| Nokia Shows Q1 Strength |
 |
 |
 |
| Written by Mike Buetow | |||
| Thursday, 17 April 2008 07:17 | |||
|
HELSINKI -- Nokia posted strong first-quarter results, reporting revenues of €12.66 billion, up 28% year-over-year. Operating profit rose 20% to €1.53 billion.
The world's leading supplier of cellphones shipped 115.5 million units
during the quarter, up 27% over last year and slightly above the normal
seasonality and trends. Average selling prices were €79, down €4. Network revenue was €3.4 billion, down 26% sequentially, with an operating loss of €74 million. Nokia forecast volume growth of 10% for 2008, but said it expects handset revenue to decline during the year because of the weaker US dollar and weakening economic conditions in the US and possibly Europe. Overall phone volumes were up 7.5% year-over-year in Western Europe and 63% in Latin America. China saw 4% sequential growth and 33% year-on-year growth. High-end phone volumes were up 24% to 14.6 million, compared to market growth of 42%. Nokia retains about a 50% share in the high-end market.
|
Columns
| European RoHS Enforcement Explained |
A series of workshops next month on compliance with RoHS and other directives will help US companies looking to break into the European market. |
| Read more... |
| Believing Foxconn Means Suspending Belief |
The Foxconn makeover is in full swing, with the latest this piece from the New York Times that supposes that the world's largest ODM is worried that Apple -- yes, Apple -- might be bringing it down: |
| Read more... |
Features
| Managing Your ESD Program |
The processes are as important as the tools. |
| Read more... |
| SMT Reflow Oven-to-Oven Repeatability |
How to adjust an oven so a single recipe will work across multiple ovens for an individual product. |
| Read more... |
Search
Search
Login
CB Login
Language
Language
Products
Kolb Releases PS300 2HY Stencil Cleaner
PS300 2HY hybrid batch stencil cleaner is suitable for stencils, PCBs, misprints and solder frames. Is an automatic single-chamber system; features 3-4 step PowerSpray cleaning. Is part of compact...
PS300 2HY hybrid batch stencil cleaner is suitable for stencils, PCBs, misprints and solder frames. Is an automatic single-chamber system; features 3-4 step PowerSpray cleaning. Is part of compact...
