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The Taiwanese manufacturer of computer equipment and electronics, Acer, reported an increase in consolidated profit in the third quarter by 7.8% in annual terms to 65 billion 330 million Taiwanese dollars. Compared with the second quarter, the figure increased by 11.7%. The September figure increased by 2.5% both in annual and quarterly terms and amounted to 22 billion 920 million Taiwanese dollars. Significant quarterly results were achieved, primarily due to the growth in revenue from gaming products for the quarter by 74% and from the Chromebook line – by 49%. Revenue growth was observed in all regions.
On Friday, the Chinese technology company ByteDance said that it would consider listing its domestic businesses in Hong Kong or Shanghai due to rising Sino-U.S. tensions. The company's standalone listing in Hong Kong or Shanghai might value ...
On Friday, Caterpillar Inc (CAT.N) announced a lower second-quarter profit because of the recession caused by the coronavirus outbreak. The decline was due to lower sales volume and changes in dealer inventories. During the second quarter ...
American multinational automaker Ford Motor Co. (F.N) announced on Thursday that its vehicle sales increased by 3% from April to June in mainland China. It would be the first time that the company's first quarterly sales rose in the world's ...
On Monday, Fujitsu Ltd. (6702.T) announced that it would halve its office space in Japan by March 2023 as it pushes for its 80,000 employees to work remotely amid the coronavirus outbreak. The IT solutions company said that its employees would ...
On Thursday, the semiconductor manufacturing company Broadcom Inc. (AVGO.O) posted its second-quarter revenue estimates worth $5.742 billion and suggests a delay on the Apple Inc.’s (AAPL.O) iPhone 12 launch on the first week of September ...
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