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Samsung sees smaller drop in Q4 operating profit on flat revenues

2020-01-08 08:48:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics has forecast operating profit for the fourth quarter of 2019 down by around a third. Revenues are expected flat, the company said in its preliminary earnings guidance. 

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Survey sees streaming subscription fatigue among U.S. consumers

2020-01-06 19:30:52| Digital TV News

59% of Americans are not willing to pay more than $20 a month for streaming TV services, according to a survey by The Trade Desk. Furthermore, 75% will not pay more than $30 a month. These results suggest a subscription fatigue threshold for TV streaming services.

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Cambodia sees surge in export-oriented factories in 2019

2020-01-06 14:08:00| Daily apparel & textile news and comment - from just-style.com

The number of footwear and garment factories registered for exports in Cambodia over 2019 jumped 24% compared with the year earlier, according to new data from the Ministry of Commerce.

Tags: sees cambodia surge factories

 

China factory activity sees slower pace in December

2020-01-03 12:52:00| Daily apparel & textile news and comment - from just-style.com

Factory activity in China continued to rise modestly in December - but the rate of new order growth eased to a three-month low, and export sales rose only slightly, pointing to cooling overseas demand.

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Huawei sees 'difficult' 2020 after slower revenue growth of 18% in 2019

2019-12-31 09:19:00| Telecompaper Headlines

(Telecompaper) Huawei rotating chairman Eric Xu gave a New Year's message to employees and customers, saying 2020 will likely be a "difficult" year, with growth continuing its slowdown on the back of US trade actions, Reuters reported. Xu said revenues for this year are expected at CNY 850 billion (USD 121.72 billion), up 18 percent year-on-year but slower than the 19.5 percent increase the year before and in general, lower than expected.

Tags: in difficult growth revenue

 

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