BlackBerry (BBRY) Manufacturer Will Have 'Profitable' First-Half of 2013 (NOK)
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A boon for BlackBerry (Nasdaq: BBRY)?
According to headlines out Friday, Foxconn International Holdings Ltd., which is a contract manufacturer for Nokia Corp (NYSE: NOK) and BlackBerry (Nasdaq: BBRY), said it would be reporting a profit for the first-half of 2013.
In a Hong Kong Stock Exchange filing Thursday, Foxconn International said results for the first six-months this year will be better than the net loss of $224.1 million in the same period last year. The company also said it was in discussions with a "new category" of dealings with parent Hon Hai Precision, though specifics weren't mentioned.
Good news out of Foxconn International is a plus for the likes of BlackBerry, which was speculated earlier today to be ramping component orders. Sentiment, which was absent with the debut of its Z10 touch-only smartphone, is back again as sales of its QWERTY keyboard-equipped Q10 model are said to be strong, according to the latest analyst reports.
Shares of BlackBerry are down 3.3 percent on Friday's session.
According to headlines out Friday, Foxconn International Holdings Ltd., which is a contract manufacturer for Nokia Corp (NYSE: NOK) and BlackBerry (Nasdaq: BBRY), said it would be reporting a profit for the first-half of 2013.
In a Hong Kong Stock Exchange filing Thursday, Foxconn International said results for the first six-months this year will be better than the net loss of $224.1 million in the same period last year. The company also said it was in discussions with a "new category" of dealings with parent Hon Hai Precision, though specifics weren't mentioned.
Good news out of Foxconn International is a plus for the likes of BlackBerry, which was speculated earlier today to be ramping component orders. Sentiment, which was absent with the debut of its Z10 touch-only smartphone, is back again as sales of its QWERTY keyboard-equipped Q10 model are said to be strong, according to the latest analyst reports.
Shares of BlackBerry are down 3.3 percent on Friday's session.
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