Hardware Electronic Equipment Instruments and Components

  • *Railways a priority sector for China tech export drive. SHANGHAI, Aug 3- Foreign firms say they are struggling to gain access to China's vast railway market as the country, seeking to transform its domestic industry into an export powerhouse, tightens the bidding criteria on rail tenders. The complaints echo similar concerns raised in other industries...

  • The company forecast revenue of about $1.08 billion, including a change in deferred revenue from online-based games. EA is releasing its latest FIFA game four days before the September-quarter ends, while it stops accounting for revenue from its digital business about five days before the quarter ends, Chief Financial Officer Blake Jorgensen said in an...

  • "Our digital business drove this quarter, particularly outperformance from" FIFA Ultimate Team "on console and" Star Wars: Galaxy of Heroes "on mobile," Chief Financial Officer Blake Jorgensen said in a statement. EA's adjusted revenue fell 1.6 percent to about $682 million in the first quarter ended June 30. EA forecast a loss of 17 cents per share and revenue of...

  • MEXICALI, Mexico, Aug 2- For Allied Tool& Die Company, Donald Trump's threats to tear up trade deals and impose steep tariffs if he becomes the next U.S. president means considering doubling down on Mexico as a base to manufacture for foreign markets. So far, Trump's campaign pledges- such as threatening to roll out punitive tariffs, ditch the 1994 North American Free...

  • Xerox's total costs declined 6 percent to $4.24 billion. This included restructuring and related charges of $71 million, less than the $100 million the company had estimated in April. Xerox said it expected one-time pretax separation costs of $175 million- $200 million, lower than the $200 million- $250 million it had estimated earlier.

  • *Q1 op profit Y56.2 bln vs Y96.9 bln year prior. TOKYO, July 29- Japan's Sony Corp said a strong yen and slower smartphone sales would weigh on its cash-generating image sensor business this year, but the popularity of its PlayStation 4 videogame should help it reach its profit target. For the current year through March 2017, the image sensor business will be a drag,...

  • The company, which is splitting into two to separate its printer and business process outsourcing businesses, took $71 million in restructuring and related charges in the second quarter, less than the $100 million it estimated in April. The company also cut its estimate for one-time pretax separation costs to $175 million- $200 million from $200 million- $250...

  • Microsoft said it would cut about 2,850 more jobs over the next 12 months, for total planned job cuts of 4,700, or about 4 percent of its workforce.

  • The company said in May it would cut 1,850 jobs in its smartphone business, most of them in Finland. Microsoft bought Finland- based handset maker Nokia in 2014 in an ill-fated attempt to take on market leaders Apple Inc and Samsung Electronics Co Ltd.. Chief Executive Satya Nadella, who took the helm just two months before the deal closed, has since focused on...

  • *Q2 profit $7.2 bln, in line with earlier guidance. SEOUL, July 28- South Korean tech giant Samsung Electronics Co Ltd said on Thursday it expects solid earnings to continue in the second half of 2016, with stronger components demand likely offsetting heightened margin pressures for smartphones. Samsung said April-June profit rose 18 percent from a year...

  • *Q2 profit $7.2 bln, in line with earlier guidance. SEOUL, July 28- South Korean tech giant Samsung Electronics Co Ltd said on Thursday it expects solid earnings to continue in the second half of 2016, with stronger components demand likely offsetting heightened margin pressures for smartphones. April-June profit rose 18 percent from a year earlier to 8.1...

  • *LG building a new production line in South Korea. SEOUL, July 27- South Korea's LG Display Co Ltd said on Wednesday it will invest 1.99 trillion won to boost capacity for flexible organic light-emitting diode displays, its latest attempt to meet growing demand from mobile device makers. LG, in a regulatory filing, said it was building a new production line for...

  • July 26- China's Le Holdings Co Ltd, also known as LeEco, said on Tuesday it would buy U.S. consumer electronics company Vizio Inc for $2 billion. Irvine, California- based Vizio makes affordable flat screen televisions, soundbars and LCD monitors. Bank of America Merrill Lynch advised Vizio on the deal, while Latham& Watkins LLP was the legal counsel.

  • July 26- Chinese mobile phone maker Le Holdings Co Ltd, also known as LeEco, said it would buy U.S. consumer electronics company Vizio Inc for $2 billion.

  • TOKYO, July 25- Shares of Nintendo Co tumbled as much as 18 percent early on Monday after the company said smash-hit mobile game Pokemon GO would have only a limited impact on its earnings. Nintendo said its affiliate Pokemon Co receives licensing and fees from the game's developer, Niantic Inc, and that profits at Nintendo from those revenues would be limited.

  • TORONTO, July 22- Canada's main stock index hit its highest close in a year on Friday, notching a fourth straight weekly gain as yield-producing telecom and utility stocks found favor, offsetting a plunge in shares of Valeant Pharmaceuticals International Inc.. Its rivals, which have not yet reported second-quarter numbers, also gained, with Telus Corp adding...

  • LONDON, July 22- European stock markets slipped on Friday, weighed down by falls in mining companies and Swedish construction group Skanska. The STOXX 600 index is up by around 10 percent from a low point reached in June in the immediate aftermath of Britain's shock vote to quit the European Union, but the index remains down by around 7 percent since the start of...

  • SEOUL, July 22- Tech giant Samsung Electronics Co Ltd said on Friday it sued smartphone rival Huawei Technologies Co Ltd for patent infringements through multiple courts in China, escalating a legal conflict between the two companies. The South Korean firm sued Huawei in a Beijing court for allegedly infringing six of its patents, a spokeswoman said.

  • TOKYO, July 22- Nearly four in 10 Japanese manufacturers say they may cut their annual earnings targets in the wake of Britain's decision to leave the European Union, fretting about the impact of a surge in the safe-haven yen, a Reuters poll showed. Almost all firms flagging possible downward revisions said they expected any cuts to be small rather than large,...

  • BEIJING, July 21- Samsung Electronics is to pay 3 billion yuan for a stake in Chinese automaker and rechargeable batteries firm BYD Co Ltd, the Chinese company said in a stock exchange filing on Thursday. Samsung Electronics said last week it was in talks to acquire a stake in BYD to boost its automotive chip business, after the Korea Economic Daily first reported...