Samsung Profits Boosted by Smartphone Sales

Samsung Electronics has announced that its fourth-quarter revenues rose by 13% to KRW 47.3 trillion (US$42 billion), while net profit was up by 17% to TRW 4 trillion ($3.6 billion).

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Apple Becomes World's Largest Smartphone Vendor in Q4 2011
January 28th 2012 - 09:17 GMT
According to the latest research from Strategy Analytics, global smartphone shipments grew 54 percent annually to reach a record 155 million units in the fourth quarter of 2011....more
 
The G20's Internet Economy to Reach $4.2 Trillion by 2016 as Nearly Half the World's Population Become Web Users
January 28th 2012 - 09:01 GMT
The Internet economy of the G-20 economies is projected to reach $4.2 trillion in 2016 -- nearly double the size it was in 2010 -- providing companies and countries with a vital source of growth as they battle to thrive in an era of uncertainty, according to The Boston Consulting Group (BCG)....more
 
MetroPCS Sued for Visual Voicemail Patent Infringement
January 28th 2012 - 08:40 GMT
Klausner Technologies announced today that it has filed suit against USA based mobile network operator, MetroPCS over allegations of patent infringement under the Klausner U.S. Visual Voicemail patents....more
 
Operator News in Brief - 27th Jan 2012
January 27th 2012 - 12:16 GMT
Summaries of short news items relating to the mobile networks....more
 
Apple Tops Smartphone Sales Chart in Q4 2011
January 27th 2012 - 12:13 GMT
A total of 150 million smartphones were shipped by the major manufacturers during the last three months of 2011, representing a record high penetration of 36% of the 409 million total handsets shipped worldwide. ...more
 
Defendants in India's GSM Scandal Fail to Appear in Court
January 27th 2012 - 11:46 GMT
Four investors in Indian mobile networks failed to attend court today as part of the investigation into the 2008 GSM license scandal, all claiming, via lawyers that the court summons had not been correctly issued....more
 
Samsung Loses Second Patent Lawsuit in Germany
January 27th 2012 - 11:35 GMT
Samsung has lost another round in its ongoing patent dispute with Apple in Germany. This time, the court ruled that Apple hadn't infringed a Samsung patent that the company was seeking to enforce against the company....more
 
Smartphone Programme for British Police Was Not Cost Efficient - Audit Office
January 27th 2012 - 10:51 GMT
An £80 million (US$125 million) investment in BlackBerry and other smartphones for the UK's frontline police did not deliver value for money, the government's Audit Office has concluded....more
 
At Least 40 T-Mobile Call Center Staff Facing Fraud Investigation
January 27th 2012 - 10:34 GMT
Two members of staff at a T-Mobile USA call center have been arrested on suspicion of fraud, and there is potential for up to 40 more arrests at the company....more
 
Nokia Siemens Networks Confirms Signing EUR1.3 Billion Financing Facility
January 27th 2012 - 10:20 GMT
Nokia Siemens Networks has confirmed previous reports that it has signed a new financing facility worth EUR1.305 billion with 15 international banks, to replace its existing revolving credit facility...more
 
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