Vietnam ships over US$50 billion handsets, handset components in 2020
Vietnam's exports of handsets and handset components decreased for the first time in 11 years by 0.4% to US$51.18 billion in 2020, according to local media reports, citing data from the General Statistics Office of Vietnam......»»
Vietnam handsets and related components output value totals US$46.9 billion
The output value of Vietnam's handset and related component industry came to US$46.9 billion in the first 11 months of 2020, accounting for 18.4% of the country's total export value during the 11-month period, according to a local media report......»»
Global smartphone shipments dip 8.8% in 2020, says Digitimes Research
Global smartphone shipments suffered an annual 8.8% decline to 1.24 billion units in 2020, as the rampage of the coronavirus pandemic crippled handset demand and shipments, Digitimes Research has found......»»
Top-50 Vietnam brands see value rise 28% in 2020
Total value of Vietnam's top-50 most valuable brands has gone up 28% this year, growing from US$18.8 billion in 2019 to US$26.1 billion in 2020, according to Brand Finance......»»
Taiwan 2020 output for automotive electronics estimated at NT$280 billion
Taiwan-based makers of automotive electronic components and devices will generate NT$280 billion (US$9.72 billion) in output in 2020, according to Leu Jang-hwa, director general for Industrial Development Bureau......»»
Chinese handset ODMs enjoy ramp-up in lucrative orders
Chinese handset ODM Wingtech Technology and components maker Luxshare Precision Industry have posted significant on-year revenue and profit increases for the first quarter of 2020, despite sluggish domestic demand in China......»»
Handset components suppliers conservative about 1Q20 revenues
Taiwan handset supply chain players are conservative about their first-quarter 2020 revenues due to seasonality and the coronavirus outbreak, with their Chinese clients seeing high inventory levels, according to industry sources......»»
Samsung to ship more handsets built by ODM partners in 2020, says report
Samsung is expected to give more handset orders to its ODM production partners in China in 2020 as the Korean vendor seeks to further improve its competitiveness by reducing production costs, according to a Korea-based Newsis News Agency report......»»
Here"s what Richard Branson"s new Virgin cruise ship looks like
Richard Branson's Virgin Voyages has unveiled plans for its new $2.5 billion fleet of three ships. It's designed to attract people who have never been on a cruise before. The first cruise ship sets sail for the Caribbean in 2020......»»
Vietnam and Russia aim to triple bilateral trade by 2020
The prime ministers of Vietnam and Russia have agreed to nearly triple their bilateral trade volume to $10 billion by 2020 from $3.55 billion last year......»»
Earnings Results: Zoom earnings roared to nearly $1 billion in 2020, and the stock is rising again
Zoom Video Communications Inc.'s rip-roaring ride resumed its meteoric trajectory Monday, with shares jumping as the company detailed the results of becoming a lifeline for those stuck at home due to the COVID-19 pandemic: Booming profit and revenue......»»
: AstraZeneca sold its stake in Moderna for more than $1 billion, as it looks to develop its own pipeline of drugs
The sale comes after shares in COVID-19 vaccine maker Moderna soared fivefold in 2020......»»
IBEX 35 companies lose more than 9 billion euros in 2020, tourism and banking are the worst affected sectors
2020 was not a good year for IBEX 35 companies, which lost around 9,000 million euros, Efe calculates. The most compro.....»»
The Tokyo 2020 Olympics may cost more than $26 billion - and the estimate keeps rising
The 2020 Olympics in Tokyo are the most expensive summer games ever, and last year's postponement added nearly $3 billion to the total. The cost to put on the .....»»
The New York Post: Warren Buffett admits ‘mistake’ cost Berkshire Hathaway $11 billion
Berkshire Hathaway earned $42.5 billion in 2020, but on Saturday, CEO Warren Buffett admitted the conglomerate’s results for the year included a rare “mistake” — that cost the company $11 billion......»»
In Warren Buffett’s annual letter he admits making this ‘big’ mistake
Berkshire Hathaway CEO Warren Buffett admitted to investors in his annual letter that a mistake he made led to an $11 billion loss in 2020, even as quarterly profits continued to rise......»»
US investors were paid record dividends in 2020, study finds
US dividend payments climbed 2.6% to a record high of $503.1 billion last year, according to the Janus Henderson Global Dividend Index. James Leynse/Getty Images US stock investors were paid a record amount of dividends in 2020, accordin.....»»
Lite-On Tech to hike capex 47% in 2021
EMS provider Lite-On Technology plans to budget NT$5 billion (US$178 million) in 2021 capex, increasing 47% from 2020, mainly for a new factory in southern Taiwan and overseas capacity expansions, according to company president Anson Chiu......»»
Global government IT spending to grow 5% in 2021, says Gartner
Worldwide government IT spending is forecast to total US$483 billion in 2021, an increase of 5.1% from 2020, according to Gartner......»»
Aecon reports year-end 2020 results
TORONTO, Feb. 25, 2021 /CNW/ - Aecon Group Inc. (TSX:ARE) today reported results for the fourth quarter and year-end 2020 including full year revenue of $3.6 billion and backlog of $6.5 billion as at December 31, 2020. Aecon&.....»»
The Tell: A new wave of fearless retail investors could be ready to pour $170 billion into stocks, says Deutsche Bank
Deutsche Bank has taken the pulse of a wave of individual investors that blossomed in 2020 and drove a market rally from last March. And they are ready to keep buying stocks......»»