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  • BEIJING, May 3- An automaker launched last year by firms including tech giant Tencent Holdings Ltd has poached autonomous driving personnel from Google and Daimler AG, marking China's latest high-profile hires in the race to make self-driving cars. "If you're measuring these firms as automotive companies, the risks are very high and it's a very long shot for any...

  • *Central beats rival TCC to win Vietnam business. *Vietnam deal takes Casino asset sales to 4.2 bln euros. Casino, facing weak markets in Brazil and fierce competition in France, has said it aimed to raise around 4 billion euros this year by selling off businesses in Thailand and Vietnam plus the sale of real estate assets in Latin America.

  • *Central beats rival TCC to win Vietnam business. *Thai tycoons jostle for deals in Vietnam. SINGAPORE/ BANGKOK, April 29- France's Casino Group agreed to sell its Vietnam unit to Thai conglomerate Central Group for 1 billion euros including debt, giving the retailer respite from a debt pile that pushed its credit rating to junk.

  • *Says integration of Freescale going well. The company, which completed its nearly $12 billion acquisition of Freescale last year, told investors it expects to outperform its peers until 2019 by growing at a compound annual rate of between 5 and 7 percent. The world's top maker of automotive electronics had earlier said it expected Freescale to be accretive to...

  • April 28- Chipmaker Cypress Semiconductor Corp said it agreed to buy Broadcom Ltd's Internet of Things business and related assets for $550 million in cash. The deal is expected to close in the third calendar quarter and will help Cypress gain share in consumer IoT market, which includes wearable electronics and home automation. Separately, Cypress said Chief...

  • TOKYO, April 28- Japan's Sony Corp on Thursday reported an annual loss in its image sensors business, raising fears the firm's revival of recent years may be losing momentum, even as cost cuts helped it book its biggest annual operating profit in eight years. But the electronics maker said its devices business, including image sensors which have been central to...

  • TOKYO, April 28- Japanese electronics maker Sony Corp on Thursday reported its biggest annual operating profit since fiscal 2007 due to cost cuts in its struggling smartphone business and brisk demand for PlayStation 4 videogames. But between the lines, Sony's growth prospects may be called into question as its devices business, including image sensors...

  • TAIPEI, April 28- Taiwan stocks fell on Thursday as Apple Inc's suppliers mostly fell for the second day after the iPhone maker's first-ever fall in smartphone sales wiped off about $36 billion in market value, evoking talk of "peak iPhone." As of 0423 GMT, the main TAIEX index fell 1.1 percent, to 8,473.49, after closing at 8,563.05 in the previous session.

  • *Q1 operating profit $5.8 bln, slightly above earlier guidance. SEOUL, April 28- Tech giant Samsung Electronics Co Ltd on Thursday tipped a pickup in second-quarter profits after reporting a 12 percent earnings gain in January-March on the back of "robust" sales of its Galaxy S7 smartphones. Samsung's January-March operating profit was 6.7 trillion won,...

  • *Q1 operating profit $5.8 bln, slightly above earlier guidance. SEOUL, April 28- Tech giant Samsung Electronics Co Ltd said on Thursday that its first-quarter operating profit rose 12 percent from a year earlier, propelled by strong initial sales for its flagship Galaxy S7 smartphones. Samsung, in a regulatory filing, said January-March operating profit was 6.7...

  • SEOUL, April 28- Tech giant Samsung Electronics Co Ltd said on Thursday its first-quarter operating profit rose 12 percent from a year earlier, buoyed by strong initial sales for its flagship Galaxy S7 smartphones. Samsung, in a regulatory filing, said January-March operating profit was 6.7 trillion won, compared with its earlier estimate of 6.6 trillion won.

  • Apple's shares were down 7.7 percent at $96.30 in early trading and were set for their biggest one-day fall in more than two years, a day after the company reported its first-ever fall in smartphone sales, arousing talk of "peak iPhone". "And unfortunately, nothing that we've seen about iPhone 7 thus far strikes us as particularly innovative," said Schachter, who cut...

  • Apple's shares were down 8 percent at $95.80 in premarket trading on Wednesday after the company reported its first-ever fall in smartphone sales, arousing talk of "peak iPhone". "And unfortunately, nothing that we've seen about iPhone 7 thus far strikes us as particularly innovative," said Schachter, who cut his price target to $112 from $117 while maintaining...

  • *Chip profits to fall, but firm better off than rivals- analysts. SEOUL, April 27- Gloom may be settling over much of the world's semiconductor industry but Samsung Electronics Co Ltd is expected to cope better than most due to its strong technological edge, enabling it to boost market share for some key products and possibly even lift revenue.

  • *Fashion labels from S. Korea, China, Japan popular. SEOUL, April 26- Fashion brands from South Korea, China and Japan are becoming serious rivals of their Western peers as Asian consumers become increasingly confident in their own style and take pride in buying home-grown labels. Chinese fashion brands, such as Ms Min and Comme moi, are the fastest-growing...

  • HELSINKI, April 26- Finnish mobile network equipment maker Nokia said on Tuesday it had struck a deal to buy France's Withings S.A. for 170 million euros in its first move into the market for digital products that monitor health. Withings' products include activity trackers, weighing scales, thermometers, blood pressure monitors and baby monitors built on a...

  • TOKYO, April 26- Japan's Canon Inc on Tuesday reported a steeper-than-expected fall in first-quarter operating profit on weaker demand for office equipment in emerging markets and slower global sales of compact digital cameras. For January-March, operating profit dropped 39 percent to 40.1 billion yen, the company said. Canon said it now expects full-year...

  • *Q1 operating profit $489 million, lowest since Q1 2013. SEOUL, April 26- South Korean memory chip maker SK Hynix Inc on Tuesday said its first-quarter operating profit fell 65 percent from a year earlier to its lowest in 3 years, hit by faltering demand for consumer electronics such as smartphones. SK Hynix said in a regulatory filing its January-March operating...

  • SEOUL, April 26- South Korean memory chip maker SK Hynix Inc on Tuesday said its first-quarter operating profit fell 65 percent from a year earlier to its lowest in 3 years, hit by faltering demand for consumer electronics. SK Hynix, in a regulatory filing, said January-March operating profit was 562 billion won, compared with a 559 billion won profit tipped by a...

  • 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.