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Tag: revenues
Chinese telecom revenues hit 162bn in 2014
2015-01-22 01:00:00| Total Telecom industry news
Non-voice revenues account for over 58% of telecoms service revenues in China, according to new statistics from the MIIT.
Tags: hit
chinese
telecom
revenues
ABF to close Chinese sugar factories but Primark revenues rise
2015-01-16 08:18:57| Sugar Industry News
Associated British Foods (LSE: ABF.L - news) to take hit as it shuts two Chinese factories as cost of sugar declines but its Primark clothing business continues to grow
Tags: close
chinese
rise
sugar
Satellite dominates Sub-Saharan Africa pay TV revenues
2015-01-14 09:00:27| Digital TV News
Pay TV revenues in Sub-Saharan Africa will reach $6.22 billion in 2020, up from $3.54 billion in 2014 and $1.92 billion in 2010, according to a report from Digital TV Research.
Tags: pay
africa
satellite
revenues
Huawei revenues up 20% in 2014, led by smartphone growth
2015-01-13 08:55:00| Telecompaper Headlines
(Telecompaper) Huawei's revenues rose nearly 20 percent in 2014 to CNY 287-289 billion. Revenue at the Carrier Network business increased by 15 percent, led by a steady increase in 3G investment and the jump in 4G investments across the globe. Huawei's Enterprise Business grew revenue by around 27 percent, and the business now serves more than 100 of the world's top 500 companies. The Consumer Business showed the strongest growth, with a revenue increase of around 32 percent thanks to higher sales of mid-range and high-end smartphones. CFO Meng Wanzhou announced that profits from Huawei's main businesses were expected to reach CNY 33.9-34.3 billion, with a margin of 12 percent, in line with 2013. Both cash flow from operating activities and asset to liability ratios remained stable and strong, the company said without disclosing further figures. The company's R&D investment reached CNY 39.5-40.5 billion in 2014, an increase of 28 percent over 2013. Huawei will release its final financial results in March.
Tags: led
growth
revenues
smartphone
Xiaomi FY revenues leap 135% to CNY 74.3 bln
2015-01-05 09:24:00| Telecompaper Headlines
(Telecompaper) Chinese smartphone maker Xiaomi Technology said pre-tax revenues jumped 135 percent year-on-year to CNY 74.3 billion (USD 12 billion) in 2014, CEO Lei Jun said on his official microblog account, as reported by Reuters. Xiaomi sold a total of just over 61 million phones last year, up 227 percent from the year before. Lei added that growth in China's smartphone market was expected to ease this year and that the company wanted to focus on innovating new products and pushing into more overseas markets. The blog post did not give a related profit figure. Part of the business made CNY 347.5 million net profit last year on revenue of CNY 26.6 billion and an operating margin of 1.8 percent. Lei, who is both chairman and chief executive, said he holds 77.8 percent of the company he co-founded in 2010, with unnamed shareholders splitting the rest, according to a recent filing.
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