Sentences with phrase «handset business»

Sales of its smartphones peaked a few years back and since then the company has been losing money in the mobile handset business.

His goal right now is to stabilize the money - losing handset business, and he said on the call that he would be happy to just break - even on hardware.

Previously Vice President of Handset Business at Huawei, Bruce Lee, confirmed the chipset would be included in the Mate 10, and if that's the case we can safely assume it'll also be in the Huawei P11 as well.

The search company failed in a prior attempt to go it alone in the phone business, selling off its Motorola handset business in 2014, less than two years after buying it.

In September, BlackBerry reported a profit, on an adjusted basis, from its struggling handset business for the first time in five quarters.

Moreover, in the total workforce reduction, the company is set to cut as many as 12,500 jobs from Nokia handset business.

In the deal for the Motorola handset business, Lenovo will pay $ 660 million in cash, $ 750 million in Lenovo ordinary shares, and another $ 1.5 billion in the form of a three - year promissory note, Lenovo and Google said in a joint statement.

BlackBerry Ltd. said on Tuesday it will stop making its Classic model, raising further doubts about the future of the smartphone pioneer's money - losing handset business as the company shifts its focus to software.

Despite modest pickup in some regions, that operating system, BlackBerry 10, failed to gain sufficient market share to turn the company's handset business profitable.

While BlackBerry may be out of the smartphone handset business, the company also knows how to do security software, and not only for connected devices.

Following that statement and an April 10 - Q filing that included some serious warnings about the future of the phone handset business Microsoft bought in 2014 for $ 7.2 billion, a number of company watchers predicted Microsoft might write off some or all of its Nokia acquisition.

No, not the dead actor and martial arts expert, but rather Huawei's living Handset Business VP.

Byond has recently entered the Indian handset business with a bang with few noted products that brings unique features with them.

In response to the comments by Heins, Canada's Industry Minister Christian Paradis told Reuters earlier this week that Canada may even go to the extent of reviewing a sale of RIM's handset business if such a deal was proposed.

Does Microsoft's $ 7.2 billion purchase of Nokia's handset business make the idea of splitting Microsoft into separate devices and services organizations any easier or smarter?

The goal is to make BlackBerry's handset business cash - flow positive through the Foxconn agreement, with hopes of returning to a profit in fiscal 2016, Chen said.

This is stark contrast to its previous handset business which in its heyday manufactured more phones than any other company in the world and employed tens of thousands.

In a brief telephone interview, he vowed to rebuild the Canadian firm's once booming handset business, whose sales have plummeted as consumers, corporations and even government agencies, once its most loyal customers, have switched to devices running on the Google Inc's Android and Apple Inc's iOS operating systems.

The embattled BlackBerry is now tasked with finding a new direction for its floundering handset business, with a new CEO at the helm and $ 1 billion in funding from its investors.

These new 3G models offer faster performance and a very attractive mix of features and services for AT&T customers,» said Carlo Chiarello, vice president, Global Handset Business, Research In Motion.

The midrange handset business is heating up.

But this policy review itself is timely as there's a shift in the U.S. handset business.

«After selling their failing handset business to Microsoft several years ago, Nokia has been trying to re-enter the marketplace,» he told the E-Commerce Times.

It's not overly clear why Lenovo (the firm that now owns the Moto handset business) opted for such a quick replacement, but it's not uncommon in today's mobile market - just look at OnePlus and Sony.

The HTC U11 Life does suggest that the Taiwanese phone makers may continue making lower - budget phones — in some markets, it's an Android One device — but that still leaves the future of HTC's premium handset business in question.

Redmond acquiring its own handset business invalidated the cross-license IP agreement, according to Samsung.

LG previously confirmed the launch of the G7 was delayed citing an adoption of a new strategy to bring the mobile handset business back on track.

The handset maker is seeking further orders from Microsoft, which completed the acquisition of Nokia's handset business earlier this year.

Meanwhile, the PC maker is also in the process of completing the deal to buy the Motorola Mobility handset business from Google in the US.

Microsoft licensed the Nokia name for the next ten years alongside acquiring Nokia's handset business unit.

As for internals, Huawei's VP of handset business and consumer business Bruce Lee confirmed to Hardware Zone that the Huawei Mate 10 will be powered by the Kirin 970 chip.

A year and a half ago, Microsoft bought Nokia Oyj's handset business for $ 7 billion, a fraction of the $ 250 billion the Finnish company was worth at its peak in 2000.

While the fundamental focus will remain on phones, Surface, meetings with devices like PPI and Xbox hardware, Microsoft is in a move to make certain changes in its newly acquired Nokia handset business and its Lumia lineup.

A potential acquisition of the mobile handset business of Canadian RIM by China's Lenovo would raise a number of important security issues in the US, with regard to government officials» communication over phone.

Microsoft announced the acquisition of Nokia's handset business in September last year and completed the deal worth $ 7.2 billion in April.

TORONTO (Reuters)- BlackBerry Ltd (BB.TO) BBRY.O said on Tuesday it will stop making its Classic model, raising further doubts about the future of the smartphone pioneer's money - losing handset business as the company shifts its focus to software.

Google is clearly investing in its smartphone handset business, closing the deal at the end of January with HTC to bring a decent proportion of the Taiwanese company's phone - makers in - house.

We've been waiting for some time to find out which Huawei devices would be in line for the update and now Huawei's Handset Business VP Bruce Lee has confirmed the list of devices.

Doubters have wondered why Nokia — a company that's made an almost wholesale bet on the Windows Phone OS (with the exception of the Asha platform), and whose handset business is in the process of being absorbed by Microsoft — would build anything with Android inside.

But, now that Google is only in software business following the divestiture of its Motorola handset business, this could change and further improve Blackberry's offering.

The plan counters some analyst suggestions that BlackBerry ditch its handset business entirely to focus on parts of its business that are more profitable.

Apple's handset business was a classic pipeline, but when combined with the App Store, the marketplace that connects developers with users, it became a platform.

It sold its handset business to Microsoft in late 2013 and has since focused squarely on making telecoms network equipment.

Nokia is hiring software experts, testing new products and seeking sales partners as it plots its return to the mobile phone and consumer tech arena it abandoned with the sale of its handset business.

One ace Nokia that holds is ownership of one of the mobile industry's biggest troves of intellectual property, including patents it retained after selling its handset business.

He must wait until late 2016 before he can consider re-entering the handset business - after a non-compete deal withMicrosoft expires - but preparations are underway.

BlackBerry Chief Executive John Chen last month expressed confidence the company's trimmed - down handset business can turn a profit by a self - imposed September deadline, even as some analysts urge the company to ditch the unit.

Without a hit mid-range, BlackBerry likely will not be able to keep its handsets business going or sell it to another company, he said.