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ZTE H1 growth led by China, network equipment

2015-08-26 14:13:00| Telecompaper Headlines

(Telecompaper) ZTE reported first-half results largely in line with its preliminary report. Revenues rose 21.8 percent to CNY 45.9 billion, and net profit was up 43.2 percent to CNY 1.62 billion. Revenues in its home market China rose 26.5 percent to CNY 24.36 billion, and international revenues were up 16.8 percent to CNY 21.54 billion. Africa showed the strongest growth, with revenues up 54.2 percent to CNY 3.21 billion, and sales to the rest of Asia outside China rose 27.7 percent to CNY 7.20 billion. The final interim report shows that its network equipment business was largely responsible for the growth, with revenues up 30.6 percent year-on-year to CNY 28.51 billion. ZTE said it profited from the issue of FDD LTE licences in China and the government's new programme to expand broadband access in China. Revenues from mobile phones and other end-user devices were down 4.3 percent to CNY 9.96 billion amid a fall in prices in China. ZTE said it focused on the CHina and US markets and expanding its brand awareness and marketing. 

Tags: china network equipment led

 

Annapolis wireless network startup Link Labs raises $5.7M

2015-08-25 20:57:40| Wireless - Topix.net

Annapolis startup Link Labs LLC has raised $5.7 million as the company moves from developing its technology to going after early clients. The Series A round was led by TCP Venture Capital, with investments from the Maryland Venture Fund, Blu Venture Investors and Inflection Point Partners.

Tags: link network wireless labs

 
 

IDG Contributor Network: Wi-Fi challenges Bluetooth for the beacon market

2015-08-25 18:48:19| Wireless - Topix.net

The proximity engagement market just became more competitive. The Wi-Fi Alliance recently unveiled Wi-Fi Aware as an alternative to Bluetooth Smart , the technology behind the Apple iBeacon and Google Eddystone specifications.

Tags: network market challenges bluetooth

 

Whirlpool Corporation Expands Distribution Network

2015-08-25 15:24:47| Appliances - Topix.net

Whirlpool Corporation will invest $21 million to increase the size of its distribution network and has established a new Regional Distribution Center near Chicago, bringing the company's U.S. total of RDCs to 12, including Puerto Rico and Hawaii. Whirlpool is leasing a 750,000-sq.-ft.

Tags: network distribution corporation whirlpool

 

ANSI Cities Network Webinar will focus on cloud privacy standard.

2015-08-25 14:31:10| Industrial Newsroom - All News for Today

On August 27 from 11:00 am to 12:30 pm EDT, webinar hosted by ANSI Network on Smart and Sustainable Cities (ANSSC) will cover ISO/IEC 27018, Information technology – Security techniques – Code of practice for protection of personally identifiable information (PII) in public clouds acting as PII processors. As featured speaker, Laura Lindsay, CSG strategist with Microsoft, will provide corporate perspective on use of said standard. Ms. Lindsay is part of Microsoft's corporate standards team.

Tags: privacy standard network focus

 

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