Business and Economy (Page 174)

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Huawei announced its business results for the first half of 2020 today. The company generated over US $ 64.2 billion (CNY 454 billion) in revenue during this period, a 13.1% increase year-on-year, with a net profit margin of 9.2%. Huawei’s carrier, enterprise, and consumer businesses achieved US $ 22.58 billionContinue Reading

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IFS, the global enterprise applications company, was recently recognized in the top five Export Corporate Brands for IT Services in the latest edition of the Brands Annual magazine. IFS secured this achievement on the back of outstanding financial performance and delivering best-in-class ERP solutions to both local and international customers.Continue Reading

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Axiata Digital Labs (ADL) today announced its participation in TM Forum’s renowned collaborative proof-of-concept Catalyst program focused on co-creating innovative solutions to important industry challenges leveraging key TM Forum best practices and standards. ADL is participating in the App Trading Marketplace: a framework for CSP collaboration – Phase II, whichContinue Reading

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Ultra large 5000mAH battery with 8GB + 128GB of RAM & ROM The innovative smartphone manufacturer, vivo Mobile is set to release their mid range mobile device Y50, to Sri Lankan market in later this month. The device is expected to cater towards many consumer requirements on extended battery powerContinue Reading