Phone business

In Korea, banks are getting into the telephone business

Promotional image of Toss Bank announcing the acquisition of Merchant Korea by Viva Republica [VIVA REPUBLICA] Banks are getting into the mobile phone business to harvest more data from customers and keep customers on their apps. They enter telecommunications as mobile virtual network operators (MVNOs), which lease capacity from carriers and offer discounted telecommunications services. […]

Phone business

Samsung’s phone business explodes in Japan with highest share in 10 years

Last Updated: Jun 10, 2022 12:53 UTC+02:00 Japan has always been a difficult market for Samsung smartphones. Apple dominates the landscape and local manufacturers like Sharp also have strong positions. There was even a time when the Korean giant sold its smartphones in Japan without the Galaxy branding. Things seem to have turned around for […]

Phone business

Report – The Mobile Indian

Samsung is one of the biggest smartphone makers in India not only in the mid-range, budget and flagship segments but also in the feature phone space. However, it looks like the brand is now considering phasing out of the high-volume but low-value feature phone business in India. A report from Economic Times suggests that Samsung […]

Phone business

Samsung plans to exit India phone business

Samsung plans to phase out the high-volume but low-value feature phone business in India, with the last batch of devices for the country to be manufactured by a contract manufacturing partner Dixon in December, people familiar with the matter said. The Korean major is believed to be focusing its energies on higher price points, with […]

Phone business

Best mobile phone protection credit cards in 2022

Breaking your phone — or having it stolen — is a terrible experience, particularly given the high repair and replacement prices. While some cellular carriers and insurance firms sell mobile phone insurance, the rates may be costly. If you want to keep your phone safe but don’t have enough money to pay for it, there […]

Phone business

LG’s phone business is dead, but its phones are still getting Android 12

Despite his departure from the smartphone sector Last yearLG is rolling out Android 12 security patches and updates to some of its devices. The company released a roadmap outlining software updates planned for the second quarter of this year. The Q52, Velvet, and Wing will receive the latest security patches while the Q92 5G, V50 […]

Phone business

Chinese electric vehicle maker Nio is getting into the mobile phone business, report says

A Nio ET7 electric vehicle is seen during a media day at the Auto Shanghai show in Shanghai on April 19, 2021. [Photo/Agencies] Chinese electric car startup Nio is making breakthroughs in mobile phones and has hired former MeituKiss phone brand president Yi Shuijun to lead its mobile phone business team, the platform said on […]

Phone business

Pixel 7 leaks show Google finally has consistent phone business

Enlarge / Here is the Pixel 7 Pro. It looks like the Pixel 6. The Pixel 6 is only a few months old, but the first leaks of the Pixel 7 designs have come out. Google seems to have sent the CAD files to the case manufacturing industry recently, since Steve Hemmerstoffer (aka OnLeaks) and […]

Phone business

Chinese automaker Nio is getting into the phone business, hiring ex-MeituKiss chief to take the course

(Yicai Global) Feb. 23 — Chinese new-energy vehicle maker Nio is entering the smartphone business for the first time and has reportedly hired a key person from software and hardware developer Meitu to lead its efforts. Yin Shuijun, former chairman of phone brand MeituKiss, has joined Nio to oversee the automaker’s smartphone business, news outlet […]

Phone business

NIO said to start a phone company

Beijing (Gasgoo)- Chinese electric vehicle startup NIO plans to foray into the mobile phone segment, according to a user on Twitter, like Weibo. The project, which is said to be at the initial stage, is recruiting and the workplace is in Shenzhen. Photo credit: NIO Probably, the Chinese company will not tag the phone with […]

Phone business

Rising Costs, Depreciation of Rupee Affecting Mobile Sector

KARACHI: Local dealers, importers and mobile phone mechanics are suffering huge losses due to rising costs of imported mobile parts, depreciation of the rupee and lack of domestic parts manufacturers. As countries around the world strive to advance and manufacture in the field of technology and computing; self-sufficiency and becoming a manufacturing base remains a […]

Phone business

Smart device brand OPPO unveils foldable flagship phone

LAHORE: A leading global smart device brand unveiled its foldable flagship phone, Oppo Find N during INNO Day 2021 here on Thursday, saying the phone was perfectly crafted after four years of research and six generations of prototypes until it meets company standards. “The phone we introduced today is OPPO’s first foldable phone. As experienced, […]

