Intel's sales and profits have slumped as the world's biggest computer chip manufacturer feels the impact of a decline in PC sales. The company's fourth quarter report shows year-on-year net income fell 27 per cent to $2.5bn, ...
Tags: Intel, computer chip, PC sales
The Chinese steelmaker Shagang released its estimated adjusted financial result for 2012 on January 11st, 2013. In 2012, the company realized a net profit of RMB13~RMB40 million, slumping by 85%~95% from a net profit of RMB278 million in ...
Tags: Shagang, steel, Net Profits, financial result
According to statistics released by China’s National Development and Reform Commission (NDRC), the country’s iron and steel industry realized gross profits of RMB113.1 billion in the first 10 months of this year, slumping by ...
Tags: China, NDRC, iron, steel, gross profits
Smartphone manufacturer HTC is confident it can turn its fortunes around after a poor 2012. Shares in the Taiwanese firm have dropped by as much as 80 per cent since 2010, as sales of devices such as the HTC Desire have suffered at the ...
Tags: HTC, Apple, Samsung, Smartphone Market
Dell, once the world's biggest PC maker, has seen its quarterly profits slump by 47 per cent year on year to $475m (£300m), with sales to both consumers and businesses down. Third-quarter revenues from consumers were hit ...
Tags: Dell, PC, profits slump, sales
Citrix saw profits slump by 15% in the third quarter to $78.2m (GBP49m), while sales increased by 13% to $641.4m. The results follows those of rival VMware, which also saw a double-digit drop in profits of 12% to $157m, while sales ...
Tags: Citrix, VMware, Angela Eager, TechMarketView, desktop
Taiwanese smartphone company HTC has posted a third quarter profit drop of 79 per cent,as the gap between the company and market leaders Samsung and Apple grows ever wider. HTC has reported a net profit of NT$3.9bn(£83m)from July to ...
Tags: HTC, smartphone, Samsung, Apple
Australian food manufacturer Goodman Fielder is to shut three bakery facilities in a bid to create a "more sustainable business" in the sector. Goodman Fielder, which is undergoing a major review of its operations to make it more ...
Tags: Bakery Plants, Profits, bakery facilities
Grupo Bimbo saw its third-quarter earnings tumble 82% after it incurred a jump in pension costs and charges from the integration of the Sara Lee business the bakery giant acquired in North America. The Mexican company reported net income ...
Tags: Profits, pension costs, net sales
Cargill has said that it remains confident in its prospects, despite a 56% drop in full-year profits. For the 12 months to the end of May, Cargill saw profits slide to US$1.17bn. Fourth-quarter profits plunged by 82% to $404m, marking the ...
Tags: Profits Slump, Slump, record profits
Chinese meat processor Zhongpin saw its half-year net profits slump 36% despite posting a rise in revenues. Net income attributable to Zhongpin shareholders for first six months of the year ending 30 June was US$23.2m, compared to $36.2m ...
Tags: Zhongpin, half year net profits, revenue rise, gross profit margin
Smartphone manufacturers Apple and HTC have settled their patent dispute, which began in March 2010. The firms have also signed a 10-year licensing agreement that "extends to current and future patents held by both parties", according to ...
Tags: HTC, Apple, patent dispute, Tim Cook