Expanded 5G portfolio fuels Lenovo growth
Lenovo credited double-digit revenue and profit growth in its mobile division to an expanded smartphone portfolio, with sales of 5G models more than tripling year-on-year in its fiscal Q4 2022…
China Mobile returns to consumer growth led by 5G
China Mobile credited profit and revenue growth in 2021 to a turnaround in its consumer market, with 5G subscribers more than doubling and ARPU inching higher. In a statement, chairman…
ZTE profit grows on domestic 5G demand
China-based ZTE booked profit growth in the first nine months of 2021, with a rising share of the country’s 5G market driving a double-digit increase in revenue. Net profit increased…
HKT ekes out 2020 profit despite revenue dip
HKT’s top line was hit by sinking handset sales and weak mobile service revenue as the Covid-19 (coronavirus) pandemic deepened a recession in Hong Kong in 2020, but the operator’s…
Mollenkopf focuses Qualcomm on 5G opportunity
Qualcomm predicted 5G would drive a boom in sales in the current quarter and increased handset shipments across fiscal 2021, as it posted strong gains in profit and revenue in…