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Hardware Electronic Equipment Instruments and Components

  • March 23- Micron Technology Inc reported a 58.4 percent jump in quarterly revenue, boosted by higher demand for the company's memory chips used in computing devices and storage devices found in smartphones amid tight supplies. Net income attributable to Micron was $894 million, or 77 cents per share, in the second quarter ended March 2, compared with a net loss of...

  • DUBAI, March 21- New restrictions on passengers carrying electronics on U.S. flights will be in place for nearly seven months, an Emirates spokeswoman said on Tuesday. The Department of Homeland Security will require passengers travelling from 10 Middle East airports, including Emirates' Dubai hub, to stow electronic devices larger than a mobile phone with...

  • STOCKHOLM, March 21- Shares in former stock market star Fingerprint Cards plunged as much as 42 percent on Tuesday after the Swedish company scrapped its dividend and withdrew its earnings guidance for 2017.. The company, which as its name suggests provides fingerprint sensors for technology products, blamed weaker demand from smartphone makers and...

  • TAIPEI, March 20- Taiwan's export orders grew at their fastest pace in six-and-a-half years in February on strong global demand for electronics that's bolstering makers of memory chips, flat panels and smartphones. The stronger-than-expected performance and a seventh straight month of gains in orders for the trade-reliant economy reinforce...

  • TAIPEI, March 17- Taiwan stocks rose on Friday to their highest in nearly two years as retail investors piled in following continued foreign investor buying. Taiwan stocks have added 1.2 percent so far this month, heading for a fourth consecutive month of gains, as foreign investors have been net buyers in March. Taiwan will release its export orders data for...

  • TAIPEI, March 16- Taiwan stocks rose on Thursday, largely tracking regional gains after the U.S. Federal Reserve indicated it won't accelerate the pace of the rate hikes and stuck to its outlook. As of 0144 GMT, the main TAIEX index rose 0.91.

  • TOKYO, March 10- The Japanese government, fretting over the future of Toshiba Corp's flagship memory chips unit, is prepared to block a sale to bidders it deems a risk to national security, sources said, a stance that gives U.S. suitors a major advantage. The government would use Japan's foreign exchange and foreign trade laws to control the auction if need be, one of...

  • NEW YORK/ TOKYO, March 9- U.S. nuclear firm Westinghouse Electric Co LLC has hired bankruptcy attorneys, in a sign that owner Toshiba Corp is more seriously weighing a Chapter 11 filing as an option to help it rein in a multibillion dollar financial maelstrom. People familiar with the matter said the nuclear engineering company had brought in law firm Weil Gotshal&...

  • NEW YORK/ TOKYO, March 9- U.S. nuclear firm Westinghouse Electric Co LLC has hired bankruptcy attorneys, in a sign that owner Toshiba Corp is more seriously weighing a Chapter 11 filing as an option to help it rein in a multibillion dollar financial maelstrom. People familiar with the matter said Toshiba had hired law firm Weil Gotshal& Manges LLP as an exploratory...

  • TOKYO, March 9- Taiwan's Foxconn, the world's largest contract electronics maker, is not a favored bidder for Toshiba Corp's memory chip business due to its close ties with China, sources with direct knowledge of the deal said. The Japanese government is worried that selling to bidders close to China may lead to the transference of key technology, the sources said.

  • TOKYO, March 9- Taiwan's Foxconn, the world's largest contract electronics maker, is not a favoured bidder for Toshiba Corp's memory chip business due to its close ties with China, sources with direct knowledge of the deal said. The Japanese government is worried that selling to bidders close to China may lead to the transference of key technology, the sources...

  • *Q4 GDP revised to annualised +1.2 pct vs prelim +1.0 pct. TOKYO, March 8- Japan's economy grew more than earlier estimated in the fourth quarter as capital expenditure grew at its fastest in almost three years, welcome news for policymakers as they begin to discuss how to wind down years of massive stimulus. "The economy will remain in recovery mode, because we are...

  • BENGALURU, March 3- Chinese electronics maker LeEco said on Friday it has no plans to exit its operations in India and is gearing up for the launch of its next generation television in the country. "India is one the most strategic markets for LeEco," the company said in a statement, adding that it had no plans to exit the market. While the company did not provide any...

  • *Nokia 3310 and BlackBerry return at Barcelona fair. Apple and Samsung lead the smartphone pack worldwide but impressive growth in the Chinese market has left room for a host of home-grown manufacturers to come to the fore, with China's Huawei now third in the world. Within China, Oppo surged to become market leader last year and it is expanding rapidly in Asia to...

  • SAN FRANCISCO, March 1- Facebook Inc's virtual reality unit Oculus has cut $200 from the total price of its flagship hardware set, in a bid to expand the system's base of video game players, the company said on Wednesday. The virtual reality headset Rift and the motion controllers Touch will together retail for $598, Jason Rubin, Oculus' vice president of content,...

  • SAN FRANCISCO, March 1- Facebook Inc's virtual reality unit Oculus has cut $200 from the all-in price of its flagship hardware set, in a bid to expand the system's base of video game players, the company said on Wednesday. The virtual reality headset Rift and the motion controllers Touch will together retail for $598, Jason Rubin, Oculus' vice president of content,...

  • March 1- Best Buy Co Inc, the No. 1 U.S. electronics retailer, reported an unexpected decline in holiday-quarter same-store sales on Wednesday, hurt by weak demand for tablets, gaming consoles, wearable devices and mobile phones. The company's sales at stores open for more than a year fell 0.7 percent in the fourth quarter, widely missing analysts' average estimate...

  • March 1- Best Buy Co In, the No. 1 U.S. electronics retailer, reported an unexpected decline in holiday-quarter same-store sales on Wednesday, hurt by weak demand for tablets, gaming consoles, wearable devices and mobile phones. The company's sales at stores open for more than a year fell 0.7 percent in the fourth quarter, widely missing analysts' average estimate of...

  • HONG KONG, March 1- Taiwan's Foxconn, the world's largest contract electronics maker, is "definitely bidding" for the chip business of Japan's Toshiba Corp and is "very confident" it can buy into it, company founder Terry Gou said on Wednesday. Gou was speaking as Foxconn, formally known as Hon Hai Precision Industry Co Ltd, broke ground for a 61 billion yuan...

  • *Founder says money should not be only thing for Toshiba. HONG KONG, March 1- Taiwan's Foxconn, the world's largest contract electronics maker, is "very confident" it can buy into the chip business of Japan's Toshiba Corp, company founder Terry Gou said on Wednesday. Gou was speaking as Foxconn, formally known as Hon Hai Precision Industry Co Ltd, broke ground for a 61...