Smartphone makers go to war May 2, 2012 The big players in the smartphone world are preparing to deploy the latest weapons in their arsenal. At the high-end of the market, the battle between Apple and Samsung is hotting up with today’s release of the Galaxy S3. Meanwhile, RIM hopes to reaffirm its role as the “best of the rest” with its first [...]
Troubling times for retailers to the squeezed middle April 29, 2012 SPARE a thought for the squeezed middle. No, not the ordinary family as defined by Ed Miliband, but the places they shop and the things they buy. The mid-market consumer firm is finding the going very tough indeed. There has been much written about Tesco’s troubles in recent months, punctuated by a series of ignominious [...]
OLYMPIC MEDIA BUZZ LONDON 2012 PARTNERS April 29, 2012 IN ASSOCIATION with Repskan.com, City A.M. is measuring the relative Olympic media buzz around the London 2012 Olympic and Paralympic Games partners, week by week. The leaderboard, right, reflects their ranking over the past week, in this case from Wednesday 18 April to Wednesday 25 April. Samsung has done well in our rankings, more or [...]
Samsung hits record $5.2bn profit thanks to Galaxy April 27, 2012 Samsung Electronics posted a record $5.2bn (£3.2bn) quarterly profit as it shifted over 20,000 Galaxy smartphones an hour in January-March, outselling Apple’s iPhone in a duel for the lucrative high end of the mobile industry. Chairman Lee Kun-hee’s South Korean group, whose $190bn market value is 11 times that of Japanese rival Sony, sold 93.5m [...]
Taiwan’s HTC grows revenue April 24, 2012 TAIWANESE smartphone maker HTC yesterday pointed towards a 55 per cent jump in revenue in the second quarter from the previous three months, matching forecasts. The company said that it expects its second-quarter revenue to be T$105bn (£2.2bn) compared to T$67.79bn in the first quarter. This exceeds analysts expectations of about T$101bn. It follows a [...]
Orient sign Samsung shirt deal April 18, 2012 FOOTBALL: Samsung, sponsor of Chelsea, has agreed a one-year deal with League One Leyton Orient. The electronics giant will adorn the front of Os home shirts and back of away jerseys, with EA Sports on the reverse.
HTC shares fall after shake-up April 17, 2012 SHARES of HTC Corp fell as much as six per cent yesterday after a change in its chief financial officer and the imminent launch of a new phone by arch rival Samsung Electronics raised concerns over the Taiwanese firm’s recovery. HTC said in a statement on Monday it had appointed Chia-Lin Chang, a former partner [...]
Nokia hits new low as Moody’s slashes rating April 16, 2012 RATING agency Moody’s dealt a fresh ratings blow to Nokia yesterday, dragging its shares to their lowest level in 15 years and reflecting the Finnish handset maker’s struggle to compete with Apple and Samsung. Moody’s cut Nokia’s long-term credit rating to Baa3, one level above speculative grade, sending the battered shares to a historic low [...]
Samsung announces launch of new Galaxy smartphone model April 16, 2012 SAMSUNG Electronics said yesterday it would unveil the third generation of its flagship smartphone Galaxy S in London on 3 May, banking on a heavy marketing campaign in the lead up to this summer’s Olympics. Samsung became the world’s top smartphone maker last year on the back of strong sales of its Galaxy lineup. More [...]
CITY VIEWS WILL SONY MAKE A RECOVERY? April 12, 2012 DOMINIC CAMILERI STRUCTURE TONE I think it has a hard task ahead. There is immense pressure from Apple and Samsung. There is a desire for it to come back, but there is very strong competition whose products are cheaper. JAMES FLETCHER FRIENDS LIFE It is too big not to recover. It would take a long [...]