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Nintendo nine-month net profit tumbles 74 percent

(AP) -- Nintendo's nine-month profit tumbled 74 percent as weaker sales of the Wii console and a strong yen battered its bottom line.

Technology / Business

created Jan 27, 2011 | popularity not rated yet | comments 0

Taiwan Semiconductor profits up nearly 25%

Taiwan Semiconductor Manufacturing Co, the world's leading contract microchip maker, said Thursday its profits in the three months to December rose nearly 25 percent on the back of strong demand.

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created Jan 27, 2011 | popularity not rated yet | comments 0

Peripherals maker Logitech feels Asia-led sales boom

Swiss-based computer peripherals giant Logitech said on Thursday that net profit in the third quarter of its 2010-2011 financial year grew by 14 percent as sales boomed, especially in Asia.

Technology / Business

created Jan 27, 2011 | popularity not rated yet | comments 0

SAP posts sharp profit drop due to Oracle lawsuit

German professional software maker SAP posted on Wednesday a sharp drop in fourth quarter earnings owing to a defeat in a court case involving US rival Oracle.

Technology / Business

created Jan 26, 2011 | popularity not rated yet | comments 0

Smartphone maker HTC reports profit jump

(AP) -- Taiwan's top smartphone maker HTC said Friday its fourth-quarter earnings more than doubled from a year earlier amid strong demand in global markets.

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created Jan 21, 2011 | popularity not rated yet | comments 0

LG Display suffers 4th-quarter loss on EU fine

(AP) -- LG Display suffered a net loss in the fourth quarter after it was slapped with a hefty European Union fine for price fixing late last year.

Technology / Business

created Jan 21, 2011 | popularity not rated yet | comments 0

Dutch tech company ASML posts record profits

Dutch company ASML, a key global supplier of computer chip-making systems, said Wednesday it posted record sales and profits in 2010 as orders picked up.

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created Jan 19, 2011 | popularity not rated yet | comments 0

India software giant TCS profits up 30%

India's largest software exporter Tata Consultancy Services on Monday said profits rose nearly 30 percent in the third quarter, beating forecasts, as outsourcing orders strengthened.

Technology / Business

created Jan 17, 2011 | popularity 5 / 5 (1) | comments 0

India's Infosys profits up 14.1%, lag forecasts

Indian tech giant Infosys on Thursday posted a disappointing 14.1 percent rise in consolidated net profit, and warned that future growth could be hurt if recovery in developed markets weakens.

Technology / Business

created Jan 13, 2011 | popularity not rated yet | comments 0

Canon to spend $12bn on acquisitions by 2015

Canon plans to spend up to one trillion yen ($12 billion) by 2015 on mergers and acquisitions to expand in the areas of medical equipment and robotics, according to an interview published Tuesday.

Technology / Business

created Jan 11, 2011 | popularity 5 / 5 (2) | comments 0

SEC rule likely to trigger Facebook IPO in 2012

(AP) -- With so many investors becoming fans of the company, Facebook will be legally required to begin sharing more information about its finances and strategy by April 2012, according to documents distributed ...

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created Jan 07, 2011 | popularity not rated yet | comments 0

S.Korea's Hynix says chip price slump will hit Q4 profit

South Korea's Hynix Semiconductor says it expects computer memory-chip prices to fall further early next year and hit its fourth-quarter results this year.

Technology / Semiconductors

created Dec 21, 2010 | popularity not rated yet | comments 0

Taiwan tech giant says EU price-fixing fine 'unfair'

Taiwanese IT firm Hon Hai Precision said Friday a huge fine imposed by the European Commission on its affiliate Chimei Innolux Corporation for price-fixing was "unfair" and "too high". ...

Technology / Business

created Dec 10, 2010 | popularity 5 / 5 (1) | comments 0

India's Mahindra Satyam shows fiscal year quarterly profit

India's outsourcing firm Mahindra Satyam, recovering from the country's biggest-ever corporate fraud, on Monday reported its first profits since the scandal erupted.

Technology / Business

created Nov 15, 2010 | popularity not rated yet | comments 0

Japan's Rakuten e-retailer books larger sales

Japan's top online Rakuten on Tuesday reported an increase in net sales for the nine months to September as it continues a global expansion of its e-commerce business.

Technology / Business

created Nov 09, 2010 | popularity not rated yet | comments 0