Smartphone market grows 50% with 63 mln units shipped in Q2

Smartphone market grows 50% with 63 mln units shipped in Q2
(Telecompaper) The worldwide smartphone market grew 50 percent year over year in Q2, driven in large part by makers of smartphones powered by Google’s Android OS, according to a study by IDC. Vendors of smartphones shipped a total of 63 million units in Q2, compared to 41.9 million units in the same period a year ago. For H1, vendors shipped a total of 118.3 million units, up 54 percent from the 76.8 million units shipped during the first half of 2009. Google’s smartphone partners, such as HTC and Samsung, posted the highest year-over-year growth rates in IDC’s Q2 smartphone top ten vendor rankings. Four of the top ten vendors, all of whom predominantly ship Android-powered smartphones, posted year-over-year growth rates greater than 100 percent. HTC was the top supplier of Android devices last quarter, on a unit shipment basis. The worldwide smartphone market will continue this growth in the second half, IDC predicts, setting up a critical starting point for 2011. Both BlackBerry and Symbian 3 are poised with fresh, yet familiar experiences while Windows Phone 7 promises a complete break from previous versions. All these are expected to launch in the second half. Nokia remained the top smartphone vendor worldwide in Q2, with 38.1 percent market share and 24 million units shipped, up 42 percent , but cited challenges on the high-end of the smartphone market from the competition, resulting in declining ASPs. Furthermore, Nokia’s progress year over year did not keep up with the overall growth of the smartphone market. With the upcoming launch of the Symbian 3-powered N8 and its new MeeGo OS, Nokia hopes to create and capture value within the high end of the market while maintaining its strong presence within the entry-level and mid-range segments. Research In Motion broke the 11 million unit shipment figure for the first time in the company’s history, gaining 17.8 percent market share, due in part to the BlackBerry Pearl 3G and the BlackBerry Tour 9650 product launches across multiple markets. The company maintained its second place global smartphone position for the seventh consecutive quarter.[Lees verder]

RTL, ProSiebenSat.1 to set up German catch-up TV portal
(Telecompaper) Commercial broadcasters RTL Deutschland and ProSiebenSat.1 have unveiled plans to form a joint venture to run an open technical platform offering time-shifted retrieval of web-based TV content via RTL’s multimedia division RTL interactive. The new company’s offering is aimed at German and Austrian private and public TV channels. The platform is intended to enable participating providers to make their content, such as complete series, films, shows or news broadcasts, available to internet users in a central, web-based offering and present it in a dedicated area on the platform. Internet users will be able to retrieve all the content as a stream, free of charge, seven days after TV transmission. Individual TV channels will continue to be responsible for marketing the content. The setting up and operation of the platform is subject to the approval of the responsible body, the European Commissions Directorate General for Competition. The JV will provide participating channels the necessary technical services for using such a platform, such as hosting and streaming. The joint venture company’s remit will therefore consist solely in the technical provision of the platform[Lees verder]

Clinton to hold talks with UAE on BlackBerry ban
(Telecompaper) The US Secretary of State Hillary Clinton will hold talks with the UAE over the ongoing BlackBerry dispute. The UAE has said it intends to prevent the phones sending e-mails, accessing the internet, and delivering instant messages, from 11 October. Clinton said authorities had to balance “legitimate security concerns” with “right of free use and access”. The UAE Telecoms Regulatory Authority said in a statement to BBC News that Blackberry services were “currently the only data services operating in the UAE where data is immediately exported off-shore, where it is managed by a foreign, commercial organisation”. This raises judicial, social and national security concerns for the UAE. A Research In Motion spokesman said the company cannot accommodate any request for a copy of a customer’s encryption key, “since at no time does RIM, or any wireless network operator or any third party, ever possess a copy of the key”. Clinton made no mention of other countries which have voiced concerns over the devices. Saudi Arabia has said it intends to place a ban on a Blackberry-to-Blackberry instant messaging service from 6 August, whilst Lebanon has said it will assess the device. Canada’s trade minister Peter van Loan also issued a statement saying his government is working on the issue. He said the Canadian government is in contact with RIM about the issue and has been working with government officials in the UAE to help RIM identify their concerns and find solutions. RIM is headquartered in Canada.[Lees verder]

NXP Semiconductors cuts IPO price
(Telecompaper) NXP Semiconductors has cut the price of its IPO to USD 14 per share, from an earlier indicated range of USD 18-21 per. The company is selling 34 million shares in the offering. The shares are scheduled to begin trading 6 August on the Nasdaq market under the ticker symbol NXPI. The offering’s underwriters will have a 30-day option to purchase up to 5.1 million additional shares at the initial public offering price. NXP expects to use the proceeds of the offering to reduce debt.[Lees verder]

Tudou closes USD 50 mln funding round
(Telecompaper) Chinese online video platform Tudou ha closed a USD 50 million series E funding round. The company is investing aggressively in expanding its main advertising supported web platform, and developing mobile/portable device video technology as future growth drivers. Tudou’s series E funding round included USD 35 million led by Singapore- based Temasek Holdings and USD 15 million from existing investors. In total Tudou has raised USD 135 million in funding since the website went live on 15 April 2005.[Lees verder]

