Wireless will lead IC spending this year growing by 13.5% to $69.6 billion, says IHS. Of the other six major IC application areas, five will show growth of up to 6.5% and one will decline 1.7%. Total semiconductor spending will rise ...
Tags: Wireless, IC spending, IC application
Cisco CEO John Chambers has reiterated the company’s ambitions to become the biggest company in IT after the firm posted higher revenue and profit in its fiscal second quarter. For the quarter ended on January 26, Cisco posted ...
Tags: Cisco, John Chambers, revenue
Raysut Cement, the largest producer in Oman, has cccfor the year ended December 31, 2012, according to the company s initial results posted on the Muscat Securities Market. Net profit rose to from $38.8m (OMR 14.95m) in 2011 to $63.7m ...
Tags: Raysut Cement, net profit, cement
North American metals distribution company Russel Metals reported that Q4 2012 earnings totaled $20 million or $0.34 per share on revenues of $766 million, compared to 2011 Q4 earnings per share of $0.47 on revenues of $712 million. ...
Acquisitions abroad boosted annual sales at Swiss dairy group Emmi in 2012, figures releases today (7 February) showed. The company booked a 9.6% increase in revenue last year to CHF2.98bn. However, on an organic basis, which excludes M&A ...
Tags: dairy group, sales, organic dairy
Swedish retailer Axfood saw its profits increase in 2012 but CEO Anders Strålman expressed dissatisfaction with the company's like-for-like sales. Axfood booked a 4.5% rise in profit after tax to SEK895m. Impairment costs at its ...
Online grocer Ocado today (7 February) revealed its losses narrowed in the year to 2 December amid higher sales. The group booked a loss of GBP600,000 (US$940,291) in the 53 weeks to 2 December, down from a loss of GBP2.4m in the ...
Tags: Ocado, Online grocer, sales
Food manufacturing and consumer goods giant Unilever has demonstrated skill in navigating choppy global waters by delivering a solid performance in its fourth quarter results to December 31, with sales up by 10.5% to €1.3bn and profits ...
US meat group Tyson Foods is expanding four of its plants in the country as part of a strategy to "add value" to their products. Tyson said it has spent US$40m on facilities in Texas, Tennessee, Virginia and Florida. "Tyson continues ...
Tags: meat plants, meat group, Tyson
Only 18% of UK IT spending is devoted to innovation. Research from CA Technologies suggests that businesses in the UK must embrace new technologies in order to stay globally competitive. According to the study, the country with the ...
Mindsharp is pleased to announce its new partnership with DevElements in its Partner Program. MAPLE GROVE, MN, February 07, 2013 /24-7PressRelease/ -- Mindsharp, a SharePoint Education company, continues to connect with other technology ...
Tags: Mindsharp, DevElements, company news
Australian businesses have pulled back their profit expectations for the coming months as they anticipate modest sales activity, difficult trading conditions and subdued consumer activity. After showing signs of optimism leading into the ...
Korean Hyundai Steel recently announced its financial result for 2012. In 2012, the company realized sales revenues of KRW14.1 trillion, falling by 7.4% year on year. The sales profits were at KRW8.7 hundred billion, decreasing by ...
Tags: Steel, Hyundai Steel, Steel Sales
Hain Celestial has booked an increase in first-half profits, which benefited from higher sales and improved margins. The company revealed yesterday (6 February) that net income for the first six months of the year rose to US$48m from ...
Tags: Hain, profits, organic food
IDG News Service - Oracle has agreed to pay US$1.7 billion for Acme Packet, a network equipment vendor specializing in session delivery. Carriers and enterprises use Acme's products to manage the quality of voice, video, application or ...