Samsung earnings hit by slowing China sales

Samsung Electronics Co. said operating profit declined to a two-year low in the second quarter, hit by the strong local currency and slowing demand for smartphones in China.

Fujitsu swings back into the black

Japan's Fujitsu said Wednesday it swung back into the black, posting an annual net profit after aggressive cost-cutting and stronger demand at home for its computer offerings.

Taiwan Semiconductor lifts Q1 guidance on upbeat outlook

Taiwan Semiconductor Manufacturing Co, the world's leading contract microchip maker, on Wednesday raised its first-quarter guidance buoyed by robust demand for sophisticated chips used in smartphones and tablets.

SK Hynix Q4 net profit hit by plant fire

South Korean chipmaker SK Hynix reported Tuesday a drop in net profit for the fourth quarter, due to a fall in production following a fire at its plant in China.

Samsung posts steep drop in Q4 operating profit

South Korea's Samsung said Friday operating profit tumbled almost a fifth in the fourth quarter, due to a one-off bonus and slowing sales of the electronic giant's high-end smartphones.

Microsoft-bound Nokia business sees sales slide (Update 3)

The Nokia handsets business that Microsoft is due to take over saw sales continue to slide in the fourth quarter as its Lumia smartphones failed to draw business away from larger competitors like Apple and Samsung.

Huawei rejects reports of security weakness

Chinese tech giant Huawei on Wednesday rejected suggestions its telecoms equipment is vulnerable to hacking and forecast a rise in 2013 profit of nearly 50 percent.

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