Down but not out, Nokia hits back with Lumia

MANILA, Philippines—When Finnish electronics giant launched its Lumia line of smartphones, it signaled to the industry that the former world leader in mobile was not yet out of the game now dominated by Asian brands.

The Lumia line was the result of a partnership with software giant Microsoft, which itself was playing catchup in the mobile arena now ruled by Silicon Valley’s Apple Inc. and Google.

A the top of the new Nokia smartphone line is the Lumia 900, which remains, at least for the

IN A sea of iPhones and Samsungs, Nokia’s device appears to hold its own.

 Philippine market, the best Nokia phone money can buy. 

Samsung Galaxy S III smartphone sales pass 30M

SEOUL — Samsung says it has sold more than 30 million flagship Galaxy S III smartphones in about five months, making it one of the fastest selling smartphones in the world.

Samsung Electronics Co. launched the smartphone at the end of May, months before competitors began shipping the latest versions of their top phones.

The runaway demand for high-end smartphones fueled record profits at Samsung in recent quarters while other consumer electronics firms were hit by the global economic downturn.

Samsung, which also makes TVs, home appliances, semiconductors and display panels, got almost 70 

This handout photo taken and received by Samsung Electronics on

 October 12, 2012 shows a scaled-down, compact version of its 

flagship Galaxy S III for consumers looking for “more practical” smartphones. 

AFP /Samsung Electronics