LONDON (Reuters) – Imagination Technologies has downgraded its forecast for shipments of chips containing its graphics and video technology because of lower than expected sales of top-end smartphones.
Shares in the British group, the technology of which is used in Apple’s iPhone, fell to a three-week low after it updated the market on Thursday. They were trading down 8.3 percent at 172.2 pence by 1222 GMT (7:22 ET), the biggest faller on the mid-cap index.
LONDON, March 6 (Reuters) – Inmarsat Plc, the
satellite company building a new global network, said it
finished 2013 with an upturn in its core maritime, aviation and
land services business, giving it momentum for faster growth in
the next two years.
The British group, which provides communications to
shipping, aircraft and remote locations, reported revenue growth
of 5.4 percent in its core Global MSS business to $194.3 million
in the fourth quarter, beating market expectations by 4.5
BARCELONA, Feb 27 (Reuters) – Originally derided as a pricey
niche product for geeks, tablet computers have become so common
that supermarkets are now selling their own brands, pushing out
The shifting nature of the market underscores how millions
of people are choosing simpler devices to surf the web, send
emails and shop, putting pressure on traditional PC companies.
BARCELONA, Feb 27 (Reuters) – Anglo-Dutch business
information provider Reed Elsevier said it was
confident that 2014 would be another year of growth after it met
expectations with a 7 percent rise in earnings last year.
Reed Elsevier, which competes with Thomson Reuters,
is moving more of its content to digital platforms, where data
can be more easily organised, searched and analysed.
BARCELONA, Feb 26 (Reuters) – The mobile phone industry is
now looking to the fast-growing demand for smartphones priced at
$100 or below as the market for fancier high-end devices has
become saturated, but not all handset makers are able or willing
to trade down.
Much of the talk this week at the Mobile World Congress in
Barcelona, the industry’s biggest annual trade fair, has turned
from the latest big screen, premium-priced devices to the new,
entry-level smartphones that analysts say now overwhelmingly
represent the industry’s best hope for growth.
BARCELONA/TORONTO (Reuters) – BlackBerry Ltd (BBRY.O: Quote, Profile, Research)(BB.TO: Quote, Profile, Research) unveiled a new, cheaper touchscreen smartphone and a “classic” model with a keyboard on Tuesday, as it tries to stem losses and win back once-devoted security-conscious business and government users.
The news, coupled with more details about the company’s strategy in its services business, helped send shares in BlackBerry surging more than 9 percent.
BARCELONA, Feb 25 (Reuters) – BlackBerry Ltd
unveiled a new, cheaper touchscreen smartphone and a
“classic” model with a keyboard on Tuesday, as it tries to stem
losses and win back a once devoted following by
security-conscious business and government users.
The Z3 smart phone, which is to be priced at under $200, is
being built under a partnership deal with FIH Mobile Ltd
– the Hong Kong-listed unit of Taiwanese electronics
BARCELONA, Spain (Reuters) – Samsung Electronics unveiled a new smart watch and fitness band along with the latest version of its Galaxy smartphone on Monday, demonstrating how the battleground for innovation is shifting from the hand to the wrist.
The world’s biggest smartphone maker set a trend less than six months ago for wearable devices that link to mobile handsets with its Galaxy Gear watch, which has seen rivals like Sony and Huawei follow in its wake.
BARCELONA (Reuters) – Nokia, soon to be acquired by Microsoft Corp, is turning to software created by arch-rival Google for a new line of phones it hopes will make it a late contender in the dynamic low-cost smartphone market.
Its first model, the Nokia X, will rely upon an open version of the Android mobile software system created by Google that has become the world’s most popular software used in smartphones.
BARCELONA (Reuters) – Microsoft Corp is pushing to reach a far wider audience for smartphones running its Windows Phone software by turning to cheaper chipsets and easing restrictions on how phone makers use its software to encourage them to drive down costs.
Nick Parker, Microsoft’s senior vice president for handset makers, said the changes have attracted a range of new handset makers to build Windows Phones, including South Korea’s LG Electronics, India’s Xola and Karbonn, and ZTE, Foxconn, Lenovo, Gionee and Longcheer.