4G drives 43% profit growth for ZTE
ZTE said that 4G growth gave a strong boost to both profit and revenue in the first half of 2015. According to preliminary results released today, the company is expecting first half profit attributable to shareholders of CNY1. 61 billion ($259.
Restructuring charges hit Ericsson profit
Ericsson saw its bottom line hit by restructuring charges in Q2, although on a positive note its troubled North American operation has stabilised compared with the start of the year. The company reported a net income of SEK2.
Google cites mobile growth in strong Q2
Google announced solid results for the second quarter of 2015, which it said reflected growth across a range of products, “most notably core search, where mobile stood out, as well as YouTube and programmatic advertising”.
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