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

another 100,000 Teslas recalled in China

another 100,000 Teslas recalled in China

The Chinese regulator explained this time that it was a reloading problem. The American electric car giant Tesla must recall more than 100,000 vehicles for the third time since April, this time due to a charging problem, the Chinese regulator announced on Monday. Read alsoRenault: the Alpine factory in Dieppe reinvigorated by electric The electrical … 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

32% drop in turnover, weighed down by US sanctions

32% drop in turnover, weighed down by US sanctions

The group was blacklisted by Donald Trump’s government, a position that has not been reviewed since. Chinese telecoms giant Huawei on Friday announced a third-to-one revenue response for the first three quarters, as a result of US sanctions. The group achieved between January and September a turnover of 455.8 billion yuan (71.3 billion euros), he … 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

Tesla reports first quarter profit of 3.3 billion and exceeds expectations

Tesla reports first quarter profit of 3.3 billion and exceeds expectations

Elon Musk’s group saw its net profit multiply by seven over the period, while its turnover rose by 81%. Tesla managed to deliver record results in the first quarter of 2022 despite problems with its supply chain and Covid-19, which slowed production at its factories, and rising commodity prices. The turnover of the group of … 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