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Business

Ericsson predicts smartphone traffic to increase 10 times

KUALA LUMPUR: Communications technology and service provider, Ericsson, has predicted smartphone traffic to increase 10 times between 2013 and 2019.

Business

China shares pare gains, HK slips ahead of party plenum outcome

HONG KONG: China shares pared early gains in choppy trade on Tuesday, with Hong Kong markets on the defensive in low volumes as investors awaited the outcome of a key four-day Communist Party policy meeting later in the day.

Business

Mah Sing Q3 net profit surges 27.8%

KUALA LUMPUR: Mah Sing Group Bhd’s net profit surged 27.8% year-on-year to RM70.6mil in the third quarter ended Sept 30, from RM55.2mil.

Business

Westports posts rise in earnings

KUALA LUMPUR: Westports Holdings Bhd, which operates one of Asia’s busiest ports, reported earnings of RM105.73mil in the third quarter (Q3) ended Sept 30.

Business

Increase in September industrial production

PETALING JAYA: Factory output as measured by the industrial production index (IPI) expanded by 1% in September compared with the same month last year.

Business

Westport reports 18.8% rise in Q3 earnings, no dividend

Westport Holdings Bhd reported earnings of RM105.73mil in the third quarter ended Sept 30, 2013, up 18.8% from the RM88.97mil earnings in the same period from the year before.

TECH

Ericsson sees faster surge in smartphone use

Subscriptions for smartphones globally will rise faster than previously thought, almost tripling by 2019 and forcing operators to roll out high-speed networks to cope with surging data traffic, Ericsson said on Monday.

Business

Mah Sing's Q3 earnings rise 27.85% to RM70.618mil

Property developer and plastic manufacturer Mah Sing Group Bhd’s earnings rose 27.85% year-on-year to RM70.618mil, from RM55.232mil, in the third quarter of the financial year ended Dec 31, 2013.

TECH

Apple working on curved iPhone screens, enhanced sensors: report

Apple Inc is developing new iPhone designs including bigger screens with curved glass and enhanced sensors that can detect different levels of pressure, Bloomberg reported on Sunday, citing a unnamed person familiar with the plans.

Business

Apple working on curved iPhone screens, enhanced sensors

NEW YORK: Apple Inc is developing new iPhone designs including bigger screens with curved glass and enhanced sensors that can detect different levels of pressure, Bloomberg reported on Sunday, citing a unnamed person familiar with the plans.