Siemens China Sales Jump, Outlook Rosy
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German conglomerate Siemens AG said on  Thursday its annual China sales jumped 28 percent on strong  demand for gas turbines, and forecast further growth even as  the government slows down the economy.
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Fujitsu Siemens Computers (Holding) BV, Europe&#39;s largest remaining computer manufacturer, posted a 60 percent leap in profit for the first half of its fiscal year on higher sales of laptops and servers to business customers, the company said Wednesday.
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BERLIN -- SAP AG, the German business management software maker, reported a 15 percent jump in third-quarter net profit Thursday, citing increased sales across the globe.
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Guidant Corp., a maker of cardiac pacemakers and defibrillators, said Thursday that third-quarter earnings, excluding items, rose on slightly higher sales to beat Wall Street expectations.
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German engineering conglomerate Siemens  posted first-quarter profits that beat expectations but failed  to present a solution for its ailing mobile phones business on  Thursday.
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Global sales of semiconductors rose 1 percent in July as consumer uncertainty and swelling inventories restrained the industry&#39;s pace of growth, the US Semiconductor Industry Association reported on Thursday.
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German engineering conglomerate Siemens posted first-quarter profits that beat expectations but failed to present a solution for its ailing mobile phones business on Thursday.
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Intel Corp.  on Tuesday said quarterly profit rose 15 percent, helped by record sales in Asia and stronger demand for notebook and server computer chips, and gave an outlook that reassured jittery investors that it could grow despite tough market conditions.
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China&#39;s car sales rose 13.94 percent in September from August to 194,100 units, the China Daily said on Monday, citing official data which signals further signs of life after months of weak growth caused by credit curbs.
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General Motors Corp. , the  world&#039;s largest auto maker, said on Tuesday its sales in China  rose 47 percent in the first half of 2006, as it benefited from  a stronger-than-expected domestic market.
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SAN JOSE, Calif. - The Semiconductor Industry Association (SIA) said worldwide sales of semiconductors rose to $18.2 billion in August, exceeding expectations of $18 billion (see Tuesday, Sept.
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Boston Scientific Corp. BSX.N on  Tuesday said its quarterly net earnings rose as sales of its  new cardiovascular device bolstered results despite a costly  recall.
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Heavy equipment maker Caterpillar Inc.   posted better-than-expected quarterly earnings on  Friday and raised its outlook for the full year, bolstered by  strong sales to the mining industry.
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Chinese stocks rose modestly Wednesday amid speculation that regulators might take steps to support the market.
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China&#39;s information technology industry is expected to see a sales revenue of $322.3 billion in 2004, up 42.3 per cent year-on-year, becoming the country&#39;s leading driver for economic growth, a report said.
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BERLIN Fujitsu Siemens Computers, the No.3 seller of PCs in Europe, said Wednesday that revenue and profit surged in the six months through September as sales to small businesses increased amid a revival in corporate technology spending.
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A rally in semiconductor-related  stocks, including Advantest Corp., propelled Asian shares  higher on Monday as investors added to a U.S. buying spree and  turned optimistic on earnings prospects.