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Huawei's H1 smartphone revenue doubled in China

2015-07-21 15:39:49| Semiconductors - Topix.net

Huawei Technologies Co Ltd [HWT.UL] doubled its China smartphone revenue in the first half of this year, defying a slowdown in the world's biggest handset market that is enveloping rivals Xiaomi Inc [XTC.UL] and Samsung Electronics Co Ltd at the high-end of the market, where analysts said an increasing number of previously price-conscious Chinese consumers are willing to spend their money. In contrast to Huawei, overall smartphone shipments in China shrank for the first time in six years in the first quarter, and one-time leader Xiaomi booked its first fall in sequential semi-annual sales, saying the domestic market is nearing saturation.

Tags: china revenue smartphone doubled

 

United Technologies says strong dollar, slowing China to dent full-year profit

2015-07-21 14:03:40| Industrial Machines - Topix.net

"With six months of trends behind us, it is now clear the commercial aftermarket at UTC Aerospace Systems will be significantly below our expectations for the year," Chief Executive Gregory Hayes said in the company's second-quarter earnings statement. He said weakness for Otis in Europe and a slowing China had led the company to revise down estimates for both businesses.

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United Technologies says strong dollar, slowing China to dent full-year profit

2015-07-21 13:49:59| Paper - Topix.net

"With six months of trends behind us, it is now clear the commercial aftermarket at UTC Aerospace Systems will be significantly below our expectations for the year," Chief Executive Gregory Hayes said in the company's second-quarter earnings statement. He said weakness for Otis in Europe and a slowing China had led the company to revise down estimates for both businesses.

Tags: united china strong technologies

 

Honeywell to Improve Operations for Liquefied Natural Gas Pipeline in China

2015-07-21 12:31:15| Industrial Newsroom - All News for Today

Technology from Honeywell Process Solutions Helping Meet Energy Demand in Guangxi BEIJING  Honeywell (NYSE:HON) Process Solutions (HPS) today announced that its technology will help improve operations for Chinas long-distance Guangxi liquefied natural gas (LNG) high-pressure pipeline. A key strategic project of...

Tags: china improve natural operations

 

Vishay Intertechnology's UMB 0207 MELF Resistor Receives EDN China 2015 Innovation Award in Passive Components Category

2015-07-21 12:31:15| Industrial Newsroom - All News for Today

MALVERN, Pa. Vishay Intertechnology, Inc. (NYSE: VSH) today announced that its UMB 0207 series of ultra-precision thin film MELF resistors has won an EDN China 2015 Innovation Award. The UMB 0207 received a Leading Product Award in the Passive Components category at an award ceremony on June 25 in Shanghai. Senior...

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