#growth

1:19am, 20th May, 2020

Lenovo profit beats estimates, sees growth as more people work from home

Lenovo Group, the world's biggest maker of personal computers, reported a deep slump in fourth-quarter profit due to disruptions caused by the coronavirus crisis, although the result was far better than expectations.

Foxconn quarterly profit plummets, sees new growth from post-virus lifestyles

5:54am, 15th May, 2020

News

Foxconn quarterly profit plummets, sees new growth from post-virus lifestyles

Foxconn's first-quarter profit plunged to its lowest in two decades, all but wiped out, after the coronavirus pandemic forced the Taiwanese firm to suspend manufacturing operations in China and knocked demand from customers including Apple Inc .

Huawei first-quarter revenue growth slows sharply amid U.S. ban, virus headwinds

5:02am, 21st April, 2020

News

Huawei first-quarter revenue growth slows sharply amid U.S. ban, virus headwinds

Huawei Technologies' revenue growth slowed sharply in the first quarter but the world's top telecoms equipment supplier labeled the performance as "resilient" in light of pressure from the United States and the impact of the COVID-19 pandemic.

Telenor sees modest growth, job cuts as 5G gathers speed

3:54am, 3rd March, 2020

News

Telenor sees modest growth, job cuts as 5G gathers speed

Norway's Telenor will see revenue growth of up to 2% annually until 2022, as it cuts costs further, rolls out 5G telecoms networks and increases dividends every year, the company said on Tuesday.

"Sharia fintech": Startups race to tap Indonesia growth by aligning with Islam

1:48am, 3rd March, 2020

News

"Sharia fintech": Startups race to tap Indonesia growth by aligning with Islam

Like millions of other Indonesians, Gandi Iswara had for years carried a wad of currency notes for dropping into donation boxes after prayers at mosques in suburban Jakarta.

Chinese tech firms' search for growth seen boosting costs in March quarter

2:16am, 9th May, 2019

News

Chinese tech firms' search for growth seen boosting costs in March quarter

Three of China's biggest tech companies are expected to report that they ramped up or broadly maintained their pace of quarterly spending to develop new technology and push into relatively new markets, as current growth drivers stall.

Exclusive: Sequoia China to cut up to 20 percent of investment staff as tech growth slows - sources

2:58am, 6th May, 2019

News

Exclusive: Sequoia China to cut up to 20 percent of investment staff as tech growth slows - sources

Sequoia Capital China, widely viewed as a bellwether for Chinese tech investment, is set to lay off as much as 20 percent of investment staff as a slowdown in the country's tech sector saps appetite for risk, said two people with knowledge of th...

Uber quizzed on growth at IPO roadshow in London

3:43pm, 29th April, 2019

News

Uber quizzed on growth at IPO roadshow in London

Uber Technologies Inc Chief Executive Dara Khosrowshahi sought to persuade money managers in London that the loss-making ride hailing firm's growth plans justified a valuation of up to $91.5 billion in an initial public offering (IPO).

The Switch has now outsold the N64, but Nintendo sees growth slowing

8:00am, 25th April, 2019

Games

The Switch has now outsold the N64, but Nintendo sees growth slowing

Switch has now outsold its N64 console on lifetime sales, but prospects for the portable gaming system look mixed for the next year following a conservative sales forecast. just its end of year financials, and in doing so it revealed that it sold 16...

Microsoft tops $1 trillion as it predicts more cloud growth

8:20pm, 24th April, 2019

News

Microsoft tops $1 trillion as it predicts more cloud growth

Microsoft Corp on Wednesday briefly topped $1 trillion in value for the first time after executives predicted continued growth for its cloud computing business.