The New York Times reported that Motorola Mobility is planning to cut down its workforce by twenty percent and shut down almost a third of its offices all over the world.
According to the new Chief Executive of Motorola, Dennis Woodside, as the company is planning to go out from unprofitable markets, end the making of low-end devices and gadgets, and just focus on a small quantity of cellular phones instead of dozens, they will be cutting off their workforce. One-third of the four thousand jobs will be coming from their departments in United States.
The company also plans to . . . → Read More: Motorola Mobility to cut off its workforce and offices by 20%
MetroPCS is promoting the first ever phone that can receive local TV signals, most likely providing TV stations some relevance in the age of the smartphone, which is in time for the London Olympics 2012.
The fifth largest cellphone company in the country, MetroPCS Communications Inc., began selling the Samsung Galaxy S Lightray 4G for only $459 on Friday. The smartphone is characterized with a built-in, extendable antenna, which is capable to receive special TV signals, transmitted from regular TV towers for reception through small gadgets like cellphones. The phone will cost you by about $200 more compared to its . . . → Read More: MetroPCS discloses the first ever smartphone with TV tuner
The smartphone maker in Taiwan, HTC Corp., reported on Friday that there is a fifty-eight percent fall in its second quarter revenue. This is the third straight quarterly decline of the company at the same time as there is an intensifying competition of sales from Apple Corporation and Samsung Electronics Co.
According to HTC, their profit came to 7.4 billion New Taiwan dollars or $248 million from the profit of NT$91 billion within the three several weeks through June. It has reported a seventy percent decline by the very first quarter along with a twenty-six percent drop by the final . . . → Read More: HTC revenue on a lower rate
A surprise loss was reported by the Japanese gaming giant Nintendo, hit by weak sales of its new 3DS handheld game player.
A net loss of 25.5bn yen for the April to June quarter, which is equivalent to $324m, £201m, was reported by the company compared with a loss of 25.2bn in the previous year.
Nintendo now expects a net income of 20bn yen, losing 82% from its previous estimate for the year to March 2012.
The cost of the 3DS console was slashed sharply in Japan and the US.
. . . → Read More: Weak 3DS Console Sales Affect Nintendo Revenue
Microsoft’s search engine named Bing will give English-language search results for Baidu, the biggest search engine of China, according to the announcement of the company.
More features of the agreement, including its financial terms, were not revealed.
The progress pursues choice of Google in the previous year to pull its search engine from mainland of China, following a high-profile dust-up over censorship of search results. The Google.cn page currently redirects visitors to Google’s Hong Kong search site when they try to enter terms into the search bar.
Baidu holds about 80% of the . . . → Read More: Biggest Chinese Search Engine, to be Powered by Microsoft’s Bing
New information said that smartphones account for the majority of the latest mobile phone purchases in the United States.
According to newest US data of Nielsen covering the month of May 2011, 38% of the entire US mobile phone owners currently have a smartphone, with iPhone of Apple having revealed the most increase in current months.
In United States, 55% who bought a latest handset in the previous three months stated purchasing a smartphone rather than a feature phone up from 34% a year ago. Android goes on to be the most well-liked smartphone operating . . . → Read More: Smartphones Now Rule the US Markets