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ELECTRONICS August 13, 2016 Foxconn Sees Q4 Net Profit Dip as Smartphone Demand Slows
By: sristy SahaFoxconn Sees Q4 Net Profit Dip as Smartphone Demand Slows Taiwan’s tech giant Hon Hai said net profit dipped in the fourth quarter, hit by a slowdown in demand for smartphones as key customer Apple warns waning sales of its iPhone. Net income in October-December fell 6.67 percent to TWD 52.9 billion ($1.6 billion or […]
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ELECTRONICS June 24, 2016 Foxconn Sees this autumn net profit Dip as cellphone demand Slows
By: sristy SahaTaiwan’s tech large Hon Hai stated internet earnings dipped inside the fourth area, hit by means of a slowdown in call for for smartphones as key customer Apple warns waning income of its iPhone. net income in October-December fell 6.sixty seven percent to TWD fifty two.9 billion ($1.6 billion or kind of Rs. 10,594 crores) […]
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ALL DEALS March 11, 2016 As start-up funding slows, venture capital firms back in the driver’s seat
By: sristy SahaEven some well-funded start-ups are feeling the heat. Last week, grocery delivery start-up Grofers shut operations in nine cities, citing poor demand. Photo: Ramesh Pathania/Mint Venture capital (VC) firms are again wielding strong control over their portfolio companies, as a funding slowdown helps shift power back to the investors after more than a year when […]