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......»»

Category: topSource: digitimesFeb 23rd, 2021

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......»»

Category: topSource: digitimesDec 22nd, 2020

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......»»

Category: topSource: digitimesJan 14th, 2021

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......»»

Category: topSource: digitimesDec 30th, 2020

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......»»

Category: topSource: digitimesDec 17th, 2020

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......»»

Category: topSource: digitimesMay 6th, 2020

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......»»

Category: topSource: digitimesFeb 5th, 2020

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......»»

Category: topSource: digitimesOct 30th, 2019

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......»»

Category: topSource: moneycentralJun 1st, 2018

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......»»

Category: topSource: foxnewsNov 19th, 2018

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......»»

Category: topSource: marketwatch13 hr. 38 min. ago

: 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......»»

Category: topSource: marketwatch17 hr. 8 min. ago

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.....»»

Category: smallbizSource: nyt18 hr. 48 min. ago

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 .....»»

Category: worldSource: nytFeb 27th, 2021

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......»»

Category: topSource: marketwatchFeb 27th, 2021

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......»»

Category: topSource: foxnewsFeb 27th, 2021

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.....»»

Category: smallbizSource: nytFeb 26th, 2021

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......»»

Category: topSource: digitimesFeb 26th, 2021

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......»»

Category: topSource: digitimesFeb 26th, 2021

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&.....»»

Category: earningsSource: benzingaFeb 25th, 2021

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......»»

Category: topSource: marketwatchFeb 25th, 2021