Siemens and Gateway both posted increases in sales and profit during their latest financial quarters.
Siemens: A surge of international orders helped push the German high-tech conglomerate's net profit up 17 per cent to DM2.09 billion ($1.12 billion) on turnover which rose 12 per cent to DM92.2 billion ($49.4 billion) in the nine months to 30 June.
Growth was especially strong in the US, with sales rising 55 per cent to DM19.3 billion ($10.3 billion). Sales in Asia Pacific also showed signs of picking up, with an eight per cent increase to DM9.8 billion ($5.24 billion). Resurgence was especially strong in China, where orders jumped 64 per cent to DM2.9 billion ($1.55 billion).
Virtually all groups within the company contributed to the profit increase.
Gateway: Sales of more than a million PCs helped push Gateway's second quarter profit up 47 per cent to $89 million, on turnover which rose 18 per cent to $1.9 billion in the three months to 30 June.
The direct assembler also succeeded in pushing non-PC revenue up to more than 10 per cent of total sales, largely thanks to Gateway.net, the ISP it launched in 1997.
"We continue to focus like a laser on moving beyond the box, and it paid off with a record quarter in what's typically the industry's slowest period," Gateway chief executive Ted Waitt said.
"Clearly we're well ahead of our plan to generate a richer, more diverse revenue stream, while our core systems business has never been healthier."
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