Adaptation
Huawei Outpaces Apple And Domestic Rivals Despite US Sanctions
Brands Companies Electronics Finance News

Huawei Defies Odds, Expected Revenue Above $98 Bn On 9% YoY Growth

Chinese tech giant Huawei Technologies is reportedly expected to exceed its revenue by USD 98.5 billion for 2023, indicating a 9 per cent YoY revenue growth from last year, according to a media report on Friday. The forecast further suggested Huawei’s rebounding after US sanctions in 2019 that damaged some of its business lines. The […]

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Unilever Splits Ice Cream Unit, Cuts 7,500 Jobs In Cost-Saving Move
Companies FMCG News

HUL Shifts Focus To Volume Growth, Price Cuts In India Amid FMCG Market Reshuffling

Unilever has reported increased competition from smaller players in the Indian Fast Moving Consumer Goods (FMCG) sector following a cooling off of raw material prices. This has compelled its subsidiary, Hindustan Unilever, to shift its focus towards increasing volumes and implementing price reductions. Graeme Pitkethly, Unilever’s global chief financial officer, discussed the situation at the […]

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