HELSINKI (Reuters) – Korea’s Samsung Electronics Co Ltd(005930.KS: Quote, Profile, Research) ended Nokia Oyj’s(NOK1V.HE: Quote, Profile, Research) 14-year leadership of the global cellphone market in the first quarter of the year, outselling the struggling Finnish handset maker for the first time ever, according to a Reuters poll of analysts.
The poll showed analysts on average expect Samsung to have sold 88 million cellphones in January through March, surpassing the 83 million which Nokia sold in the quarter.
HELSINKI (Reuters) – Ailing mobile phone maker Nokia (NOK1V.HE: Quote, Profile, Research, Stock Buzz) warned its phone business would post losses in the first two quarters this year, as it struggles to revamp its product line to compete with rivals Apple (AAPL.O: Quote, Profile, Research, Stock Buzz) and Samsung (005930.KS: Quote, Profile, Research, Stock Buzz).
Earlier on Wednesday, the company said it had found a software bug in the new Lumia 900 smartphone, its big hope to take on Apple’s iPhone, and was effectively giving the model away until it is fixed.
HELSINKI, April 11 (Reuters) – Nokia has found a
software bug in its Lumia 900 smartphone, its answer to Apple’s
iPhone, and is effectively giving the model away until it is
fixed, blunting its bid to turn around its fortunes in the
Nokia’s first 4G phone, which it markets with the strapline
“an amazingly fast way to connect”, can occasionally lose its
data connection as a result of the bug, Nokia said.
HELSINKI, April 11 (Reuters) – Struggling cellphone maker
Nokia on Wednesday disclosed a software bug in its
new flagship Lumia 900 model, dealing a setback to its ambitions
to re-enter the U.S. smartphone market.
Nokia lost smartphone market dominance to Apple and
Google in part due to its weak performance in the
United States and the Lumia 900, which uses Microsoft’s
Windows Phone software, is a key component in its comeback bid.
HELSINKI (Reuters) – Encouraged by the unexpected success of their homemade film spoofing Star Trek, Finnish filmmakers Samuli Torssonen and Timo Vuorensola decided to create a bigger-scale, sci-fi comedy about Nazis living in space.
With little money or professional staff, the two asked fans for help and received 1 million euros ($1.31 million). That, in turn, convinced German and Australian investors to offer several million more.
April 2 (Reuters) – Former Acer Chief Executive
Gianfranco Lanci was appointed on Monday as chief of Lenovo’s
operations in Europe, Middle East and Africa, and said
he aims to break into the top three in the region by next year.
Lanci said in a statement he sees the rise of tablet
computers and other gadgets such as thin Ultrabooks, creating
many new opportunities for Lenovo.
BEIJING/HELSINKI (Reuters) – Nokia will start to sell a new range of smartphones using Microsoft software in China from April, seeking to claw back market share it has seen gobbled up by Apple and Samsung in the past year.
China has become one of the hottest growing markets for smartphone makers, with Apple Chief Executive Cook also visiting Beijing at the same time for talks with government officials amid problems for the firm ranging from labor issues to a contested iPad trademark.
March 26 (Reuters) – Apps, apps, apps! That is the main
challenge that Microsoft and Nokia, who
are trying to claw back marketshare from Apple Inc’s
iPhone and Google’s Android in the red hot smartphone market,
And so far the going does not look too good for the
challengers and their warhorse Windows Phone platform.
HELSINKI/FRANKFURT (Reuters) – Nokia Siemens on Friday reached a deal with German unions to cut 1,600 jobs in Munich, part of the telecom equipment maker’s ongoing restructuring program, which includes 17,000 job losses globally.
The company, formed by Nokia and Siemens in 2007, said last November that it wanted to cut a quarter of the group’s workforce as it struggles to make a profit amid fierce pricing competition from Chinese rivals and Sweden’s Ericsson.
HELSINKI (Reuters) – Google Inc’s Chrome web browser overtook Microsoft Corp’s Internet Explorer (IE) to become market leader globally for the first time last Sunday, web analytics firm StatCounter said on Wednesday.
“While it is only one day, this is a milestone,” said Aodhan Cullen, StatCounter’s chief executive.