Tag: profits
-
Sony to Cut Back Xperia Range to Save Profits
Sony will look to streamline its smartphone and TV range moving forward in an attempt to rake back the dwindling profits of the past year. The Japanese company, which acquired and merged with Swedish mobile partner Ericsson in 2012, will address a $2.1-billion loss in the past year by trimming back on its range of…
-
Samsung Downsizing Smartphone Roll Out in 2015
Samsung will reportedly reduce the amount of Galaxy smartphones it releases in the coming year. The move is believed to be a cost-cutting exercise by the South Korean mobile manufacturer following disappointing profits in 2014 and despite having around twenty new Galaxy products scheduled for launch since January and before December the profits in the…
-
Acer To Join Samsung In Closing Netbook – Cost-Cutting Taiwan Co. Will Focus On High-End Tech
Taiwanese co. Acer is following in the footsteps of neighbouring Korean’s Samsung in ceasing production of Netbooks – but Acer’s motivation is in an attempt to save the company’s struggling profits. Acer is infamously struggling on a financial level which is the reason for their axing of the Aspire Netbook range to focus on higher-end…
-
RIM report poor quarterly income – Jobs will be cut
Research In Motion reported disappointing results this quarter with net income for the company behind the Blackberry mobile phone range, dropping to $695-million from the previous quarter’s $974-million – that’s a staggering $279-million plummet. RIM look set to cut costs and unfortunately a number of jobs are for the axe, but the company remains optimistic…