Ukraine conflict leads to 10% European smartphone shipments fall
The latest European smartphone shipment data from analyst firm Canalys reveals the impact of the Ukrainian conflict.
Telecoms.com
Q1 2022
North American smartphone shipments are a lot healthier than China’s
Smartphone shipments in North America clocked in at 39 million units in Q1 2022, contrasting with Chinese figures which have taken a nosedive.
Zero Covid policy is killing the Chinese smartphone market
Chinese smartphone sales have fallen off a cliff this year as the country continues to try to close its borders to a virus.
Deutsche Telekom bullish after a solid Q1
German telecoms group DT tweaked up its guidance after posting better than expected numbers for the first quarter of the year.
VMO2 pushes fibre rollout as competition bites
Virgin Media O2 is shouting about its plans to crack on with full fibre rollout, but its latest quarterlies show it is starting to feel the heat from the competition.
Smartphone shipments fell globally in Q1, dragged by a Chinese slowdown
Global smartphone shipments fell by 12.9% in Q1 2022 to 308 million units, representing the third consecutive quarter that figure has gone down, according to analyst firm Omdia.
Huawei’s steady decline continues
Chinese vendor Huawei has issued one of its minimal quarterly numbers bulletins and it reveals yet another fall in revenues.
Nokia’s Q1 profit drops 17% thanks to Russia and supply chain issues
Finnish kit vendor Nokia’s profits for the first quarter of 2022 clocked in at €219 million, down from €263 million YoY, but the firm says it is still on track to hit its yearly targets.
Netflix is losing significant numbers of users for the first time
The streaming services blames password sharing, inflation the Russia-Ukraine war and inflation for a 200,000 drop in subscribers in Q1, as shares plummet around 25%.
Global smartphone shipments fell 11% in Q1 – Canalys
Global smartphone shipments fell 11% in Q1 2022 amid ‘unfavourable economic conditions and sluggish seasonal demand’.
Ericsson shares sink further after tough Q1 earnings report
A combination of historical misdeeds in Iraq and the need to pull out of Russia loomed heavy on Swedish kit vendor Ericsson’s latest quarterlies.
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