Nokia open to DAB phones, Unlocked G1 for Developers
Added on 2008-12-08 04:35:00
by Tanya Palta
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 Nokia open to DAB based phones, Unlocked G1 for developers, Acer smartphones to hit the shelves by early 2009 and more. Here is today's mobile round up.
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Nokia Email Gets Reviewed, Virgin Mobile’s Q2 Disappointing, Meet the RAZR VE20 and Much More
Added on 2008-08-14 02:13:00
by Tanya Palta
Today we give you the latest on Virgin Mobile’s Q2 performance, what Nokia has up its sleeve, the latest RAZR incarnation and a nifty little application for the iPhone which is absolutely free.
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Noka To Pay 1.3M Euros To German State
Added on 2008-07-29 04:45:00
by Tanya Palta
Nokia has agreed to pay a compensation of 1.3 million Euros to the German state of North Rhine-Westphalia, after closing their plant in the town of Bochum. A few months ago Nokia had announced that they would shift production from Bochum to Romania to cut costs.
[Via Yahoo]
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Samsung 2Q Results Show Profits
Added on 2008-07-25 11:50:00
by Tanya Palta
 Samsung Electronics also posted their second quarter results recently. The Korean giants reported a net income of 2.14 trillion won ($2.1 billion) up from 1.42 trillion won ($1.4 billion) a year ago. In another statement Samsung announced they sold 150 million phones in the US alone.
[Via Washington Post]
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LG Electronics 2Q Results Show Profits
Added on 2008-07-21 04:07:00
by Tanya Palta
 LG Electronics posted their second quarter’s results and their net income has climbed to 706.9 billion won from 384.6 billion won a year earlier. LG Electronics also rose to 4.1 percent to close at 113,500 won on the Korea Exchange.
[Via Bloomberg]
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Nokia's Profits Drop
Added on 2008-07-18 11:40:00
by Tanya Palta
Nokia admitted that their profits dropped this year when compared to last years performance. Nokia’s profit in 2008 was €1.10 billion, and €13.2 billion in 2007. That is almost a 61 percent drop.
"Looking at the rest of the year, we are optimistic and have had good feedback about the broad range of new products we expect to sell in our device business," said Olli-Pekka Kallasvuo, the chief executive of Nokia.
[Via IHT]
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Microsoft To Buy MobiComp
Added on 2008-06-27 12:06:00
by Tanya Palta
 Microsoft confirmed that they would be acquiring MobiComp, a Portuguese company dealing in mobile software. With this acquisition, Microsoft hopes to strengthen its hold on mobile data protection and sharing services.
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RIM Launch $150 Million Mobile App Fund
Added on 2008-05-13 04:52:00
by Tanya Palta
 RIM, RBC and Thomson Reuters announced a $150 million venture capital fund which would be open to all mobile platforms including mobile commerce, vertical and horizontal enterprise applications, communications, social networking etc. The Fund is to be co-managed by JLA Ventures and RBC Venture Partners.
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Virgin Mobile USA and Helio in merger talks?
Added on 2008-05-10 12:43:00
by Tanya Palta
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According to MocoNews, cell phone operators Virgin Mobile USA and Helio are contemplating merging their companies. SK Telecom, one of Helio's parent companies, would buy Virgin Mobile and in turn Virgin Mobile would purchase Helio in a sock transition. For now there is no official word but trade pundits do believe that this move doesn’t come much of surprise since both companies are not doing very well.
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Sony Ericsson Working on a New Technology
Added on 2008-05-01 04:53:00
by Tanya Palta
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 Sony Ericsson on Wednesday will announced a new technology which will combine Adobe's Flash Lite and Java ME into a single Java application said Ulf Wretling, director of Sony Ericsson Developer World. This means that both technologies can compensate for each others shortcomings.
"They can mix and match," said Wretling. "A Java application can utilize graphics and UI components both from Java and from Flash."
[Via Yahoo News]
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Water-Powered Cell Phones by Samsung
Added on 2008-04-22 03:30:00
by Tanya Palta
 Samsung Electro-Mechanics has developed a micro-fuel cell and hydrogen generator which would make it possible to power cellphones by water.
When the handset is turned on, metal and water in the phone react to produce hydrogen gas," explained Oh Yong-soo, vice president of Samsung Electro-Mechanics' research center. "The gas is then supplied to the fuel cell where it reacts with oxygen in the air to generate power." Other fuel cells need methanol to produce hydrogen, while Samsung's needs only water.
