SoftBank said Wednesday its nine-month net profit soared 58 percent thanks to strong iPhone sales, but third-quarter earnings suffered because of losses in its newly acquired Sprint Nextel unit.
Taiwan's struggling smartphone maker HTC on Monday forecast a first-quarter net loss of up to Tw$3.1 billion ($102.4 million) due to weak sales of new flagship products.
News Corp., the publishing company controlled by Rupert Murdoch, reported second-quarter earnings that exceeded Wall Street forecasts while revenue declined as expected, reflecting slower advertising sales.
Royal KPN NV, the Dutch telecom company partly owned by Mexican billionaire Carlos Slim, says it will cut at least 1,500 jobs—5 percent of staff—by 2016 as its fourth quarter sales fell and losses worsened.
Despite their typically small size and sparse distribution, farms that sell their products locally may boost economic growth in their communities in some regions of the U.S., according to a team of economists.
German semiconductors giant Infineon said Thursday it hopes to lift sales in the second quarter and is sticking to its full-year, despite a weak first quarter.
Global sales of tablet computers surged 50.6 percent last year, with Apple clinging to the top vendor spot amid strong gains by rivals, a survey showed Wednesday.
Profit at Nintendo Co. fell 30 percent in the first nine months of the fiscal year as sales of Wii U home consoles, 3DS devices and game software languished. Top executives announced they would take pay cuts.
Microsoft on Monday said that it bought the rights to "Gears of War" in a move that promises to keep the hit videogame franchise true to Xbox consoles.
A surge in shark attacks on Maui over the past year, including two fatal ones, hasn't stopped people from surfing and swimming in the warm ocean waters that surround the Hawaii island. But it has spurred sales of devices ...