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Electronic Equipment Instruments and Components

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  • TOKYO, Feb 4- Japan's Sony Corp said its net annual loss will likely be smaller than previously forecast after cost cuts and higher-than-expected sales of its image sensors and PlayStation video game consoles helped its third-quarter profit beat estimates. Sony also forecast a preliminary full-year net loss of 170 billion yen, narrower than its forecast...

  • Take-Two said it now expects adjusted revenue of $1.65 billion- $1.70 billion for the year ending March 31, up from its previous forecast of $1.4 billion- $1.5 billion. It also raised its adjusted profit per share forecast for the year to $1.65- $1.75 from $1.05- $1.30. Adjusted net income rose to $211.6 million, or $1.87 per share, for the third quarter ended Dec. 31,...

  • Feb 3- Take-Two Interactive Software Inc, a video game publisher, reported a 24.3 percent jump in quarterly adjusted revenue, helped by the runaway success of the "Grand Theft Auto V" game for new consoles. Adjusted net income rose to $211.6 million, or $1.87 per share, for the third quarter ended Dec. 31, from $210.7 million, or $1.70 per share, a year earlier.

  • While growth is slowing, China's total internet population still rose by 31 million in 2014, said the report by the China Internet Network Information Center. These include e-commerce groups Alibaba and JD.com Inc, social networking and video games firm Tencent Holdings Ltd, search giant Baidu Inc and smartphone maker Xiaomi Inc.. In good news for Alibaba and...

  • *Seiko Epson, Konica Minolta dive after earnings. TOKYO, Feb 2- Japanese share prices fell on Monday after economic data from the U.S. and China cast shadows on the global economic outlook, while shares in two printer manufacturers tumbled after their earnings disappointed investors. Printer maker Seiko Epson fell 10.6 percent and rival Konica Minolta dropped...

  • Panasonic withdraws from TV production in China: Source Saturday, 31 Jan 2015 | 1:34 AM ET

    Panasonic Corp has stopped making TVs in China and plans to liquidate its joint venture in Shandong due to strong pricing pressure, a company source said on Saturday.

  • Panasonic withdraws from TV production in China: source Saturday, 31 Jan 2015 | 12:48 AM ET

    TOKYO, Jan 31- Panasonic Corp has stopped making TVs in China and plans to liquidate its joint venture in Shandong, a company source said on Saturday, the latest in a string of Japanese electronics companies exiting overseas TV markets amid strong pricing pressure. The source, who did not want to be identified because the move had not yet been announced to the...

  • Xerox's profit beats Street on lower costs Friday, 30 Jan 2015 | 10:34 AM ET
    Xerox

    Xerox reported a slightly better-than-expected quarterly profit as expenses declined 4 percent.

  • Jan 30- Xerox Corp, which has been shifting its focus to IT services from making printers and copiers, cut its profit forecast for 2015 for the second time after reporting its sixth-consecutive drop in quarterly revenue. The forecast cut reflected a 5 cent per share impact from currency rate fluctuations, specifically the weakening of the euro, said Xerox, which...

  • Jan 30- Xerox Corp, best known for its printers and copiers, reported a slightly better-than-expected quarterly profit as expenses declined 4 percent. Restructuring and better productivity led to higher margins, Xerox said on Friday. Xerox said last month it was selling its information technology outsourcing arm to French IT services firm Atos SE for $1.05...

  • FRANKFURT, Jan 30- A boom in demand for car safety systems will help German engineer Robert Bosch to boost sales and profit margins this year, it forecast on Friday. The company, a major supplier of electronic and mechanical automotive components, said preliminary figures showed group sales reached 48.9 billion euros last year, up 6.2 percent on the year before,...

  • SEOUL, Jan 29- Samsung Electronics Co Ltd is closer to losing its crown as global smartphone leader after posting a plunge in quarterly mobile earnings on Thursday, a day after rival Apple Inc reported the biggest profit in corporate history. It was the mobile division's fifth consecutive quarter of decline, in contrast to Apple's record-breaking 74.5 million...

  • SEOUL, Jan 29- Samsung Electronics Co Ltd on Thursday reported its first annual earnings decline in three years, as strong chip earnings failed to make up for weakness in the South Korean giant's smartphone business. The result put the firm's 2014 profit at 25 trillion won, down from a record 36.8 trillion won in 2013 and the lowest since 2011, as the world's top...

  • SEOUL, Jan 29- South Korea's Samsung Electronics Co Ltd said on Thursday that October-December profit fell 36 percent from a year earlier, confirming the firm's first annual earnings decline in three years. The world's top smartphone maker reported a fourth-quarter profit of 5.3 trillion won, compared with a 5.2 trillion won profit it guided for earlier this...

  • SAN FRANCISCO, Jan 28- Qualcomm Inc reduced its outlook for fiscal 2015, saying it expects its newest Snapdragon mobile chip will not be used in a major customer's flagship smartphone, sending its shares lower. The San Diego, California, company also warned that "challenges" with another of its chips had hurt its competitiveness in China, where Qualcomm has been...

  • SAN FRANCISCO, Jan 28- Qualcomm Inc reduced its outlook for fiscal 2015, saying it expects its newest Snapdragon mobile chip will not be used in a major customer's flagship smartphone, sending its shares lower. Qualcomm posted higher fiscal first-quarter revenue that beat analysts' expectations as a year-long antitrust investigation in China weighed on...

  • CommScope snags TE Connectivity's network gear unit Wednesday, 28 Jan 2015 | 9:22 AM ET

    CommScope said it would buy nearly all of Swiss electronics firm TE Connectivity's network gear business for about $3 billion.

  • Jan 28- Telecom equipment maker CommScope Holding Co Inc said it would buy nearly all of Swiss electronics firm TE Connectivity's network gear business for about $3 billion to expand in Europe and Asia. The deal will help CommScope expand in overseas markets. CommScope said it would finance the deal through cash and up to $3 billion in debt.

  • Jan 28- Telecom equipment maker CommScope Holding Co Inc said it will buy Swiss electronics firm TE Connectivity's network equipment business for about $3 billion in cash to expand in Europe and Asia. The transaction is expected to close by the end of 2015.. The deal will add to CommScope's adjusted earnings in excess of 20 percent by the end of the first full year...

  • SHANGHAI, Jan 28- Apple Inc is steering clear of Chinese rival Xiaomi Inc's low-price online strategy, ramping up store openings in China to harness its premium edge and fend off the fast-growing No.3 global smartphone maker. "In the long run Xiaomi is more of a threat to Apple than say Samsung," said Ben Thompson, analyst at Stratechery.com. Instead, Apple plans to...