Chip division continues to carry Samsung
Samsung has released its quarterly numbers, and while it is an improvement on the last quarter, the business is seemingly being propped up by a surging semiconductor unit.
Samsung has released its quarterly numbers, and while it is an improvement on the last quarter, the business is seemingly being propped up by a surging semiconductor unit.
Kit vendor Nokia reported quarterly operating profit 42 percent lower than a year ago in Q2 2018 but reiterated its whole year target, pinning hopes on aggressive 5G rollout.
IBM has reported a second-consecutive quarter of yearly growth with its Strategic Imperatives outperforming declining legacy units once again, with a little bit of help from currency fluctuations.
O2 might be lagging behind when it comes to 4G performance, but its hoping to get ahead of the pack with the launch of a 5G test bed at The O2 in North Greenwich later this year.
Europe’s largest telco Deutsche Telekom has released healthy quarterly results, praising the US T-Mobile business unit in particular.
Deutsche Telekom’s results for the first quarter of the year show that the operator group has seen more than a 50 per cent decline in net profit and a 1.1 per cent reduction in revenue. Net profit fell from €480m to €238m, year-on-year for the first quarter of 2012, while revenue fell to €14.4bn. Adjusted net profit fell 17 per cent year-on-year to €581m.
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