Sunday, 17 August 2025
27.8 C
Singapore
26.7 C
Thailand
19.4 C
Indonesia
28 C
Philippines

Tag: Financial

Lenovo posts record Q1 results with strong growth across all business units

Lenovo reports record Q1 revenue and profit, driven by hybrid AI strategy, innovation investment, and strong growth across all business units.

Apple to collaborate with Samsung on iPhone image sensors in Texas

Apple partners with Samsung to produce next-generation iPhone image sensors in Texas, utilising new chip technology amid the US supply chain expansion.

Armis surpasses US$300 million ARR as demand for cyber risk management rises

Armis surpasses US$300 million in ARR as demand for cyber risk and CPS security solutions drives rapid growth across global enterprises.

Nintendo sets new milestone as Switch 2 surpasses 5.8 million units sold in debut month

Nintendo Switch 2 sells over 5.8 million units in June, making it the company’s fastest-selling console ever.

Microsoft’s Bing gains ground as Google’s search share slips

Microsoft’s Bing gains US and global search share, challenging Google’s dominance with AI-powered updates and increased ad revenue.

Apple reaches 3 billion iPhones sold since the 2007 launch

Apple hits 3 billion iPhones sold as Q3 2025 earnings soar past expectations, with rising sales ahead of expected tariff-related price hikes.

Xbox Game Pass generates nearly US$5 billion in annual revenue, says Microsoft

Xbox Game Pass generates nearly US$5 billion in annual revenue as Microsoft reports record growth in gaming content and services.

Microsoft to invest over US$30 billion in capital spending amid AI boom

Microsoft will spend over US$30 billion next quarter to expand AI and cloud capacity, marking its largest capital investment to date.

CATL posts 34% first-half profit growth despite global EV slowdown

CATL reports a 34% profit rise in Q2, defying the global EV slump with strategic expansion and strong growth in battery materials.

Mainland investment boom lifts Hong Kong’s market

Chinese firms turn to Hong Kong listings after mainland investors spend US$93B on stocks, eyeing global growth and fresh funding sources.

Microsoft to announce major Xbox layoffs next week

Microsoft is preparing to cut more Xbox jobs next week as part of a larger restructure. Layoffs are also expected in its sales division.

StarHub ranks among Southeast Asia’s largest companies for second year

StarHub ranks 187th on the 2025 Fortune Southeast Asia 500, with strong enterprise growth and continued focus on digital innovation.