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Huawei expects 10% growth in network equipment sales

2013-04-04 09:05:00| Telecompaper Headlines

(Telecompaper) Huawei expects its network infrastructure business to see at least 10 percent growth this year as rising demand for next-generation products in Europe and elsewhere more than offset lost sales in the US. The head of the company's wireless network marketing unit, Bob Cai, told the Wall Street Journal that this target was not particularly ambitious. Huawei's equipment business grew 11 percent in 2012. The wireless network equipment market was worth USD 7.4 billion in 2011, when it accounted for 23 percent of total revenues. Huawei's equipment exports to the US are stalled over security concerns.

Tags: sales network equipment growth

 

Huawei exec expects no wireless network growth in US this year

2013-04-03 02:00:00| Total Telecom industry news

Bob Cai sees Chinese vendor's infrastructure division growing 11% in 2013.

Tags: this year network growth

 
 

Tesla Motors expects first profit; Fisker Automotive eyes bankruptcy

2013-04-02 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Christian Science Monitor: The contrasting narratives are not unusual in an electric car industry marked by highs and lows. Fisker shut down production of its plug-in hybrid Karma last November after its battery manufacturer declared bankruptcy. It has struggled, and failed, to restart production of the luxury sedan ever since. Tesla is no stranger to hiccups either. A calamitous February test drive by a New York Times reporter created a public relations headache. The ensuing spat between Tesla and the Times raised questions...

Tags: eyes automotive profit motors

 

Tesla expects first-quarter profits after strong demand for Model S

2013-04-01 19:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Electric-car maker Tesla said it expects a first-quarter profit on both a net and adjusted basis following stronger-than-expected sales of its Model S sedan, sending its shares soaring more than 19% in early trading on Monday. Tesla also said it was dropping plans to produce a low-end version of the Model S due to lack of demand, and will focus instead on higher-margin editions of the car. Model S sales exceeded 4,750 units in the quarter, higher than the 4,500 Tesla had forecast, the company...

Tags: s model strong demand

 

UPDATE 1-CB&I expects 2013 project awards to outpace revenue

2013-03-28 18:03:38| Industrial Machines - Topix.net

ROB Insight is The Globe and Mail's exclusive feature led by a team of award-winning editors and writers who provide you with in-depth analysis on breaking business news and the issues that matter most.

Tags: project update awards revenue

 

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