September 13, 2016

u-blox Profits Grow in First Half 2016

Thalwil, Switzerland–based u-blox consolidated revenues for 2016’s first six months rose to CHF179.7 million Swiss francs (US$182 million), an 11 percent increase over the same period last year. The company’s net profit also increased 9.2 percent, from CHF15 million in 2015 to CHF18 million during the first half of this year.

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By Inside GNSS