Nokia took a huge axe to its first-quarter devices and services guidance and issued a gloomy outlook for the new quarter on Wednesday, wiping out 18% of the Finnish handset maker's market cap.
Samsung Electronics, Nokia and HTC are all rolling handsets with AMOLED displays,accelerating the penetration of AMOLED applications in the handset market, with sales for such phones to grow exponentially in 2012.
STMicroelectronics should persuade Ericsson that they sell off their mobile chip joint venture ST-Ericsson, but probably to some aspiring Chinese company. That is likely to produce the quickest and most profitable - or least loss-making - exit for the two parent companies from what has become a failed project.
Marvell Technology's fiscal fourth-quarter profit slumped 64% on weakness in the market for the chip maker's hard-drive components.
Marketwatch.com (Dow Jones)
Intel's latest effort to crack the smartphone market revolves around its new ultra low-power Atom chip code named Medfield and Google's Android 4.0 "Ice Cream Sandwich" mobile operating system, both of which reportedly appear in a new handset from Motorola that's due to be unveiled at the Mobile World Congress later this month.
For years, Nokia has led all handset vendors in unit shipments. But this year (2012), Samsung believes it can change that.
The Finnish handset giant scooped up Smarterphone, a small Norwegian company that has an operating system designed for more basic cell phones known in the industry as feature phones. The acquisition was disclosed by Smarterphone's Nordic investor parent, Ferd Capital. A Nokia representative confirmed the acquisition but declined to comment further on what it means for the company.
Nearly every mobile handset manufacturer is looking for one thing: A chip platform that can be used immediately as leverage in price negotiations in order to compete with industry leader Qualcomm. Renesas Mobile's Manfred Schlett insists the company is up to the task.
Luxury phone maker Vertu unveiled its first touchscreen mobile at an event in Milan, Italy, on Tuesday. The phone, called Constellation, will retail for EUR4,400 (Dh22,389) for the entry level model and go up to EUR10,900.
Previously, Tirri was Head of Nokia Research Centre, Nokia's forward looking research facility. He joined Nokia in 2004 as a Research Fellow before leading NRC Systems Research laboratory in 2007.
The majority of the reduction is from the company's wireless products, which have experienced an unexpected decline in demand and pricing.
OmniVision is promising an quarter-inch, 8-megapixel OV8850 CMOS sensor that the company says is 20% slimmer than any competing 8-megapixel module.
Please respect FT.com's ts&cs and copyright policy which allow you to: share links; copy content for personal use; & redistribute limited extracts. Email email@example.com to buy additional rights or use this link to reference the article - http://www.ft.com/cms/s/2/24c99176-b81a-11e0-8d23-00144feabdc0.html#ixzz1TmqNu1c7 CSR has warned of "increasing economic uncertainty and weakness in some areas of the handset market" as it reported a slide in revenues for the first half of 2011.
The Financial Times
Mosaid Technologies has announced that it is suing HTC America and Sony Ericsson Mobile Communications (USA) for infringing three US patents that are essential to all cellular telephones that implement the emergency 911 (E-911) standard, as mandated by the US Federal Communications Commission (FCC).
IC Insights forecasts 1.55 billion cellular phones will ship in 2011, a 9% increase over the 1.4 billion shipped in 2010.
Marvell Technology's CFO said Friday the company is providing chips for some of Research In Motion's (RIM) next-generation BlackBerrys, adding that the handset maker's latest struggles won't hurt Marvell more than previously projected in the near term.
Wall Street Journal
An official Nokia statement said he had left to resolve a "personal matter" and gave no date for his return. However, a Finnish newspaper quoted sources inside Nokia saying he had left because of differences over strategy and would not return.
The worldwide mobile phone market grew 19.8% on year in the first quarter of 2011 fueled by high smartphone growth, especially in emerging markets, and gains made by market challengers, according to IDC.
Mobile phone maker Nokia has announced it will shed 4,000 jobs as part of a plan to refocus the company on smartphones. Nokia said the majority of the job losses would be in Denmark, Finland and the UK.
Nokia, the struggling market leader in mobile phones, has said that it intended to cut costs by nearly 20% over three years, a move that will likely eliminate thousands of jobs as it enters an alliance with Microsoft.
New York Times
Intel has designed a handset that may be manufactured by China's ZTE, according to people with knowledge of the plan. The phone, based on a version of Intel's Atom microprocessor, may go on sale in China.
Bloomberg (via Businessweek)
Nokia workers are bracing for what may be the steepest job cuts in almost two decades as the company prepares to start a partnership with Microsoft. A reduction in R&D activities is set to be announced by the end of April, with as many as 6,000 jobs under threat.
Rumors circulated that Apple may have chosen to TSMC as their new fab in response to new competition from Samsung in the handset and tablet space. Based on analysis performed by UBM TechInsights Lab and Process Analysis personnel, we can say that the A5 in our possession is definitely manufactured by Samsung using their 45nm process.
Korean carrier SK Telecom announced earlier this week that it will launch Apple's CDMA iPhone 4 on March 16, making it the first international network to carry the handset.
The Motorola Droid Pro is a fair approximation of a BlackBerry handset, minus the inferior keyboard and the fact that it doesn't come close to matching Research In Motion's security measures.
CSR and Zoran have entered into a merger agreement under which Zoran will merge with CSR for an equity value equivalent to approximately US$679 million. The merged company will provide differentiated, integrated technology that addresses the rapidly-growing market for connected, location-aware multimedia devices including handsets, digital cameras and home entertainment equipment.
Intel has announced that the company is sampling its 32nm "Medfield" handset chip with customers. Scheduled for introduction this year, the Medfield chip will extend the performance benefits of Intel architecture into a low-power solution specifically designed for the smartphone market segment.
Analysis was sparked by a Morgan Stanley survey suggesting that Nokia could have sold 2.5 million N8 smartphones during Q410, and 9 million in 2011. The survey included 150 handset retailers in 5 countries across Europe.
RIM allegedly doubted Apple's ability to produce the original iPhone when the first-gen handset was initially announced, then thrown into panic after teardowns of the smartphone revealed the company had managed to produce a full-touch device with market-ready battery life.
Samsung is a big beneficiary of Android's rise, selling more than 3 million Galaxy S phones, and capturing the mantle as leading Android handset provider in the U.S. by accounting for a third of all Android phones sold in the country.
Motorola announced that its split into two separate companies will become effective Jan 4, when the company will change its name to Motorola Solutions. The handset division will be called Motorola Mobility Holdings.
Wall Street Journal
NTT DoCoMo, Japan's top mobile carrier, is aggressively promoting rival smartphone offerings such as Samsung Electronics' Galaxy handset.
Wall Street Journal
Engadget has published what it claims are photos of the unannounced, unreleased Nexus S Android handset from Samsung.
Apple becomes fourth largest handset maker by volumes, says IDC
The study found that Dual- and Triple-SIM card slot phones have grown to touch as much as 38.5% of the total India Mobile Handset shipments, from less than 1% in 2Q 2009 (April-June 2009 quarter).
Finnish handset manufacturer Nokia could have achieved dominance over the smartphone market, if its executives hadn't rejected the first smartphone.
Anadigics has announced that its AWT6264 power amplifier drives the WiMAX connectivity in Samsung's recently-released Epic 4G handset.
ZTE Corp., China's second-biggest maker of telephone equipment, is expanding in the US with an agreement to sell a handset through Verizon Wireless.