Financials
Enterprise IT
Huawei sees $1.5bn in Mideast enterprise revenues by 2017
Chinese equipment maker 'not satisfied' with generating 9% of its Middle East revenues from enterprise.
Chinese telecommunications giant Huawei Technologies Co. aims to grow revenues from its enterprise division in the Middle East, which sells IT services and hardware,...
Financials
Zain Q4 profit plunges 32% of forex losses
Kuwait's Mobile Telecommunications Co., better known as Zain, posted a 32% drop in fourth-quarter profit as volatility on currency markets weighed on the company's results. The telecommunications firm, which operates in eight markets across...
Financials
Qualcomm Q1 net grows 36%, Davis named new CFO
Chip maker raises full-year guidance after strong quarterly results. Qualcomm Inc.'s fiscal first-quarter profit surged 36% as brisk demand from smartphone manufacturers continued to drive the chip maker's stronger-than-expected results. The San Diego chip...
Financials
KDDI Q4 profit surges on iPhone sales
Japanese telco lowers full-year profit outlook on higher fixed-asset writeoff. KDDI Corp. said Monday that its net profit for the October-December quarter nearly doubled from a year earlier, powered by the popularity of smartphones,...
Financials
Verizon Q4 loss widens on charges
U.S. telco posts $4.23 billion loss, but revenue grows to over $30 billion on strong performance from Verizon Wireless. Verizon Communications Inc. reported a fourth-quarter loss Tuesday, as year-end charges and smartphone subsidies weighed...
Financials
PLDT Q3 net profit slips 1.1%, keeps core profit guidance
Philippines operator's latest numbers hit by cost of merging with Digitel, marketing expenses. Philippine Long Distance Telephone Co. Tuesday maintained its core profit guidance for the year as it reported third-quarter net profit was...
Financials
HTC Q3 net profit falls 79%
Taiwanese handset maker's revenue also down sharply as competition, economy take their toll. about 100,000 applications, compared to more than 600,000 for Android and over 800,000 for Apple's iOS," said Fubon analyst Jeff Pu....
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