News tagged with economic slump

Sony books $870mln quarterly profit

Japanese electronics and entertainment giant Sony Corp. Thursday announced a third-quarter net profit of 870 million dollars, a result it said "significantly exceeded expectations".

dateFeb 04, 2010 in Business
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Japan's NEC to exit supercomputer project

Japan's ailing IT giant NEC Corp. said Thursday that it would withdraw from a government-backed supercomputer project as part of its efforts to cut costs during the economic slump.

dateMay 14, 2009 in Business
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