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Tag: q4
LG grows smartphone shipments 18% in Q4
2015-01-29 08:29:00| Telecompaper Headlines
(Telecompaper) LG Electronics announced a net loss of KRW 205.7 billion (USD 189.4 million) for the fourth quarter, hurt by a write-off for the closure of its plasma TV operations. Operating profit was still up 28 percent year-on-year to KRW 275.1 billion, and revenues rose 4.9 percent to KRW 15.27 trillion, driven by strong growth in smartphone shipments. The mobile division recorded sales up 5 percent year-on-year to KRW 3.78 trillion, and smartphone shipments rose 18 percent to 15.6 million. Shipments to North America jumped 78 percent year-on-year, while LG's home market Korea was weaker due to reforms in handset subsidy regulations. LG's operating margin fell to 1.8 percent compared to 3.9 percent in Q3 due to the weak Korean market, lower ASPs due to intense competition and unfavourable currency movements. Compared to a year earlier, the mobile operating result improved to a profit of KRW 67.4 billion from a loss of KRW 43.4 billion. The company expects the smartphone market to continue to grow, but competition to gain market share in all regions will also intensify, with strong product line-ups from global players. LG said it will focus on improving profitability, led by a focus on premium models and concentrating on more selective markets.
Tags: grows
smartphone
shipments
q4
Samsung net profit falls 26.7% in Q4
2015-01-29 08:15:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics reported a fall in fourth-quarter net profit to KRW 5.35 trillion from KRW 7.30 trillion a year earlier. Operating profit dropped to KRW 5.29 trillion from KRW 8.31 trillion, and revenues declined to KRW 52.73 trillion from KRW 59.28 trillion a year ago. Despite the weaker results, Samsung raised its final dividend to KRW 19,500 per share from KRW 13,800 a year earlier. The lower results were due to a sharp fall in sales at its mobile phone business, where quarterly revenues were down 23 percent year-on-year to KRW 25.02 trillion. Operating profit at the communications division fell to KRW 1.96 trillion from KRW 5.47 trillion a year ago. Samsung reported a small decline in its smartphone shipments compared to the third quarter, while its average selling price and profitability improved over the same period thanks to a higher share of high-end phones like the Note 4. Tablet shipments were up compared to Q3, and Samsung also increased revenues from network equipment. The company expects a weaker phone and tablet market in Q1 due to lower seasonal demand. Samsung itself will try to improve earnings and grow smartphone shipments, helped by new models in the A series.
Tags: net
samsung
falls
profit
Facebook revenues grow by 49% in Q4
2015-01-29 08:00:00| Telecompaper Headlines
(Telecompaper) Facebook reported fourth-quarter revenues rose 49 percent to USD 3.85 billion from USD 2.59 billion the prior year. Revenue from advertising was USD 3.59 billion, up 53 percent, and mobile represented approximately 69 percent of advertising revenues, up from 53 percent a year ago. Payments and other fees revenue rose 7 percent to USD 257 million. Operating profit was unchnaged year-on-year at USD 1.133 billion, and net income grew to USD 701 million or USD 0.25 per share, from USD 523 million or USD 0.20 per share a year earlier. After free cash flow of USD 1.07 billion in the quarter, Facebook finished the year with cash of USD 11.20 billion. Daily active users (DAUs) for December 2014 increased 18 percent to 890 million on average, and mobile DAUs were up 34 percent to 745 million. Monthly active users (MAUs) rose 13 percent to 1.39 billion in December, and mobile MAUs increased 26 percent to 1.19 billion.
Tags: in
grow
revenues
facebook
TeliaSonera sees flat earnings in 2015 as Q4 disappoints
2015-01-29 01:00:00| Total Telecom industry news
Operator highlights weakness at Eurasia operations, hints at further involvement in European consolidation.
Ericsson Feels US Capex Squeeze in Q4
2015-01-27 13:29:03| Appliances - Topix.net
Ericsson's global scale helped it cushion the blow of an ongoing capex squeeze in North America, its largest geographic market by sales, in the fourth quarter and full year 2014. While US operators spent less on their networks -- focusing investments instead on bidding for additional spectrum and participating in industry consolidation -- mobile broadband investments in much of Europe, the Middle East and pockets of Asia-Pacific helped Ericsson AB report revenues for the fourth quarter and full year that were roughly in line with a year earlier.
Tags: ericsson
feels
squeeze
q4
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