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  • LG smartphone boom follows major R&D reshuffling, says analyst

    by 
    Andrew Munchbach
    Andrew Munchbach
    03.07.2012

    South Korean electronics giant LG came out swinging with its line of Optimus products at Mobile World Congress this year, delivering the 4X HD, 3D Max, Vu and a trinity of L-series handsets. So how does one shop deliver six handsets to the public, you ask? Resources. A recent note to investors from Nomura Securities reveals that in 2011, the Life's Good gang assigned a larger portion of its R&D team to its smartphone division. The report claims that the company had 60 to 70 percent of its 8,000 person research outfit assigned to the Optimus-making arm at the end of last year. That's up from the 20 percent share of a 6,800 person staff it boasted just 365 days earlier. There's no doubt LG will be looking to steal the smartphone thunder of Samsung and HTC in 2012, but is this lineup of products enough? Only time (and sell-through figures) will tell.

  • Sony admits: "poor sales" of the PS3 in America

    by 
    Nick Doerr
    Nick Doerr
    01.16.2007

    Japanese analyst group Nomura Securities has gone over Sony's sales predictions and outcomes for the holiday season and say that the company will miss its sales goal for the fiscal year by 25 percent. The leading factor for the drop? Nomura claims its the poor sales felt in America over the holidays. Instead of selling 6 million units, Nomura estimates Sony might come through with 4.5 million units sold. As for the next couple of fiscal years, the sales expectations have been lowered from 16 million to 10 million for the 2007-2008 fiscal year and 18 million to 11 million for the fiscal year ending in '09. Sony remains steadfast in its plan to sell six million units by the end of March, but we've got to step outside of the box and think: is this bad? The answer, of course, is yes. This is a sour prediction of Sony's future, but the sales numbers don't lie. However, looking simply at the numbers doesn't tell you the whole truth. We've gone over the factors of Sony's poor sales already and think that, given time (of course, that ol' excuse, right?), these factors will disappear and Sony's machine will get adopted by many more people. Now, avid readers, be ye haters or lovers, leave us your thoughts. Extra brownie points if you use proper grammar and actually try to make a point![via Gamasutra]