Sentences with phrase «handset business cash»
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.
http://www.canadianbusiness.com/ Not exact matches
The value of iPhones sold was calculated at more than the enterprise value - the price minus cash - of Nokia's handset business, sold to Microsoft for $ 5.4 bn earlier in September.
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.
Google on Wednesday confirmed that it has signed an agreement to sell its Motorola handset business to Lenovo for $ 2.91 billion in a mixture of cash and stock.
The handset business has been the cash cow for Samsung, and for too long it has focused on the high - profits flagship market.