- Huawei 2011 financials: 20 million smartphones sold yet profit down 53 percent
Huawei’s annual earnings report is out and it’s a mixed bag, since while turnover increased by 11.7 percent to 203.9 RMB ($32.3 billion), profits plummeted 53 percent to 11.6 billion RMB ($1.8 billion). Revenue from overseas sales (138.4 billion RMB) equated for over half the company’s total income and it boasted of having sold 150 million consumer devices, including 20 million smartphones in the year. The company didn’t provide reasons for the drop in profit, emphasizing that it’s increased R&D spending by 34.2 percent to 23.7 billion RMB ($3.75 billion) and that in any event, it’s got around $30 billion of assets that can shoulder the brunt of a bad year.
However, the company may not see a rosy 2012 either, after both America and Australia refused to give the company big infrastructure deals (Huawei’s bread and butter) thanks to allegedly close relationships between the company and the Chinese government. It seems to be following a similar trajectory to rival ZTE, which also felt margins squeeze as it entered the global retail space and felt the heat when its political dealings were thrown in the spotlight.
Continue reading Huawei 2011 financials: 20 million smartphones sold yet profit down 53 percent
Huawei 2011 financials: 20 million smartphones sold yet profit down 53 percent originally appeared on Engadget on Mon, 23 Apr 2012 17:12:00 EDT. Please see our terms for use of feeds.
Permalink
Forbes | 
Huawei, (2) (PDF) | Email this | Comments - Ubuntu 12.10 gets christened Quantal Quetzal ahead of Pangolin launch
While you impatiently await the release of Precise Pangolin this Thursday, we’ve got some news to hold your little aubergine-loving heart over. Canonical’s own Mark Shuttleworth took to the web to announce Ubuntu 12.10, codenamed Quantal Quetzal. If you were hoping the Linux distro would take the tongue-twisting titles down a notch with the next release, well, you’re out of luck. We don’t have too many details to share release, but Shuttleworth does say that Unity will continue to be tweaked and improved. A visual overhaul is expected to get underway starting with Quetzal, to work out all the bugs in time for the next LTS release, 14.04. Now all you have to do is wait till October 18th for its proper release. (For the more impatient and daring, the first alpha is scheduled to land on June 7th and the first beta on September 6th.) Thankfully, there should be enough new stuff to play with in 12.10 to distract you for at least a little while.[Image via Fabio Bretto]
Ubuntu 12.10 gets christened Quantal Quetzal ahead of Pangolin launch originally appeared on Engadget on Mon, 23 Apr 2012 16:51:00 EDT. Please see our terms for use of feeds.
Permalink
Phoronix | Mark Shuttleworth | Email this | Comments - Norton Identity Safe locks your passwords in the cloud, spares your failing memory
Norton’s Identity Safe is a free online service that aims to end the curse of forgotten passwords. If you’ve got a few social networking accounts, then keeping track of all your keys can be tough. This service remembers all of your log-in details and inputs them automatically when you next visit. It’ll warn you about malicious websites and even lock away sensitive data (credit card numbers, social security codes) so if your paperwork goes missing — you aren’t in too much trouble. The companion smartphone / tablet app offers the same integration across all of your devices and is available now for Windows, OS X, iOS and Android gear from today.
Continue reading Norton Identity Safe locks your passwords in the cloud, spares your failing memory
Norton Identity Safe locks your passwords in the cloud, spares your failing memory originally appeared on Engadget on Mon, 23 Apr 2012 16:29:00 EDT. Please see our terms for use of feeds.
Unlimited Mobile Cell Phone News and Reviews
Comments are closed.
Other News
Samsung taps Disha Patani for Galaxy M teaser, she shows off the ultra wide camera
Samsung has tapped Bollywood star Disha Patani to promote its upcoming Galaxy M series. She receives an M-shaped box (we doubt that's the actual retail package) and takes the camera for a quick spin. She demos the ultra-wide angle camera in particular, here's how switching changes the field of view: Samsung Galaxy M: normal and ultra-wide angle camera Details on the price and availability of the phones - yes, plural - will be unveiled at 6pm January 28. They will be available from Amazon and Samsung (online only). View this post on Instagram I'M SO KICKED....
Huawei unveils the 5G CPE Pro router with Wi-Fi 6, it uses the new Balong 5000 chipset
Huawei wants to be a one-stop shop for all things 5G. It unveiled the Balong 5000 chipset and the world's first 5G core chip, the Tiangang. The Balong 5000 is a multi-mode modem supporting 2G, 3G, 4G and 5G and will be used in anything from smartphones to cars. Its first application is in the Huawei 5G CPE Pro router. It supports both sub-6GHz 5G where it achieves speeds of up to 4.6Gbps as well as mmWave where it goes up to 6.5Gbps. That's actually too fast for the router's Wi-Fi 6, which tops out at 4.8Gbps. Long story short, you can download a 1GB file in 3 seconds and blow...
Samsung Galaxy S10 and S10+ live images surface
We are still a month away from the Samsung Galaxy S10 trio launch and this is by far our best look at the Galaxy S10 and S10+. A bunch of live images have surfaced revealing the design in great detail. Galaxy S10 and S10+ prototypes The first thing we've noticed about those prototypes are the bezels. They appear to be slightly bigger than those pictured in the recent renders, but that was to be expected. The photos also confirm that the more expensive Plus variant will feature a slightly better screen-to-body ratio and a dual front-facing camera setup. Oh, and more...
Sexy vivo Apex 2019 unveiled with no buttons, all screen fingerprint sensor
The vivo Apex 2019 concept phone is here and it packs some serious tech. It's powered by a Snapdragon 855 chipset, has 256GB or 512GB of storage, 12GB of RAM and 5G - the last two are firsts for vivo. Arriving just a day after Meizu announced its take on the portless buttonless phone, vivo's Apex 2019 is a rather different beast despite similar looks. For starters the Apex 2019 has a port, of sorts. Whereas the Meizu Zero relies entirely on wireless charging, the Apex 2019 uses what vivo calls MagPort - a magnetic connector on the rear that's used for charging and data...
Realme teases new smartphone that's all about entertainment [Update: It's not new]
Update: According to Mobigyaan, a company representative said this will be an already released smartphone with more storage. We are expecting to see the Realme C1 with at least 32 or 64 GB, but we might also get introduced to a Realme 2 with 128 GB. Original story follows: Realme is announcing a new phone in India and it will be "all about entertainment". The company teased it on Flipkart as the device to have if you are into movies or photos but did not announce what the name will be. Chances are it is either the Realme 3 or the Realme A1 since both are expected to arrive soon. The...
