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LG quarterly results reveal record Q3 smartphone sales

LG quarterly results reveal record Q3 smartphone sales

LG Electronics has published its unaudited figures for the third quarter of 2014, with revenue up 7.4% year-on-year to KRW 14.92 trillion (£8.83 billion) and operating profit more than doubling to KRW 461.3 billion (£273.04million).

It says this reflects strong performance from its mobile business. which hit a new record for smartphone sales in the third quarter.

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Microsoft launches its own wearable fitness device: the Microsoft Band

Microsoft launches its own wearable fitness device: the Microsoft Band

Microsoft has launched a wearable fitness-monitoring device. It’s called the Microsoft Band and is currently available in the USA for $199 (around £124).

The device can link via an iOS, Android or Windows Phone app to the new cloud-based Microsoft Health service.

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Lenovo completes its acquisition of Motorola Mobility from Google

Lenovo completes its acquisition of Motorola Mobility from Google

Lenovo’s acquisition of the Motorola Mobility business from Google has been completed, nine months after the $2.91 billion (£1.8 billion) deal was first announced.

It means Lenovo is now the world’s third largest producer of smartphones, with a portfolio that includes the ‘Moto’ and ‘Droid’ brands.

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Huawei launches its Honor 6 smartphone

Huawei has launched a new smartphone in Europe using the Honor brand.

The Honor 6 doesn’t have strong Huawei branding. Instead, it’s been given its own web site - hihonor.com - and is encouraging the use of hashtag #forthebrave on social media.

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Big numbers for EE, Apple, smartwatches and the Internet of Things

Podcast - 29th October 2014

We start this week's podcast with news that EE now has the largest 4G customer base in Europe, with 5.6 million UK connections.

There's also talk about a new DIY product for the Internet of Things, the disappearance of Nokia branded smartphones, quarterly results for Apple, increasing M2M connections and a growing market for smartwatches.

Author: The Fonecast
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