Reuters: Technology News: Gemalto posts higher quarterly revenue

Reuters: Technology News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Gemalto posts higher quarterly revenue Apr 25th 2013, 00:07 Wed Apr 24, 2013 8:07pm EDT (Reuters) - French smart card maker Gemalto (GTO.PA) reported higher first-quarter sales and said it was on track to reach its goal of double-digit growth over the year. The maker of smart chips for mobile phones and bank payment cards said on Thursday sales rose 9 percent on constant exchange rates to 518 million euros in the first three months of the year. Sales at its mobile unit, which is its most profitable business and accounts for close to half its sales, grew 4 percent thanks to strong demand for its more sophisticated chip cards from telecom operators moving to 4G mobile broadband networks. (Reporting by Alice Cannet in Paris and Neha Alawadhi in Bangalore; Editing by Phil Berlowitz)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions