Industry – Page 675 – channelnews

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Intel Revenue Jumps As Sales Of PC, IoT Chips Zoom

Computer Daily News July 31, 2017 No Comments

Intel has reported Q2 revenue and profit topping analysts’ expectations and raising its year outlook, citing higher expectations for PC sales this year. Revenue in the three months ended June…

Amazon Raids Singapore Market Ahead Of Australian Push

Computer Daily News July 31, 2017 No Comments

In what could be a preview of battles to come in Australia when Amazon makes its long-expected entry to the Down Under market, Amazon and Chinese player Alibaba are going…

SoundCloud Closes Sydney Office

Fergus Halliday July 28, 2017 No Comments

Embattled music streaming player SoundCloud have taken another blow today, with Ad News reporting that the company’s Sydney office will close down today. Part of the company’s previously announced cost cutting…

LG Revenues Grow To $12.89 Billion Despite Mobile Trouble

Fergus Halliday July 28, 2017 No Comments

LG has reported revenue growth almost across the board for the second quarter of 2017, posting a quarterly operating income of $588.2 million. 13.6% higher than the previous year’s result,…

Switch Boosts Nintendo Profit

Computer Daily News July 28, 2017 No Comments

Nintendo’s Switch console, pictured, has been a hit with fans and the company’s balance sheet. Q1 profit for the games company beat analyst expectations, boosted by a strong performance from…

Amazon Costs Rise As They Move Into OZ, Retailer Faces Losing Three Buyers

David Richards July 28, 2017 No Comments

Amazon.com who is looking to hire senior executives ahead of their role out in Australia has allocated “tens of millions” in costs for the local operation according to sources. The…

Samsung Race Ahead In Latest Earnings Report

Fergus Halliday July 27, 2017 No Comments

Samsung has posted a record profit for the quarter, with approximately $6.7 billion (AU) in revenues and $896 million in profits. “Looking ahead to the third quarter, the company expects…

AMD Basks In Revenue Jump

Computer Daily News July 27, 2017 No Comments

Advanced Micro Devices has forecast current-quarter revenue above estimates and raised full-year expectations, based on robust demand for its graphics chips and its new Ryzen processors for PCs. AMD now…

Apple A Winner With Trump, But Must Pay $506m Damages

Computer Daily News July 27, 2017 No Comments

Donald Trump says Apple is moving forward with establishing three big factories in the US. The US President told the Wall Street Journal that Apple CEO Tim Cook had called…

Vodafone Urges NBN Price Cut

Computer Daily News July 27, 2017 No Comments

Vodafone Hutchison Australia has called on NBN Co to reduce its network access charge, while still meeting the government-mandated commercial rate of return. Vodafone GM Matthew Lobb said NBN Co…