Chinese hardware vendor Lenovo yesterday published a financial report that featured record performances in virtually every aspect. The company released its fourth-quarter and annual results, revealing sustained strength in the difficult PC market and impressive progress in the mobile devices race.
For the year to 31 March 2013 Lenovo achieved record sales, record pre-tax income and record earnings. Annual revenues increased by 15% to $34 billion, while pre-tax income jumped...
The Cabinet Office and the National Fraud Authority are jointly working on the creation of a "'Counter-Fraud Checking Service" and expect to have an outline business case ready by October, Government Computing reported yesterday.
The website was quoting Lyn McDonald, director of grants efficiency at the Cabinet Office, who made the announcement during her speech at the 2103 Fraud and Error conference. McDonald stressed the government's firm intent to remedy the current situation. As things stand at present, fraud and error cost the UK public sector £30 billion annually...
Growth of 0.4% may not seem like much of a reason for joy but it is enough of a good sign after an entire year of quarterly declines. This is what happened during the first quarter of 2013 in the flat panel display (FPD) TV market, where shipments crept up to 47.6 million units compared to 47.5 million in the comparable quarter of 2012. This marked the first three-month period of growth since the final quarter of 2011, raising expectations for a positive 2013, IHS says in its "Monthly Worldwide FPD TV Shipment Data Report."
Last week, the Korea Times cited Samsung co-chief executive Shin Jong-kyun as saying that the company's latest Galaxy smartphone, the S4, was poised to break through the 10-million sales barrier in record time. The prediction has come to pass, with Samsung officially announcing yesterday that the Galaxy S4 had achieved channel sales of over 10 million units less than a month after its arrival on the market.
Despite a difficult economic environment and cautious IT spending, the global market for IT operations and management (ITOM) software maintained its growth in 2012. Revenues increased by 4.8% to $18 billion, the key driver being sustained investment in virtualisation management solutions and cloud computing technologies, according to a new report from Gartner.
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