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Samsung's Q4 profits jump 76%, warns for smartphone slowdown

2013-01-25 02:54:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics saw its fourth-quarter profit jump 76 percent to KRW 7.04 trillion from KRW 4.01 trillion a year earlier. Sales rose 19 percent to KRW 56.06 trillion. The mobile communications division was the main contributor, growing sales 58 percent to KRW 27.23 trillion. The growth was mainly driven by solid sales of the Galaxy S III and Galaxy Note II. For 2013, Samsung expects intensified competition amid smartphone growth slowdown, and for the tablet market, the company foresees more competition as well as strong growth with emerging market expansion. Profitability of the network and IT division decreased due to intensified price competition, while sales of LTE equipment and notebooks in overseas markets increased. At the semiconductor division, sales grew 5 percent year-on-year to KRW 9.59 trillion due to the differentiated product mix but memory sales were down 2 percent to KRW 5.33 trillion. The consumer electronics division saw sales slip by 1 percent to KRW 13.95 trillion and display panel sales fell 9 percent to KRW 7.75 trillion as TV panel sales declined.

Tags: jump profits smartphone warns

 

Lenovo considers possible bid for RIM in smartphone boost

2013-01-24 22:30:45| CNET News.com

PC maker is mulling merger targets and other potential deals, and the BlackBerry maker is on the list, according to a report from Bloomberg. [Read more]

Tags: bid boost considers rim

 
 

Safaricom to launch new Intel smartphone Yolo

2013-01-24 10:41:00| Telecompaper Headlines

(Telecompaper) Kenyan operator Safaricom has signed a deal to distribute a new range of smartphones powered by Intel. Billed as the first smartphone with 'Intel inside' in Africa, the Yolo smartphone will be sold in Safaricom shops countrywide at the entry price of KES 10,999 and comes bundled with free 500 MB data. The Yolo model will run Android and sport Intel's new Atom processor Z2420 for emerging market devices. The phone will feature a 3.5-inch touchscreen display, FM radio, 5-megapixel back camera, expandable memory slot, HSPA+ modem support with Intel's XMM 6265 modem for global roaming and McAfee mobile security software.

Tags: launch intel smartphone yolo

 

Dev platform for STM MCUs enables Smartphone style GUI for appliances

2013-01-22 23:32:22| Electronics - Topix.net

STMicroelectronics has launched STM32Java, which includes innovative software and associated microcontrollers that will allow simple, low-cost high-tech electronic equipment to become more compelling and easy to use.

Tags: style platform enables dev

 

Dev platform for STM MCUs enables Smartphone style GUI for appliances

2013-01-22 23:17:29| Semiconductors - Topix.net

STMicroelectronics has launched STM32Java, which includes innovative software and associated microcontrollers that will allow simple, low-cost high-tech electronic equipment to become more compelling and easy to use.

Tags: style platform enables dev

 

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