mobile phones

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Qualcomm Aims at New Mobile-Chip Segment, Roiling Rivals

Don Clark, Reporter, The Wall Street Journal in News on February 21 at 1:35 pm PT

Qualcomm is already the biggest player in chips for mobile phones, with annual revenues topping $19 billion. Now it is invading another major chunk of the market, spooking investors in several other companies.

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Global Mobile Phone Sales Fell in 2012

Jens Hansegard, Reporter, The Wall Street Journal in Mobile on February 13 at 6:00 am PT

Global mobile phone sales declined by 1.7 percent in 2012, hit by tough economic conditions, shifting consumer preferences and intense market competition, industry research firm Gartner said Wednesday.

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Banks Make Smartphone Connection

Robin Sidel, Reporter, The Wall Street Journal in News on February 12 at 7:30 am PT

Americans are growing increasingly comfortable using their mobile phones to conduct basic financial transactions, sending banks racing to offer new technology that will cut down on costly customer-service calls and branch visits.

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Millions Improperly Claimed U.S. Phone Subsidies

Spencer E. Ante, Reporter, The Wall Street Journal in News on February 12 at 6:00 am PT

The U.S. government spent about $2.2 billion last year to provide phones to low-income Americans, but a Wall Street Journal review of the program shows that a large number of those who received the phones haven’t proved they are eligible to receive them.

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Nokia Pulls Dividend, Posts Profit

Sven Grundberg, Reporter, The Wall Street Journal in Mobile on January 24 at 4:22 am PT

Nokia Corp. on Thursday said it would scrap its dividend to buy itself more time to stage a turnaround, as it posted a return to profit in the fourth quarter following a string of losses.

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Sony Mobile to Cut 1,000 Jobs

Daisuke Wakabayashi, Reporter, The Wall Street Journal in News on August 23, 2012 at 5:30 am PT

Sony Corp. said Thursday it plans to cut some 15 percent of its mobile phone business’s workforce, or about 1,000 jobs, to reduce costs and accelerate its push into the growing smartphone market.

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Samsung Widens Handset Market Share Lead Over Nokia, Apple

Sven Grundberg, Reporter, The Wall Street Journal in Mobile on August 14, 2012 at 6:00 am PT

Samsung Electronics Co. widened its market share lead over rivals Nokia Corp. and Apple Inc. in the second quarter, research from Gartner showed Tuesday.

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Panasonic Posts Record Annual Net Loss

Daisuke Wakabayashi, Reporter, The Wall Street Journal in News on May 11, 2012 at 5:30 am PT

Panasonic Corp. said Friday its net loss in the fiscal fourth quarter grew more than tenfold from a year earlier, as ongoing struggles at its television operations and a tax-related charge pushed the Japanese electronics conglomerate to its biggest annual loss in its 77-year history.

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Microchip Demand Boosts ARM

Lilly Vitorovich, Reporter, The Wall Street Journal in Enterprise on April 24, 2012 at 4:00 am PT

ARM Holdings on Tuesday posted a strong increase in first-quarter revenue and profit, driven by demand for its microchip designs, and said annual revenue will be in line with market expectations.

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Nokia Posts Huge Loss

Arild Moen, Reporter, The Wall Street Journal in Mobile on January 26, 2012 at 4:01 am PT

Finland’s Nokia Corp., the world’s largest mobile-phone maker by volume, Thursday posted its third consecutive quarterly net loss, as handset sales dropped 29 percent on an annual basis.