By:
Zach Epstein |Feb 8th, 2012 at 08:30AM
Nokia plans to eliminate 4,000 jobs as part of a major cost-cutting effort that will see much of its manufacturing shift to Asia. The cuts will be made across three Nokia plants — 2,300 workers will be shed in Komarom, Hungary, 700 will lose their jobs in Reynosa, Mexico and 1,000 more in Salo, Finland will be laid off. Each of the three plants will continue to operate at reduced capacities, and the move is part of a larger effort to cut costs following the €1 billion loss Nokia reported last quarter. &...
By:
Zach Epstein |Jan 27th, 2012 at 06:00PM
Global mobile phone shipments grew 14% annually to shatter the previous shipment record in 2011. Market research firm Strategy Analytics estimates that 1.6 billion cell phones were shipped last year, representing more than one-fifth of the world’s total population, which surpassed 7 billion in late October last year according to the Population Reference Bureau. An earlier report from the GSMA estimated that there are now more than 6 billion total mobile connections worldwide. Read on for more. (more...
By:
Zach Epstein |Nov 15th, 2011 at 09:05AM
Google’s Android platform continued to grow rapidly in the third quarter of 2011 as shipments of Apple’s iPhone declined. New data released by market research firm Gartner on Tuesday shows that Android powered more than half of the smartphones that sold to end users last quarter at 52%. In the same quarter last year, Android was found on just 25.3% of smartphones sold. The second largest share last quarter belonged to Symbian according to Gartner, though it’s share was nearly halved from 36....
By:
Zach Epstein |Oct 28th, 2011 at 08:00AM
Global cell phone shipments grew 14% annually to reach 390 million units in the third quarter as China-based ZTE passed Apple to become the No. 4 cell phone vendor in the world by volume. Market research and consulting firm Strategy Analytics on Thursday released global mobile phone shipment data for the third quarter of 2011, and the landscape is shifting. Nokia remained atop the list, having shipped 106.6 million cell phones in the September quarter, and Samsung remained in the No. 2 spot as mobile phone sh...
By:
Zach Epstein |Oct 11th, 2011 at 02:30PM
For the first time, the number of wireless devices connecting to cellular networks in the United States and its territories over the past six months has surpassed the country’s total population. A semi-annual survey conducted by the CTIA found that wireless subscriber connections now total 327.6 million while the population of the U.S. and its territories is now 315.5 million people. This means the wireless penetration rate in the U.S. in now 103.9% according to the CTIA, marking the first time that wi...
By:
Todd Haselton |Oct 7th, 2011 at 12:40PM
The CTIA recently filed a lawsuit in San Francisco, California in an effort to block the city’s “Cell Phone Right-to-Know” ordinance, which the CTIA says is misinforming consumers. The ordinance requires cell phone retailers to post information about cellular radiation next to devices, which the CTIA argues wrongly suggests there is proof phones cause brain tumors and pose other health risks. “The materials the City would require be posted and handed out at retail stores are both alarm...
By:
Zach Epstein |Aug 11th, 2011 at 03:35PM
Gartner on Thursday issued its global mobile phone sales data for the second quarter, which shows that the industry grew 16.5% from the same quarter last year, to 428.7 million units. Smartphone sales jumped 74% year-on-year, with 107.7 million smartphones having been sold to end users around the world. “Smartphone sales continued to rise at the expense of feature phones,” said Roberta Cozza, principal research analyst at Gartner, in a statement. “Consumers in mature markets are choosing ent...
By:
Zach Epstein |Aug 9th, 2011 at 02:35PM
Nokia plans to exit its low-end feature phone and Symbian smartphone businesses in North America following the launch of its first round of Windows Phones, Journal blog AllThingsD reports. Nokia has historically had a great deal of trouble placing smartphones with carriers here in the U.S., and the Finnish phone maker has subsequently not had much success penetrating the market. Moving forward, however, Nokia is betting the bank on smartphones in North America. ”When we launch Windows Phones we will e...
By:
Zach Epstein |Aug 3rd, 2011 at 02:31PM
A recent survey found that 33% of Americans would sooner give up sex for a week than go without their mobile phones for the same period of time. Navigation software leader Telenav surveyed 514 mobile phone users in the U.S. last month to find out how willing they were to give up certain things ahead of their cell phones. Respondents were most willing to part with alcohol instead of their phones, with 70% saying they would go a week without booze before going a week without a phone. At the other end of the s...
By:
Todd Haselton |Jul 29th, 2011 at 07:00AM
The results of a recent European study published in the Journal of the National Cancer Institute concluded that there is no connection between cell phone use and an increased risk of brain cancer, The Wall Street Journal reported on Thursday. There were 1,000 participants in the study, including 352 people aged seven to nineteen who were diagnosed with a brain tumor between 2004 and 2008. The report “shows that a large and immediate risk of cellphones causing brain tumors in children can be excluded,...
By:
Zach Epstein |Jul 18th, 2011 at 07:19AM
Nokia plans to drop prices across its entire product line this September in an attempt to bolster sales, industry insider Eldar Murtazin claimed on Friday. The struggling Finnish cell phone vendor will cut phone prices by 10% according to the Russian blogger, who has an extensive history of accurately reporting inside information pertaining to Nokia and other smartphone vendors. “Nokia are going to cut prices for the whole product line by 10 per cent in September,” Murtazin posted on his Twitter ...
By:
Zach Epstein |Jun 9th, 2011 at 10:20PM
Nokia CEO Stephen Elop once again addressed rumors of a possible sale of Nokia’s phone business. Rumors emerged on Wednesday suggesting Samsung was preparing to bid on Nokia’s cell phone division, but Elop addressed them on Thursday while speaking to The Wall Street Journal. Elop insisted that the rumors are “completely groundless.” The CEO continued, “Nokia is not for sale.” While Elop has been steady with his message, there is of course wiggle room in his choice of word...
By:
Zach Epstein |Apr 14th, 2011 at 11:28AM
Best Buy on Thursday intends to reveal several aspects of its long-term strategy to drive its business forward. A key part of that strategy, according to the company, is to continue its all out assault on the mobile market. Best Buy revealed its intentions to open between 600 and 800 Best Buy Mobile stand-alone store locations in the U.S. over the next five years. The company also said it intends to double its $2 billion online business within three to five years, and it will open 400 to 500 new Five Star ret...
By:
Zach Epstein |Feb 8th, 2011 at 02:59AM
CBS-owned Last.fm announced on Monday that it will soon discontinue its free ad-supported streaming music service for cell phones and home entertainment devices. Last.fm is a custom Internet radio service that competes with the likes of Pandora and Slacker Radio. The service currently streams to computers, to cell phones and to various home entertainment devices such as DVD players and set-top boxes, with two available subscription models — a free ad-supported version and an ad-free version for $3 per month...