Phone business

Samsung MX is the new name for the company’s phone business, CES 2022 keynote announces

Days after announcing the merger of Samsung Mobile Communications, its phones and tablets division, into a larger consumer electronics department, Samsung announced that it was renaming it as well. From now on, Samsung’s phone manufacturing business will be called Samsung MX, for Mobile Experience. The move takes effect immediately, on December 10, and the new […]

Phone business

5 companies that left the mobile industry and which ones you should still consider

Believe it or not, there was a time when all the other cellphones seen in public spaces like city centers and bus stations weren’t Apple or Samsung branded handsets. Over the years, many companies have tried their hand at making mobile phones, if not always with success. Here are some examples of companies that were […]

Phone business

LG says goodbye to its telephony business and definitively stops the production of smartphones

LG Electronics pulled its smartphones from production lines earlier on Monday, according to a report. STRONG POINTS LG has reportedly stopped manufacturing phones at its facilities. This marks an important step in winding down the company’s phone business. LG previously said it would continue to offer software support for phones for up to three years, […]

Phone business

Cable companies are making their presence felt in the cellular sector

The fastest growing U.S. cellphone carriers are not telephone companies, but rather cable TV providers, reports the Wall Street Journal. Currently, more than five million Americans pay for their cell phone service through their cable companies. Low prices, the possibility of adjusting phone plans without difficulty and flexibility have been key factors in this trend. […]

Phone business

Huawei bets more on cars as phone business declines

Wang Jun, president of Huawei’s IAS business unit, speaks at the launch of the new product in Shanghai on Sunday. Photo: courtesy of Huawei Chinese tech giant Huawei Technologies Co launched a series of smart car components and solutions on Sunday, including a 4D imaging radar, another foray into the vehicle sector that analysts say […]

Phone business

LG exits mobile phone business l KBS WORLD

ⓒ Yonhap News LG Electronics has decided to shut down its smartphone business, 26 years after the company began producing cellphones with the “Hwatong” brand in 1995. Although LG has attracted cellphone users with various successful products, it has not been able to fully adapt to market developments in the era of smartphones, without succeeding […]

Phone business

LG promises three years of Android updates despite exiting phone business

LG has announced that it is committed to releasing future updates to the Android operating system on many of its smartphones, although it confirmed earlier this week that it will be exiting the phone business altogether. Velvet, Wing, and G and V series phones from 2019 or later are expected to receive three Android updates […]

Phone business

Why LG is leaving the mobile phone business

In the late 1990s and early 2000s, every electronics manufacturer worth their salt was making cell phones. Mobiles were no longer an expensive business accessory, but an essential consumer good and there were huge opportunities in a market that could accommodate many entrants. Much of the innovation was hardware-centric, and the period saw rapid advances […]

Phone business

10 companies that hung up on the mobile phone

As technology advances and competition intensifies in the mobile phone industry, many manufacturers who were once major players have either reduced their operations to reduce losses or exited the business altogether. Some companies have chosen to focus on their core businesses while others have turned to emerging businesses such as electric vehicles and connected devices. […]

Phone business

LG to shut down mobile phone business

LG announced the closure of its mobile phone business, still number 3 in terms of sales in the United States. The company will sell its existing inventory of phones such as the LG Stylo 6, LG Wing and LG Velvet, while continuing to provide support and software updates “for a period that will vary by […]

Phone business

It’s official! LG abandons the mobile phone market

LG officially announced this morning that it is leaving the mobile phone business. The company said it would still be looking to offload its inventory of handsets. It will also offer service support and software updates for its existing devices which will last for a certain period of time depending on the region. The decision […]

Phone business

LG quits mobile phone business

South Korean vendor LG Electronics confirmed speculation it is to close its mobile phone business, after suffering years of declining market share and huge competition from the likes of Apple and Samsung. In a statement today (5 April), the company noted its decision will enable it to focus resources on its other technology businesses “such […]

Phone business

LG officially closes its global mobile phone business

As widely rumored over the past few weeks, LG today officially announced the closure of its mobile division. Software updates and support for existing smartphone owners will continue for a “period of time”. Following this “strategic decision” approved by the board of directors earlier today, the company is focusing on electric vehicle components, connected devices, […]

