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Dual-SIM smartphone sales to hit half a billion next year

2015-07-16 02:00:00| Total Telecom industry news

'Apple is missing out' on massive global market for smartphones with more than one SIM card, analyst warns.

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Xiaomi H1 smartphone sales up 33%

2015-07-02 09:00:00| Telecompaper Headlines

(Telecompaper) Xiaomi announced sales of 34.7 million smartphones in the first half of 2015, a 33 percent year-on-year increase. While the growth was strong, it leaves the company behind on its full-year sales target. Xiaomi targets sales of 80-100 million smartphones this year, up from 61.1 million last year, its CEO Lei Jun said earlier this year. The company most recently expanded to its first market outside Asia for smartphones, Brazil. 

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Chinese smartphone sales to hit half a billion in 2017

2015-07-02 02:00:00| Total Telecom industry news

But analyst firm says India will drive global sales, becoming the world's second largest smartphone market in 2017.

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Sony forecasts drop in smartphone sales this year

2015-04-30 13:18:00| Telecompaper Headlines

(Telecompaper) Sony announced new medium-term targets for its mobile phone business. It now targets revenues of JPY 1.00-1.25 trillion for the activities in the year to March 2018, compared to a forecast in February of JPY 0.90-1.10 trillion. The higher forecast is due to the inclusion of its So-net unit in the mobile division. The operating margin target was left unchanged at 3-5 percent in FY 2018. In the past year, mobile sales rose 11 percent to JPY 1.32 billion, while the operating result was a loss of JPY 220.4 billion, mainly due to a goodwill impairment of JPY 176 billion as well as the stronger US dollar. In the last quarter to March, mobile revenues were up 1.2 percent year-on-year to JPY 27.16 billion (or +5% at constant currencies), while the operating loss widened to JPY 55 billion from JPY 15 billion. Smartphone unit sales were unchanged over the full year at 39.1 million and fell to 7.9 million in the fourth quarter form 8.8 million a year ago. Sony forecast mobile sales to fall around 7 percent this year to JPY 1.31 trillion, as it scales back its mid-range phones to concentrate on more profitable models. Unit sales will drop to an estimated 30 million, while the operating loss should reduce to JPY 39 billion, thanks in part to restructuring. 

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LG's smartphone sales up 25% on-year in 2014

2015-01-22 17:19:38| Electronics - Topix.net

South Korea's No. 2 tech giant, LG Electronics is estimated to have posted a 25 percent gain in its smartphone sales last year from a year earlier, industry sources said Thursday, taking a step closer to claiming the third spot in the global market.

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