In an urgent attempt to reach its biggest rival – Samsung, Apple Inc. has planned to spend the serious sum of $10.5 billion for machines and technological inventions that will help them produce better devices next year. At least that’s what their fiscal capital-expenditure forecast for year 2014 says. If we look back in time, this is about 60% more...
Samsung hasn’t been the sole supplier of A-series chips for Apple for a long time. A report from earlier this year revealed that Apple made a deal with the Taiwan Semiconductor Manufacturing Company (TSMC) for A-series chips production, however later Samsung appeared on the frontline once again and currently Apple will start producing the chips at GlobalFoundries that indicates a...
Sources familiar with the matter have revealed to Reuters that BlackBerry’s board has declined several offers from companies like Microsoft, Apple, Lenovo and others. According to the report, BlackBerry has rejected all proposals and all of them were only for parts of the business and not the company as a whole. The board doesn’t want to break up the company...
Last month, HTC predicted its first operating loss for a quarter since the company exists. Today, HTC officially confirms the loss providing some figures to describe the financial situation in details. According to the company, there is a $102 million loss for HTC in the third quarter of the year. Despite the loss, the CEO of the company Peter Chou...
Nokia has extended its patent licensing agreement with Samsung for another five years, both parties announced yesterday. According to the press release, Samsung will pay additional compensation to Nokia and the amount will be finally settled in arbitration in 2015. Sources familiar with the matter suggest that the talks have been going for a long time and the new agreement...
According to Reuters, Fairfax struggles to raise funds to support its $4.7 billion BlackBerry bid. At the moment, several large banks have declined to participate with financing and they have expressed concerns that BlackBerry may not be able to change its direction to bankrupt. Sources familiar with the matter have revealed to Reuters that Fairfax, the Canadian investment fund, have...
Apple / Huawei / Lenovo / LG / Phone Business & Stocks / Phones / Samsung
by Phones Review · Published 10/29/2013
Soon, most of the smartphone manufacturers will publish their financial results for Q3. While we are waiting to see the official reports, Strategy Analytics has revealed an interesting smartphone market study. According to the research, Huawei has climbed into third place in market share, overtaking LG. In the rapidly growing market, the Chinese vendor shipped around 12.7 million units in...
HTC is planning to become profitable once again. Due to the company’s desperate financial situation, HTC is certainly trying to avoid Nokia and BlackBerry’s fate of being sucked into the vortex of bigger companies. The Taiwaneese media Nomura Securities reports that HTC’s fail safe plan that is consisted of four major parts has already set start with Chairwoman Wang taking...
HTC reported its first quarterly loss this month and several reports telling that HTC scales down production lines have emerged. Yesterday, Reuters reported HTC is closing at least one of its four major manufacturing lines, reducing its overall capacity by a fifth. Today, a source within HTC has commented to The Verge. He has refuted the report, assuring that HTC...
While Nokia is preparing to reveal new products tomorrow, The Wall Street Journal reports that the Nokia smartphones sales have hit a record high for a fourth consecutive quarter between July and September. Sources familiar with the matter have revealed to the WSJ that Nokia sold at least 8 million Lumia phones. In comparison to the last year, that is...
