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Hardware Computers and Peripherals

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  • Galaxy S6 fails to reverse profit decline at Samsung Wednesday, 29 Jul 2015 | 8:12 PM ET

    SEOUL, South Korea— Samsung Electronics suffered a fifth straight drop in quarterly earnings as the Galaxy S6 failed to reverse its declining fortunes in global smartphone sales. Samsung's April-June net income was 5.8 trillion won, down 8 percent from 6.3 trillion won a year earlier. Sales fell 7 percent over a year earlier to 48.5 trillion won while operating...

  • SEOUL, July 30- Samsung Electronics Co Ltd said on Thursday its April-June operating profit fell 4 percent from a year earlier, in line with its earnings guidance, hurt by a supply shortage for one of its main smartphone models. Samsung, the world's top smartphone maker, reported a 6.9 trillion won profit for the second quarter, matching a preliminary estimate...

  • VATICAN CITY— Pope Francis opened the registration period for next year's World Youth Day in Poland, using a tablet computer to sign himself up from a window overlooking St. Stanislaw Dziwisz, celebrated a Mass to draw attention to the youth festival, while Krakow residents danced a traditional Polonaise dance in the vast Market Square in a gesture of...

  • MUMBAI, July 23- With only a tiny share of the world's fastest-growing major smartphone market, Apple Inc is stepping up its push into India, with a first targeted TV advertising campaign, expanded retail network and promotional financing schemes. For years, India has been a low priority for Apple as spending power is weaker than in China, where the company's...

  • *H1 handset revenue up 69 pct globally, 124 pct in China. HONG KONG/ BEIJING, July 22- Huawei Technologies Co Ltd more than doubled its China smartphone revenue in the first half of 2015, defying a slowdown in the world's biggest handset market that is enveloping rivals Xiaomi Inc and Samsung Electronics Co Ltd.. "There's that buzz going around Huawei in China right...

  • Shenzhen- based Huawei, which competes with Chinese smartphone makers Lenovo Group Ltd and ZTE Corp, recorded a 69 percent increase in its consumer business group revenue to $9.09 billion thanks to strong sales from high-end smartphone models, the company said in a statement.

  • July 21- Printer maker Lexmark International Inc said it would cut jobs to offset costs resulting from recent acquisitions as part of efforts to focus on software and services. Lexmark and larger rivals such as Hewlett-Packard Co and Xerox Corp are pushing into high-value software and services business as companies reduce printing to cut costs and...

  • BlackBerry cuts jobs as part of turnaround plan Tuesday, 21 Jul 2015 | 12:34 PM ET

    TORONTO— BlackBerry Ltd. announced another round of job cuts Tuesday as it deals with weak smartphone sales and pushes ahead with a restructuring plan. The Waterloo, Ontario- based company declined to disclose how many employees were affected in the latest changes, but said that some workers were shifted to different roles while others were laid off.

  • July 21- Printer maker Lexmark International Inc forecast third-quarter profit well below Wall Street's estimates and said it would cut about 500 jobs as it absorbs recently acquired businesses. Lexmark said the restructuring is expected to generate $2 million savings in 2015 and annualized savings of $65 million beginning in 2017..

  • HONG KONG/ BEIJING, July 22- Huawei Technologies Co Ltd doubled its China smartphone revenue in the first half of this year, defying a slowdown in the world's biggest handset market that is enveloping rivals Xiaomi Inc and Samsung Electronics Co Ltd.. In contrast to Huawei, overall smartphone shipments in China shrank for the first time in six years in the first...

  • UPDATE 1-Printer maker Lexmark to cut 500 jobs Tuesday, 21 Jul 2015 | 7:29 AM ET

    July 21- Printer maker Lexmark International Inc said it would cut 500 jobs, or about 4 percent of its global workforce, as the company integrates its recently acquired businesses and tries to soften the impact of a strong dollar. Lexmark swung to a quarterly loss in the second quarter ended June 30, hurt by an 11 percent decline in revenue in its imaging solutions...

  • SAN FRANCISCO— Smartphone sales may be slowing for some tech companies, but not for Apple. Analysts expect another powerhouse performance from the California tech giant when it reports quarterly financial results Tuesday. Wall Street analysts estimate Apple will report a hefty $10.3 billion in profit after selling $49 billion worth of iPhones, iPads, Mac...

  • BEIJING, July 17- Fast-growing Chinese smartphone maker Xiaomi Inc is strengthening its patents in preparation for its entry into the U.S. market, head of international operations Hugo Barra told Bloomberg Television on Thursday, without offering a time table. Former Google Inc executive Barra told Bloomberg TV in San Francisco that Xiaomi phones would not...

  • HONG KONG/ BEIJING, July 14- The call of the world's biggest smartphone market is proving irresistible for entrepreneurs in China, where even purveyors of concrete mixers, refrigerators and rock music are mimicking local trailblazer Xiaomi Inc with their own handsets. China had 155 smartphone brands selling over 1,000 handsets a month as at end-March, from 110...

  • Who owns a stock? Complex answer saves Dell millions Monday, 13 Jul 2015 | 2:17 PM ET

    July 13- The computer maker Dell Inc won a legal fight that may have saved its owners tens of millions of dollars with a complex answer to a seemingly simple question of who is the record holder of a stock. A ruling on Monday by a Delaware Court of Chancery judge removes several large investors from a consolidated lawsuit stemming from the $24.9 billion buyout of...

  • TORONTO, July 13- BlackBerry Ltd named Carl Wiese as head of global sales on Monday, an appointment that comes at a critical juncture for the smartphone industry pioneer, which needs to spur top-line growth in order for its turnaround efforts to succeed. Wiese has spent the past 12 years at Cisco Systems, first heading advanced technology sales and later its...

  • Taiwan courts tech start-ups to drive economic growth Saturday, 11 Jul 2015 | 9:59 PM ET

    TAIPEI, July 12- Companies such as electric motor scooter firm Gogoro could hold the key to Taiwan's economic growth. In just three years, the start-up, which counts Japan's Panasonic Corp as a strategic partner and Cher Wang, the founder of local smartphone maker HTC Corp as a key investor, raised $150 million to develop the smartphone-synched bike, and a charging...

  • TORONTO, July 10- BlackBerry Ltd, which has been coy about its ambitions to make a mainstream Android smartphone, fueled more speculation about its plans this week when it scooped up two Android-related domain names. That spurred more chatter that it intends to build a device powered by Google Inc's Android platform, which powers the vast majority of...

  • IBM big on bite size chips Thursday, 9 Jul 2015 | 8:00 AM ET
    IBM big on bite size chips

    IBM expected to announce new breakthrough technology for making computer chips smaller and faster.

  • *CEO lauds 33 pct on-year growth in slowing China market. BEIJING, July 2- China's top smartphone maker Xiaomi Inc on Thursday reported semi-annual sales that for the first time were lower than the previous six months, jeopardising its full-year target and hinting at a slowdown in its mainstay domestic market. "Around 90 percent of Xiaomi's shipments are in China,...