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Tag: growth targets
LG targets over 50% growth in smartphone shipments this year
2013-02-25 09:02:00| Telecompaper Headlines
(Telecompaper) LG Electronics intends to grow its smartphone shipments 52 percent this year to 40 million, helped by rising demand in emerging markets, Park Jong Seok, head of its mobile-communications division, said ahead of the Mobile World Congress. LG sold 26.3 million smartphones last year and 20.2 million in 2011. Smartphones accounted for more than 50 percent of LG's phone shipments for the first time in the fourth quarter of 2012. LG plans to growth further by expanding its product portfolio and launching devices in new markets, Bloomberg reported from a briefing by the company. "The developed markets are becoming ever more saturated," Park said. "In the smartphone area, we definitely felt the need to diversify our business portfolio." LG plans to focus on high-end smartphones in China because of competition in the low end of the market from local suppliers. In other parts of Asia, as well as in Latin America, the Middle East and Africa, LG is more focused on low-end smartphones with its Optimus L products.
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Vimpelcom targets mid single-digit growth to 2015
2013-01-16 14:56:00| Telecompaper Headlines
(Telecompaper) Vimpelcom has outlined new financial goals at an analysts and investors day. The Russia-based operator, with operations spanning from Bangladesh to Italy and Canada, said it will focus on mobile services going forward, with select fixed-line operations focused on operating cash flow generation. Financial targets for the period 2013-2015 include revenue and EBITDA CAGR of around mid-single digit, net debt below 2x EBITDA by the end of 2015, and capital expenditure, excluding licences, of less than 15 percent of revenues by 2015. Vimpelcom said it will outline at the presentation annual cash flow improvements of USD 2 billion from operations and of USD 600-900 million from finance optimization by the end of 2015. The company also confirmed its intention to make dividend payments of at least USD 0.80 per common share per year between 2012 and 2014, assuming no increase in the number of shares outstanding and "barring unforeseen circumstances".
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PTi Targets Southeast Asia and India as Key Growth Markets for Sheet Extrusion Systems
2013-01-07 06:00:00| Industrial Newsroom - All News for Today
New Sales Agents Give PTi Strong Presence in High-Growth Emerging Regions AURORA, Ill.- Processing Technologies International (PTi), a leading global manufacturer of high-performance sheet extrusion machinery, has identified Southeast Asia and India as key growth markets for its machinery and named two leading manufacturers' representatives to serve its interests in those regions. Kenda Technologies Pte Ltd., based in Singapore, will serve as a sales agent for PTi's broad range of sheet ...This story is related to the following:Materials and Material Processing Sponsored by: CONTREX - PNANewsletter AdSheet Extrusion Systems | Extruding Machinery | Sheet Handling Equipment
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