News Articles

Smartphone shipments up 43% in Q2 to 60 million devices worldwide

Strategy Analytics has calculated that global smartphone shipments grew 43% year-on-year to reach 60 million units by the end of Q2 2010. Nokia is top overall with 40% of the global market; Research In Motion leads in the Americas and is in second place globally with a 19% market share. Apple is in third place. Overall, Strategy Analytics says 19% of handsets shipped in Q2 were smartphones.

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Profits down but sales volume up for Nokia

Nokia's just published its Q2 2010 figures. They show operating profit down 40% on the previous quarter (and down 31% year-on-year), although exchange rates helped net sales to increase slightly. The number of mobile devices shipped was up 8% year-on-year to 111.1 million units for the three-month period, while smartphone and mobile computer sales were up 42% year-on-year to 24 million units.

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Nokia sells its wireless modem business to Renesas Electronics

Tokyo-based Renesas Electronics is buying Nokia's wireless modem business for around $200 million. It's the latest development in an ongoing partnership between the two companies. In addition, Nokia and Renesas say they'll work together on developing modem technologies for HSPA+/LTE technology.

The deal is expected to be concluded towards the end of this year.

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Nokia asks Russian authorities to help them retrieve prototypes

Russian blogger/journalist Eldar Murtazin, who writes for Mobile-Review.com, is in big trouble with Nokia. According to Nokia, he's admitted to having their prototypes – devices that he shouldn't be in possession of - but hasn't returned them. As a result, Nokia says it's now asked the Russian authorities for help.

Author: The Fonecast
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Podcast - 7th July 2010

This week's look at the latest mobile industry headlines includes an update on the reception problems for Apple's iPhone 4, Nokia's future with Symbian, the end of the road for Kin and the First Else... and loads of other news stories, too.

Author: The Fonecast
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