Mobile handset sales up 6.7 percentOctober 9th, 2009 NEW DELHI - Mobile handset sales in India recorded a 6.7 percent increase to 100.9 million in the year ended June 30, as compared to 94.6 million the year before, according to an IT market intelligence firm. In terms of units shipped, Nokia sold the most with a market share of 56.8 percent, followed by Samsung with a 7.7 percent share and LG with 5.4 percent share in the 12-month period ended June 30, said a report by IDC's India Quarterly Mobile Handsets Tracker.
Analyst attributes 4Q solar shipment growth outlook to German market, raises estimatesSeptember 21st, 2009 4Q solar growth outlook driven by Germany-analystNEW YORK — Fourth-quarter solar shipments could rise from third-quarter levels, despite typical seasonal weakness, driven mainly by German shipments, said an analyst on Monday as he held to his ratings for First Solar Inc. and SunPower Corp., while maintaining a "Neutral" rating for the sector.
Rambus raises 3rd-quarter revenue estimate on chip shipment increase, lowers expense forecastSeptember 15th, 2009 Rambus boosts 3Q revenue outlookLOS ALTOS, Calif. — Memory chip designer Rambus Inc.
US rail shipments fell 16.4 percent in August, industry trade group reportsSeptember 10th, 2009 US rail shipments fell 16.4 percent in AugustWASHINGTON — Shipments carried by U.S. railroads fell 16.4 percent last month compared with a year earlier, a major industry trade group reported Thursday.
US rail shipments fall 16.1 percent, yet highest in 6 months, industry trade group reportsSeptember 3rd, 2009 Weekly US rail shipments fall 16.1 percentWASHINGTON — Shipments carried by U.S. railroads fell 16.1 percent last week compared with a year earlier, a major industry trade group reported Thursday.
Unemployment rate in California climbs to 11.9 percent in July, up from 11.6 percentAugust 21st, 2009 California unemployment rate climbs to 11.9 pct.SAN FRANCISCO — California's unemployment rate climbed to 11.9 percent in July, the highest number in modern record-keeping. That's an increase from 11.6 percent in June and considerably higher than the jobless rate of 7.3 percent a year ago.
Genesee & Wyoming posts 1.2 percent drop in July traffic on lower pulp and paper shipmentsAugust 14th, 2009 Genesee & Wyoming July traffic falls 1.2 percentGREENWICH, Conn. — Regional freight railroad operator Genesee & Wyoming Inc.
New EU seafood import rule worries Indian exportersJuly 20th, 2009 KOCHI - A proposed European Union (EU) guideline - requiring imported seafood to be accompanied by a "catch certificate" issued by a competent authority - is worrisome, say India's seafood exporters. The certificate will state the area from where the catch shipped to the EU was made, the method of fishing adopted, the trawler used and all processing details.
Air India, SpiceJet raise fuel surcharge by Rs.400June 18th, 2009 MUMBAI - National carrier Air India and SpiceJet joined Jet Airways and Kingfisher Airlines Thursday in hiking fuel surcharge on tickets by Rs.400. "We have decided to increase the fuel surcharge by Rs.400 in the domestic sector and this will be effective from tomorrow (Friday)," Air India's spokesperson told IANS Thursday.
Computer sales up 7 percent in January-March quarterJune 12th, 2009 NEW DELHI - Personal computer (PC) sales in India were up 7 percent in the first three months of this year over the last quarter of 2008 but were still about 19 percent less compared to the year-ago period, according to an IT media house report. "A total of 16,79,000 units of client PCs (desktops and notebooks) were shipped during the January-March quarter of 2009," said a report from IDC India, a subsidiary of CyberMedia, a leading IT publication.
Report: Low demand for steel drags down iron ore shipments on Great LakesJune 10th, 2009 Report: Iron ore shipments down on Great LakesCLEVELAND — Iron ore shipments on the Great Lakes are down substantially because of the low demand for steel, a report from a trade association of cargo ships said Tuesday. The Lake Carriers' Association said iron ore shipments in May totaled only 3 million tons, a decrease of nearly 60 percent compared to a year ago.
Business outlook has improved for India Inc: CII surveyJune 8th, 2009 NEW DELHI - Despite signs of an improving economy, India Inc feels actual recovery will happen only after September, a survey by the Confederation of Indian Industry (CII) has found. According to the survey, conducted by the CII northern region, 96 percent of respondents believe a turnaround would happen only in the second half of 2009-10, thanks to the ongoing global slowdown
The survey found 72 percent of respondents expecting the economic growth to be in the range of 5-7 percent this fiscal.
Novellus Systems posts 1Q loss, but shares rise after CEO says orders 'beginning to rebound'April 23rd, 2009 Novellus Systems posts 1Q loss as shipments dropSAN JOSE, Calif. — Novellus Systems Inc., which makes gear for producing computer chips, said on Wednesday that it lost $66.4 million in the first-quarter as shipments fell by nearly half from the previous quarter.
Japan posts trade deficit for past year, the first in nearly three decadesApril 22nd, 2009 Japan posts first annual trade deficit in 28 yearsTOKYO — Japan reported Wednesday its first annual trade deficit in 28 years. The deficit for the fiscal year that ended in March was 725.3 billion yen ($7.35 billion), the Finance Ministry said.
Over two million personal computers shipped in third quarterDecember 24th, 2008 NEW DELHI - About 2.27 million personal computers (PCs) were shipped in India during the third quarter this year, reflecting a growth of 1.7 percent as compared to the corresponding period last year, according to a recent IDC's India Quarterly PC Tracker 2008 third quarter survey. IDC, provider of market intelligence, advisory services and events for the information technology and telecommunications sector, said desktop shipments fell 8.9 percent while notebook shipments grew 37.8 percent during July-September, compared to the same period in 2007.
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