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  • August 2, 2014
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  1. Business - Companies - EARNINGS

    Hutchison Telecom expects better days ahead after drop in 1H net profit

    Posted Jul 31st 2014, 01:24am by BIEN PEREZ

    ... to HK$6.23 billion from HK$6.15 billion a year ago. Alvin Kwock, the Asia-Pacific head of technology research at JP Morgan Securities, said the launch of Apple's much-anticipated iPhone ...

  2. Business - China Business - EARNINGS

    Huawei sees solid year after first-half sales grow 19 per cent

    Posted Jul 22nd 2014, 12:29am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Telecoms equipment supplier bullish on outlook after posting 19 per cent rise in first-half revenue Huawei expects strong demand for its products Huawei Technologies, the world's second-biggest telecommunications equipment supplier, aims to record "sustainable business growth" this year on strong demand for its 4G long term evolution ...

  3. Business - Companies - EARNINGS

    IBM revenue falls further in second quarter but beats market target

    Posted Jul 19th 2014, 01:58am by BLOOM

    ... a share for this year. It is contending with technology customers that increasingly seek to store data and software on cloud-computing networks, rather than on site. That has limited clients' ... US$1 billion to create a group around its technology that lets customers use plain English to analyse large troves of data. To remake its cloud business, Rometty bought provider SoftLayer ...

  4. Business - Companies - EARNINGS

    Foxconn chief Gou calls for patience as he invests to tap new markets

    Posted Jun 26th 2014, 01:07am by BLOOM

    ... Bloomberg in Taipei iPhone maker to add 15,000 workers in Taiwan and boost automation in bid to tap new markets Foxconn chief calls for patience as growth slows Foxconn Technology chairman ... that will not replace Chinese manufacturing jobs, Gou said. The jobs, which include 5,000 at the company's Taipei headquarters, will be for research-and-development and next-generation technologies ...

  5. Business - Companies - EARNINGS

    Jeweller Luk Fook posts record profit of HK$1.86b after gold binge

    Posted Jun 27th 2014, 01:04am by TIFFANY AP

    ... but in Macau our rental expense is still rising very fast. "In Hong Kong we will work on finding more attractive spaces." Over the past year, the group has focused on opening landmark stores ...

  6. Business - Companies - EARNINGS

    iPhone maker Hon Hai benefits from weaker yuan

    Posted May 16th 2014, 01:05am by BLOOM

    ... Bloomberg in Taipei Hon Hai profit surges on weak yuan Hon Hai Precision Industry, the largest company in the Foxconn Technology Group, posted its fastest profit growth for the industry's traditional low season in four years as it boosted efficiency and gained from a fall in the yuan. First-quarter net income climbed 20 per cent to NT$19.5 billion (HK$5 billion), according ...

  7. Business - China Business - EARNINGS

    Profit at tech firm Tencent up 60pc in first quarter year on year

    Posted May 15th 2014, 01:43am by Sophie Yu

    ... Menon, technology analyst at Bloomberg Industries, said Tencent's tripling of its mobile game revenue in only a couple of quarters since introducing games in WeChat is "impressive" ...

  8. Business - Companies - EARNINGS

    LG enjoys boom in large screen TVs from Winter Olympics, World Cup

    Posted Apr 30th 2014, 01:31am by BLOOM

    ... across the industry as it adds televisions with flexible screens and ultra high definition technology. The rebound in its biggest business comes as LG benefits from lower manufacturing costs, ... Technologies and Xiaomi. LG released its 5.5-inch 4G smartphone through China Mobile in February to bolster sales through the world's largest carrier. LG was ranked fourth in the global smartphone ...

  9. Business - China Business - EARNINGS

    SMIC shores up chip production with US$1b capital outlay this year

    Posted Apr 30th 2014, 01:31am by BIEN PEREZ

    ... with customers to provide the integrated circuits required for 4G LTE (long-term evolution technology) handsets in China," chief executive Chiu Tzu-yin said yesterday in a conference call ...

  10. Business - Companies - EARNINGS

    Apple sales surprises even the bulls

    Posted Apr 25th 2014, 12:45am by Reuters

    ... in 2007, and finally the iPad in 2010. But now, as Google spends billions to buy up technology from robotics to artificial intelligence, and Samsung Electronics and other Android-device makers eat ...




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