It no longer comes as a big surprise that HTC isn't capable of making money, losing more than ever over a three-month period that's generally very lucrative for tech manufacturers.
The post HTC lost a whopping $330 million during Q4 2017, with flat revenues compared to Q3 appeared first on Pocketnow.
Before it can return to quarterly profitability with Google's help, HTC's monthly income scores are still shrinking, and new Vive headsets will probably not help that much.
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LG lost another $192 million on smartphones during Q4 2017, nonetheless reporting all-time high overall annual revenues of $55.4 billion.
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If it wasn't abundantly clear, October revenue confirms 2017 has been a bad year for HTC following half a decade already of constant financial decline.
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LG's mobile division is expected to post its tenth consecutive quarter loss for the July - September 2017 timeframe, despite solid overall company profits.
The post LG probably made more money during Q3 2017 than last year, no thanks to smartphones appeared first on Pocketnow.
Lenovo is still hoping for mobile industry relevance after selling a total of 11 million own-brand and Motorola smartphones between April and June 2017.
The post Lenovo touts 11 million smartphone shipments for the last quarter, 3 million Moto Z sales within a year appeared first on Pocketnow.
Despite relatively strong HTC U11 sales, the company's overall Q2 2017 financial report doesn't look so hot, with a quarterly loss of USD 72 million.
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As attractive as we found it, the LG G6 simply didn't sell well during Q2 2017. But the company's home appliances and TVs were profitable enough.
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Instead of helping LG's smartphone division finally yield a quarterly profit, the G6 contributed to bigger losses and lower overall earnings.
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LG is quick to single out the very weak-selling G5 as the culprit of the company's big overall Q4 financial losses, but that's not entirely fair.
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Is the worst finally behind HTC from both financial and creative standpoints now that the Taiwanese device manufacturer enjoys “continued” sales momentum for the Vive VR headset, with Google Pixels warmly received by Android purists, and a potentially ...
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A “measly” $1 billion? As much as $17 billion? Just the $2.3 billion shaved off Samsung’s estimated operating profits for Q3? How about a “middling” $5.3 billion spread out over three quarters, through March 2017?That’s probably a reasonable ...
The post Samsung estimates direct and indirect Galaxy Note 7 losses at $5.3 billion through Q1 2017 appeared first on Pocketnow.
Remember when the first Galaxy Note 7 recall was estimated to cost Samsung roughly $1 billion, which Koh Dong-Jin, the tech giant’s mobile division president, deemed a “heartbreaking amount”?It turns out those were still the days for the world’s most popular smartphone vendor, which somehow managed to offset initial losses incurred by the explosive …
The post Forget $1 billion, Samsung could lose as much as $17 billion on terminated Galaxy Note 7 sales appeared first on Pocketnow.
Confirmed reports of Sony looking to dispense with its long-lived, once leading-edge but no longer successful and profitable battery business sounded like bad news not just for the conglomerate’s components and semiconductors departments.Other flagging divisions, including mobile communications, aka smartphones, could be in danger, as Sony stops relying on perennially prosperous gaming, home ...
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