News tagged with economic slowdown

PC maker Lenovo reports loss amid weak demand

(AP) -- Lenovo Group, the world's fourth-largest personal computer maker, reported a $16 million quarterly loss Thursday and said it faces pressure from weak global demand and intense competition.

dateAug 06, 2009 in Business
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Japan's Hitachi posts first-quarter loss

Japanese high-tech giant Hitachi announced Tuesday a net loss of 82.7 billion yen (870 million dollars) for the fiscal first quarter with sales down heavily amid the economic downturn.

dateJul 28, 2009 in Business
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Chairman says Samsung to focus on new products

South Korea's Samsung Electronics will this year focus on developing new products and tapping into new businesses to get ahead of competitors amid the global economic slowdown, its chairman said Monday.

dateJan 02, 2012 in Business
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