Subscribe free to our newsletters via your
. 24/7 Space News .




INTERNET SPACE
Nokia plans comeback with 2015 tablet launch in China
by Staff Writers
Helsinki (AFP) Nov 18, 2014


Samsung to slash number of smartphone models
Seoul (AFP) Nov 18, 2014 - Samsung Electronics has announced plans to slash the number of smartphone models it issues next year by up to one-third as it tries to cut prices in the face of intense Chinese competition.

The strategy, confirmed by a company spokesman Tuesday, was unveiled during a presentation in New York by the South Korean conglomerate's head of investor relations, Robert Yi.

Yi said the company -- which last Thursday reported a near 50-percent plunge in third-quarter net profit following a 20 percent drop in the previous quarter -- would reduce the number of smartphone models in 2015 by between one-quarter and one-third.

The strategy is expected to be accompanied by a significant increase in the production of remaining models that can be sold more cheaply to compete with cut-price Chinese rivals.

The recent nosedive in Samsung's fortunes followed several years of stellar growth and a seemingly endless succession of record quarterly profits driven by its all-conquering mobile unit.

Its flagship Galaxy S smartphone has suffered in the high-end market from the popularity of arch-rival Apple's new iPhone 6, while its dominance of the middle- and low-end handset segment has been challenged by Chinese handset makers such as Huawei, Xiaomi and Lenovo.

For the moment, Samsung is still the comfortable leader by sales volume, but its share of the global smartphone market has fallen from 35 percent a year ago to just under 25 percent, according to Strategy Analytics.

Finnish telecom equipment group Nokia announced an unexpected return to mobile devices Tuesday with a tablet aimed at the Chinese market.

"We are pleased to bring the Nokia brand back into consumers' hands with the N1 Android tablet, and to help make sophisticated technologies simple," Nokia's head of products Sebastian Nystroem said in a statement.

It will be made by the Taiwanese technology group Foxconn -- Apple's biggest supplier -- and launched on the Chinese market in early 2015 retailing "for an estimated $249 (199 euros) before taxes," Nokia said, "with the anticipation of expanding sales to other markets".

The device, presented at the Slush technology fair in Helsinki, resembles Apple's iPad mini with a 7.9 inch (200 mm) screen and uses the Android operating system unlike its predecessor, Nokia's first tablet, the Windows-driven Lumia 2520 launched in 2013.

The Lumia had a far higher price tag of $499 (around 400 euros) when it was launched in the United States and enjoyed limited success with consumers, partly due to its Windows Phone 8 operating system which has fewer applications than its Android and Apple competitors.

Nokia's comeback was not expected, as the once world-dominating telecom company appeared set to focus on telecom services following the $7.52 billion sale of its handset division to US software giant Microsoft in April.

Nystroem described the new tablet as "a great product for Nokia fans and everyone who has not found the right Android tablet yet".

Nokia was the global leader in mobile phones before the introduction of Apple's iPhone in 2007 and the onslaught of Android phones, mainly from Samsung.

hh/ts/gd

NOKIA

GOOGLE

MICROSOFT

APPLE INC.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
Satellite-based Internet technologies






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








INTERNET SPACE
With new entrants, streaming TV sees watershed moment
Washington (AFP) Oct 19, 2014
For years, the notion of on-demand, anywhere television has been slowly disrupting the traditional pay TV industry. Now it seems that streaming video has hit a watershed moment. In the past week, HBO announced it would launch a standalone streaming service in 2015 to deliver hit shows like "Game of Thrones" and "Girls," directly to viewers without a cable or satellite subscription. That ... read more


INTERNET SPACE
After Mars, India space chief aims for the moon

China examines the three stages of lunar test run

China gears up for lunar mission after round-trip success

NASA's LRO Spacecraft Captures Images of LADEE's Impact Crater

INTERNET SPACE
Warmth and flowing water on early Mars were episodic

Next NASA Mars Mission Reaches Milestone

Mars, too, has macroweather

Comet lander 'working well', but may be on slope

INTERNET SPACE
Tencent looks to the final travel frontier

ESA Commissions Airbus As contractor For Orion Service Module

Study Investigates How Men and Women Adapt Differently to Spaceflight

S3 concludes first phase of drop-tests

INTERNET SPACE
China publishes Earth, Moon photos taken by lunar orbiter

China plans to launch about 120 applied satellites

Mars probe to debut at upcoming air show

China to build global quantum communication network in 2030

INTERNET SPACE
NASA Commercial Crew Partners Continue System Advancements

Europe's 3D printer set for ISS

Astronaut turned Twitter star, Reid Wiseman, back on Earth

Three-man multinational space crew returns to Earth

INTERNET SPACE
Soyuz Installed at Baikonur, Expected to Launch Wednesday

Time-lapse video shows Orion's move to Cape Canaveral launch pad

SpaceX chief Musk confirms Internet satellite plan

Orbital recommits to NASA Commercial program and Antares

INTERNET SPACE
Follow the Dust to Find Planets

NASA's TESS mission cleared for next development phase

ADS primes ESA's CHEOPS to detect and classify exoplanets

NASA's TESS Mission Cleared for Next Development Phase

INTERNET SPACE
Versatile bonding for lightweight components

Cloaking device hides across continuous range of angles

New form of crystalline order good for thermoelectric uses

Paris pop-up store immortalises shoppers with 3D printed figurine




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.