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Hardware Electronic Equipment Instruments and Components

  • TOKYO— Western Digital is seeking arbitration in a dispute with its joint venture partner Toshiba Corp. over the sale of the Japanese electronics giant's computer-chip business. Toshiba wants to sell the lucrative chips unit to shore up its finances, but Western Digital is demanding Toshiba first obtain its consent. Western Digital said in a statement that...

  • Tokyo- based Toshiba Corp. called the results released Monday as projections, rather than results, since they lack the company's auditors' approval, but it was in line with what it had said recently. Toshiba has been trying to sell its computer-chip business to shore up its finances, but has become embroiled in a dispute with U.S. joint venture partner Western...

  • TOKYO, May 15- Desperate to overcome Japan's growing shortage of labor, mid-sized companies are planning to buy robots and other equipment to automate a wide range of tasks, including manufacturing, earthmoving and hotel room service. "The share of capital expenditure devoted to becoming more efficient is increasing because of the shortage of workers," said...

  • WILMINGTON, Del/ NEW YORK, May 14- The owners of the unfinished Vogtle power plant in Georgia led by Southern Co agreed to cap Toshiba Corp's responsibility for its guarantees on the much-delayed nuclear project, helping ease the Japanese electronics maker's financial stress, people familiar with the matter said on Sunday. The deal is also contingent on the...

  • SEOUL, May 12- Tech giant Samsung Electronics Co Ltd said on Friday it has formed a new division within its semiconductor business for contract chip manufacturing as the firm seeks to attract more customers. It will continue to be overseen by Kim Ki- nam, Samsung's president overseeing all chip businesses. Research firm IHS estimates Samsung's foundry revenue...

  • SEOUL, May 12- Tech giant Samsung Electronics Co Ltd said on Friday it has formed a new division within its semiconductor business for contract chip manufacturing in a move to strengthen its competitiveness.

  • FRANKFURT/ PARIS, May 11- STMicroelectronics expects 2017 revenue to grow by between 12.5 and 15.5 percent from last year to around $8 billion, Chief Financial Officer Carlo Ferro said on Thursday. Europe's second-biggest chipmaker has been benefiting from growing demand for sensors for smartphones, cars, and the devices related to the burgeoning so-called "...

  • *Samsung also names new head of China business. SEOUL, May 11- Tech giant Samsung Electronics Co Ltd on Thursday named a new head of mobile marketing and a new China chief as part of an executive reshuffle designed to prevent a "decline" in momentum following the arrest of its vice chairman. Kwon Kye- hyun was named head of the China business, where Samsung's smartphone...

  • *Samsung also names new head of China business. SEOUL, May 11- Tech giant Samsung Electronics Co Ltd on Thursday named a new head of mobile marketing as well as a China chief as part of a long-delayed executive reshuffle following the arrest of its vice chairman for alleged bribery. The South Korean firm also named Kwon Kye- hyun as head of the China business, where...

  • SUNNYVALE, Calif. _ QuickLogic Corp. on Wednesday reported a loss of $3.6 million in its first quarter. On a per-share basis, the Sunnyvale, California- based company said it had a loss of 5 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • *CME, Thomson Reuters stepping down from fix. James Proudlock, managing director and head of market development for the exchange and its clearing business, said the exchange would take part in the process after a request for proposals was recently issued to find a replacement for CME Group and Thomson Reuters. The 140- year-old exchange took part in the bidding...

  • TAIPEI, May 10- China is the best place for expanding manufacturing and investment, the country's premier told the world's largest contract electronics maker Foxconn less than two weeks after its chief executive Terry Gou went to the White House to discuss increasing investment in the United States. China has a huge market and lots of talent, it is the best...

  • SCHAUMBURG, Ill. _ Sparton Corp. on Tuesday reported fiscal third-quarter earnings of $429,000. For the current quarter ending in June, Sparton said it expects revenue in the range of $97 million to $101 million. Sparton shares have fallen 15 percent since the beginning of the year.

  • Sales from EA's digital business surged 30.6 percent to $934 million in the fourth quarter ended March 31, as players increasingly buy games online rather than physical copies at retail stores. However, EA's profit fell to $566 million, or $1.81 per share, in the quarter, from $899 million, or $2.79 per share, a year earlier. Excluding items, EA reported a profit of 85...

  • May 9- Video-game publisher Electronic Arts Inc forecast current-quarter revenue below analysts' estimates on Tuesday, and announced a new $1.2 billion buyback program. The company forecast first quarter adjusted revenue of $750 million, slightly below analysts' average estimate of $758.7 million, according to Thomson Reuters I/B/E/S.

  • May 9- Video-game publisher Electronic Arts Inc forecast current-quarter revenue below analysts' estimates on Tuesday, and announced a new $1.2 billion buyback program. The company forecast first quarter adjusted revenue of $750 million, slightly below analysts' average estimate of $758.7 million, according to Thomson Reuters I/B/E/S.

  • TOKYO— Japanese electronics maker Toshiba is facing resistance from its U.S. joint venture partner Western Digital over Toshiba's plans to sell its computer-chip business to anyone else, and Toshiba is fighting back. Toshiba warned Western Digital to stop interfering, according to letters obtained Tuesday by The Associated Press. The letters from the...

  • TOKYO, May 9- Japanese equities dipped on Tuesday as the market ran out of puff after rallying to a 17- month high the previous day, though it was supported well by a confluence of factors like the significantly weaker yen. The index remained in reach of 19,929.48, its highest level since December 2015 reached on Monday when Emmanuel Macron was elected president of...

  • TAIPEI, May 4- Taiwan stocks traded flat on Thursday, pausing after an eight-session winning streak as overseas markets slipped tracking a subdued Wall Street. As of 0452 GMT, the main TAIEX index was unchanged. The Taiwan dollar softened T $0.027 to T $30.099 per.

  • TAIPEI, May 4- Taiwan stocks traded flat on Thursday, pausing after an eight-session winning streak as overseas markets slipped tracking a subdued Wall Street. As of 0452 GMT, the main TAIEX index was unchanged. The Taiwan dollar softened T $0.027 to T $30.099 per.