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Huawei reports 2014 profit up 33 percent

Huawei Technologies Ltd., one of the world's biggest makers of telecommunications equipment, said Tuesday its 2014 profit rose 33 percent, helped by strong sales of smartphones.

dateMar 31, 2015 in Business
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Samsung reports record-high profit for 3Q

Operating profit at Samsung Electronics hit another record high in the July-September quarter, likely driven by robust sales of its cheaper mid-range smartphones in developing countries.

dateOct 04, 2013 in Business
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New losses at Alcatel-Lucent amid rehaul

Telecommunications equipment maker Alcatel-Lucent SA lost 200 million euros ($274,000) in the third quarter, including costs of restructuring efforts aimed at turning around the long-struggling company.

dateOct 31, 2013 in Business
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Low-cost smartphones boost Android

A surge in low-cost smartphone sales, notably in emerging markets, helped the Google Android platform extend its dominance in the second quarter, a survey showed Thursday.

dateAug 14, 2014 in Business
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Sony winning console wars

Sony are winning the console wars for the first time in nearly a decade, a company official confirmed Monday, offering a rare bright spot on the firm's otherwise troubled balance sheet.

dateJun 09, 2014 in Business
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