Wednesday , 17 December 2025

Recent Posts

Hon Hai posts profit rise after record iPhone sales

  Bloomberg Hon Hai Precision Industry Co.’s reported an unexpected rise in quarterly earnings after the main assembler of Apple Inc.’s devices rode record iPhone sales during the pivotal holiday shopping period. The world’s biggest contract manufacturer of electronics reported a 30 percent increase in net income to NT$68.8 billion ($2.3 billion) in the three months ended December, according to …

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Huawei sales up 32%, profit little-changed

  AP Huawei Technology Ltd., the world’s biggest maker of telecoms equipment, said its 2016 sales rose 32 percent from a year earlier but profit increased by only 0.4 percent due to higher spending on research and marketing. Huawei said it earned 37 billion yuan ($5.4 billion) on total revenue that rose 32 percent to 521.6 billion yuan ($75.6 billion). …

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BlackBerry surpasses $640 million target in software revenue

  Bloomberg BlackBerry Ltd. is finally starting to look like a real software company. After three years of acquisitions, layoffs and trying to convince customers it could do more than build smartphones, the Canadian company’s software revenue and profit margins are growing in the way Chief Executive Officer John Chen wants them to. The stock too: It rose the most …

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