NTT sees Q1 profit rise 11.7%
(Telecompaper) Japanese telecommunications firm NTT saw its profit rise over 10 percent in the first quarter ended 30 June. Revenues were down marginally at JPY 2.498 trillion, compared to JPY 2.502 trillion in the year-ago quarter. Operating income was up 4.3 percent at JPY 339.654 billion, while before tax income stood at JPY 341.613 billion, up 4.8 percent. NTT posted a net profit of JPY 155.938 billion, up 11.7 percent from JPY 139.557 billion in the same period last year. For the full year, the company maintained its earlier forecast of JPY 500 billion in profit, up 1.6 percent, while revenues are expected to be down 0.2 percent to JPY 10.160 trillion, and operating profit is forecast to return to the pre-recession level of JPY 1.165 trillion. NTT added 588,000 customers for its Flets Hikari service in the three month-period, to bring its total to 13.84 million. The company also had 10.65 million Hikari Denwa customers, after it added 506,000 new customers in the quarter to the optical IP telephone service. The ADSL customer base continued to contract, losing 129,000 customers in the quarter for a total of 3.25 million. Traditional voice service subscribers fell by 882,000 lines in the quarter to 37.45 million. The company’s mobile unit, NTT Docomo, ended the quarter with 56.51 million subscribers. The mobile unit saw its net income drop 3.5 percent to JPY 142.2 billion.[Lees verder]

Bell Canada raises FY revenue outlook after strong Q2
(Telecompaper) Bell Canada reported second-quarter revenues of CAD 3.792 billion, up 4.5 percent from a year earlier thanks to its acquisitions of The Source and the rest of Virgin Mobile as well as growth in mobile services. EBITDA grew 3.3 percent to CAD 1.498 billion on higher revenues, cost reductions and lower pension expenses. Net profit at parent company BCE jumped 70.5 percent to CAD 590 million, thanks to lower restructuring and other costs. Bell raised its full-year revenues outlook after the strong Q2 results. The company now expects 2-3 percent revenue growth, up from an outlook for 1-2 percent issued in February. The EBITDA growth forecast remains 2-4 percent, while capex should be 16 percent or less of sales. Capex in Q2 was down 21 percent from a year ago to CAD 538 million. BCE generated free cash flow of CAD 566 million, up 8.8 percent, and announced a 5 percent increase in the dividend. BCE expects to report full-year free cash flow at the high end of the previous forecast of CAD 2.0-2.2 billion, and also raised its adjusted EPS forecast to CAD 2.75-2.80 from CAD 2.65-2.75.[Lees verder]

Smartphone market grows 50% with 63 mln units shipped in Q2
(Telecompaper) The worldwide smartphone market grew 50 percent year over year in Q2, driven in large part by makers of smartphones powered by Google’s Android OS, according to a study by IDC. Vendors of smartphones shipped a total of 63 million units in Q2, compared to 41.9 million units in the same period a year ago. For H1, vendors shipped a total of 118.3 million units, up 54 percent from the 76.8 million units shipped during the first half of 2009. Google’s smartphone partners, such as HTC and Samsung, posted the highest year-over-year growth rates in IDC’s Q2 smartphone top ten vendor rankings. Four of the top ten vendors, all of whom predominantly ship Android-powered smartphones, posted year-over-year growth rates greater than 100 percent. HTC was the top supplier of Android devices last quarter, on a unit shipment basis. The worldwide smartphone market will continue this growth in the second half, IDC predicts, setting up a critical starting point for 2011. Both BlackBerry and Symbian 3 are poised with fresh, yet familiar experiences while Windows Phone 7 promises a complete break from previous versions. All these are expected to launch in the second half. Nokia remained the top smartphone vendor worldwide in Q2, with 38.1 percent market share and 24 million units shipped, up 42 percent , but cited challenges on the high-end of the smartphone market from the competition, resulting in declining ASPs. Furthermore, Nokia’s progress year over year did not keep up with the overall growth of the smartphone market. With the upcoming launch of the Symbian 3-powered N8 and its new MeeGo OS, Nokia hopes to create and capture value within the high end of the market while maintaining its strong presence within the entry-level and mid-range segments. Research In Motion broke the 11 million unit shipment figure for the first time in the company’s history, gaining 17.8 percent market share, due in part to the BlackBerry Pearl 3G and the BlackBerry Tour 9650 product launches across multiple markets. The company maintained its second place global smartphone position for the seventh consecutive quarter.[Lees verder]

RTL, ProSiebenSat.1 to set up German catch-up TV portal
(Telecompaper) Commercial broadcasters RTL Deutschland and ProSiebenSat.1 have unveiled plans to form a joint venture to run an open technical platform offering time-shifted retrieval of web-based TV content via RTL’s multimedia division RTL interactive. The new company’s offering is aimed at German and Austrian private and public TV channels. The platform is intended to enable participating providers to make their content, such as complete series, films, shows or news broadcasts, available to internet users in a central, web-based offering and present it in a dedicated area on the platform. Internet users will be able to retrieve all the content as a stream, free of charge, seven days after TV transmission. Individual TV channels will continue to be responsible for marketing the content. The setting up and operation of the platform is subject to the approval of the responsible body, the European Commissions Directorate General for Competition. The JV will provide participating channels the necessary technical services for using such a platform, such as hosting and streaming. The joint venture company’s remit will therefore consist solely in the technical provision of the platform[Lees verder]

