Chinese technology business Huawei has released financial results for 2012. Sales revenue was up almost 8% to 220.19 billion Chinese yen (£23.2 billion), while net profit was up 32% to 15.38 billion yen (£1.6 billion).
The company’s Carrier Network business group saw sales up 6.7% year-on-year, while the Enterprise business group had a 25.8% sales increase and the Consumer business group’s sales revenue was up 8.4%.
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Something old, something new...
Mark Bridge writes:
Let’s start with a slightly belated birthday wish to the hand-held mobile phone, which made its first public appearance on 3rd April 1973. At that point we’d had carphones for a while… but this was the first time anyone had heard the phrase “Sorry, I’ve got to go, the battery’s running out” spoken in public. Or something like that.
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Samsung Electronics has published interim financial figures for the first quarter of 2013. This guidance is usually issued a few weeks ahead of the formal results.
Consolidated operating profit was approximately 8.7 trillion Korean won (£5 billion).
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HP (Hewlett-Packard) says its executive chairman, Raymond Lane, has decided to step down. He’ll remain as a director but will be replaced on an interim basis by investor Ralph Whitworth.
Directors John Hammergren and Ken Thompson are also leaving after the May board meeting.
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Today Facebook has announced ‘Home’, a new Android-based application that offers a Facebook-centred experience on compatible mobile phones.
The first handset that’ll be preloaded with Facebook Home is the HTC First. It’ll be available on AT&T in the United States from Friday 12th April and will then have an exclusive UK launch on EE in the summer.
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