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Electronic Equipment Instruments and Components

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  • April 30- Audio-chip maker Audience Inc, which has struggled since losing Apple Inc as its No. 1 customer in 2012, agreed to a distress sale to hearing-aid component maker Knowles Corp in a cash-and-stock deal valued at $85 million. Itasca, Illinois- based Knowles will pay $2.50 in cash and $2.50 in stock for each Audience share- a discount of 9 percent to Audience's...

  • Arrow Electronics tops 1Q profit forecasts Thursday, 30 Apr 2015 | 9:24 AM ET

    ENGLEWOOD, Colo. _ Arrow Electronics Inc. on Thursday reported first-quarter earnings of $106.1 million. For the current quarter ending in June, Arrow Electronics expects its per-share earnings to range from $1.43 to $1.55. Arrow Electronics shares have increased nearly 9 percent since the beginning of the year.

  • Orbotech posts 1Q profit Thursday, 30 Apr 2015 | 7:06 AM ET

    YAVNE, Israel _ Orbotech Ltd. on Thursday reported first-quarter net income of $11.8 million. For the current quarter ending in June, Orbotech said it expects revenue in the range of $185 million to $193 million. Orbotech shares have risen 20 percent since the beginning of the year.

  • TOKYO, April 30- Japanese consumer electronics maker Sony Corp expects operating profit to more than quadruple this year, as strong sales of camera sensors and cost cuts anchor a long-awaited turnaround after years of losses on TVs and mobile phones. Sony said on Thursday it estimates operating profit will jump in the year ending March 2016 to 320 billion yen.

  • TOKYO— Once at the leading edge of consumer electronics, Sony Corp. is now more lumbering giant than trend-setter after falling behind competitors such as Samsung Electronics Co. and Apple Inc.. Sony watchers are urging the down-on-its-luck company to rediscover its pioneering ethos. Back in the 1960 s, Sony dominated in TVs with its own technology called...

  • TOKYO, April 30- Japanese consumer electronics maker Sony Corp said it expects operating profit to more than quadruple this fiscal year, boosted by strong sales of camera sensors and cost cuts as it seeks to turn around its loss-making mobile phone business. Sony said on Thursday it estimates operating profit will grow in the year ending March 2016 to 320...

  • TOKYO, April 30- Japanese consumer electronics maker Sony Corp said it expects operating profit to more than quadruple this fiscal year, boosted by strong sales of camera sensors and cost cuts in its ailing mobile phone business. Sony said on Thursday it estimates operating profit will grow in the year ending March 2016 to 320 billion yen from 68.5 billion in the...

  • Strategy Analytics declined to say how many handsets Samsung had shipped in China during the quarter, although it expected the South Korean company to return to the top three in the next one or two quarters following the launch of its flagship S6 and S6 edge models in April. It expects Apple to surpass Xiaomi to top the China market later this year on the strength...

  • QuickLogic reports 1Q loss Wednesday, 29 Apr 2015 | 5:03 PM ET

    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 6 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • As sensors shrink, watch as 'wearables' disappear Wednesday, 29 Apr 2015 | 5:00 PM ET

    "In five years, when we look back, everything we see will absolutely be classified as toys, as the first very basic steps of getting this right," says Nikolaj Hviid, the man behind smart earbuds called the Dash. Developed by Munich- based Bragi GmbH, the Dash is a wireless in-ear headphone that looks like a discreet hearing aid. Nick Hunn, a consultant who lays claim to the...

  • 'Destiny' video game creators seek to atone for missteps Wednesday, 29 Apr 2015 | 1:00 PM ET

    LOS ANGELES— The creators of "Destiny" are ready to unleash the wolves. "House of Wolves" will also aim to right several wrongs as developer Bungie, publisher Activision and the sci-fi shooter's Guardian protagonists look to the future. "The short answer is everything," said multiplayer design lead Lars Bakken.

  • SAN FRANCISCO, April 29- Microsoft Corp is set to allow apps from rival Google Inc's Android system onto its own Windows phones later this year, two sources familiar with the matter said on Wednesday. The move would mark a radical shift for Microsoft, which has struggled to attract users and has only 3 percent of the global smartphone market. Microsoft is expected...

  • Microsoft to allow Android apps on Windows phones -sources Wednesday, 29 Apr 2015 | 11:16 AM ET

    SAN FRANCISCO, April 29- Microsoft Corp is set to allow apps from rival Google Inc's Android system onto its own Windows phones later this year, according to two sources familiar with the matter on Wednesday. The move would mark a radical shift for Microsoft, which has struggled to attract users and has only 3 percent of the global smartphone market.

  • MOSCOW, April 29- Russia's second-biggest mobile phone operator Megafon confirmed guidance for flat revenues in 2015 although sales fell in the first quarter, hit by weaker demand for handsets and a one-off gain a year ago. Citing a challenging economy, Megafon also decided to split its payment of dividends with the larger part of the planned 40 billion rouble...

  • LG Electronics says 1Q profit sinks nearly 60 percent Wednesday, 29 Apr 2015 | 1:48 AM ET

    SEOUL, South Korea— LG Electronics Inc. said Wednesday its quarterly profit plunged 59 percent as losses from TVs offset a modest improvement in its smartphone business. The Korean company said its January-March net profit fell to 38.4 billion won from 92.6 billion won a year earlier. Sales were flat at 14 trillion won while operating profit slumped 37 percent...

  • Samsung's profit hit by bigger iPhones, sinks 39 percent Wednesday, 29 Apr 2015 | 1:05 AM ET

    SEOUL, South Korea— Samsung Electronics Co. said its first quarter net profit plunged 39 percent as consumers switched to bigger iPhones, squeezing earnings from its mobile business to less than half what they were a year earlier. The company reported Wednesday that its January-March net profit was 4.63 trillion won, compared with 7.49 trillion won a year...

  • SEOUL, April 29- Samsung Electronics Co Ltd on Wednesday said it expects earnings to rise in the second quarter after posting its highest profit in three quarters in January-March, boosted by strong demand for its new Galaxy S6 flagship smartphones. Samsung's renewed focus on design after a period of stagnation in its smartphone range appears to be paying...

  • MELBOURNE, April 29- London copper edged lower on Wednesday ahead of a U.S. Federal Reserve meeting that may offer new clues on the timing of a rate rise, though the prospect of further economic support in top metals user China cushioned falls. Measures to shore up China's property sector should be positive, as developers fit out properties to clear inventories,...

  • SEOUL, April 29- Samsung Electronics Co Ltd overtook Apple Inc to recapture the title of world's top smartphone maker by volume in the first quarter of 2015, research firm Strategy Analytics said on Wednesday. It said Samsung shipped 83.2 million smartphones worldwide and captured 24 percent market share in the quarter, down from 31 percent a year earlier but...

  • SEOUL, April 29- Tech giant Samsung Electronics Co Ltd on Wednesday said the average selling price of its handsets will likely rise in the second quarter as the firm rolls out its new flagship Galaxy S6 smartphones. Samsung head of investor relations Robert Yi said in a conference call that the average selling price of the firm's handsets during the...