Clinton to hold talks with UAE on BlackBerry ban
(Telecompaper) The US Secretary of State Hillary Clinton will hold talks with the UAE over the ongoing BlackBerry dispute. The UAE has said it intends to prevent the phones sending e-mails, accessing the internet, and delivering instant messages, from 11 October. Clinton said authorities had to balance “legitimate security concerns” with “right of free use and access”. The UAE Telecoms Regulatory Authority said in a statement to BBC News that Blackberry services were “currently the only data services operating in the UAE where data is immediately exported off-shore, where it is managed by a foreign, commercial organisation”. This raises judicial, social and national security concerns for the UAE. A Research In Motion spokesman said the company cannot accommodate any request for a copy of a customer’s encryption key, “since at no time does RIM, or any wireless network operator or any third party, ever possess a copy of the key”. Clinton made no mention of other countries which have voiced concerns over the devices. Saudi Arabia has said it intends to place a ban on a Blackberry-to-Blackberry instant messaging service from 6 August, whilst Lebanon has said it will assess the device. Canada’s trade minister Peter van Loan also issued a statement saying his government is working on the issue. He said the Canadian government is in contact with RIM about the issue and has been working with government officials in the UAE to help RIM identify their concerns and find solutions. RIM is headquartered in Canada.[Lees verder]

NXP Semiconductors cuts IPO price
(Telecompaper) NXP Semiconductors has cut the price of its IPO to USD 14 per share, from an earlier indicated range of USD 18-21 per. The company is selling 34 million shares in the offering. The shares are scheduled to begin trading 6 August on the Nasdaq market under the ticker symbol NXPI. The offering’s underwriters will have a 30-day option to purchase up to 5.1 million additional shares at the initial public offering price. NXP expects to use the proceeds of the offering to reduce debt.[Lees verder]

Tudou closes USD 50 mln funding round
(Telecompaper) Chinese online video platform Tudou ha closed a USD 50 million series E funding round. The company is investing aggressively in expanding its main advertising supported web platform, and developing mobile/portable device video technology as future growth drivers. Tudou’s series E funding round included USD 35 million led by Singapore- based Temasek Holdings and USD 15 million from existing investors. In total Tudou has raised USD 135 million in funding since the website went live on 15 April 2005.[Lees verder]

NTT sees Q1 profit rise 11.7%
(Telecompaper) Japanese telecommunications firm NTT saw its profit rise over 10 percent in the first quarter ended 30 June. Revenues were down marginally at JPY 2.498 trillion, compared to JPY 2.502 trillion in the year-ago quarter. Operating income was up 4.3 percent at JPY 339.654 billion, while before tax income stood at JPY 341.613 billion, up 4.8 percent. NTT posted a net profit of JPY 155.938 billion, up 11.7 percent from JPY 139.557 billion in the same period last year. For the full year, the company maintained its earlier forecast of JPY 500 billion in profit, up 1.6 percent, while revenues are expected to be down 0.2 percent to JPY 10.160 trillion, and operating profit is forecast to return to the pre-recession level of JPY 1.165 trillion. NTT added 588,000 customers for its Flets Hikari service in the three month-period, to bring its total to 13.84 million. The company also had 10.65 million Hikari Denwa customers, after it added 506,000 new customers in the quarter to the optical IP telephone service. The ADSL customer base continued to contract, losing 129,000 customers in the quarter for a total of 3.25 million. Traditional voice service subscribers fell by 882,000 lines in the quarter to 37.45 million. The company’s mobile unit, NTT Docomo, ended the quarter with 56.51 million subscribers. The mobile unit saw its net income drop 3.5 percent to JPY 142.2 billion.[Lees verder]

Bell Canada raises FY revenue outlook after strong Q2
(Telecompaper) Bell Canada reported second-quarter revenues of CAD 3.792 billion, up 4.5 percent from a year earlier thanks to its acquisitions of The Source and the rest of Virgin Mobile as well as growth in mobile services. EBITDA grew 3.3 percent to CAD 1.498 billion on higher revenues, cost reductions and lower pension expenses. Net profit at parent company BCE jumped 70.5 percent to CAD 590 million, thanks to lower restructuring and other costs. Bell raised its full-year revenues outlook after the strong Q2 results. The company now expects 2-3 percent revenue growth, up from an outlook for 1-2 percent issued in February. The EBITDA growth forecast remains 2-4 percent, while capex should be 16 percent or less of sales. Capex in Q2 was down 21 percent from a year ago to CAD 538 million. BCE generated free cash flow of CAD 566 million, up 8.8 percent, and announced a 5 percent increase in the dividend. BCE expects to report full-year free cash flow at the high end of the previous forecast of CAD 2.0-2.2 billion, and also raised its adjusted EPS forecast to CAD 2.75-2.80 from CAD 2.65-2.75.[Lees verder]

Comments are closed.