MUNICH, Germany-BenQ Mobile announced plans to cut up to 10 percent of its German workforce in an attempt to bolster profitability as it moves ahead after merging with Siemens AG's handset division last year. The handset vendor said it plans to provide additional details...
MUNICH—BenQ Mobile announced plans to cut up to 10 percent of its German workforce in an attempt to bolster profitability as it moves ahead after merging with Siemens AG’s handset division last year. The handset vendor said it plans to provide additional details on...
As the idea of a combined Alcatel Inc. and Lucent Technologies Inc. settles in, Nokia Corp. and Siemens AG skated into the wireless infrastructure marketplace with plans to combine Nokia's Networks Business Group with Siemens' fixed and mobile networks operations. The 50-50 joint venture...
The good news is that about 80 percent of the world's population is covered by wireless networks, and only about one-quarter of those actually subscribe to a wireless service, which means emerging markets offer opportunities for handset vendors to grow market share and, possibly,...
SANTA CLARA, Calif.—Intel Corp. is rumored to be exploring the sale of its communications chip business as it seeks to slim down its operations and focus on its leadership position in microprocessors for personal computers. Intel today said that it had announced in April...
Motorola Inc.'s announcement last week that it plans to acquire a Danish research-and-development facility and team of product-development engineers appeared routine at first blush: global juggernaut rolls up modest facility and team to bolster its continuing momentum toward worldwide market domination. Whatever. But a...
LIBERTYVILLE, Ill.—Motorola Inc. flexed its muscles today in acquiring the research and development capabilities from a small competitor—the second time Motorola has done so in less than a year. Motorola said it plans to buy one of BenQ Mobile’s research-and-development centers and its 250...
MUNICH, Germany—Siemens AG announced plans to cut about 1,000 jobs in Germany from its largest division, Communications. The wireless and wireline telecommunications equipment unit has struggled to rake in profits in the face of biting competition that has forced equipment vendors to lower their...
MUNICH, Germany—Taiwanese handset maker BenQ Corp. reported disappointing first-quarter results, including handset shipments of 7 million units, a 39.6-percent drop from the 11.1 million units the company shipped in the fourth quarter of 2005.Management blamed the drop in handset sales on the retirement of...
The signature letters in LG Electronics Co. Ltd.'s name, back at the dawn of time when the company formed in 1958, stood for Lucky Goldstar. Whatever connotations that name might have once had undoubtedly would be lost on mobile-phone consumers in the United States...
The squeeze is on, the stakes are high and the options few. Second-tier handset makers-their exact numbers globally are unclear, but there may be more than 100 players-are scrambling to survive, let alone thrive, as the top six vendors increased their market share last...
In the wireless universe, one outstanding fact about India trumps its ancient history, heterogeneous society and complex political and economic mix: With more than 1 billion people, India is the second-most-populous country in the world, and with rising prosperity, its citizens are buying wireless...
BOGOTA, Colombia-A national survey of Colombian wireless users found Nokia Corp. dominating the South American country's mobile handset market, which despite its modest size-at 43 million in population, the world's 30th largest country-provides a glance at a rapidly growing emerging market and battleground for...
BOGOTA, Colombia—A national survey of Colombian wireless users finds Nokia Corp. dominating the Latin American country’s mobile handset market, which despite its modest size—at 43 million in population, the world’s 30th largest country—provides a glance at a rapidly growing emerging market and battleground for...
MUNICH, Germany-BenQ Corp. reported a larger-than-expected net loss of $185.6 million for the fourth quarter of 2005, which the company attributed to revamping its product portfolio. The company also recorded a $30.8 million write-off of low-end Siemens handsets it inherited after the Taiwanese firm's...
MUNICH, Germany—BenQ Corp. reported a larger-than-expected net loss of $185.6 million for the fourth quarter of 2005, which the company attributed to "revamping" its product portfolio. The company also recorded a $30.8 million write-off of low-end Siemens handsets it inherited after the Taiwanese firm’s...
HANNOVER, Germany-BenQ Mobile appeared to be fulfilling its promise of creating intriguing handsets in a nimble timeframe, as it presented six new multimedia phones at last week's CeBIT trade show in Hannover, Germany. The new phones bring BenQ's total number of new handset models...
HANNOVER, Germany—BenQ Mobile appeared to be fulfilling its promise of creating intriguing handsets in a nimble timeframe, as it presented six new multimedia phones at the CeBIT trade show in Hannover, Germany this week. The new phones bring BenQ’s total number of new handset...
With a new venue, La Fira Barcelona, and more than 50,000 attendees, this year's 3GSM World Congress combined old and new in a splendid way-and showed once again that the more things change, the more they stay the same.The industry picked up a few...
Telecom equipment vendors posted fiscal first-quarter results and watched their stocks react accordingly. Thanks in part to a $278 million bankruptcy lawsuit ruling, Lucent Technologies Inc. posted a first-quarter net loss of $104 million, or 2 cents per share.The telecom equipment maker said the...
The handset market enjoyed another solid quarter, with Motorola Inc., Samsung Electronics Co. Ltd. and Sony Ericsson Mobile Communications L.P. giving thanks for a rosy holiday shopping season. "We expect a robust 4Q handset market to benefit both Motorola and Nokia," wrote Ittai Kidron...
BERLIN-In an announcement showing that the company is not to be forgotten, BenQ Mobile unveiled its new consumer mobile phone brand: BenQ-Siemens. The launch coincides with the release of the company's first phones carrying company's the new logo. Taiwanese electronics manufacturer BenQ Corp. last...
MUNICH, Germany-Siemens AG reported its fourth-quarter results, posting a net profit of $90.6 million, which was an 88 percent decline compared with the year-ago result of $767.3 million.Profits dwindled in the company's Communications division, which brought in only $62.2 million in revenues during the...
The world's largest handset makers enjoyed generally plentiful profits and solid shipment numbers in the third quarter, but investors heard a few sirens of caution. Specifically, market-leader Nokia Corp. alarmed Wall Street with its reliance on sales of low-end, inexpensive handsets-and predictions that it...
