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China Unicom 2016 net profit slump 94.1%

China Unicom on March 15 released its financial report for 2016, posting consolidated revenues of CNY240.98 billion (US$36.29 billion), growing 2.4% on year, EBITDA (earnings before interest, tax, depreciation, amortization) of CNY79.50 billion, down.....»»

Category: itSource:  digitimesMar 17th, 2017

FCA increases Q2 operating profit 15%

Fiat Chrysler reported operating profit for the second quarter increased 15 percent compared to last year to $2.19 billion, despite shipments and revenue being roughly the same......»»

Category: topSource:  autonewsRelated News37 min. ago

Nissan posts 13% drop in Q1 profit on higher expenses, incentives

Nissan posted a 13 percent drop in quarterly operating profit, as a rise in marketing and selling expenses, including incentives, offset a rise in global vehicle sales......»»

Category: autoSource:  autonewsRelated News1 hr. 12 min. ago

Xiaomi Launches Mi 5X In China For CNY 1,499

Chinese smartphone maker Xiaomi has recently launched its new smartphone, the Xiaomi Mi 5X which seems to be a mid range device having pretty decent set of technical specifications on board. The Xiaomi Mi 5X comes with an octa core Snapdragon 625 pro.....»»

Category: topSource:  techtreeRelated News2 hr. 20 min. ago

PayPal ties up with one of China"s biggest tech firms, to court China"s ravenous shoppers

As Chinese consumers continue to spend more money online, one of China's biggest tech companies wants to profit from their spending on overseas websites. Baidu, which runs China's biggest search engine, has partnered with PayPal, to allow its users t.....»»

Category: topSource:  mashableRelated News3 hr. 13 min. ago

Video shows the moment Justin Bieber accidentally hit a photographer with his car

Justin Bieber has been involved in a car accident, but luckily nobody was seriously hurt.  SEE ALSO: China won't let Justin Bieber perform there because he's been a bad boy The pop star accidentally hit a photographer with his truck while leavin.....»»

Category: topSource:  mashableRelated News3 hr. 13 min. ago

Yes, there are minions drifting down a river

Nothing to see here, just a couple of minions drifting down a river. A stream of minions were seen floating along a river in inflatable rafts in China's Hunan province. SEE ALSO: McDonald's unveils Minions-themed menu, and nope, nope, nope, nope, nop.....»»

Category: topSource:  mashableRelated News3 hr. 13 min. ago

Wafer suppliers to build new 8-inch plants in China

Additional new production capacity for 8-inch silicon wafers is expected to emerge in China, with companies including GlobalWafers and Wafer Works looking to build new plants......»»

Category: itSource:  digitimesRelated News4 hr. 21 min. ago

Taiwan panel makers ready to face challenge from China 10.5G line

While BOE Technology is slated to kick off production at its 10.5G fab in 2018 sparking concerns of panel oversupply in the coming year, AU Optronics (AUO) and Innolux both have said they will move to the upper end of the panel market to lessen the i.....»»

Category: itSource:  digitimesRelated News4 hr. 21 min. ago

Taiwan market: Sunny Founder scores points in PV crowdfunding

Sunny Founder has finished crowdfunding for 11 rooftop PV systems in Taiwan since operation began in October 2016, with investors in four rooftop systems beginning to receive return on investment from selling generated electricity to state-run Taiwan.....»»

Category: itSource:  digitimesRelated News5 hr. 57 min. ago

Shanghai forms CNY50 billion IC industry investment fund

The city government of Shanghai, China recently introduced a CNY50 billion (US$7.4 billion) IC industry investment fund aimed at cultivating and supporting the local leading enterprises, according to a recent Chinese-language Commercial Times report......»»

Category: itSource:  digitimesRelated News5 hr. 57 min. ago

Innolux reports NT$12.1 billion in 2Q17 net profit

Innolux has announced consolidated revenues of NT$84.5 billion (US$2.782 billion) and operating income of NT$15.8 billion for the second quarter of 2017. Net profit for the quarter reached NT$12.1 billion or NT$1.22 per share......»»

Category: itSource:  digitimesRelated News5 hr. 57 min. ago

Foxconn increases server production in southwestern China, says Nikkei

Foxconn Electronics' China-based subsidiary HongFuJin Precision Electronics (Guiyang) set up a server factory in Quizhou Province, southwestern China, at an investment CNY350 million (US$51.7 million) in 2015, and starting production in March 2016......»»

Category: itSource:  digitimesRelated News5 hr. 57 min. ago

Elan posts EPS of NT$1.04 in 1H17

Touch and fingerprint sensor vendor Elan Microelectronics has reported net profit surged 74% from a year earlier to NT$405 million (US$13.3 million) in the first half of 2017. EPS for the six-month period came to NT$1.04......»»

Category: itSource:  digitimesRelated News5 hr. 57 min. ago

HTC and Qualcomm’s stand-alone VR headset will be sold only in China

During ChinaJoy 2017, HTC said that it teamed up with Qualcomm to provide a stand-alone VR headset for the Chinese market. The details are scarce, but it won't involve Google, meaning the unit won't support the Daydream platform. The post HTC and Qua.....»»

Category: topSource:  digitaltrendsRelated News11 hr. 21 min. ago

Facebook’s Profit and Revenue Surge, Despite Company Predictions of a Slowdown

Facebook executives have cautioning investors that the social-networking giant’s growth might start to slow. The latest earnings report suggests that hasn’t happened yet......»»

Category: topSource:  nytRelated News12 hr. 21 min. ago

AMD"s huge Radeon driver update might have GeForce fans green with envy

AMD has released a Radeon driver update for PC, and it's no simple update. This version is probably the biggest driver release since the launch of AMD's first Radeon Software Crimson ReLive Edition package in late 2016. The post AMD's huge Radeo.....»»

Category: topSource:  digitaltrendsRelated News13 hr. 57 min. ago

AMD launches its biggest driver update since the intro of Crimson ReLive Edition

AMD has released a Radeon driver update for PC, and it's no simple update. This version is probably the biggest driver release since the launch of AMD's first Radeon Software Crimson ReLive Edition package in late 2016. The post AMD launches its bigg.....»»

Category: topSource:  digitaltrendsRelated News15 hr. 21 min. ago

Lawsuit seeks Ajit Pai’s net neutrality talks with Internet providers

FCC accused of not complying with FoIA request for Pai's talks with ISPs. Enlarge / FCC Chairman Ajit Pai testifying before a Senate subcommittee on May 11, 2016, when he was a commissioner. (credit: Nicholas Kamm/AFP/Getty Images) The Federa.....»»

Category: topSource:  arstechnicaRelated News16 hr. 13 min. ago

Democrat asks FCC chair if anything can stop net neutrality rollback

Ajit Pai ignoring evidence that net neutrality helps businesses, lawmaker says. Enlarge / US Rep. Michael Doyle (D-Penn.). (credit: Getty Images | Bloomberg) US Rep. Michael Doyle (D-Penn.) yesterday accused Federal Communications Commission C.....»»

Category: topSource:  arstechnicaRelated News17 hr. 29 min. ago

Verizon accused of violating net neutrality rules by throttling video

FCC has no comment on petition to investigate Verizon slowing video to 10Mbps. Enlarge (credit: Getty Images | Steven Puetzer) The Federal Communications Commission should investigate whether Verizon Wireless violated net neutrality rules by t.....»»

Category: topSource:  arstechnicaRelated News17 hr. 29 min. ago