Last week, three of Japan’s largest consumer electronics companies agreed to combine their mobile handset businesses in a stand-alone joint venture. The stated aim is to help the three companies – Casio, NEC and Hitachi – to make significant savings in production and marketing costs and to improve their positions in the cut-throat domestic market. The [...]
Posts Tagged ‘Sony Ericsson’
By now, most of the major mobile handset manufacturers have announced results for Q209 and, bar any unforeseen developments at late reporters such as ZTE, these results were a little better than I’d been expecting. Nevertheless, with approximately 269 million devices shipping in the quarter just gone, this performance is still around 9% down on [...]
We knew it would get worse before it starts to get better, but the first-quarter results that deluged the industry this week pretty much confirmed earlier warnings from industry-leaders such as Nokia and Samsung that the handset market could contract by 10% or more this year. The worst of the pain should already be over, though, with [...]
It says something about the robustness of Nokia that, when the Finnish company unveiled a 90%-plus dip in profits for the first quarter of 2009, shareholders and analysts alike all breathed a collective sigh of relief that the results hadn’t been worse. Plus, with CEO Olli-Pekka Kallasvuo expecting that the next quarter will see a stabilisation [...]
Canada-based smartphone-maker Research In Motion (RIM) has unveiled its fourth quarter and year-end results for fiscal 2008 (year ending February 28, 2009), wherein it has achieved a much better than expected performance in terms of revenue and customer growth. The earlier news from semiconductor maker Texas Instruments that demand for components is beginning to recover has prompted a [...]
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