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Qualcomm earnings fall less than expected, reaches new licensing deal with Huawei
2020-07-30 08:24:00| Telecompaper Headlines
(Telecompaper) Qualcomm reported results for its fiscal third quarter to June down sharply from a year earlier, due to the slump in the mobile phone market. Nevertheless, earnings fell less than the company's guidance, to USD 0.74 from USD 1.75 a year ago, and Qualcomm said it ended its long-running licensing dispute with Huawei with a new agreement.
Coronavirus: Nissan shares fall 10% after record loss warning
2020-07-29 06:35:20| BBC News | Business | UK Edition
Japan's second largest carmaker had already been struggling to cut costs and return to profitability.
Tags: record
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warning
TV shipments now expected to fall only 1.7% in 2020
2020-07-27 16:00:46| Digital TV News
According to TrendForce, shipments of TV brands in 2020 are expected to reach a mere 214.11 million units, a 1.7% decrease YoY, but a 4% increase from the previous forecast in March, when the outbreaks spread was most aggressive.
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shipments expected
Verizon Q2 revenues fall 5% on drop in wireless, advertising
2020-07-24 16:00:00| Telecompaper Headlines
(Telecompaper) Verizon reported a small increase in second-quarter net earnings, despite lower revenues, and said it still expects roughly flat earnings in the full year. Sales at the US operator were down 5.1 percent to USD 30.4 billion in Q2, hurt by lower handset sales due to store closures during the coronavirus outbreak as well as reduced usage and roaming by customers. The company said wireless service revenues fell 2.7 percent year-on-year to USD 13.1 billion and forecast a figure flat to 1 percent lower in Q3.
Tags: advertising
fall
wireless
drop
Twitter user growth accelerates in Q2, but revenues, profits fall on weak ad market
2020-07-23 15:15:00| Telecompaper Headlines
(Telecompaper) Twitter reported accelerated growth in users in the second quarter, as more people took to the social media platform to discuss current events. However, the user growth did not translate into more revenues, as the advertising market remained weak during the coronavirus outbreak, and the company reported a loss for the quarter.
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