Nintendo chief rules out price cuts for Wii U

Nintendo's president Thursday ruled out price cuts for its new Wii U home console as a way to boost sales, vowing to become profitable again in its core businesses as smartphones and tablets increasingly threaten specialized ...

NEC swings to quarterly net profit

Japanese information technology firm NEC said Thursday it had swung to a net profit in the October-December quarter, thanks in part to improved sales in defence systems and mobile networks.

Ericsson posts Q4 loss, but sales up

Wireless equipment maker Ericsson posted a 6.46 billion kronor ($1.02 billion) loss in the fourth quarter due to a massive one-time charge, but said Thursday its sales rose 5 percent as mobile operators invested in broadband ...

US opens holiday sales with 30% Cyber Monday gain

US online shoppers clicked their way to a new record for "Cyber Monday," boosting sales by 30.3 percent for the traditional start for Internet holiday shopping, a survey showed Tuesday.

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