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Japan Display losses grow to JPY 83 bln in Q1 after asset writedowns
2019-08-12 10:42:00| Telecompaper Headlines
(Telecompaper) Japan Display recorded a net loss of JPY 83.3 billion for its fiscal first quarter to June, widening from a loss of JPY 1.8 billion due to a charge to write-down scrapped production facilities. Revenues fell 12.5 percent to JPY 90.4 billion as the company suffered from reduced smartphone demand and the US-China trade tensions.
Tags: japan
display
grow
asset
Huawei sales up 23% in H1 despite US ban, smartphone shipments grow 24%
2019-07-30 10:38:00| Telecompaper Headlines
(Telecompaper) Huawei said its business remained robust in the first half of 2019, despite the US ban inflicted on the company in May. Revenues for the six months rose 23.2 percent to CNY 401.3 billion, suggesting a slowdown in Q2 after 39 percent growth reported for Q1. The company's net profit margin for H1 was 8.7 percent.
Tags: sales
grow
ban
smartphone
Voice Assistants used to control Smart Homes to grow by 769%
2019-07-29 08:30:31| Digital TV News
According to Juniper Research, the number of voice assistants used to access smart home devices will reach 555 million by 2024; up from 105 million in 2019. By 2024, Juniper Research expects more than 90% of voice assistants to be used to control smart home devices.
Tags: control
voice
homes
smart
O2 UK confirms 5G launch in October as Q2 sales grow 5%
2019-07-25 09:38:00| Telecompaper Headlines
(Telecompaper) O2 UK has confirmed plans for a 5G launch in October, while reporting continued solid growth in Q2 results. Organic revenues rose 4.8 percent year-on-year in Q2, and O2 added over 392,000 mobile contract customers in the period. Underlying OIBDA rose 9.2 percent.
Tags: october
sales
grow
launch
Facebook earnings fall on FTC, tax charges; revenues grow 28%
2019-07-25 07:54:00| Telecompaper Headlines
(Telecompaper) Facebook reported second-quarter net earnings down 49 percent to USD 2.616 billion or 91 cents a share. The results were hurt by another USD 2 billion in provisions for the company's settlement with the FTC and an extra USD 1.1 billion charge for tax.
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