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LG Electronics says handset sales to improve starting in fourth quarter

2015-10-01 07:59:16| Electronics - Topix.net

South Korean consumer electronics maker LG Electronics Inc expects sales at its mobile division to improve starting from the fourth quarter as the firm launches new devices, a senior executive said on Thursday. Speaking at a launch event for the new V10 smartphone, LG mobile division chief Cho Juno told reporters the firm will use the high-end device as well as new mid-to-low tier products to boost market share.

Tags: sales improve electronics starting

 

ZTE's strong 1H networks performance masks decline in handset sales

2015-08-26 02:00:00| Total Telecom industry news

Chinese vendor posts audited results for first six months of 2015; handset revenues fall by 4%.

Tags: sales performance strong networks

 
 

Sprint improves EBITDA growth on switch to handset leasing

2015-08-04 14:18:00| Telecompaper Headlines

(Telecompaper) Sprint reported second-quarter adjusted EBITDA up 14 percent to USD 2.1 billion, while revenues were still down 9 percent to USD 8.0 billion. The improved EBITDA was due in part to the switch to handset leasing, which moved associated costs to depreciation from product costs, as well as lower costs at the wireline operations and for bad debtors. The company also raised its full-year outlook for adjusted EBITDA to USD 7.2-7.6 billion, from an earlier estimate of USD 6.5-6.9 billion, excluding any accounting impacts from the lease financing. The shift to lease plans also contributed to the drop in revenues, as handset revenues are now realised over the course of the contract. Equipment sales fell to USD 990 million from USD 1.1 billion a year ago, and service revenues dropped to USD 7.0 billion from USD 7.6 billion. Sprint succeeded in adding a net 675,000 connections in the three months, as 310,000 new postpaid users and 731,000 wholesale lines offset the loss of 366,000 prepaid users. In total the company had 56.812 million connections on the Sprint network, up from 53.331 million a year earlier, as well as 856,000 customers still from Clearwire. While connections grew in Q2, the company still lost a net 12,000 postpaid phones in the period. Sprint said it reversed the loss of phones for the first time in two years though, with net gains in May, June and July. Postpaid churn fell to 1.56 percent from 1.84 in Q1 and 2.05 a year ago, and the operator said it was a net winner in portings. Postpaid ARPU still fell to USD 55.48 from USD 56.94 in Q1 and USD 62.07 in Q2 2014. 

Tags: growth switch leasing sprint

 

[Photo News] LG 3G handset

2015-07-20 11:26:31| Electronics - Topix.net

LG 3G HANDSET -- South Korean electronics giant LG Electronics will roll out its mid-range 3G smartphone, the Bello II, in Latin America and India this month, followed by other markets including Europe and the Commonwealth of Independent States throughout the third quarter this year. The device with a 5.0-inch display sports a 5MP front-facing camera and a removable 2,540mAh battery.LGE LG 3G HANDSET -- South Korean electronics giant LG Electronics will roll out its mid-range 3G smartphone, the Bello II, in Latin America and India this month, followed by other markets including Europe and the Commonwealth of Independent States throughout the third quarter this year.

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Test Cases promote GSMA NFC Handset Test Book compliance.

2015-05-26 14:31:04| Industrial Newsroom - All News for Today

Covering 100% of tests identified as first priority by GCF, test cases address GSMA Handset Test Book requirements for UT³ Platform conformance test system. These are conformance tests for mobile phones supporting such features as Secure Element API (including SEAC), Android-specific API, Multiple Card Emulation Environments, NFC Service remote administration, as well as NFC tag reading and writing. Test cases are also included for NFC-related work items.

Tags: book test cases promote

 

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