Phone business

Huawei seeks IoT growth as phone business suffers – TechCrunch

Huawei’s struggles amid U.S.-China trade tensions have it looking for opportunities in other smart devices, pitting it against a slew of hardware makers at home and abroad. The Chinese tech giant reported weak revenue growth in 2020, climbing just 3.8% to 891.4 billion yuan ($136 billion), as its net profit rose 3.2% to 64.6 billion […]

Phone business

LG is looking to shut down its phone business instead of selling it, report says

The LG Rollable was unveiled at CES 2021. LG LG plans to shut down its mobile phone arm, Korean news site DongA reported over the weekend. The business would be closed rather than sold, the report said, citing an unnamed source, who said negotiations for a sale to Volkswagen and Vingroup JSC had stalled. This […]

Phone business

How to remotely access your computer from your phone

The use of desktop computers has declined in recent years, with many people adapting to more mobile solutions such as laptops and tablets. However, desktop computers are still necessary in work environments and certain professions. Therefore, you may need to access your PC through your mobile device. This is especially true if you work from […]

Phone business

From first to sixth: Huawei’s phone business goes bankrupt thanks to US sanctions

Enlarge / A live visit to Huawei headquarters. Trade war! United States vs. China See more stories US sanctions against Huawei are really taking hold. A new report from Canalys Research shows that Huawei slipped to sixth place for global phone sales in the fourth quarter of 2020, a dramatic drop from its top spot […]

Phone business

LG wants to sell its phone business to a Vietnamese manufacturer

LG could leave the smartphone business and is already in talks with potential suitors to buy its unit. After yesterday’s reports on LG’s internal memo notifying employees of this step, Korean dailies today report that the company may sell the smartphone segment to a Vietnamese conglomerate, VinGroup. According to Business Korea, VinGroup has the most […]

Phone business

LG shakes up loss-making phone business to outsource low-end models

FILE PHOTO: A man walks past an LG logo at the Mobile World Congress in Barcelona, ​​Spain February 27, 2018. REUTERS/Sergio Perez SEOUL (Reuters) – LG Electronics on Monday said it had reorganized its mobile phone division to increase outsourcing of its low-to-midrange smartphones, which analysts said was an attempt to cut costs and compete […]

Phone business

Huawei sells Honor phone business as US sanctions bite

HONG KONG—China’s Huawei Technologies Co. has moved to shore up its US sanctions-damaged business by selling off-price smartphone brand Honor to a state-run consortium. The Chinese telecommunications company announced on Tuesday that it will sell Honor to a new company that records show is majority-owned by a government unit in Shenzhen, the southern Chinese city […]

Phone business

Huawei sells Honor’s phone business to ‘ensure its own survival’

The Honor’s View 20 phone, released in 2019, is selling in the UK, Europe and other countries outside of Asia. Angela Lang/CBS Huawei is considering selling the Honor smartphone unit to a consortium of buyers in a bid to ensure its survival amid crippling US sanctions, according to a statement late Monday. “The acquisition represents […]

Phone business

Flipkart re-enters the mobile industry with the MarQ brand

Forme Communications Technology and Advantage Computers India are the two companies that will manufacture these smartphones This comes after Flipkart entered the smartphone segment in 2017 with the launch of its own mobile, Billion Capture+ under the Billion brand. In 2018, Flipkart’s private brand MarQ launched air conditioners and smart TVs under its private brand […]

Phone business

Huawei’s phone business would be decimated without Google’s Android

Sunday night’s news that Google would comply with a US government executive order and suspend business with Huawei is one of the most dramatic moments in Android history. Huawei, China’s most prolific smartphone vendor, had started 2019 with explosive double-digit growth and was on track to eclipse Samsung as the world’s top phone maker by […]

Phone business

GameStop exits mobile phone business and pockets $700 million

GameStop Corp is selling its Spring Mobile business, which owns and operates 1,289 AT&T wireless stores, to Prime Communications, LP for $700 million. The move allows the retailer to focus on its core strength of video games and collectibles. GameStop’s Board of Directors, in conjunction with outside financial advisors, is undertaking a comprehensive review of […]

Phone business

Nokia is preparing a big comeback in the telephony sector

This brand you like will come back in style. May be. Today, Nokia announced that it will license its brand to a new Finnish company founded by former Nokia executives. The company, Global HMD, plans to use the Nokia brand to sell Android phones and tablets. Meanwhile, Microsoft, which acquired Nokia’s line of handsets in […]