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Navigant forecasts annual plug-in electric vehicle sales in N America to exceed 1.1M by 2024
2015-05-27 12:55:27| Green Car Congress
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Sony forecasts drop in smartphone sales this year
2015-04-30 13:18:00| Telecompaper Headlines
(Telecompaper) Sony announced new medium-term targets for its mobile phone business. It now targets revenues of JPY 1.00-1.25 trillion for the activities in the year to March 2018, compared to a forecast in February of JPY 0.90-1.10 trillion. The higher forecast is due to the inclusion of its So-net unit in the mobile division. The operating margin target was left unchanged at 3-5 percent in FY 2018. In the past year, mobile sales rose 11 percent to JPY 1.32 billion, while the operating result was a loss of JPY 220.4 billion, mainly due to a goodwill impairment of JPY 176 billion as well as the stronger US dollar. In the last quarter to March, mobile revenues were up 1.2 percent year-on-year to JPY 27.16 billion (or +5% at constant currencies), while the operating loss widened to JPY 55 billion from JPY 15 billion. Smartphone unit sales were unchanged over the full year at 39.1 million and fell to 7.9 million in the fourth quarter form 8.8 million a year ago. Sony forecast mobile sales to fall around 7 percent this year to JPY 1.31 trillion, as it scales back its mid-range phones to concentrate on more profitable models. Unit sales will drop to an estimated 30 million, while the operating loss should reduce to JPY 39 billion, thanks in part to restructuring.
Syngenta sales miss forecasts as U.S. winter bites
2015-04-17 12:30:35| Chemicals - Topix.net
Syngenta AG on Friday reported first-quarter sales that failed to meet expectations as the strength of the dollar and a severe winter in the U.S. curbed demand for its crop-protection products. Basel-based Syngenta, which makes agricultural products designed to improve crop productivity, said sales fell 14% to $4.02 billion from $4.68 billion in the same period a year earlier.
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Navigant forecasts global sales of light-duty stop-start vehicles to grow from 19M in 2015 to 59 million by 2024
2015-04-08 10:55:36| Green Car Congress
Xiaomi forecasts sales up over 30% in 2015
2015-03-05 09:27:00| Telecompaper Headlines
(Telecompaper) Chinese smartphone maker Xiaomi expects sales and smartphone shipments to each rise by more than 30 percent this year, the Wall Street Journal reports. The company expects sales to exceed CNY 100 billion (USD 16 billion) this year, Xiaomi CEO Lei Jun said on the sidelines of China's National People's Congress in Beijing. Xiaomi sales more than doubled in 2014 to CNY 74.3 billion. Xiaomi expects to sell 80-100 million smartphones this year, up from 61.1 million last year, Lei said. The company was the world's fifth-largest smartphone maker in the fourth quarter, with a 4.4 percent share of the market, according to market researcher IDC. Lei reiterated his goal of making Xiaomi the world's biggest smartphone maker in the next decade. The company's biggest focus in global expansion this year will remain India, the CEO said. The company also plans to expand to countries such as Russia and Brazil.
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