Smartphone
Huawei’s first quarter revenue tumbles as smartphone sales plunge
Huawei’s smartphone business has struggled under U.S. sanctions that restrict it from buying chips and other components from key suppliers. Costfoto | Future Publishing | Getty Images BEIJING — Chinese telecommunications giant Huawei announced Thursday that first quarter revenue fell by nearly 14% from a year ago, while its profit margin more than halved. “Our […]
Read More
Technology
Sarcos Technology and Robotics Corporation Announces Third Quarter 2021 Financial Results
Closed the business combination with Rotor Acquisition Corp. September 24, 2021, and listed on The Nasdaq Global Market on September 27, 2021 Ended the third quarter 2021 with $239 million in unrestricted cash and cash equivalents Substantial progress on Guardian® XO® and Guardian® XTTM “Beta” unit development with no “showstoppers” on the horizon SALT LAKE […]
Read More