AFP – Mobile phone giants are going beyond their traditional role as handset makers by offering entertainment and lifestyle content to help grow revenues amid tough competition, analysts say.
Samsung today announced a major restructuring, streamlined its businesses into two major groups as the company deals with the slowing global economy.
Samsung CEO Lee Yoon-Woo will oversee a new Device Solution division combining the semiconductor and LCD businesses. The company also plans a Digital Media and Communications division to be headed by Choi Gee-Sung, bringing [...]
Mobile phone maker Sony Ericsson said on today it fell further into the red in the fourth quarter with a net loss of $245 million, with sales slumping 22 percent due to the financial crisis.
The company reported the net loss for the October to December period compared with a year-earlier profit of $496 million.
Despite the [...]
Reuters – Nokia, the world’s top mobile phone maker, plans to roll out its unlimited music service in Australia and Singapore later this quarter and is eyeing further expansion in Europe and the United States.
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