The smartphone market is on an upward surge, according to IDC, the market research firm. The market has witnessed an outbreak of cutthroat competition among the major smartphone companies, leading to a fall in phone prices.
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According to a new research report by Berg Insight, global shipments of GPS-enabled GSM/WCDMA handsets increased almost 97 percent in 2010 to 295 million units. Growing at a CAGR of 28.8 percent, shipments are forecasted to reach 940 million units in 2015.
Read moreWorldwide smartphone sales will reach 468 million units in 2011, a 57.7 percent increase from 2010, according to Gartner. By the end of 2011, Android will move to become the most popular operating system worldwide and will build on its strength to account for 49 percent of the smartphone market by 2012.
Read moreDriven by the soaring sales of products including the iPad and the iPhone 4, Apple’s shipments of products based on its A4 microprocessor reached nearly 50 million units in 2010 from virtually zero sales in 2009, IHS iSuppli research indicates. Building on the success of its A4 microprocessor, Apple recently announced that its second-generation iPad line will be based on a new microprocessor, the A5, which the company said doubles the performance of the A4.
Read moreSprint has announced its opposition to AT&T’s proposed $39 billion takeover of T-Mobile USA. According to the company, the transaction "would reverse nearly three decades of actions by the U.S. government and the courts that modernized and opened U.S. communications markets to competition."
Read moreTelanetix, a communications solutions provider offering voice services and solutions to the business market, reported financial results for its 2010 fourth quarter and full year ended December 31, 2010. The company’s fourth quarter core voice revenue increased 10 percent over the same quarter last year and full-year core revenue grew nearly 16 percent over 2009.
Read moreAlthough the on-premise model with its control and security advantages will dominate the enterprise communications market in the immediate future, the revenue share of hosted services is poised to increase significantly, according to Frost & Sullivan. Hosted communications services present an ever more popular alternative for deploying IP telephony and unified communications applications.
Read moreUnified Communications provider Polycom has announced the acquisition of Accordent Technologies, a provider of video content management and delivery solutions, for approximately $50 million in cash. Polycom expects this acquisition to be neutral to earnings in 2011 and slightly accretive to earnings in 2012.
Read moreAT&T and Deutsche Telekom announced that they have entered into a definitive agreement under which AT&T will acquire T-Mobile USA in a cash-and-stock transaction currently valued at approximately $39 billion. The agreement has been approved by the Boards of Directors of both companies.
Read moreAccording to a new research report by Berg Insight, global shipments of smartphones increased 74 percent in 2010 to 295 million units. Growing at a compound annual growth rate (CAGR) of 32.4 percent, shipments are forecasted to reach 1,200 million units in 2015.
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