Xiaomi’s third quarter profit up 182.9 per cent hit a two-year peak.  Eurpoean smartphone market share now 23.3 per cent.

The results were in line with expectations according to the vendor

The smartphone brand has seen global growth during last quarter

Smartphone becomes the world’s number two vendor according to Canalys

All employees will receive a bonus of £1930 each

The MNO grew its customer base by 5.1pc during Q1 to 36.6 million

CEO Pekka Lundmark hails a “robust” start to the year

Sales of Macs and iPads also soared during the quarter

Plan.com ranked second in Sunday Times BDO Profit Track 100

The increase comes as Huawei slowly retreats from the smartphone market amid US sanctions on the company

Firm is also growing with new sales team and discussions with MNOs

Smartphone sales rise sharply following flagship launches

Sales down but sector generating profit due to operations cost cutting

Reduction in marketing expenses offset decreased device sales

Customer base continues to grow and churn remains low

Carphone store closures ‘significant’ step towards cost saving

The vendor expects improved sales in Q1 2020

Strong revenue in its mobile business has driven profitability to increase 24 per cent

Xiaomi shipped 32 million smartphones in the third quarter of this year

iPhone sales dropped nearly 10 per cent year-on-year during the fourth quarter

The vendor warned earlier this year that profits will slump

CEO Philip Jansen welcomes government’s target of full fibre coverage by 2025

Company’s wider sales decreases due to US-China and Korea-Japan tension

This is the first time the iPhone did not represent the majority of sales

Samsung has had teething issues with the Fold smartphone in the first half of this year Samsung Electronics has announced that it expects operating profits to decline by more than half as it released its earning guidance for the second quarter.  The South-Korean manufacturer has warned the market that profits will slide 56 per cent,

The loss is attributed to consumers not upgrading as much as they use to. Dixons wants to renegotiate new deals with operators

BT is targeting to connect 15 million homes by the mid 2020s

Mobile division reported steadier figures however with strong demand for Galaxy S10 handsets

Sony Mobile has around 4,000 employees, which could could be reduced to 2,000 by 2020

Leading Vodafone Partner blames EU ruling on roaming for diminished profitability in 2017

Global end-user spending on UC expected to reach £33.7 billion by 2021

The return of the Nokia 3310 has put new life into what many thought was a dead segment 

The retail giant admitted there’s “plenty of work to do”

The distributor is undergoing a renaissance masterminded by charismatic new boss Beatrice Lafon (pictured above) 

Revenue spurt from gains in audio-visual, gaming, and upsurge in components demand. 

Revenue fell 2.2 per cent to £46.5 billion while a merger in India is on the cards

Three UK hit 10 million active customers during a year of heavy expenditure.

Mobile sales for H1 in the UK have fallen three per cent after the iPhone X was released in to the second half of the group financial year

Full year earnings predictions have also grown €200 million (£178bn) despite a fall in total revenue

Total reported revenue for the business is flat, up one per cent to £5.8 billion

Revenue also increases 2.3 per cent to £2.759 billion, with 178,000 new contract customer additions 

The retailer saw pre-tax profits rise to £501 million in 2016/17 compared to £457 million in 2015/16

Full year profits up 1.7 per cent with operator adding 584,000 contract customers in the year

These latest figures follow a recall of 2.5 million Galaxy Note7 handsets which reportedly cost the manufacturer £4.3 billion

Group revenue also up four per cent after retail giant enjoys success in all countries it trades in

Manufacturer expects negative impact of £2.5 billion in Q4 and into Q1 2017 – on top of the £1.9 billion write down from last quarter

Revenue up 46 per cent on sales of 5.7 million devices, but net income slumps by more than half

Smartphone sales fall for second straight quarter but CEO Cook says results reflect stronger customer demand and business performance than it had expected

Manufacturer forecasting Q2 profit of £5.39 billion, with estimated sales of its flagship Galaxy S7 smartphones hitting 15 million

Speaking at Canadian manufacturer’s Annual General Meeting, Chen said handsets alone would not be enough to secure BlackBerry’s future

Parent company DCC said the decline was due to slowdown of growth in market

Yearly revenue at the operator grew 2.4 per cent to £1.83 billion

EE now has more than 30 million connections, after adding 54,000 postpaid customers in Q1, posting £1.05bn revenue since merger

Manufacturer also estimates revenues rose four per cent from last year in earnings guidance for the first three months of the year

Profits hit £1.781 billion, as EE becomes the first mobile operator in Europe to hit 4G milestone

Manufacturer forecasting figure to hit £403.4 million, while revenue expected to rise by almost a quarter to 10.76 billion

Profits hit £121 million on a five per cent revenue rise to £4.4 billion, with UK and Ireland sales rising seven per cent to £2.87 billion

UK profits also rise 26.4 per cent in first full results for combined consumer electronics and mobile phone retailer

Trading update shows like-for-like sales in UK&I up 13 per cent in Q4 and eight per cent for year-ending May 2

Vodafone Platinum Partner also looking to grow revenue by half to £15 million as it looks to make a number of changes over the coming weeks and months

Major contracts with CitySprint and Murphy Group worth around 3,000 connections each

Online retailer for mobile accessories sees international sales surge by 45 per cent to £4.9 million, with profits up 28.3 per cent to £1.1 million

Manufacturer says that despite another set of disappointing financial results, it has plans that can restore the company to profitability

Manufacturer’s share price plummets by 28 per cent as president and CEO Heins reveals Q1 financials

Unified comms supplier confident of positive results following a refinancing exercise and the introduction of a new management team

Retailer’s profits up by 25 per cent last month in first month following its purchase by A1 Comms

Phones 4u blames 2011 full year profit dip on increasing cost of paying out on insurance claims on more costly smartphones, but says that its retail business is healthy and growing

B2B provider’s half-yearly financial results show slight drop in turnover but rise in profits and mobile subscriber base

Competitive and economic pressures on vendor partners and customers blamed for steep profit drop, despite revenue jump

Redeem, a pioneer of mobile recycling, is seeing turnover approach £20 million. The company’s new owners, Curt Hopkins and Pete Petrondas, talk to Michael House about its recent fortunes, its projects and their plans for expansion