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Chinese telcommunications giant Huawei increased revenue by 32% to US$75.1 billion to record net profits of US$5.3 billion in 2016, up by just 0.4% as the company continued to invest in further global market expansion.

Published in Telecoms & NBN

Global voice specialist MNF Group says profit is up for the full year ending 30 June, with EBITDA up 46% to $17.8 million.

Published in Telecoms & NBN

US global storage giant Seagate has suffered a loss in the latest quarter on the back of lessening demand for its storage products.

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