Tag: samsung mobile

Mobile trends at Samsung send profits downward by 64 percent

At the same time that Apple’s profits are breaking records, this company’s execs didn’t have the same news.

According to the news on the latest mobile trends from Samsung when the South Korean company’s fourth quarter financial results were released, there was a 23 percent drop in smartphone, tablet, and wearable technology based revenues when compared to the same time in 2013.

During that same period, the mobile profits at the company fell even more dramatically, dropping by 64 percent.

In that fourth quarter, Samsung posted earnings of $1.8 billion. This mobile trend has been a continuing one for the company that has been experiencing a growing struggle in selling its less expensive smartphones in emerging markets, where there is notable competition in cheaply priced devices from rapidly growing brands in the tech industry such as Xiaomi. Moreover, Samsung has also placed itself at risk by moving toward powering its first phone with its Tizen operating system. Recent reports have indicated that the recent launch of that OS may not have been quite as positive as the company had likely hoped.

At the same time, the mobile trends with regards to the higher end offerings at Samsung aren’t looking much better.

Mobile Trends - Samsung profits declineAt the same time that Apple’s popularity and successes have been skyrocketing since it has launched its larger screened iPhone 6 devices, Samsung’s high end devices have been continuing to do well, but not nearly to the degree of its top competition.

At the same time, it is important to note that while the growth may have slowed down by quite a bit, Samsung is far from seeing an all out halt in its unit sales. Recently, analysts from the Wall Street Journal predicted that the company had sold somewhere between 74 and 77 million smartphones within the last quarter of last year. That may be a notable stumble from the 86 million that were sold the year before in the same quarter, but it remains an exceptionally large figure.

It is clear that the mobile trends at Samsung are headed downward, but the size of the company’s sales still provides room for the brand to turn things around.

Technology news from China reveals new leader in the smartphone market

China Mobile Technology NewsSamsung is now leading the way in the Chinese marketplace as Nokia drops down to seventh place.

Android has been making massive technology news headlines in China’s smartphone market as it is now representing an estimated 86 percent of the devices in the country, as per the statistics from the last quarter of 2012.

Samsung has now leapt ahead as the leader of the devices based on that Google operating system.

That manufacturer has made some highly strategic moves that have made technology news so that they could ride their way right up to the top of the list. This new data was just released by Strategy Analytics, which performed an analysis on the data from Q4 of last year. It also almost tripled its sales in China during 2012.

The latest technology news estimates are suggesting that during 2012 alone, Samsung sold 30.06 million smartphones within the country

This represented 17.7 percent of the entire market and is a massive increase over the number that it sold in 2011, which was 10.9 million and which represented 12.4 percent of the entire market.

The reason that this is making technology news headlines around the world is that China is the largest smartphone market in the world. Moreover, its steady climb up to the top has happened at the same time that Nokia has taken a considerable slide. This took its market share from 2011 when it was 29.9 percent, to reach only 3.7 percent in 2012. It had previously been in first place, but it has dropped down to seventh place.

Among all of the remaining smartphone manufacturers making technology news, Lenovo has come in strong as the second place holder. It has taken a 13.2 percent share of the Chinese market. This is a meaningful increase after having only 4 percent in 2011. Apple had an 11 percent share and third place, followed by Huawei at 9.9 percent, and the local device maker, Coolpad, at 9.7 percent. Those were the companies that made up the coveted top five positions within the Strategy Analytics report that has only just been released to the public.