UK-based microprocessor designer ARM Holdings has published quarterly results that show revenue up 26% year-on-year.
Revenue reached £171.2 million, while pre-tax profit was up 30% to £86.6 million. The company also said it had generated a record £96 million in cash.
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Wireless technology business Qualcomm Incorporated has announced results for the three months up to 30th June.
Revenue was up 35% year-on-year to $6.24 billion (£4.06 billion), while net income increased 31% to $1.58 billion.
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Carphone Warehouse Group plc has published an interim management statement for the first quarter of its financial year, which ran until 29th June.
Like-for-like sales at its CPW Europe business were up 10.6% year-on-year, while total connections were up 6.0% to 2.11 million.
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Refunds offered to all customers
Less than five months after the public launch of its Help at Hand mobile care service, O2 UK has decided to close the m-health service down.
O2 Help at Hand was launched online and in shops on 5th March, having previously just been available via the NHS and local authorities. Customers received a mobile phone that offered GPS tracking, could automatically detect if the user fell and also had an ‘emergency’ button to contact a 24-hour support centre.
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Second-quarter financial results from LG Electronics show revenue up 10.1% year-on-year to KRW 15.23 trillion (£8.9 billion), although net profit was down 8% year-on-year to KRW 156 billion (£91 million).
The LG Mobile Communications Company saw revenue rise 34.5% year-on-year to KRW 3.12 trillion (£1.8 billion), with smartphone shipments reaching a new quarterly record of 12.1 million units.
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