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Mobile phone chip maker Qualcomm said Wednesday that its fiscal first-quarter profit rose 16% as rising global demand for smartphones boosted sales.
CBS News
Motorola Mobility, the phone maker Google has agreed to buy for US$12.5 billion, swung to an operating loss in the fourth quarter of 2011 due to increased competition in the smartphone market.
The Financial Times
Facebook will begin the process of becoming a publicly-listed company this week, valuing the social networking site at between US$75 billion and US$100 billion, reports suggest.
BBC News
Nokia has posted an operating loss of US$1.25 billion in the fourth quarter as unexpectedly high Windows Phone sales and a US$250 million payment from Microsoft weren't enough to compensate for worse than anticipated declines in the company's legacy smartphone lines.
Information Week
Traders said they had heard that ZTE had lost a patent lawsuit with Ericsson and had to pay a penalty of EUR500 million (US$640.83 million), although a ZTE executive told Reuters that the outcome of the lawsuit was not out yet.
Reuters
Gold's skepticism arises from the lack of backwards software compatibility on the platform and said the danger is that if the market doesn't quickly take up Windows on ARM, Microsoft will stop spending resources on it, as has been the case with other platforms beforehand.
EE Times
Apple has said it will halt the sale of all iPhone models from its stores in China, after large crowds disrupted the launch of the iPhone 4S.
BBC News
Eastman Kodak Company has filed lawsuits against Apple and HTC, alleging the infringement of certain Kodak patents relating to digital imaging technology.
Company release
For years, Nokia has led all handset vendors in unit shipments. But this year (2012), Samsung believes it can change that.
CNET
The cost of patent lawsuits and a more competitive market weighed down Motorola Mobility's fourth quarter financial results, the company reported when releasing preliminary numbers.
Computerworld
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.
CNET
JEDEC Solid State Technology Association has announced the availability of a new standard for wide I/O mobile DRAM: JESD229 wide I/O single data rRate (SDR).
Company release
The world's top maker of memory chips and smartphones is set to report a robust quarterly profit rise on Friday, starting 2012 on an upbeat note aided by record-smashing sales of smartphones.
Reuters
SK Telecom won the antitrust regulator's approval to acquire a 21% stake in Hynix Semiconductor, bringing South Korea's biggest mobile-phone carrier one step closer to completing the transaction.
Bloomberg
AT&T purchased 700MHz spectrum licenses covering more than 300 million people for approximately US$1.9 billion.
Company release
Smartphones are relatively new, but will likely follow the path of more mature electronics industries, in which "you typically see large cross-licensing agreements between the big players because they've all got lots of patents the others are infringing."
Ars Technica
22 Dec 2011
"Nokia does not have an exact plan, but we are studying the markets carefully. Perhaps we will come [to market] one day," Chief Executive Stephen Elop said in a televised interview on Finnish public broadcaster YLE.
Marketwatch.com (Dow Jones)
Economic Times
Samsung Electronics has revealed plans to provide the Android 4.0 Ice Cream Sandwich update for Galaxy devices. The platform update for Galaxy S2 and Galaxy Note will start in the first quarter 2012, and other Galaxy devices will soon follow.
Company release
It is not that Apple's iPhones and iPads are losing favour among Chinese consumers. The iconic products are flying off the shelves at Apple's five flagship stores in Shanghai and Beijing, unauthorized sellers, and even from fake shops dressed up to look eerily like the real thing.
Reuters
AT&T says it has agreed with Deutsche Telekom to ends its bid to buy T-Mobile USA after facing fierce government objections.
Washington Post
Stephen Elop, the first non-Finn to run Nokia, on Sunday quashed rumors the cellphone maker could move its headquarters to the United States from Espoo, a suburb of the Finnish capital Helsinki.
Reuters
Research in Motion (RIM), which makes Blackberry phones, has announced a delay to the launch of its new Blackberry 10.
BBC News
Panasonic will expand its smartphone business beyond its home country of Japan, starting with Europe in March 2012, the electronics giant said today.
CNET
Apple's 4S topped the list at all major carriers offering the device in the US, while the Samsung Galaxy S2 took the crown at T-Mobile. The S2 also came in second at Sprint and AT&T, sandwiched in between Apple's 4S and iPhone 4, while the Motorola Droid Razr and HTC Rezound rounded out the top three at Verizon, where the S2 is not sold.
Forbes
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