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Huawei grows revenues 8%, profits 33% in 2012

2013-01-21 09:37:00| Telecompaper Headlines

(Telecompaper) Huawei expects its revenues to have risen by 8 percent to CNY 220.2 billion and its net profit by 33 percent to CNY 15.4 billion in 2012, announced group CFO Cathy Meng. Around 70 percent of revenue was generated from leading telecom operators, including 45 of the world's top 50. The carrier network business had CNY 160.3 billion of sales, the consumer business CNY 48.4 billion with continued growth in Europe and Japan, and the enterprise business CNY 11.5 billion. International markets accounted for 66 percent of group revenue last year. The company invested CNY 29.9 billion in R&D last year, or over 13 percent of revenue. The 2012 results audited by KPMG will be outlined in Huawei's annual report in April. Huawei projects that it will increase its revenue by 10-12 percent in 2013.

Tags: in profits revenues grows

 

'Made in America' grows fashionable among luxury brands

2013-01-19 20:58:11| Apparel - Topix.net

NEW YORK Discounter Wal-Mart Stores Inc. isn't the only company taking steps to buy more goods made in America.

Tags: made america brands luxury

 
 

Cheap smartphones global market grows

2013-01-12 19:36:24| MobileTechNews

Nokia's releases fourth quarter results showing the company's low-end smartphone line Asha outpaced the higher-end Lumia devices by two to one.

Tags: market global cheap grows

 

Extreme Weather Grows in Frequency and Intensity Around World

2013-01-11 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: Britons may remember 2012 as the year the weather spun off its rails in a chaotic concoction of drought, deluge and flooding, but the unpredictability of it all turns out to have been all too predictable: Around the world, extreme has become the new commonplace. Especially lately. China is enduring its coldest winter in nearly 30 years. Brazil is in the grip of a dreadful heat spell. Eastern Russia is so freezing minus 50 degrees Fahrenheit, and counting that the traffic lights recently stopped...

Tags: world weather extreme frequency

 

American Airlines revenue miles rise, Latin America unit grows

2013-01-10 20:08:46| Airlines - Topix.net

AMR Corp. , the parent of American Airlines and American Eagle, has reported that passenger revenue miles increased 2.1 percent to 11.3 million in December.

Tags: american america unit miles

 

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