Brexit | Mobiles365

Sony Mobile earnings tumble 34 percent, but cost-cutting means black ink

Posted on November 2, 2016 by Jules Wang

Sony ends its second fiscal quarter of 2016 on the down side with gross revenue sinking just under 11 percent and operating income down a whopping 48 percent. While a constant currency chart shows that sales were essentially flat year-on-year, the impact of Brexit has meant a very strong Yen — one US Dollar could get you up to ¥120 before, but only ¥104 now.

Even so, the poorest performing unit of the company was in Semiconductors and Components. It wasn’t “performing” poorly per se as it was battered by earthquakes rocking the company’s factories in Kumamoto, Japan. Accounting issues compound its numbers as Sony is offloading its batteries business.

Focusing on Mobile Communications, revenue dropped 34 percent in constant currency (39.6 percent in real terms) to ¥169 billion. There was operating income as opposed to a loss of ¥20.6 billion a year before. While ¥3.7 billion isn’t much to brag about, but it’s an impressive mix of cost-cutting and hedging money on foreign exchanges.

But that’s not to ignore that the Xperia X series phones haven’t been doing the jobs they’re supposed to be doing — making the company money. This is in spite of the company’s revised mission for mobile.

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Brexit waves hit HTC Vive price

Posted on July 29, 2016 by Jules Wang

Many products are suddenly more expensive in the United Kingdom. Companies are still responding to the rapid valuation change of the Pound Sterling, from Acer to Lenovo to OnePlus. Now, it’s HTC Vive’s turn for a ...

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Financial Times: ARM acquired by SoftBank for $31 billion

Posted on July 18, 2016July 18, 2016 by Jules Wang

United Kingdom-based ARM — the company that designs the processors at the heart of most every smartphone chipset much less many computers’ chipsets — has come to an agreement with Japanese telco

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What will Lenovo’s Brexit moves be? Tough and typical

Posted on July 8, 2016 by Jules Wang

The bookies can battle it out between Leadsom and May. Jeremy Corbyn can flip all the Labour tables he wants. And the Liberal Dems… well, never mind them. But until the political fallout from the public’s decision to exit the European Union has been actualized, it seems that companies will be riding the flux of uncertainty in the meantime.On a small scale, OnePlus has upped the price of its latest mobile flagship by £20. Larger companies like

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Nexus Smartwatches, Brexit Price Increases, and Apple manufacturing shakedowns? | Pocketnow Weekly 208

Posted on July 7, 2016July 7, 2016 by Juan Carlos Bagnell

Is Google working on a Nexus smartwatch? Brexit is already causing tech prices to climb in the UK! Can Apple maintain high profit margins in an increasingly competitive industry? These stories, plus we’ll be tackling your questions and comments, and get ready to vote for your favorite Pocketnow photog! Make sure you’re charged and ready for episode 208 of the Pocketnow Weekly!Watch the video broadcast from 2:00pm Eastern on July 7th (click

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Quick, get the OnePlus 3 before its UK price is hiked to £330 next Monday

Posted on July 5, 2016 by Adrian Diaconescu

Well, you had your warning, and all the time in the world to purchase the controversial but undoubtedly compelling OnePlus 3 smartphone at its launch price of £309 on British shores. You even get six more days to act on the deal of a lifetime, July 11 officially seeing the Brexit decision impact the appeal of one of the most affordable flagship ...

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Prepare for OnePlus 3 Brexit price hikes

Posted on June 29, 2016 by Jules Wang

Currency markets have taken their hardest gyrations in a long time thanks to the United Kingdom’s voting public expressing their desire to leave the European Union. The Pound Sterling has taken an 8 percent fall against the Dollar in the past few days, leading it to lows we haven’t seen since the mid-1980’s. The so-called Brexit vote has smartphone manufacturers worried, especially those with headquarters from London to Manchester. Maybe a move to Belfast, Glasgow or Ireland may ...

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Brexit to affect Samsung and LG business (Update: Acer too)

Posted on June 24, 2016June 24, 2016 by Anton D. Nagy

Update: DigiTimes is reporting that Acer, too, is expecting its operations to be affected by Brexit. The company’s CEO, Jason Chen, said that the recent UK vote in favor of leaving the EU will result in weaker demand in the European market, mostly due to “weakened consumer confidence and exchange rate fluctuations. However, how serious the impact may be remains to be seen”, he said.UK decided to exit the European Union after 51.9% of voters were in favor of Brexit. However, at least two ...

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