INTERPOL has concluded a two-year global operation to bring to justice criminals operating networks of child sexual abuse websites designed to generate profits from advertising. Running from December 2021 to July 2023, Operation Narsil also [c]
LG Electronics has announced Kshs 100.21 billion in operating profits in its preliminary earnings for the second Quarter of 2023 ending June 30 2023. This is the second-highest second-quarter operating profit in the company’s history. The [c]
The company also recorded Kshs 2.08 trillion in total revenue being the second-highest first-quarter revenue in the company’s history. The LG Home Appliance & Air Solution business unit recorded the highest revenues of Kshs 819.04 billion with an operating profit of Kshs 104.17 billion. [c]
Global smartphone market declined by 18% YoY to reach 304 million units in fourth quarter of 2022. Apple replaced Samsung as the top smartphone player in fourth quarter of 2022, driven by launch of iPhone 14 series. The 2022 global shipments declined by 12% to 1.2 billion units, the lowest since 2013. Global smartphone revenue declined by 9% to $409 billion, the lowest since 2017. [c]
By Mark Wilson As manufacturers seek to eliminate process inefficiencies and maximise profitability, they are adopting automation and turning to digital technologies that provide them cross-departmental visibility and control of their operations. While adopting an [c]
There are a number of different ways that you can increase profits in your small business. Some of these include: 1. Increasing your prices – This is one of the most obvious ways to increase [c]
Pubs are the best place to watch your favorite weekday or weekend sport because of the surety of the HD quality picture, the immersive surround system experience, the crowd that that keeps roaring and the [c]
LG Electronics has announced third-quarter 2021 consolidated revenues of $16.23 billion (Ksh 1.752 trillion), an increase of 22 percent from the same quarter last year, and the highest quarterly revenue in the history of the [c]
LG Electronics has announced first-quarter 2021 consolidated sales of $16.90 billion (Kshs 1.8 trillion) and operating profit of $1.36 billion (Kshs 145 billion) – the highest quarterly results in the company’s history. At 8.1 percent, [c]
Huawei has announced its business results for the first quarter of 2021, which were in line with forecast. In the first quarter of the year, Huawei generated $23.17 billion in revenue, a 16.5% decrease year-on-year. [c]
Huawei has released its 2020 Annual Report which shows that even though growth slowed, the company’s overall business performance was largely in line with forecast. Huawei’s sales revenue in 2020 rounded off at approximately $136.7 [c]
Bharti Airtel saw its overall revenues in Africa increase by 11.2% to $3,422 million, with fourth quarter revenue growth up by 15.1% according to its financial results for the year ended March 31, 2020. Revenue [c]
Organizations that are adopting Artificial Intelligence (AI) and other emerging technologies in finance and operations are growing their annual profits 80 percent faster, according to a new study from Enterprise Strategy Group and Oracle. The global study, Emerging Technologies: [c]
LG Electronics has announced its sales figures for the year indicating revenues of $53.0 billion in 2019, reflecting strong demand for premium home appliances such as LG SIGNATURE and high-growth, category-creating products. The firm’s full-year [c]
By Karn Chauhan The combined profits of Chinese brands grew 24% year-on-year (YoY) as the premium segment grew faster in 2018 than the overall market. The likes of Huawei, OPPO, and vivo were quick to take [c]
Global mobile handset profits grew 13% YoY in Q3 2017 due to strong performance of Samsung and Chinese brands, according to the latest research from Counterpoint’s Market Monitor program for Q3 2017 (July-September), Tarun Pathak, Counterpoint [c]
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