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Tag: growth
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
WPP boss bullish on Chinese growth
2015-08-26 08:44:52| BBC News | Business | UK Edition
Martin Sorrell, chief executive of advertising giant WPP, expresses optimism about China's growth, despite fears over its economic health.
Tags: growth
chinese
boss
bullish
BillerudKorsnäs Investigates Opportunities For Growth
2015-08-26 03:52:49| pulpandpaperonline Home Page
The demand for sustainable packaging solutions is growing globally. BillerudKorsnäs wants to explore the opportunities to respond to the demand growth while at the same time streamline and further improve its production structure
Tags: growth
opportunities
investigates
Smartphone Growth Expected to Slow in 2015
2015-08-25 18:01:41| PC Magazine Cell Phones Product Guide
IDC said to expect a "noticeable slowdown in smartphone shipments in 2015 as China joins North America and Western Europe in a more mature growth pattern."
Tags: expected
growth
slow
smartphone
IDC cuts smartphone growth forecast on China slowdown
2015-08-25 15:52:00| Telecompaper Headlines
(Telecompaper) IDC has cut its forecast for global smartphones sales this year, due to the slowdown in China. It now expects annual growth of 10.4 percent to shipments of 1.44 billion smartphones, down from its previous forecast of 11.3 percent growth in 2015. China is the world's largest smartphone market, good for almost a third of phones sold last year. However, growth in China is expected to slow to just 1.2 percent this year, from 19.7 percent in 2014, as the market matures in line with the pattern seen in many Western countries. China is expected to still remain the largest market for smartphone volumes throughout IDC's forecast period, but its share will fall to an estimated 23.1 percent in 2019 as other markets like India continue to expand.
Tags: china
growth
cuts
forecast
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