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Electronic Equipment Instruments and Components

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  • SEOUL, April 29- South Korean tech giant Samsung Electronics Co Ltd on Wednesday reported January-March operating profit fell 29.6 percent from a year earlier, in line with the firm's earnings guidance, as strong chip sales offset a weaker mobile division. In its strongest result in three quarters, the company reported a 6 trillion won operating profit for the...

  • April 28- Corning Inc the supplier of Gorilla glass to Apple Inc and Samsung Electronics Co Ltd, said it expects to sell more LCD glass in the second quarter. The company, which also supplies LCD panels to consumer electronics companies such as Sony Corp and LG Electronics Inc, also forecast a slowdown in a decline in glass prices in the quarter.

  • UPDATE 1-Printer maker Lexmark's revenue slips 3 pct Tuesday, 28 Apr 2015 | 7:57 AM ET

    April 28- Printer maker Lexmark International Inc reported a 3 percent decline in quarterly revenue, hurt by lower revenue from its imaging solutions and services business. Lexmark's imaging solutions and services business includes monochrome and color laser printers and supplies and services covering its printing products. Up to Monday's close, shares...

  • *Shares down 15 pct after takeover by Applied Materials scrapped. TOKYO, April 28- Tokyo Electron Ltd shares plunged 15 percent on Tuesday as the scrapping of a $10 billion takeover by Applied Materials Inc left the Japanese firm searching for a new growth strategy amid soaring R&D costs for the chip-production equipment industry. The abandonment of the plan...

  • BEIJING, April 28- Huawei Technologies Co Ltd launched on Tuesday the Honor 4 C smartphone, the latest bid by the Chinese technology firm to gain market share in the highly competitive budget handset segment from domestic rivals such as Xiaomi Inc.. To cut on marketing costs, the Honor 4 C will be sold primarily online through outlets including Alibaba Group...

  • NEW YORK, April 27- Microsoft Corp lost a round in a potentially costly patent battle when a U.S. International Trade Commission judge on Monday found that the software giant used InterDigital Inc's technology in its mobile phones without permission. The judge, Theodore Essex, said that Microsoft infringed two wireless cellular patents owned by InterDigital,...

  • Tata'a investment in Xiaomi comes against the backdrop of an aggressive push by Xiaomi in India after entering the market, which has huge growth potential with just one in 10 people using smartphones, in July 2014. Xiaomi and other Chinese smartphone makers are drafting in cricket teams and Bollywood stars to conquer India, their largest overseas market and a...

  • TOKYO, April 25- Japanese consumer electronics firm Sony Corp has raised its operating profit estimate for fiscal 2015 to 300 billion yen, or four times its previous estimate, the Nikkei reported on Saturday. Expectations for higher sales of display sensors used in mobile phones and the Playstation gaming console were the reason Sony raised its forecast, the...

  • April 24- Xerox Corp, cut its 2015 profit forecast, blaming a strong dollar, and reported quarterly revenue below Wall Street's expectations, hurt mainly by lower printer sales and higher costs. Shares of Xerox, which got a third of its revenue from outside the United States last year, fell 4.5 percent in premarket trading on Friday. Xerox lowered its 2015 adjusted...

  • TOKYO, April 24- A group of former top Sony Corp executives has delivered an unusually blunt critique to the firm's chief executive Kazuo Hirai, accusing him of losing sight of innovation by focusing on cost-cutting. At a meeting at Sony's Tokyo headquarters last Thursday, five former executives, including PlayStation creator Ken Kutaragi, took Hirai to task...

  • MELBOURNE, April 24- Apple Inc managed to frustrate gadget lovers and investors desperate to find out the components of its new smartwatch on Friday, encasing its chips in tough resin and using rare screws to thwart people trying prise it apart. The iFixit team, which travelled from San Luis Obispo to Australia to get its hands on one of the first Apple Watch...

  • April 23- Google Inc reported a 12 percent rise in quarterly revenue, helped by a 13 percent jump in the number of ads, or paid clicks, but missed lofty Wall Street expectations. Google's ad revenue has been pressured as more consumers access its online services on mobiles devices such as smartphones and tablets, where ad rates are typically lower.

  • NEW YORK, April 23- When Dallas mom Jan Valecka's twins hit that contentious tween age, the rite of passage she dreaded most was a relatively new one: when to get them cell phones. A quarter of U.S. 8- and 9- year-olds now have them, according to the 2015 Parents, Kids& Money survey by Baltimore money managers T. Rowe Price. And a new study from Pew Research Center discovered...

  • HONG KONG, April 23- Chinese telecom gear manufacturer ZTE Corp has published a letter accusing Huawei Technologies Co Ltd of copying its camera technology and threatened legal action, a sign that smartphone patent battles have begun in earnest in China. Patent battles among Chinese smartphone manufacturers are expected to rise in the wake of Qualcomm Inc's...

  • SEOUL, April 23- Samsung Electronics Co Ltd is set to spend at least another 10 trillion won to boost capacity at a new South Korean chip plant, a 64 percent increase over announced investment plans, domestic online news service MoneyToday reported. The plans for the new plant, which will be located in Pyeongtaek south of Seoul, has led to some worries about the...

  • SEOUL, April 23- Samsung Electronics Co Ltd plans to invest at least another 10 trillion won to boost capacity at a new South Korean chip plant, news service MoneyToday reported on Thursday without citing sources. Samsung has already announced a 15.6 trillion won investment to build the plant in Pyeongtaek south of Seoul, its biggest commitment to a single...

  • April 22- Texas Instruments Inc forecast current-quarter revenue below analysts' expectations, citing weak demand for its chips from communication equipment and consumer electronics markets and a strong dollar. TI forecast a profit of 60- 70 cents per share and revenue of $3.12 billion- $3.38 billion for the second quarter. Net income attributable to TI rose...

  • TOKYO, April 22- Japanese consumer electronics firm Sony Corp on Wednesday raised its earnings estimates for the second time in three months, citing higher-than-expected sales of camera sensors and videogames. Sony said it probably made an operating profit of 68 billion yen in the year ended March 31, compared with 26.5 billion yen a year earlier.

  • TORONTO, April 21- BlackBerry Ltd said on Tuesday it is launching a new certificate service that will help bring the security level it offers on smartphones to a slew of devices from cars to smart meters. The initiative is being dubbed BlackBerry Center for High Assurance Computing Excellence. U.S. retailer Target Corp is still recovering from a major breach in...

  • April 21- Wireless chip maker Broadcom Inc reported higher-than-expected quarterly revenue and profit, helped by strong sales of its WiFi and broadband chips to handset makers such as Apple Inc and Samsung Electronics Co Ltd.. Broadcom forecast revenue of $2.10 billion, plus or minus $75 million, for the second quarter ending June 30. Broadcom's net income...