LG’s mobile business has undergone a turnaround this quarter, posting record smartphone sales for the company, which is reflected in an impressive Q2 earnings result.
Samsung has announced revenues of 53.68 trillion Korean won (52 billion USD) and an operating profit of 8.49 trillion won ($8.24 billion) for Q1 2014.
Samsung insiders expect least 35 million Galaxy S5 handsets to ship in the second quarter of this year, but will that be enough to subdue investor concerns over the saturating smartphone market?
Samsung Electronics has revealed that it expects to make an operating profit of 8.4 trillion won for Q1 2014, a decline of 4 percent compared to Q1 2013.
Google is reportedly working on adding a healthy dose of business capabilities into the next version of Android, prepping it for business. Data encryption, biometrics and enterprise controlled authentication, plus new APIs to allow remote management of company controlled devices and more.
Lenovo has reported a substantial jump in in its fourth quarter profits, driven by a boost in tablet and smartphone shipments.
Rick Sherlund, an analyst with Nomura, has calculated that Microsoft makes around $5 for each Android unit sold, which netted the company $1.6 billion in 2013.
Sony has just released its figures for Q3 2013 which shows strong growth in its mobile business. But the declining PC market had led the company to sell off its VAIO PC business.
According to the latest market data, Samsung Electronics is quickly catching up with Apple Inc in the global tablet market, and has already overtaken its rival in emerging regions.
Speaking with Fortune Magazine, Lenovo CEO Yuanqing Yang discusses the company’s plans for Motorola and how it aims to complete in the smartphone market.