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Nintendo rally sees its market value soar past Sony
2016-07-19 14:18:06| BBC News | Business | UK Edition
Think of a Japanese tech giant, a truly global player made in Japan - Sony, you say? Well, think again. Or rather - think Nintendo instead.
Tags: market
past
sony
nintendo
Ericsson sales fall 11% in Q2, sees weak H2
2016-07-19 08:37:00| Telecompaper Headlines
(Telecompaper) Ericsson reported a further slowdown in sales in the second quarter, with revenues falling 11 percent year-on-year to SEK 54.1 billion due to the economic weakness in parts of the world. The company's main growth markets, China and North America, posted flat sales, and sales grew only in southeast Asia and Oceania. Ericsson said it expects the sales trend to continue in the second half of the year. A larger share of mobile broadband coverage contracts and services business led to a fall in the gross margin to 32.3 percent from 33.2 percent a year ago, and the operating margin dropped to 5.1 percent from 5.9, also impacted by a negative revaluation effects of currency hedge contracts. Net profit declined 26 percent year-on-year to SEK 1.6 billion, and operating cash flow was a negative SEK 0.7 billion. Ericsson said it will take further actions to reduce costs, targeting a new annual run rate of operating expenses, excluding restructuring charges, of SEK 53 billion in the second half of 2017.
Tags: sales
fall
weak
ericsson
CCA Sees Rise in Sales
2016-07-18 18:55:00| Happi Breaking News
Six months bring in over $10 million.
Messaging app Line sees shares surge 50% in Tokyo debut
2016-07-15 04:31:19| BBC News | Business | UK Edition
Shares of Japanese messaging app Line surge by 50% in its Tokyo trading debut, making it the biggest tech listing so far this year.
AT&T sees flying cows providing connectivity
2016-07-15 02:00:00| Total Telecom industry news
U.S. telco looks ahead to use of drone technology to boost LTE network capacity.
Tags: providing
att
flying
sees
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