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Hardware Electronic Equipment Instruments and Components

  • *Q1 operating profit $8.8 bln, highest since Q3 2013. SEOUL, April 27- Samsung Electronics Co Ltd on Thursday flagged stronger earnings and announced a cancellation of treasury shares after posting a solid first-quarter profit boosted by the memory chip business, sending its shares to a new high. "The cancellation of the entire existing shares held by the company...

  • *Q1 operating profit $8.8 bln, highest since Q3 2013. SEOUL, April 27- Samsung Electronics Co Ltd on Thursday flagged stronger earnings and announced a cancellation of treasury shares after posting a solid first-quarter profit boosted by the memory chip business, sending its shares to a new high. "The cancellation of the entire existing shares held by the company...

  • *Q1 operating profit $8.8 bln, highest since Q3 2013. SEOUL, April 27- Tech giant Samsung Electronics Co Ltd on Thursday said it expected earnings to further improve in the current quarter, after it reported its best quarterly profit since 2013 thanks to a memory chip boom. January-March operating profit for Asia's most valuable company by market capitalisation...

  • SEOUL, April 27- Strong memory chip earnings propelled tech giant Samsung Electronics Co Ltd to its best quarterly profit in more than 3 years, the South Korean firm said on Thursday as its first-quarter results matched its earlier guidance. Samsung said in a regulatory filing its January-March operating profit was 9.9 trillion won, compared with 9.9 trillion...

  • The No. 2 U.S. wireless carrier had 61,000 fewer postpaid subscribers, who pay bills monthly, in North America on a net basis in the first quarter ended March 31. AT&T's total operating revenue fell nearly 3 percent to $39.37 billion, mainly due to record-low sales of wireless handset sales. Net income attributable to AT&T was $3.47 billion, or 56 cents a share, down...

  • *Shuaa Capital down despite swinging to Q1 profit. DUBAI, April 25- Stock markets in the Gulf most exposed to foreign trade held their ground on Tuesday, with Dubai and Qatar showing resilience in the face of disappointing results from blue-chip companies. In Dubai, shares of Emirates Integrated Telecommunications lost 3 percent after reporting a net profit of...

  • TAIPEI, April 25- Taiwan stocks rose on Tuesday, mainly taking cues from overseas markets, but continued their choppy trading as investors await fresh economic data. In Taiwan, the electronics subindex rose 0.6 percent, while the financials subindex gained 1.0. Taiwan will release its preliminary gross domestic product data for the first quarter on Friday,...

  • April 21- U.S. private equity firm KKR& Co LP and Japanese government-backed fund, Innovation Network Corp of Japan, will submit a joint offer for Toshiba Corp's memory chip unit, the Nikkei business daily reported on Friday. INCJ could invest in the Toshiba business if it made sense, Japan's industry and trade minister had said on Wednesday. Toshiba has narrowed...

  • TORONTO, April 20- Canada's main stock index rose on Thursday after shares of Canadian Pacific Railway Ltd jumped on an upbeat earnings report and mining shares benefited from a gain in commodity prices. The Toronto Stock Exchange's S&P/TSX composite index closed up 72.68 points, or 0.47 percent, at 15,625.56. Barrick Gold Corp rose 1.5 percent to C $25.86, and...

  • TOKYO, April 21- Toshiba Corp creditor Sumitomo Mitsui Trust Bank said it fully supports the troubled electronics conglomerate as it battles to survive by shedding a pair of core businesses. As a member of its main creditor group, we will provide as much support as possible, " Masaru Hashimoto, who became president of SMTB this month, said in an interview.

  • TORONTO, April 20- Canada's main stock index rose on Thursday as Canadian Pacific Railway Ltd jumped on an earnings beat and as energy and many financial shares also gained. Canadian Pacific was the most influential gainer on the index, adding 3.6 percent to C $209.32 after it reported higher-than-expected quarterly profit as it earned more from shipments of...

  • TOKYO, April 20- Western Digital Corp, the U.S. partner of Toshiba Corp in a semiconductor venture, is in talks with Japanese government-backed investors and would consider a joint bid with them for the chip business, a senior official said on Thursday. "We want to find a way to ensure we are aligned with INCJ and DBJ," Mark Long, chief financial officer, told Reuters in an...

  • TOKYO, April 20- Western Digital Corp, the U.S. partner of Toshiba Corp in a semiconductor venture, is in talks with state-backed fund Innovation Network Corp of Japan and the Development Bank of Japan and would consider a joint bid with them for the chip business, a senior official said on Thursday. "We want to find a way to ensure we are aligned with INCJ and DBJ," Mark...

  • *Strong order growth continues from China, U.S. TAIPEI, April 20- Taiwan's export orders rose for the eighth straight month in March and at a faster pace than expected as global demand remained strong for components of Apple Inc's new iPhone and other tech gadgets. Taiwan's export orders in March rose 12.3 percent from a year earlier, above the 10 percent forecast...

  • TAIPEI, April 20- Taiwan's export orders rose for the eighth straight month in March and at a faster pace than expected as global demand remained strong for components of Apple Inc's new iPhone and other tech gadgets. Taiwan's export orders rose 12.3 percent in March from a year earlier, above the 10 percent forecast in a Reuters poll but slowing from a 22 percent...

  • SAN FRANCISCO, April 19- Shares of semiconductor equipment suppliers surged on Wednesday after quarterly earnings reports from Lam Research and ASML Holding suggested a recent wave of spending by chipmakers was far from over. Lam Research jumped 6.38 percent to a record of $135.57 after its quarterly results and outlook late on Tuesday blew past Wall...

  • SAN FRANCISCO, April 19- Shares of semiconductor equipment suppliers surged on Wednesday after quarterly earnings reports from Lam Research and ASML Holding suggested a recent wave of spending by chipmakers was far from over. Lam Research jumped 6.58 percent to a record of $135.81 after its quarterly results and outlook late on Tuesday blew past Wall...

  • SAN FRANCISCO, April 19- Shares of semiconductor equipment suppliers surged on Wednesday after quarterly earnings reports from Lam Research and ASML Holding suggested a recent wave of spending by chipmakers was far from over. Lam Research jumped 6.58 percent to a record of $135.81 after its quarterly results and outlook late on Tuesday blew past Wall...

  • FRANKFURT, April 19- Dutch semiconductor equipment supplier ASML on Wednesday reported a doubling in first-quarter net income and said demand looked healthy for the rest of 2017, aided by a surge in spending by memory chip making customers. Net sales grew 46 percent year over year to 1.94 billion euros for the first quarter, compared with analyst expectations...

  • TOKYO, April 19- A Japanese government-backed fund and policy bank are considering a joint bid with Broadcom Ltd for Toshiba Corp's semiconductor business, a move that would vault the U.S. chipmaker into the lead to buy the prized unit, the Asahi newspaper said on Wednesday. A bid by Innovation Network Corp of Japan and the Development Bank of Japan with Broadcom...