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Asia

Foxconn predicts continued gains

Contract electronics manufacturer Foxconn reportedly recorded net profit gains in Q1, with a 45 per …

Singtel warns of loss on impairment charges

Singtel prepared to record an exceptional loss of SGD1.2 billion ($906.3 million) in the year …

KDDI focuses on cost cuts

KDDI predicted net profit and revenue for fiscal 2022 (ending 31 March 2022) would be …

SMIC ups revenue target

China-based Semiconductor Manufacturing International Corp (SMIC) raised its H1 revenue guidance, after demand for smartphone …

OneWeb, SoftBank Corp plot Japan satellite move

Satellite communications company OneWeb’s commercial ambitions were boosted by Japanese operator SoftBank Corp, which teamed …

Rakuten Mobile losses widen on capex surge

Rakuten Mobile’s bottom-line was hit by higher network deployment costs and domestic roaming fees during …

Docomo braces for slow growth

NTT Docomo forecast operating profit for fiscal 2021 (the year to end-March 2022) to remain …

Vision Fund pays off for SoftBank

SoftBank Group booked record quarterly earnings for a Japanese company in its fiscal Q4 (to …

Dito readies metro Manila move

Dito Telecommunity teased plans to continue expanding its network by commencing mobile service in parts …

LG Uplus credits 5G for gains

South Korea-based LG Uplus hailed the impact of 5G services on Q1 earnings, with an …