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Nokia's Revenues and Profits Up
Added on 2008-04-21 02:42:00
by Tanya Palta
Nokia unlike other ill-fated mobile companies is doing extremely well and reported a profit in their current quarter. $20 billion (EUR 12.7 billion) worth of sales have been reported by the company, which indicates a 28% gain when compared to last year’s results.
"Nokia had strong profitability in the first quarter, with both operating profit and EPS up significantly year on year, said Olli-Pekka Kallasvuo, Nokia CEO. "The overall device market developed as expected, with the greatest demand in emerging markets, where our position is very strong.
[Via Brighthand]
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Motorola to Split Into Two Companies in 2009
Added on 2008-03-27 11:27:00
by Tanya Palta
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Glu Mobile Updates Guidance to Include Recent Acquisition of Superscape
Added on 2008-03-25 04:16:00
by Tanya Palta
 Glu Mobile Inc. announced it has received valid acceptances representing approximately 92.97% of the issued share capital of Superscape Group plc (“Superscape”). Because Glu declared the tender offer unconditional in all respects on March 7, 2008, Superscape’s results will be consolidated into Glu’s financial results as of that date.
Greg Ballard, president and chief executive officer, Glu, commented, “We’re excited to be joining forces with Superscape, a pioneer in the mobile games industry. Superscape’s strong heritage in 3D technology, high-quality original titles and innovative white label programs complement our existing world-class operations. This acquisition is an important achievement in becoming the leading mobile games publisher in the world.”
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FCC Closes 700MHz Auction at $19.5B
Added on 2008-03-19 03:52:00
by Tanya Palta
 The FCC's 700MHz auction closed yesterday with bids totaling to a whopping $19.6 billion.What surprising is that the 700MHz auction surpassed the $19.1 billion combined total raised by the FCC in 68 other auctions over the last 15 years. FCC hasn’t disclosed the winners of the 1,099 licenses yet.
"The open platform will help foster innovation on the edge of the network, while creating more choices and greater freedom for consumers to use the wireless devices and applications of their choice," FCC Chairman Kevin Martin said in a statement. "A network more open to devices and applications can help ensure that the fruits of innovation on the edges of the network swiftly pass into the hands of consumers."
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LiveWire Acquires Groove Mobile
Added on 2008-03-18 11:24:00
by Tanya Palta
 LiveWire has acquired Groove Mobile for $14.5 million. For the uninitiated Groove Mobile is a music service for mobile operators like Sprint that provides them over-the-air music download services.
"The big idea is we can now deliver a full suite of personalization services - ringtones, audio and video downloads," and ringback tones, said Joel Hughes, president of LiveWire Mobile. "If you love U2, you want to buy a bundle of music, ringtones, ringback tones, and video and not have to go to four different places."
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Virgin Mobile Shares Tumble
Added on 2008-03-14 02:32:00
by Tanya Palta
 Looks like the flamboyance of Richard Branson isn’t translating to hard cash in the US. According to the latest business reports Branson has lost $250 million in Virgin Mobile USA after it shares fell as much as 54 percent on Thursday. Experts blames this dismissal performance on the company’s inability to compete with rivals like Verizon Wireless.
[Via Reuters]
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Mitsubishi Handsets To Bite The Dust
Added on 2008-03-05 03:24:00
by Tanya Palta
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i-mate Shuts Down Operations in US
Added on 2008-03-03 03:36:00
by Tanya Palta
 
i-mate has shut down most of its US operations according to Engadget. A number of ex employees wrote to Engadget about the sudden layoffs who attribute this to the commercial failure of the company's Ultimate line of Pocket PC phones.
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Greg Brown To Oversee Motorola Mobile Unit
Added on 2008-02-05 10:35:00
by Tanya Palta
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Motorola Shutting Down Mobile Unit?
Added on 2008-02-04 13:51:00
by Tanya Palta
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Palm Shuts Down All Retail Stores
Added on 2008-01-28 04:33:00
by Tanya Palta
 Palm Inc. has announced that they will shut down all their retail stores over the next five weeks in the US. Palm phones will be sold via their web site, carrier stores, resellers and other retail and online channels. This hasn’t surprised anyone as there were already rumor floating around about an impending Palm lay-off.
