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Wireless

Global mobile phone revenues up 24% in Q2

Thursday 22 August 2013 | 16:33 CET | News
Global mobile phone revenues are growing faster than unit shipments, thanks to the greater number of high-end 3G and LTE devices, according to Strategy Analytics. The market researcher estimates wholesale mobile phone revenues were up 24 percent year-on-year in the second quarter of 2013, while operating profit for the industry increased 30 percent, helped by strong improvements at just a few companies, such as LG and Sony. The researcher earlier estimated phone shipments were up 4 percent to 386 million in Q2. Samsung had the highest share of revenues and operating profit in the quarter and

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Categories: Mobile & Wireless
Companies: LG / Samsung / Sony
Countries: World
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