HTC, which took a stake in cloud-based game streaming service OnLive last year, has been hit by OnLive’s recent restructuring.
It means that HTC - which started working with Sony’s PlayStation Mobile gaming platform earlier this year - is looking at a $40 million loss.
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Sony Computer Entertainment says it’ll start the full-scale launch of PlayStation Mobile in the autumn.
The service, previously named PlayStation Suite, will bring Sony PlayStation games to a variety of mobile devices. This initial launch will include Australia, Canada, France, Germany, Italy, Japan, Spain, the UK and the USA.
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Podcast - 8th August 2012
We start this week's edition of The Fonecast with a new product from RIM: the mobile-enabled BlackBerry PlayBook. Next comes Vodafone's move to Tech City and Google moving its mobile wallet into the cloud.
You'll also find the latest batch of quarterly results, some mobile data research and a story about sheep sending SMS text messages.
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HTC has published results for the second quarter of its financial year, with revenue of NT$91.04 billion (£1.95 billion) and net income of NT$7.40 billion.
Both figures are up from the previous quarter but down year-on-year.
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The worldwide mobile phone market grew by just 1% year-on-year in the second quarter of 2012, according to the International Data Corporation Worldwide Quarterly Mobile Phone Tracker. However, the volume of smartphone sales grew by 42.1%.
IDC has calculated that 406 million mobile phones were shipped in Q2 2012, of which almost 154 million were smartphones.
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