D-Link witnesses 95% YoY Growth in Q3

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

D-Link witnesses 95% YoY Growth in Q3

D-Link has announced the unaudited financial results for third quarter ending 31st December, 2011 at its Board meeting held on 2nd February, 2012.

Tushar Sighat, CEO, D-Link (India) Limited, said, "For the last two quarters, we have witnessed steady growth and our current go-to-market strategy has yielded positive outcome. We have successfully been able to realize our true market potential and deliver substantial sales with 95% growth in this quarter vis-a-vis the same period during last year. The increase in broadband penetration and surge in demand for mobility devices has resulted in good growth from the consumer segment. Further, we witnessed substantial investments being made by government and corporates in building a safe, secure and reliable networking infrastructure, which brought about positive demand for our product line. We also managed to bag some large projects that contributed to the overall revenue. D-Link structured cabling business has also shown positive signs, thereby further adding to the company growth."

Tushar Sighat further said, "Moving ahead, the company will work towards strengthening its position in cabling segment and focus on new technology innovations that will be based on cloud platform, as this trend is inevitable. Hence, going forward, D-Link's product line will be powered by modern technologies and will be more application driven. We are also enhancing our focus on IP Surveillance and lifestyle networking, since it is going to be the next growth wave."


For More Details See

www.varindia.com

Comments

Post a Comment

Popular posts from this blog

N Chandrasekaran appointed chairman of Tata Sons

Image
The board of directors of Tata Sons, at its meeting has unanimously appointed N Chandrasekaran as executive chairman, Tata Sons. N Chandrasekaran shall take charge from February 21, 2017. The board of Tata Sons said, “Chandrasekaran has demonstrated exemplary leadership as the chief executive officer and managing director, Tata Consultancy Services. We believe he will now inspire the entire Tata group to realise its potential acting as leaders in their respective businesses, always in keeping with our value system and ethics and adhering with the practices of the Tata group which have stood it in good stead.” Chandrasekaran was the chief executive officer and managing director of Tata Consultancy Services since 2009. A Tata lifer, he had joined the company in 1987 and was appointed as a director on the board of Tata Sons on October 25, 2016.
Read more

Visa buys NFT based CryptoPunk and paid $150,000 in Etherium

Image
Visa buys NFT based CryptoPunk and paid $150,000 in Etherium:  Leader in the digital payments   Visa   has purchased a digital CryptoPunk for $150,000, marking the company's first ever   NFT   purchase. The deal is clearly shows that, Visa is stepping into the world of NFTs with its purchase of   CryptoPunk 7610 .   Going forward, NFTs and Visa to align and integrate them in new brand strategy to gain a sizable market share. However, NFTs have often been compared to physical collectible items like rare trading cards and works of art.   The CryptoPunk 7610, which feBlatures a female punk with a mohawk and large green eyes. "We envision there could be a future where your crypto address becomes as important as your mailing address," Visa's Head of Crypto said.   An NFT - which stands for non-fungible token - is a unique digital asset designed to represent ownership of a virtual item. Unlike bitcoin and other cryptocurrencies, NFTs can’...
Read more

Prizm Payment Services changes its name to Hitachi Payment Services

Image
Hitachi Payment Services Pvt. Ltd has changed its corporate name from Prizm Payment Services Pvt. Ltd (“Prizm Payment Services”) to Hitachi Payment Services Pvt. Ltd (“Hitachi Payment Services”). “The new name reflects Hitachi’s commitment to business expansion in India, and to build a strong global financial payments offering leveraging the expertise of the Prizm Payment Services acquisition. Hitachi sees immediate potential to grow in the Asian subcontinent markets with the epicentre of growth being India, and migrate into other markets. Also, the name change will have no change on Prizm Payment Services’ operations,” said Loney Antony, Managing Director, Hitachi Payment Services. “Hitachi had acquired Prizm Payment Services with the aim of accelerating global development of IT services businesses targeting financial institutions, particularly in the fast-growing Asian region, and the company has been the gateway of entering into the services business in India for Hitachi. We ...
Read more