Motorola's woes continue. The company posted a3.6 billion net loss in the fourth quarter, as sales in the handset division dropped 51 percent. This followed the company's decision to cut 4,00 jobs, 3,
Read more >>Sony Ericsson has been on uneven ground for some time, and finds itself in a precarious position now. The company posted a247 million loss in the fourth quarter, down from a profit of495 million in the year-ago
Read more >>Though LG posted its first quarterly loss since 2007, it shipped more than 100 million units in 2008, giving added clout to the Korean company. LG said it would tighten capital spending in 2009. The company
Read more >>Samsung, the world's No. 2 handset maker by volume, is in a relatively strong position, even though the company posted its first quarterly loss in the fourth quarter. Samsung has said it will produce Andro
Read more >>The fourth quarter was clearly a rough one for the top five handset vendors. Nokia saw a sharp drop in profit; Samsung posted its first quarterly net loss; LG, despite shipping 100 million units in 2008, posted
Read more >>Defying an expected 10.7% decline in global handset shipments, China's domestic wireless handset market is set to maintain its growth in 2009, with a 7.7% increase for the year, according to iSuppli.
Read more >>Nokia, in announcing its weak fourth quarter earnings Thursday, said that in the last 30 days of the quarter it had sold 500,000 units of its 5800 XpressMusic smartphone, formerly known as the Tube. The phone w
Read more >>Samsung Electronics posted a quarterly loss in the fourth quarter--the first quarterly loss since it started reporting quarterly earnings in 2000. A drop in demand amid the recession hit Samsu
Read more >>LG Electronics posted its first net quarterly loss since 2007, but the company's handset division was a bright spot on the company's balance sheets as it shipped 25.7 million phones in the fourth quar
Read more >>Qualcomm and LT Mobile Communication have entered into a CDMA subscriber unit licensing agreement. Under the terms of the royalty bearing agreement, Qualcomm has granted LT Mobile a worldwide patent license to
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