2015-02-04 01:00:00| Total Telecom industry news

Apple iOS exceeded Android in terms of U.S. market share for the first time since 2012, says Kantar.

Tags: market apple smartphone q4

 

10 alternative carriers that can save you serious cash on your smartphone bill

2015-02-02 18:24:17| Wireless - Topix.net

When it comes time to choose a wireless carrier, most Americans just go with AT&T, Sprint, or Verizon. Recently, more and more people have been tempted by T-Mobile's cost-slashing "Uncarrier" moves, but that's about where it ends: the four major carriers.

Tags: your save alternative bill

 

Samsung Smartphone Crown Slipping

2015-02-02 10:53:52| Electronics - Topix.net

It was more bad news for Samsung Electronics Co. Thursday as the worldwide smartphone leader posted a big drop in quarterly The South Korea-based electronics giant reported that year-to-year earnings from smartphones and other mobile gadgets had dropped 64 percent to $1.80 billion in the fourth quarter of 2014, contributing to the company's first annual earnings drop in three years.

Tags: samsung crown smartphone slipping

 

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