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Tag: bln
Huawei revenue soars 37% to CNY 395 bln in 2015
2016-04-01 08:54:00| Telecompaper Headlines
(Telecompaper) Huawei reported revenues of CNY 395 billion in 2015, up 37 percent year-on-year and its largest revenue growth since 2008, driven by smartphone sales and widespread 4G network rollout. The China-based company said its Carrier, Enterprise and Consumer segments all achieved strong year-on-year growth, increasing by 21 percent, 44 percent and 73 percent respectively. The Carrier division was boosted by global adoption of 4G technology while the Enterprise group experienced rapid growth in the public safety, finance, transportation and energy sectors. The performance of the Consumer division, meanwhile, was a direct result of increased global demand for the company's products, said Huawei, above all the 100 million-plus smartphone shipments in 2015, a 44 percent annual rise.
Tags: revenue
cny
huawei
soars
KT to invest KRW 150 bln in NB-IoT network, IoST services
2016-03-30 07:14:00| Telecompaper Headlines
(Telecompaper) South Korean operator KT has launched an Internet of Small Things (IoST) service based on a nationwide LTE-M network dedicated to IoST services. The company plans to invest KRW 150 billion (approximately USD 128.73 million) to establish the narrow-band IoT (NB-IoT) network and offer 100,000 IoST sensor modules for developers, The Korea Times reports, citing KT's IoT business division senior vice president Kim June-keun.
Tags: services
network
invest
krw
Colombia's Ecopetrol seeks $2 bln from CB&I on refinery costs
2016-03-29 14:56:49| Industrial Machines - Topix.net
Colombia's state oil company Ecopetrol will seek $2 billion in damages from contractor Chicago Bridge & Iron Company for additional costs during the renovation of Colombia's Reficar refinery, Ecopetrol said late on Monday. Ecopetrol has said bad management at CB&I increased spending on the project by $4 billion, double the original $3.99 billion price tag.
Tags: costs
seeks
refinery
cbi
Taiwan's TSMC signs deal to build $3 bln wafer plant in China
2016-03-28 12:15:56| Semiconductors - Topix.net
Taiwan Semiconductor Manufacturing Co Ltd , the world's top contract chip maker, said on Monday it has signed an agreement with the Nanjing City Government to invest $3 billion building an advanced wafer manufacturing facility in China. The announcement comes after TSMC said in December it planned to set up its first wholly owned advanced fabrication plant in China with a $3 billion investment, highlighting the growing importance of the Chinese market for semiconductor giants.
Canal Plus cuts EUR 1.5 bln distribution deal with beIN
2016-03-25 12:51:00| Telecompaper Headlines
(Telecompaper) French pay TV operator Canal Plus will pay EUR 300 million per year during five years, or a total of EUR 1.5 billion, to pay-TV and entertainment platform beIN Media Group, in order to exclusively distribute content from the MENA sports channel, bfmtv reported. The amount is the minimum guaranteed each year by Canal Plus. If objectives are exceeded, then the company will share revenues beyond the guarantee, equally, with beIN.
Tags: with
eur
distribution
deal
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