Sony will this month host its first major Playstation meeting in two years, sparking a flare-up in online speculation the Japanese consumer electronics giant is preparing to unveil the successor to its 70 million-selling PS3 games console. Sony declined to say whether it would release a new product at the meeting in New York on Feb. 20. "
Nintendo, the world's leading gaming company by machines sold, said it will post an operating loss for a second straight year as the sales of its Wii U, successor to the 100-million selling Wii, faltered.
LG Electronics fell short of consensus forecasts in quarterly earnings on Wednesday, with profits in its TV division tumbling to around one tenth of year-earlier levels as the world's No.2 TV maker bumped up promotional spending in the year-end holiday season.
Facebook's highly-anticipated fourth quarter earnings are due out after the bell Wednesday. Here's a preview.
China is considering lifting a decade-long ban on videogame consoles, the official China Daily newspaper reported on Monday, sending shares of major hardware makers such as Sony and Nintendo surging.
There are more stormy waters ahead for Apple and the company will have to make some sacrifices to stay on top, writes this expert.
The yen's steep decline has burnished the outlook for Japanese stocks, prompting analysts to raise profit forecasts for currency-sensitive exporters and foreign investors to plough $17 billion into the market.
Check out which companies are making headlines before the bell on Thursday:
Sony said it has agreed to sell its U.S.headquarters building in New York City for $1.1 billion to a consortium led by real estate developer The Chetrit Group.
Sony, which has spent several years shrinking its television unit, plans to expand sales from next year once the business has stopped losing money, chief executive Kazuo Hirai said on Thursday.
A new trend has begun to sweep the digital world, bearing witness to tablets shrinking at the same time that smartphones are getting bigger.
Cramer says it’s time to sell this stock. Period.
Sony has put a one of its main buildings in central Tokyo up for sale in a deal that could raise as much as 100 billion yen ($1.14 billion) as the company seeks to sell non-core assets to generate cash to improve its balance sheet, people with direct knowledge of the deal said.
Japan's Panasonic may see its headcount fall further and may sell non-core money-making business units to raise cash, president Kazuhiro Tsuga told reporters at the CES consumer electronics show in Las Vegas on Tuesday.
Stocks finished lower for the second session Tuesday, as investors remained on the sidelines ahead of what is expected to be a weak fourth-quarter earnings season.
Nintendo year-end sales of its Wii U games console were steady, though not as strong as when its Wii predecessor was first launched, the Japanese game maker's top executive told Reuters on Monday.
Two thirds of the 420,000 patrol cars in the United States are equipped with Panasonic's rugged Toughbook computers, and chief Kazuhiro Tsuga sees the niche product as a model for how the sprawling conglomerate can make money beyond a gadget mass market increasingly dominated by Samsung Electronics and Apple.
Foxconn is expanding in Brazil, where many plants make Apple products to avoid import taxes on goods sent from China, The FT reports.
This year's Consumer Electronics Show will have three major themes: PCs, mobile, and TV.
The Japanese government plans to spend up to 1 trillion yen ($11.6 billion) to buy machinery and factories from domestic manufacturers in a bid to strengthen Japan industrial competitiveness by providing funds for new corporate investments, the Nikkei business daily said on Monday.