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Nokia posts small underlying profit in Q3, shipments improve

2013-10-29 12:07:00| Telecompaper Headlines

(Telecompaper) Nokia reported a small underlying profit for the third quarter, helped by reduced losses at its mobile phone business. Adjusted EPS was EUR 0.01, versus a loss of EUR 0.07 a year earlier, while revenues were down 22 percent year-on-year to EUR 5.662 billion. The adjusted operating profit more than doubled to EUR 215 million, and the company generated positive operating cash flow of EUR 9 million. The company's main division Devices & Services met its outlook for an adjusted operating margin of around minus 2 percent, with a result of 1.6 percent, and revenues improved sequentially by 6 percent to EUR 2.898 billion, thanks to quarterly growth in shipments of both smartphones and feature phones. Nokia said it expects Devices & Services to remain in the red in Q4, when it will start reporting the unit as discontinued activities, pending completion of the planned sale of the mobile phone business to Microsoft.

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ZTE Selects Freescale's QorIQ Qonverge Small Cell Technology For TD-LTE Deployment

2013-10-29 07:55:02| wirelessdesignonline News Articles

ZTE Corporation, a top global provider of telecommunications equipment and network solutions, has selected Freescale’s QorIQ QonvergeBSC9132 “base station-on-chip” product to power one of the first ever commercial deployments based on the LTE standards.

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ZTE Selects Freescale's QorIQ Qonverge Small Cell Technology For TD-LTE Deployment

2013-10-29 07:55:02| rfglobalnet News Articles

ZTE Corporation, a top global provider of telecommunications equipment and network solutions, has selected Freescale’s QorIQ QonvergeBSC9132 “base station-on-chip” product to power one of the first ever commercial deployments based on the LTE standards.

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Small Illicit Gold Mines Devour Peruvian Amazon Rainforest

2013-10-29 00:21:00| Climate Ark Climate Change & Global Warming Newsfeed

Environment News Service: The area covered by gold mining in the biologically rich Madre De Dios region in the Peruvian Amazon has quadrupled in the years from 1999 to 2012, finds new research published online today. For the first time, researchers have been able to map the true extent of gold mining by combining information from field surveys with airborne mapping and high-resolution satellite monitoring. The Carnegie Airborne Observatory flies over the Madre De Dios region of Peru.(Photo courtesy Greg Asner, Carnegie...

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Inventure Foods makes big jump in Forbes' 'Best Small Companies' list

2013-10-28 23:26:07| Food - Topix.net

Snack maker Inventure Foods Inc. has been named to Forbes' list of "America's Best Small Companies" for the second consecutive year.

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