Morgan The numbers are in, and it's time to make sense of the data. ABI Research's Michael Morgan checks out the world's 14 largest branded cell phone makers in the third...
Samsung Electronics remains confident the smartphone market will continue to grow, especially at the high end of devices with LTE Advances capabilities. However, the company, which is the world leader by volume in handset and smartphone shipments, acknowledged that it could do better in software and also signaled that it is open to a wider array of acquisitions.
The global smartphone market has calcified at the top, with Samsung Electronics and Apple continuing to lead the field by large margins, according to the latest reports from research firms Strategy Analytics and IDC. The fight is over which companies can clamor over each other to get to the No. 3 spot--and in the third quarter analysts concluded it was Chinese vendor Huawei.
Samsung Electronics reported another record quarterly profit in the third quarter and bounding growth in its handset business, but the behemoth warned that competition will intensify in the smartphone market in the fourth quarter as analysts ponder whether its growth may be slowing.
The African smartphone market is set to double in volume over the next four years and account for close to one third of all handset shipments to the continent by 2017, according to a new report from research firm IDC.
LG Electronics reported its first operating loss at its mobile unit in a year as intense competition and higher marketing costs for the company's flagship G2 smartphone ate into its earnings in the third quarter.
HTC is considering outsourcing some of its handset manufacturing to outside contractors, according to multiple reports. Additionally, Reuters reported that HTC has halted at least one of its four main manufacturing lines, which accounts for at least a fifth of total capacity, as it looks to improve its cash flow amid declining sales.
Sprint parent SoftBank said it agreed to take a 57 percent stake in U.S. wireless device distributor Brightstar Corp. for $1.26 billion, in a deal that values the privately held company at $2.2 billion.
Sprint parent SoftBank is continuing its buying streak, and it indicated Wednesday that it is in talks to take a stake in U.S. wireless device distributor Brightstar Corp.
Shipments of LTE-enabled handsets are expected to reach around 220 million units in 2013, or 12 per cent of total smartphone shipments, according to a new report from CCS Insight. Of these LTE phones, 93 per cent will be sold in Western Europe, North America and developed markets in Asia-Pacific.