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Hardware Electronic Equipment Instruments and Components

  • CENTENNIAL, Colo. _ Arrow Electronics Inc. on Tuesday reported fourth-quarter earnings of $164.5 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.01 per share. Arrow Electronics expects full-year earnings in the range of $1.37 to $1.49 per share, with revenue in the range of $5.38 billion to $5.78...

  • LISLE, Ill. _ CTS Corp. on Tuesday reported fourth-quarter net income of $8.3 million, after reporting a loss in the same period a year earlier. The Lisle, Illinois- based company said it had net income of 25 cents per share. CTS expects full-year earnings in the range of $1.12 to $1.22 per share, with revenue in the range of $405 million to $420 million.

  • SEOUL/ TOKYO, Feb 7- Toshiba Corp favors private equity bidders in the sale of a stake in its chip business, as suitors including rivals SK Hynix Inc and Micron Technology Inc vie with financial investors like Bain Capital, sources said on Tuesday. South Korea's Hynix, the world's No. 2 chipmaker, on Tuesday said it had submitted a non-binding bid although it gave no...

  • TOKYO, Feb 7- Toshiba Corp wants investment funds including Bain Capital to buy a stake in its flash memory business rather than industry peers such as Micron Technology Inc because doing so will speed up the planned sale, a source said. Toshiba needs to raise funds by the end of March to offset an imminent multi-billion dollar writedown on its U.S. nuclear power...

  • TAIPEI, Feb 7- Taiwan stocks fell on Tuesday tracking regional bourses as investors locked in profits from recent gains, with smartphone manufacturer HTC Corp trading lower on weak January sales data. As of 0147 GMT, the main TAIEX index was down 0.1 percent at 9,531.01. The Taiwan dollar softened T $0.057 to T $31.000 per U.S. dollar.

  • *SK Hynix seeks to boost NAND competitiveness- source. SEOUL, Feb 7- South Korea's SK Hynix Inc has entered the running for a stake in Toshiba Corp's memory chip business, seeing an opportunity to gain on rivals in the booming NAND market, a person familiar with the matter said on Tuesday. Interest in the stake is heating up with sources telling Reuters that private...

  • LONDON, Feb 6- BT has become the first major telecoms company to back Google in a battle with EU regulators, defending the "stability and compatibility" of the Android operating system, which is in the sights of anti-trust regulators. The EU says Google stifles competition by forcing smartphone makers to pre-install its search function and browser to access its...

  • Apple AI

    The U.S no longer has a strategic monopoly on A.I. technology, widely seen as the next generation of warfare, The NYT reports.

  • SINGAPORE, Feb 3- Manufacturers in Asia's export-oriented economies are rushing to announce investment plans in the United States, as U.S. Following is a list of Asian companies that have announced plans to help the United States create jobs and boost manufacturing. Samsung officially declined comment but said it has made significant investments in the...

  • Feb 3- Samsung Electronics Co Ltd is discussing a supply deal with Japan's Murata Manufacturing for batteries for its Galaxy S8 smartphones, the Nikkei business daily reported. Wrapping up its months-long probe, the smartphone maker said last month that faulty batteries from two suppliers- affiliate Samsung SDI Co Ltd and China's Amperex Technology Ltd- were...

  • *LG Elec considering Tennessee for possible U.S. plant- source. SEOUL, Feb 2- Samsung Electronics Co Ltd may build a U.S. plant for its home appliances business, a person familiar with the matter said, the latest global firm to consider a response to criticism about imports from new U.S. The new U.S. administration has threatened an import tax while Trump has attacked...

  • *Panasonic Avionics probed by DOJ, SEC under FCPA, securities law. In a stock exchange filing, the Japanese electronics maker said Panasonic Avionics Corp, a major supplier of in-flight entertainment systems, is being probed by the Department of Justice and the Securities and Exchange Commission. The Wall Street Journal reported in March 2013 that U.S....

  • *FY operating outlook cut to Y240 bln from Y270 bln. TOKYO, Feb 2- Sony Corp on Thursday said it does not plan to sell its pictures business after suffering a $1 billion writedown, and instead aims to turn it around by adding sales channels and making more use of movie characters. Sony's semiconductor division, which makes the sensors, is now likely to lose only 19...

  • FRANKFURT, Feb 2- Demand for chips for cars, especially in China, will lift Infineon's profit in 2017, the German chipmaker said, sticking to its forecast for revenue growth and profit margin. Chips made by Infineon are used by carmakers including Tesla and Hyundai as well as auto parts suppliers Continental and Bosch to activate airbags, enable cruise control,...

  • *Panasonic Avionics probed by DOJ, SEC under FCPA, securities law. In a stock exchange filing, the Japanese electronics maker said Panasonic Avionics Corp, a major supplier of inflight entertainment systems, is being probed by the Department of Justice and the Securities and Exchange Commission. Panasonic Avionics is headquartered in California with over...

  • TOKYO, Feb 2- Panasonic Corp said on Thursday its avionics business is being investigated by the U.S. Department of Justice and Securities and Exchange Commission under the Foreign Corrupt Practices Act and U.S. securities-related regulations. In a stock exchange filing, the Japanese electronics maker said its U.S.-based Panasonic Avionics Corp unit is...

  • FRANKFURT, Feb 2- Demand for chips for cars lifted Infineon's profit in the first quarter, with the German chipmaker sticking to its full year forecast for revenue growth and profit margin. Chips made by Infineon are used by carmakers including Tesla and Hyundai as well as auto suppliers Continental and Bosch to activate airbags, enable cruise control, manage...

  • *FY operating outlook cut to Y240 bln from Y270 bln. TOKYO, Feb 2- Sony Corp on Thursday cut its full-year outlook for operating profit on Thursday after the Japanese TV-to-gaming group took a $1 billion writedown on its struggling movie business. Sony forecast group operating profit of 240 billion yen for the year ending in March, down from a previous estimate of...

  • SEOUL, Feb 2- Tech giant Samsung Electronics Co Ltd said on Thursday it will launch a mobile web payments service for all smartphones powered by Google Inc's Android mobile operating system in South Korea in the first quarter. The service, called Samsung Pay Mini, will allow Android smartphones to make online transactions in Samsung's home country after...

  • The company suffered a slight setback just before the market close when a jury in Texas ordered Facebook, its virtual reality unit Oculus, and other defendants to pay a combined $500 million to ZeniMax Media Inc, a video game publisher that says Oculus stole its technology. Mobile ad revenue accounted for 84 percent of the company's total advertising revenue of...