It’s been years since Sony has been a major player in the smartphone space. But the company continues to crank out new phones year after year, and sometimes it even sells some of them. Now, despite only shipping about 400 thousand phones in the fourth quarter of 2020, Sony says its phone business has actually […]
earnings
Intel ends 2020 on a strong note thanks to “record notebook sales,” but 7nm chips aren’t coming until 2023
After years of stagnant or declining growth, global PC shipments were up in 2020 due largely to an increase in notebook sales as people hunkered down to work and school from home during the global pandemic. And it looks like Intel rode that success to better-than-expected revenue. In the company’s latest earning report, Intel says […]
BlackBerry phone sales are down, but future may be in software
Following years of declining smartphone sales, BlackBerry tried something different in 2015, launching its first smartphone running Google Android software instead of BlackBerry OS. But it doesn’t look that has done much to help the company’s hardware sales. The BlackBerry Priv launched in November, and according to the first full-quarter earnings report since that launch, […]
HTC, Lenovo to cut jobs due to declining revenue
Two major players in the consumer electronics space are announcing job cuts. Lenovo plans to eliminate about 3,200 jobs, or roughly 5 percent of its workforce. HTC, meanwhile, will be cutting more than 2,000 jobs, which eliminates about 15 percent of its workforce. Both announcements are due to declining revenues, although in the case of HTC the […]
HTC shifts strategy, cuts costs after $250 million loss
HTC has announced plans to reduce costs and shift resources in an effort to boost growth following a pretty lousy quarterly earnings report. The company is reporting losses of more than $250 million for the second quarter of 2015. As a result, Reuters reports HTC plans to cut some jobs and kill of some phone […]