Sony's CEO Kazuo Hirai says the electronics giant's board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division.
May 22, 2013
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Wireless equipment maker Ericsson AB says it will close down its telecom cable manufacturing operation and cut around 350 jobs in Sweden.
May 21, 2013
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T-Mobile US Inc., the last of the major U.S. carriers to start carrying iPhones, is selling them at a brisk pace, it reported Wednesday.
May 08, 2013
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Taiwan's leading personal computer maker Acer said Tuesday it swung to profit in the first quarter of 2013 thanks to income from foreign exchange and stock sales.
May 07, 2013
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Taiwan PC maker Asustek Computer Inc said Monday its first-quarter net profit rose 21 percent year-on-year on growing demand for tablets including its popular Nexus 7 device.
May 06, 2013
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MediaTek Inc., Asia's largest chipset designer, said Monday its first quarter profit grew 51 percent from a year earlier, boosted by China's flourishing smartphone market.
May 06, 2013
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Bharti Airtel, India's biggest telecommunications company, reported Thursday that quarterly net profit fell by nearly half to 5.1 billion rupees ($94.7 million) on higher taxes and operating costs.
May 02, 2013
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Japan's NEC cast off two straight years of losses Friday, reporting it had returned to the black after a painful restructuring including layoffs and a business overhaul.
Apr 26, 2013
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French software group Dassault Systemes posted on Thursday a two percent annualised rise in its first-quarter net profit, confirmed its 2013 targets and announced the acquisition of two European firms for undisclosed amounts.
Apr 25, 2013
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Nintendo Co. returned to profit for the fiscal year ended March 31 as a lift from the weakening yen offset sales struggles caused by software delays for its latest home console Wii U.
Apr 24, 2013
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Shares of Wipro, India's third-largest software firm, slumped as much as 11 percent intraday Monday after it projected weak revenue growth last week owing to global uncertainty.
Apr 22, 2013
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South Korean panel giant LG Display Co. said Monday that it logged a small profit in the first three months of the year, reflecting slackening orders from its key client, Apple Inc., during a typically slow period for consumer ...
Apr 22, 2013
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The co-CEO of business software maker SAP says its push into cloud computing is starting to make money—and predicted it would reach profits that rival or exceed those of its traditional business.
Apr 19, 2013
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German software giant SAP said Friday it is standing by its forecast fpr double-digit increases in both sales and profits this year after a "solid" first quarter.
Apr 19, 2013
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India's third-largest software firm Wipro on Friday said net profit in January-March rose nearly 17 percent, beating forecasts, but projected weak revenue growth due to global uncertainty.
Apr 19, 2013
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