TELECOM

Taiwan Mobile sees net profits move higher in 1Q12

Taiwan Mobile has posted net profits of NT$3.36 billion (US$113.84 million) for the first quarter of 2012, edging up 2% from a year earlier. First-quarter EPS stood at NT$1.25 compared to NT$1.10 a year ago. (read on…) Related items Taiwan Mobile sees net profits move higher in 1Q12 Apr 27, 16:48 Taiwan market: CHT,...

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Taiwan market: TWM launches sub-NT$4,000 own-brand smartphone

Taiwan Mobile (TWM) has launched a sub-NT$4,000 (US$135) own-brand smartphone, the Amazing A1, in the Taiwan market, setting a sales target of 100,000 units for the model. (read on…) Related items Taiwan market: CHT, TWM, FET set 2012 sales goals for tablet PCs, says report Taiwan market: Sub-NT$11,000 models to account for 40% of...

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Fitch downgrades Nokia debt rating to junk

Fitch ratings agency on Tuesday downgraded Nokia Corp.'s debt to junk status to reflect the company's poor first-quarter earnings and its uphill struggle to remain competitive. (read on…) Related items Fitch downgrades Nokia's debt rating to junk after first-quarter losses S&P downgrades Nokia's credit rating Nokia posts $1.2B loss as sales plunge Nokia shares...

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Fitch downgrades Nokia's debt rating to junk after first-quarter losses

By Matti Huuhtanen, The Associated Press HELSINKI – Fitch ratings agency on Tuesday downgraded Nokia Corp.'s debt to junk status to reflect the company's poor first-quarter earnings and its uphill struggle … (read on…) Related items Fitch downgrades Nokia debt rating to junk S&P downgrades Nokia's credit rating Nokia posts 1st-quarter loss of $1.2...

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Taiwan-based 2Q12 handset shipments to rise sequentially nearly 30%, says Digitimes Research

Taiwan-based ODM and own-brand makers will ship 20.22 million handsets in total during the second quarter of 2012, increasing 28.0% on quarter, according to Digitimes Research. (read on…) Related items Taiwan market: CHT, TWM, FET set 2012 sales goals for tablet PCs, says report Chunghwa Telecom Reports Consolidated Operating Results for the First Quarter...

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Webwire: KT lags behind rivals in LTE competition

KT lags behind rivals in LTE competition KT is lagging far behind rivals SK Telecom and LG Uplus in the race to grab customers for 4G services, losing around 12,000 customers to rival carriers during the first three months of this year. (read on…) Related items Chunghwa Telecom Reports Unaudited Consolidated Operating Results for...

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Nokia posts $1.2B loss as sales plunge

HELSINKI – Struggling cellphone maker Nokia Corp. blamed tougher-than-expected competition, particularly in the smartphone market, for a huge and#8364;929 million ($1.2 billion) net loss in the first three months of the year. (read on…) Related items S&P downgrades Nokia's credit rating Fitch downgrades Nokia debt rating to junk Nokia posts $1.2 billion loss as...

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Nokia Lumia 610 starts rolling out in Asia

ESPOO, FINLAND– – Nokia announced today that the Nokia Lumia 610,it's mostaffordable Lumia smartphone, has begun rolling out in Asia. It will go on salefirst in the Philippines in the final week of April, … (read on…) Related items Chunghwa Telecom Reports Consolidated Operating Results for the First Quarter of 2012 Nokia posts $1.2...

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Nokia Posts $1.2 Billion Loss as Phone Sales Tumble

Correction Appended (read on…) Related items Nokia posts $1.2 billion loss as sales plummet Nokia Windows 8 tablet rumours intensify Nokia Plans 4,000 Job Cuts to Shift Phone Assembly to Asia Nokia posts 2011 full-year loss Nokia Lumia 710 Windows Phone Starts Shipping, but Not Yet in the U.S.

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Nokia posts $1.2 billion loss as sales plummet

Struggling cellphone maker Nokia has suffered one of its worst quarterly results ever, blaming tough competition for a huge €929 million ($1.2 billion) net loss as sales plunged, especially in the smartphone … (read on…) Related items Nokia posts 1st-quarter loss of $1.2 billion as sales plunge amid tough competition Nokia Lumia 610 starts...

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Nokia posts 1st-quarter loss of $1.2 billion as sales plunge amid tough competition

By Matti Huuhtanen, The Associated Press HELSINKI – Struggling cellphone maker Nokia has suffered one of its worst quarterly results ever, blaming tough competition for a huge €929 million ($1.2 billion) … (read on…) Related items Nokia posts $1.2 billion loss as sales plummet Chunghwa Telecom Reports Consolidated Operating Results for the First Quarter...

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Light Reading – Telecom News, Analysis, Events, and Research

Even so, I think those people that are already writing off the handset maker and its software partner Microsoft Corp. (Nasdaq: MSFT ) are short-sighted. (read on…) Related items Nokia declining global share unfavorable to Taiwan handset supply chain makers Taiwan market: CHT, TWM, FET set 2012 sales goals for tablet PCs, says report...

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