Starting off (in the smartphone world) with Series 60 (on Symbian) handsets, transitioning through Windows Phone 7.x phones, and ending up on Android, LG has officially closed its Mobile division, with the short statement quoted below. It's been a rocky road for LG, but even back in the mid 2000s at the Symbian shows, I never really felt their heart was in it, at least in terms of selling to - and supporting - the West. Some thoughts and a few looks back below.
Recent News - S60 3rd Edition
Long time AAS readers will remember the Nokia N93, a unique multi-form factor smartphone with a barrel camera that included a genuine continuous 1-3x zoom lens system. It worked superbly, at least in good light, with the caveat that the reduced aperture when zoomed meant that evening and night shots suffered. Partly because of this, Nokia (and then the world) moved to computational photography and smart cropping into large, high megapixel sensors in order to try and zoom without the same degree of aperture loss, cuminating in 2012's Nokia 808 and 2013's Lumia 1020. But now comes news that a continuous zoom lens system may be making a come back, 14 years on from the N93...
Nokia has released its Q2 2011 results, reporting an operating loss of -€487 million, with net sales of €9.275 billion (down 7% YoY). Nokia's Devices and Services division's losses were -€247 million. Margins in devices and services were -4.5% (down 14% YoY and down 14.2% QoQ). However, non-IFRS operating profit was €391 million (down 41% YoY and down 44% QoQ), with Devices and Services non-IFRS profit at €369 million, and margins at 6.7%. Total smartphone device sales were 16.7 million, compared with 24 million units in Q2 2010 (down 34% YoY) and 25.2 million units in Q1 2011 (down 31%, QoQ).