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Electronic Equipment Instruments and Components

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  • GUIYANG, China May 26- Taiwan's Foxconn Technology, the world's largest contract electronics manufacturer, is aiming to develop 10-12 facilities in India, including factories and data centers, by 2020, Chairman Terry Gou said on Tuesday. The announcement makes Foxconn the latest tech powerhouse to set its sights on the world's second-most populous nation.

  • SHANGHAI, May 26- Despite being blocked in China, Twitter is courting Chinese companies to buy advertising space on its service used by more than 300 million people elsewhere in the world. The San Francisco- based company already works with Chinese smartphone maker Xiaomi, online shopping giant Alibaba Group, white goods producer Qingdao Haier and flag carrier...

  • GUIYANG, China, May 26- Taiwan's Foxconn Technology Group, the world's largest contract electronics manufacturer, is aiming to develop 10-12 facilities in India, including factories and data centres, by 2020, company Chairman Terry Gou said on Tuesday. The company could spend a "few billion dollars" on developing the facilities, said Gou, whose company's listed...

  • May 22- Canadian smartphone maker BlackBerry Ltd is cutting jobs across the world, the company said on Friday, as it consolidates its software, hardware and applications business. The Waterloo, Ontario- based company last month said it was considering closing its offices in Sweden, a move that would result in the loss of up to 100 jobs. Up to Friday's close, the...

  • BlackBerry to buy up to 12 mln shares for cancellation Thursday, 21 May 2015 | 6:15 PM ET

    May 21- Canadian smartphone maker BlackBerry Ltd said it plans to buy back 12 million shares, sending its stock up nearly 2 percent in extended trading in the United States. BlackBerry said it would buy the shares, representing about 2.6 percent of its outstanding public float, over the Nasdaq Stock Market or on the Toronto Stock Exchange, subject to approval.

  • May 21- Best Buy Co Inc, the largest U.S. consumer electronics chain, reported better-than-expected quarterly profit and sales, helped by strong demand for smartphones and large-screen TVs. Best Buy said its revenue growth in the United States was driven by sales of mobile phones bundled with billing plans by telecom carriers. Best Buy's revenue from the United...

  • *Elbit to pay $117.9 mln upfront, rest based on performance. TEL AVIV, May 21- Israeli defence electronics firm Elbit Systems agreed to buy Nice Systems' cyber and intelligence division for up to $157.9 million as it seeks to boost its presence in this fast-growing market. Elbit, Israel's largest listed defence company, will pay $117.9 million in cash at closure of...

  • Elbit Systems buys Nice's cyber unit for up to $158 mln Thursday, 21 May 2015 | 3:19 AM ET

    TEL AVIV, May 21- Israeli defence electronics firm Elbit Systems has agreed to buy Nice Systems' cyber and intelligence division for $157.9 million as it seeks to boost its presence in this fast-growing market. Elbit, Israel's largest listed defence company, will pay $117.9 million in cash at closure of the deal, expected in the third quarter.

  • EU lawmakers seek ban on "blood metals" in surprise vote Wednesday, 20 May 2015 | 9:12 AM ET

    The result is set to paralyse the bill because European Union governments say firms across the 28 EU countries cannot track materials from small mines all the way through commodity exchanges to component manufacturers and the final product. Greens, centre-left and protest lawmakers from the far-left and far-right gained critical mass in the vote to...

  • SEATTLE, May 20- Microsoft's plan to make its new version of Windows a mobile hit by letting it accept tweaked Apple and Android apps has met an obstacle: some of the software developers the company needs to woo just aren't interested. Windows phones accounted for just 3 percent of global smartphone sales last year, compared with about 81 percent for devices with...

  • May 18- Video game publisher Take-Two Interactive Software Inc, reported a better-than-expected quarterly profit, helped by strong sales of its "Grand Theft Auto V" and " NBA 2 K15" titles. Take-Two Interactive Software also increased its stock buyback plan to 10 million shares. Sales of the physical retail version of "Grand Theft Auto V" ranked among NPD Group's top...

  • May 18- Video game publisher Take-Two Interactive Software Inc, reported an 83.5 percent jump in quarterly adjusted revenue, helped by strong sales of "Grand Theft Auto V" and " NBA 2 K15". Adjusted net income increased to $54.3 million, or 49 cents per share, in the fourth quarter ended March 31, from $21.5 million, or 21 cents per share, a year earlier.

  • *CEO hopes India contract finalised this year. GENEVA, May 18- Dassault Aviation will double production of its Rafale combat jet within two to three years of the completion of a planned sale to India, its chief executive said on Monday. The maker of combat and business jets is also in talks on potential fighter sales with several other countries including Malaysia,...

  • May 14- Applied Materials Inc, the No. 1 maker of machinery used to make semiconductor chips, posted quarterly profit and revenue above market estimates, largely driven by demand from makers of memory chips. D.A. Davidson& Co analyst Thomas Diffely said Applied Materials performed better than many investors had feared after the company's $10 billion takeover...

  • May 14- QE may or may not be working for Japan's economy but it sure is doing equity investors there a world of good. With about two thirds of the listed firms on the Tokyo Stock Exchange's first section having reported, analysts are expecting record profits of more than 20 trillion yen for fiscal 2014. Profits are especially strong among electronics...

  • *Car companies use Nvidia's "supercomputer on a chip". DETROIT, May 14- It took Silicon Valley chipmaker Nvidia Corp the better part of a decade to gain acceptance as a global automotive supplier, a lesson for other technology firms hoping to make a similar transition from consumer electronics to car components. Nvidia had a thriving business in supplying...

  • UPDATE 1-Applied Materials revenue beats estimates Thursday, 14 May 2015 | 5:20 PM ET

    May 14- Applied Materials Inc's quarterly revenue and profit beat market estimates due to increased demand for its chip equipment spares, consulting services and gear used to make display screens. Revenue in its applied global services business jumped 21 percent to $646 million in the second quarter ended April 26, Applied Materials said.

  • May 14- Avago Technologies Ltd, looking to acquire a fellow chipmaker, has reached out to potential targets including Xilinx Inc, Renesas Electronics Corp and Maxim Integrated Products Inc, according to people familiar with the matter. Neither Silver Lake nor KKR still own stakes in Avago, but the former provided financing for Avago's $6.6 billion acquisition...

  • PARIS, May 13- France's Thales moved quickly on Wednesday to overcome a snub by one of France's leading businessmen, asking its chief executive to lead the board after Henri Proglio refused to accept the chairmanship of Europe's largest defense electronics group. The surprise decision by Proglio to walk away from the non-executive job scuppered a plan to...

  • In recent years, Haier has bought New Zealand's Fisher& Paykel Appliances and Japan's Sanyo Electronics to compete against worldwide home appliances leader Whirlpool Corp and other global brands, including Electrolux AB. He is now driving production and sales at one of China's most successful consumer brands closer to customers, flattening the management...