Post Thumbnail

A week after the U.S. Congress slapped ZTE with a 'do not trust' allegation, the Chinese company gets another bitter dose of bad news. It's about to report a net loss of between 1.65 billion and 1.75 billion yuan (US $263 million to $279 million) for the first nine months of 2012, which pales in c

2 years ago 0 Comments
October 16, 2012 at 2:04AM
Post Thumbnail

While we wait to hear Kaz Hirai's new plan for Sony, the news is getting worse before it gets better. The company just announced new projections that are more than double the net loss it predicted in February for the fiscal year 2011, to the tune of $6.4 billion. The reason? According to Reuters, i

2 years ago 0 Comments
Post Thumbnail

Not even promises of a new Sidekick can keep T-Mobile from hemorrhaging customers, it seems, as the company reported significant losses in its Q1 statement for 2011. According to official Q1 financials, 471,000 contract customers either failed to re-up, or outright canceled their contracts. Stack

3 years ago 0 Comments
Post Thumbnail

According to recent rumblings, Sanyo Electric is seriously considering cutting its mobile phone operations loose, and is apparently in talks with a number of competing manufacturers about purchasing the ailing line. At the top of the \"interested parties\" list are Sharp and Kyocera, well known phone

7 years ago 0 Comments