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Smartphone maker News

22 Jun 2017

Karbonn brings Artificial Intelligence-based solution in 'Aura Note 2'

Domestic smartphone-maker Karbonn on Thursday unveiled the "Aura Note 2" smartphone with an artificial intelligence (AI)-based solution at Rs 6,490.

10 Apr 2017

lephone unveils new 4G smartphone in India

Chinese smartphone-maker lephone on Monday launched its latest smartphone lephone W7 in India at Rs 4,599 that supports 22 regional languages.

19 Nov 2016

Nokia planning to re-enter smartphone business in 2017

If a slide from Nokia's Capital Markets Day 2016 is anything to go by, the one-time famous smartphone maker is planning to re-enter the business in 2017.

08 Sep 2016

Qantas, Virgin Australia ground Samsung Note 7 after recall

Australian carriers Qantas and Virgin Australia told customers on Thursday not to use or charge Samsung`s Galaxy Note 7 during flights after faulty batteries in the new smartphone caused some handsets to explode.

04 Sep 2016

Xolo beefs up portfolio to cash in on 4G wave

Smartphone maker Xolo will ramp up its 4G portfolio with handsets priced between Rs 4,500-10,000 over the next few months to cash in on the burgeoning demand for LTE-supporting devices following the commercial rollout of Reliance Jio's service.

Commerce department

23 Mar 2016

US grants China's ZTE temporary reprieve on export curbs

The US government will give Chinese telecom equipment and smartphone maker ZTE Corp a three-month reprieve on tough export restrictions it imposed earlier this month, the Commerce Department said on Tuesday.

13 Aug 2015

HTC to slash 15% jobs globally after Q2 loss

Earlier this week, HTC had posted a loss of 8.0 billion Taiwanese Dollar (USD 252.7 million) for the second quarter as against a net profit of USD 2.26 billion in the same period, last year.

29 Apr 2015

Samsung overtook Apple as top smartphone maker in Q1

It said Samsung shipped 83.2 million smartphones worldwide and captured 24 percent market share in the quarter, down from 31 percent a year earlier but better than Apple`s 18 percent.

26 Apr 2015

Micromax looks for strategic investors to diversify portfolio

"Micromax is looking at beefing up investments in research and development of its products and services and so, getting a strategic investor on board makes sense," sources said.

18 Mar 2015

China's Lenovo, Xiaomi to work on Windows phones

Lenovo, one of China`s largest smartphone makers and the parent company of Motorola Mobility, will launch Windows-based smartphones this summer, Tong Fuyao, general manager of Lenovo China, said.

29 Jan 2015

Samsung posts first annual profit decline in three years

The tech giant said Thursday it recorded a net profit of 23.4 trillion won ($21.45 billion) in 2014, down 23.2 percent from a year ago and the first decline since 2011.

22 Dec 2014

India to be second largest smartphone market by 2016: eMarketer

India will surpass the US as the second largest market for smartphones globally by 2016, helped by device makers offering affordable handsets, research firm eMarketer said.

22 Dec 2014

Xiaomi to raise over $1 bn from investors including GIC

China`s Xiaomi is raising over $1 billion from investors including Singapore sovereign wealth fund GIC that would value the smartphone maker at over $45 billion, a person familiar with the deal said.

27 Nov 2014

Lava may acquire Nokia's Chennai plant

If the deal happens, it would increase the possibility of thousands of former workers getting a chance at re-employment at the plant.

30 Oct 2014

Lenovo wraps up purchase of Motorola phone unit

Chinese computer maker Lenovo Group has completed its acquisition of Motorola Mobility from Google Inc. In a move aimed at becoming a global smartphone brand.

15 Aug 2014

Samsung to buy US tech firm SmartThings

Samsung said Friday it had reached a deal to buy a US home automation startup SmartThings, as the South Korean electronics giant aims to expand beyond the increasingly saturated smartphone market.

22 Jun 2014

BlackBerry to complete sale of Canadian real estate by August

The company has completed various sales of real estate assets in the first quarter of fiscal 2015 as part of the CORE programme.

16 Jun 2014

Samsung juggling $60 bn in cash, bulks up on bonds

Samsung`s dividend payout ratio - or how much of its earnings it pays out in dividends - is 7.11 percent for the past 12 months.

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