Nokia posts loss of $832 million in third quarter

(AP) -- World-leading mobile phone maker Nokia Corp. on Thursday reported a loss of euro559 million ($832 million) in the third quarter, taking hits from a 20 percent drop in sales and a one-time charge for the fallen value ...

Android trumps Apple in smartphone sales

Google's Android mobile system boosted its lead in the global smartphone market over Apple in early 2013, while Microsoft's Windows edged into third place, a survey showed Thursday.

Ericsson reports profit leap, shares slump

Swedish telecom equipment maker Ericsson reported Thursday a 65 percent jump in second quarter net profit on strong sales but this still fell short of expectations and its shares slumped.

Mobile sales to fall 0.7 percent this year: Gartner

Worldwide sales of mobile devices are expected to decline by nearly 0.7 percent this year and pick up again next year with nine percent growth, Gartner research group said Tuesday.

Samsung tips record Q4 operating profit of $4.5bn

Samsung Electronics said Friday it expects a record operating profit in the fourth quarter of 5.2 trillion won ($4.5 billion), 73 percent up year-on-year thanks mainly to strong smartphone sales.

Smartphone makers challenged by China 'saturation'

A cooling of smartphone sales in China suggests the world's biggest market for the devices has reached a saturation point, posing challenges for manufacturers, a research report said Thursday.

Apple files with India government to open first stores

Apple said Wednesday it has asked the Indian government for permission to open its first stores in the country, paving the way for its feted brands to join the fast-growing smartphone market.

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