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Dorchester Center, MA 02124
Mobile revenue dropped to £3.8 billion in 2019 from £5.4 billion
Revenue is barely 1/6 of 2017 figure
Revenue drop in line with predictions
Sales down quarterly and yearly, although operating loss narrows
Company looking to downsize offices and employee numbers
The company say they have shipped 185 million smartphones this year
Mobile revenue up quarterly, down yearly
Company’s wider sales decreases due to US-China and Korea-Japan tension
The loss is attributed to consumers not upgrading as much as they use to. Dixons wants to renegotiate new deals with operators