SMARTPHONE

A Sony logo is pictured at an electronic shop in Tokyo

Sony Forecasts 4th Straight Loss, Cuts TV Sales

Sony Corp said it is headed for its fourth straight annual net loss, instead of a profit it forecast earlier, as Thai floods disrupted camera production, adding to losses from a soaring yen and price slides in its TVs and PCs in the United States and Europe.

Lenovo Q2 Profit up 88%, Beats Forecast

IBTimes Logo
Lenovo Group Ltd, the world's No.2 PC brand, posted a better-than-expected 88 percent rise in second-quarter profit, helped by acquisitions and an increase in sales in emerging markets such as China.
IBTimes Logo

Sony Slashes Forecast to Fourth Straight Loss

Sony Corp said it is now headed for its fourth straight annual net loss instead of a profit as Thai floods disrupt camera production on top of losses from a soaring yen and price slides in its TVs and PCs in the United States and Europe.
More news
IBTimes Logo

Smartphone maker HTC warns of weak Q4

HTC Corp warned its sales in the fourth quarter, traditionally a bumper sales season for smartphones, would drop below the previous quarter and analysts' forecasts as the Taiwanese firm struggles to compete against bigger rivals.
IBTimes Logo

HTC sees Q4 revenue and shipments lower qoq

Taiwanese smartphone maker HTC Corp said on Monday it sees slightly lower revenue and shipments in the fourth quarter than in the third, citing uncertainties from new models going to be launched by the company and competitors, as well as global economic invisibility.
IBTimes Logo

Toshiba ekes out Q2 profit growth, keeps forecast

Toshiba Corp, Japan's biggest chip maker, eked out a rise in quarterly operating profit on cost cuts in its PC and smartphone display businesses, and kept its earnings outlook unchanged above expectations.
IBTimes Logo

South Korea smart phone subscribers exceed 20 million

The number of smart phone subscribers in South Korea, one of the world's most wired countries, hit 20 million last week, as some 40 percent of the country's citizens signed up to use the mobile device, the state telecoms regulator said on Sunday.
Visitors try Sony Corp.'s head-mounted display personal 3D Viewer, HMZ-T1, and the digital binocular DEV-3 at CEATEC JAPAN 2011 electronics show in Chiba.

Sony Considers Pulling out of LCD JV with Samsung: Sources

Japan's Sony Corp., struggling with a loss-making television business, is considering dissolving its liquid-crystal-display joint venture with South Korea's Samsung Electronics in a bid to cut costs, sources familiar with the matter said Sunday.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.