“We continue to focus our company around core business initiatives and are consolidating more resources behind fewer programs in order to compete most effectively,” the company said in a statement.
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Sanyo Confirms Kyocera Deal
Added on 2008-01-22 04:33:00
by Tanya Palta
 Sanyo Electric Co confirmed its plan to sell its mobile unit to Kyocera Corp. Under Monday's agreement, about 2,000 employees in Sanyo's mobile phone operation will be transferred to Kyocera and Sanyo has also closed ties with telecommunications company KDDI Corp.
Sanyo said in a statement. "In order to meet the best interest of the business and its stockholders, Sanyo has ... concluded that a transfer of the business to Kyocera would be the ideal solution."
[Via Yahoo News]
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Sony Ericsson sells over 100 Million Handsets in 2007
Added on 2008-01-21 09:50:00
by Tanya Palta
Sony Ericsson continues to make significant strides in the competitive mobile market. The company announced that they have sold over 100 million handsets in 2007 and gained market share during the quarter. Sony attributes their success to products like K550 Cyber-shot™ and the W200, W300 and W580 Walkman® phones in the Americas and Europe.
16 January 2008 Q4 Highlights:
* 18% increase in volume year-on-year
* Continued market share gains and profitable growth
* Continued investment for the future
2007 Highlights:
* Over 100 million units sold – more than double global market growth rate
* Margins remain strong as company shifts to broader portfolio
* Unit growth underpinned by increased sales of lower priced phones
* 145 million music enabled phones sold to date, of which 57 million were Walkman® phones – maintaining leadership in music
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German unions urge Nokia Boycott
Added on 2008-01-18 06:31:00
by Tanya Palta
There are some new developments on the Nokia plant shut off story we covered yesterday. News is pouring in that certain German union groups are calling for consumer boycott of Nokia products. The German government is requesting Nokia to reconsider their decision of shutting off their pant in the western city of Bochum
Boycott Nokia!" Dietmar Muscheid, regional head of the Confederation of German Unions (DGB), said in a statement.
"Whoever buys a cellphone today should think about the choice they are making and what catastrophic consequences the company's actions in Bochum will have for thousands of workers," said Muscheid, who heads the DGB in the southwest state of Rhineland-Palatinate.
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Nokia Shuts Down Mobile Plant
Added on 2008-01-16 05:34:00
by Tanya Palta
Nokia has confirmed that they will be shutting down their plant in Bochum, Germany, by mid-2008 and may cut up to 2,300 staff. Reuters is reporting that Nokia’s shares were down to 0.46 percent at 23.56 euros by 11:35 a.m. Nokia announced its plan to set up a mobile phone plant in Romania in March last year, investing 60 million euros ($89 million).
"We are moving production to existing plants, mainly in Romania, which will start during the first quarter," Nokia spokeswoman Arja Suominen said, and added recruitment had already begun.
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Sony Ericsson signs Maria Sharapova
Added on 2008-01-14 04:54:00
by Tanya Palta
 Sony Ericsson Mobile Communications recently announced that they have signed up Maria Sharapova, to become the company’s first global brand ambassador. The 4-year-old deal entails Maria promoting as well designing a range of products and accessories.
“Maria’s iconic status, determination, dynamism, success and charm match strongly with the Sony Ericsson brand, which prides itself on innovative and cool design with substance.” Said Dee Dutta, Corporate Vice President and Head of Marketing at Sony Ericsson.
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Japan's DoCoMo to tie up with Google
Added on 2007-12-26 19:25:00
by Tanya Palta
 NTT DoCoMo Inc., Japan's leading mobile phone operator has tied up with Google Inc. to improve its Internet services. DoCoMo subscribers via the company’s i-mode service, will be able to access Google based services like search, e-mail and photo features.
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Palm Reports Losses in Fiscal 2Q
Added on 2007-12-21 12:42:00
by Tanya Palta
 All is not hunky dory in the Land of Palm as the company reported a loss in the fiscal second quarter. Palm claims that they have lost around $9.63 million, or 9 cents per share, on revenue of $349.63 million in the three months ended Nov. 30.
"It's a transformational time so things could be a bit lumpy, but we'll do our best to manage through that," Palm President and CEO Ed Colligan acknowledged in a conference call. "Ultimately we have to deliver and retake the mantle of leadership for design and execution."
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