replica of sales in the 1st quarter, under the effect of sanctions

replica of sales in the 1st quarter, under the effect of sanctions

Huawei on Thursday announced a 14% drop in its first quarter sales, the Chinese telecom giant remaining penalized by American sanctions. In the January-March period, Huawei’s revenue amounted to 131 billion yuan (18.8 billion euros), compared to 152.2 billion yuan a year earlier. In the first trimester,our consumer business was very heavily penalized“, a statement … Read more

nearly 60% increase in net profit in Q1

nearly 60% increase in net profit in Q1

South Korean giant Samsung Electronics on Thursday April 28 announced a 58.57% link in its net profit in the first quarter of 2022 compared to the same period of the previous year, thanks to strong demand for memory chips and sustained smartphone sales. Net profit for the world’s largest smartphone maker reached 11.32 trillion won … Read more

judge drastically reduces Tesla damages to ex-employee

judge drastically reduces Tesla damages to ex-employee

An American judge drastically reduced Wednesday – from 137 to 15 million dollars – the damages that Tesla will have to pay to an ex-employee victim of racism, while maintaining the failure of the automaker. Read alsoTesla Motors, the start-up that has succeeded in the electric car bet The San Francisco judge revealed “excessive” the … Read more

Risk of opening the hood while driving: recall of Tesla cars

Risk of opening the hood while driving: recall of Tesla cars

Tesla Model S and Model 3 sedans produced from 2014 to 2021 are affected by this recall ordered by the European Commission. The European Commission has ordered the recall of Tesla Model S and Model 3 cars produced since 2014, due to a fragile front hood, according to an alert posted online on Friday. Read … Read more

Saudi Aramco overtakes Apple as top market cap

Saudi Aramco overtakes Apple as top market cap

The titles of the Saudi giant have been boosted by the recent surge in crude oil prices. The oil group Saudi Aramco dethroned Apple from the rank of the world’s largest market capitalization on Wednesday May 11, as the shares of the Saudi giant were boosted by the recent surge in crude oil prices. Read … Read more