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Samsung Profit Falls, as Smartphone Sales Disappoint

2015-07-30 06:45:27| Electronics - Topix.net

Samsung Electronics Co. said net profit for the second quarter fell 8% from a year earlier as sales of the company's flagship Galaxy S6 smartphone fell short of expectations.

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LG Electronics second-quarter profit slumps 60 percent on weak TV, smartphone sales

2015-07-29 09:37:40| Electronics - Topix.net

South Korea's LG Electronics Inc said on Wednesday its quarterly profit skidded 60 percent, plummeting below estimates, as sales of televisions and smartphones buckled under weaker demand and intense competition from rivals. LG, the world's No.

Tags: tv sales electronics percent

 
 

LG smartphone shipments fall 3% in Q2

2015-07-29 08:40:00| Telecompaper Headlines

(Telecompaper) LG Electronics reported second-quarter sales down 7.6 percent year-on-year to KRW 13.93 trillion (USD 12.69 billion). Operating profit fell to KRW 244.1 billion, and net profit dropped to KRW 226.4 billion, in what LG called "an extremely challenging environment". LG said market conditions were more difficult than expected, but it hopes to recover the lost ground in Q3 with new products and more effective marketing. Sales at its mobile division were up just 1 percent in the second quarter to KRW 3.65 trillion, and smartphone shipments fell 3 percent from a year ago to 14.1 million units. Overall profitably was affected by weaker demand in the premium segment in its domestic Korean market, LG said. This was offset by 36 percent year-over-year growth in North America sales, due to a better performance of mid-range smartphones and tablets, and a record of over 8.1 million LTE smartphones sold in the quarter. From Q3, LG said it will more aggressively implement its dual strategy of focusing on both premium devices as well as mid-range smartphones targeting emerging markets. 

Tags: fall smartphone shipments q2

 

OnePlus 2 Smartphone Arrives Aug. 11

2015-07-28 18:14:26| PC Magazine Cell Phones Product Guide

Slated for an Aug. 11 release, the $389 64GB model will launch in two weeks, ahead of a $329 16GB version.

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TP Basics 2015 Q2 - Smartphone edition

2015-07-28 16:10:00| Telecompaper Reports

Smartphones and tablets are no longer just for young people or business users; the mobile devices are increasingly popular across the entire population. To understand better the growing adoption of these devices, Telecompaper is introducing TP Basics, concise quarterly overviews of smartphone and tablet ownership in the Netherlands. The insightful data is targeted at businesses and organisations selling smartphones and tablets, developing apps or using mobile devices to keep in touch with customers.

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