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Samsung quarterly profits hit record

25-Jan-13 14:27.
South Korea's Samsung Electronics Co. has today posted a record quarterly profit in its history.
In the fourth quarter of 2012, net income of the company amounted to 7.04 trillion won ($6.6 billion).In October-December of last year, company’s operating income also reached a record 8.84 trillion won, which is 89.7 percent more than similar period of 2011. Revenue was 31.32 trillion won.

IFC interested in cooperation with Azerbaijan in ICT field

24-Jan-13 15:19.
On January 23, President of Azerbaijan Ilham Aliyev met with CEO of the International Finance Corporation (IFC) Jin-Yong Cai in Davos.
During the meeting, they praised cooperation between Azerbaijan and the International Finance Corporation. They hailed participation of the International Finance Corporation in implementing projects in Azerbaijan as an investor.
They also spoke of the work being done for diversifying Azerbaijan`s economy.

IBM expects profit growth in year’s first quarter

23-Jan-13 14:09.
In the first quarter of 2013,  IBM  corporation expects  to achieve profits that will be  higher than the market forecast. According to IBM, it will be possible due to a more widespread use of analytic  tools and cloud computing. In 2013, IBM expects a total revenue of $ 16.70 per share, compared with $16.74 forecast. In the fourth  reporting period,  earnings excluding amortization and pension payments was  $6.1 billion, or $5.39 per share. We would remind you that earlier  IBM said it will gradually move to a more profitable business, moving away from low-income "raw" areas.

Azerbaijani President pays working visit to Switzerland

22-Jan-13 14:30.
On January 22, President of Azerbaijan Ilham Aliyev left for Switzerland to participate in the annual meeting of World Economic Forum in Davos.

At  Heydar Aliyev International Airport, the Head of State was seen off by Prime Minister Arthur Rasizadeh, head of the Presidential Administration Ramiz Mehdiyev and Baku Mayor Hajibala Abutalibov, AzerTac reported.

MCIT announces acceptance of proposals concerning the "Year of ICT"

21-Jan-13 16:08.
With the view of including  in the  Action Plan, prepared in connection with the execution of the presidential order dated 16 January 2013, declaring 2013 the "Year of  information and communications technologies  in Azerbaijan" Ministry of Communications and Information Technologies (MCIT)  is accepting  proposals on possible necessary  measures  to be  implemented in this field  within the year.

Azerbaijani President signs decree declaring 2013 as the “Year of ICT”

17-Jan-13 14:21.
President of Azerbaijan Ilham Aliyev signed a decree to declare the year 2013 as the “Year of ICT” in Azerbaijan.
Taking into account the UN General Assembly resolutions on the "Millennium Declaration" and the "Use of information and communication technologies for development", and to ensure the application of the advanced technologies in various areas of everyday life of the citizens, the year of  2013 has been declared  the "Year of  Information-communication technologies" in Azerbaijan Republic.

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