Posts Tagged ‘Business’
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Samsung expected to post another disappointing profit in Q3

by: Rob TriggsSeptember 21, 2015
Analysts are reporting that Samsung will post lower than expected profits for Q3 2015, due to slimmer margins from its mobile division.
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China wants US tech firms to sign a ‘pledge of compliance’

by: Rob TriggsSeptember 18, 2015
The head of China's Cyberspace Administration is expected to press US companies operating in China to sign off on a new security pledge at a meeting in Seattle.
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Report: Samsung to cut jobs in China, reduce component orders

by: Rob TriggsSeptember 15, 2015
Reports from China suggest that Samsung is preparing to cut 1,000 jobs and may reduce component orders related to smartphones and tablets.
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(Update: Plans staff relocation instead) Report: Samsung to cut 10 percent of head office staff

by: Rob TriggsSeptember 9, 2015
According to the Economic Daily, a Korean newspaper, Samsung is preparing to cut 10 percent of office staff at its headquarters to help cut costs.
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Smartphone sales see another boost in Q2 2015

by: Rob TriggsAugust 18, 2015
Smartphone sales have grown by another 5 percent in the second quarter of 2015, as the market splits between high and low cost models.
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Motorola expected to cut 500 jobs at its Chicago HQ

by: Rob TriggsAugust 14, 2015
Motorola is apparently planning to shed 500 jobs at its head quarters in Chicago, as part of Lenovo's cost cutting measures.
 
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HTC to cut 15 percent of its workforce following poor sales

by: Rob TriggsAugust 13, 2015
Following poor smartphone sales, HTC has announced plans to lay off 15 percent of its workforce in a bid to cut costs and improve its profitability.
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Lenovo believes Motorola was a smart purchase, despite falling profits

by: Rob TriggsAugust 13, 2015
Lenovo has reported a $292 million loss for its mobile division in the last quarter, amid tough market conditions. The company is looking to focus on its Motorola range.
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Nvidia revenue jumps after strong gaming and automotive chip demand

by: Rob TriggsAugust 7, 2015
Nvidia has reported an unexpected rise in Q2 revenue, following strong demand for desktop graphics and automotive chips.
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Adidas purchases Runtastic for $239 million

by: Rob TriggsAugust 6, 2015
Sports giant Adidas has acquired of Runtastic, an Austrian GPS fitness tracking company, at a cost of €220 million ($239 million) .
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