Hardware Computers and Peripherals

  • Rival printer maker Lexmark International Inc said last week it agreed to be taken private by a group of investors led by China- based Apex Technology Co Ltd and PAG Asia Capital in a deal valued at $3.6 billion net of cash. Net income attributable to the company fell to $34 million, or 3 cents per share, in the first quarter ended March 31, from $225 million, or 19 cents...

  • Net income attributable to the company fell to $34 million, or 3 cents per share, in the first quarter ended March 31, from $225 million, or 19 cents per share, a year earlier. On an adjusted basis, the company earned 22 cents per share. Revenue fell to $4.28 billion from $4.47 billion.

  • *Books 59.6 bln yen impairment loss on camera module business. TOKYO, April 21- Japanese electronics firm Sony Corp cut its profit estimate by 9.4 percent for the financial year that ended in March, as slowing global smartphone sales dented demand for its camera modules. Sony said on Thursday it is estimating an operating profit of 290 billion yen for the year, down...

  • The company said it expects third quarter profit of between $0.90- $1.0 per share. The San Diego- based company has faced a host of problems last year including a slowdown in smartphone sales, delays in closing new licensing agreements in China, its biggest market, and fighting an ultimately successful battle to thwart an activist investor's plan to break up the...

  • April 19- Intel Corp said on Tuesday it would cut 12,000 jobs globally, or 11 percent of its workforce, as it refocuses its business towards making microchips that power data centers and Internet connected devices and away from the declining personal computer industry it helped found. Intel's shares were down 2.6 percent at $30.78 in extended trading.

  • BRUSSELS, April 19- Europe's antitrust chief is expected to hit Google on Wednesday with anti-competitive charges concerning its Android mobile phone operating system, two people familiar with the matter said. EU charges would open up a second front in the regulatory battle between the European Commission and Google, exposing the world's most popular...

  • *Google 2015 revenues from ads on Android phones $11 bln- analyst. AMSTERDAM/ FRANKFURT, April 18- The European competition commission is gearing up to charge Google with giving unfair prominence to its own apps like search and maps in supplementary software licensing deals it strikes with mobile phone makers running its Android operating system, four sources...

  • Apple predicts how long you'll use an iPhone

    The company says the average customer will carry an iPhone for three years before updating to a new model.

  • TAIPEI, April 14- Taiwan Semiconductor Manufacturing Co, the world's largest contract chipmaker, trimmed its outlook for the global smartphone market as consumers increasingly demand lower-priced handsets that still boast advanced technology. Taipei- based TSMC, which gets more than 60 percent of its revenue from selling chips used in communication...

  • *Q1 operating profit likely $5.7 bln, well above expectations. SEOUL, April 7- Tech giant Samsung Electronics Co Ltd said on Thursday its first-quarter operating profit likely rose 10.4 percent from a year earlier, beating expectations and pointing to strong sales of its new Galaxy S7 smartphones. The world's top smartphone maker said in a regulatory filing its...

  • LONDON, April 6- China's Huawei Technologies presented its latest flagship smartphone on Wednesday, featuring a dual-lens camera co-engineered with Germany's Leica that it hopes will set it apart from all the other Android devices on the market. "Leica is the leading, premium iconic brand in cameras," Richard Yu, chief executive of Huawei Consumer Business...

  • Now, with smartphone sales booming and India preparing for nationwide 4 G Internet access, India's film and TV industry hopes the ease of tapping your phone for the latest release will generate profits at last, overcoming the problems of woefully few cinemas and rampant piracy. India has about 10,000 cinema screens across a country of 1.3 billion- 8 for every...

  • WATERLOO, Ontario/ TORONTO, April 1- BlackBerry Ltd plans to make a decision by September on the future of its beleaguered smartphone business, but its Chief Executive John Chen stressed on Friday he remains confident the company will have a profitable hardware segment by then. The Canadian company's shares closed down about 7.5 percent in New York and Toronto...

  • TORONTO, April 1- BlackBerry Ltd shares sank on Friday after it reported a larger-than-expected slide in fourth-quarter revenue which it blamed partly on disappointing sales of its new Android-based Priv smartphone. The Canadian company's shares fell more than 6 percent in New York and Toronto as the weak results raised fresh questions about the viability...

  • TORONTO, April 1- BlackBerry Ltd reported a larger-than-expected slide in fourth-quarter revenue on Friday, hurt by soft sales of its new Priv smartphone and other devices, sending its shares more than 8 percent in early trading. The smartphone industry pioneer, which lost its early lead in the market to bigger rivals like Apple Inc, said revenue fell to $464...

  • TORONTO, April 1- BlackBerry Ltd reported a larger-than-expected slide in fourth-quarter revenue on Friday amid weakness in hardware sales, sending its shares down 7 percent in early trading. The smartphone industry pioneer reported revenue of $464 million in the quarter, down from $660 million a year earlier. The Canadian company reported a net loss of $238...

  • The Pentagon building in Washington, DC.

    The U.S. Department of Defense has put together a prize fund of $150,000 for any hacker who can find vulnerabilities in its security.

  • TORONTO, April 1- BlackBerry Ltd posted a quarterly net loss on Friday, mainly from restructuring and acquisition-related costs. The smartphone industry pioneer reported a net loss of $238 million, or 45 cents a share, for the fourth quarter ended on Feb. 29, compared with year-earlier profit of $28 million, or 5 cents a share. Software and licensing revenue for the...

  • Gartner said on Thursday it expected smartphone sales to grow only 7 percent to 1.5 billion units in 2016 from 2015, stunted by flat sales in the crucial China and North America markets. "The double-digit growth era for the global smartphone market has come to an end," Ranjit Atwal, research director, was quoted as saying in Gartner's latest Devices Forecast...

  • TAIPEI, March 30- Taiwan's Foxconn posted its first fall in quarterly net profit in more than two years on Wednesday as the main assembler of Apple Inc's iPhones felt the effects of a maturing smartphone market and slower global tech demand. Foxconn's 6.7 percent fall in fourth-quarter net profit came as it announced a takeover of ailing Japanese electronics...