News tagged with global economic slowdown

Infosys profit up 5 percent, misses expectations

Profit at India's Infosys Technologies rose 4.9 percent in dollar terms for the September quarter, the company said Friday, missing expectations amid tepid demand from global clients struggling with economic uncertainty.

Oct 12, 2012
not rated yet 0

Japan's Panasonic set for $10.2 billion loss

Japan's Panasonic on Friday warned it would see its worst-ever net loss of 780 billion yen ($10.2 billion) for the year to March, blaming the strong yen, flooding in Thailand, and acquisition costs.

Feb 03, 2012
not rated yet 0

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.

Jan 02, 2012
3 / 5 (2) 0

SK Telecom named as preferred bidder for Hynix

South Korea's top mobile carrier SK Telecom has been selected as preferred bidder for a controlling stake in Hynix Semiconductor, the world's number two memory chip maker, creditors said Friday.

Nov 11, 2011
not rated yet 0

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.

Aug 06, 2009
5 / 5 (1) 0