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Quarterly smartphone shipments have now overtaken feature phones, says IDC report

A new report from the International Data Corporation says more smartphones were shipped in Q1 2013 than feature phones, which is the first time smartphone shipments have dominated.

Overall, it reckons the worldwide mobile phone market grew 4% year-on-year in the first three months of this year. IDC says manufacturers shipped 418.6 million mobile phones in the quarter, of which 51.6% were smartphones.

Author: The Fonecast
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ZTE reports increase in quarterly profits

ZTE Corporation says its profits rose by 35.9% in the first quarter of this year, helped by the sale of some company assets.

Net income was up to 205 million yuan (£21 million), although quarterly sales were down 2.8% to 18.1 billion yuan (£1.9 million).

Author: The Fonecast
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