Tag: Technology Hardware

Sony on Wednesday reported a 31% fall in profit in the first fiscal quarter as its life insurance unit dragged on its bottom line, but the company raised full-year sales forecasts on the back of expected strength for its PlayStation gaming business.

– Apple on Thursday forecast that a sales slump would continue into the current quarter, sending shares down despite beating Wall Street sales and profit targets in the fiscal third quarter.

Shares of Juniper Networks Inc. JNPR, +0.07% dropped more than 6% in extended trading Thursday after the company reported quarterly results and warned it expects “continued weakness in bookings, particularly with our Cloud and, to a lesser extent, our Service Provider customers.” Juniper reported fiscal second-quarter net income of $24.4 million, or 7 cents a share, down from net income of $113.4 million, or 35 cents a share, in the year-ago quarter.

IBM reported second-quarter earnings Wednesday that topped analysts’ estimates as the company expanded its gross margin. Revenue missed consensus estimates.

It plans to become a global top 10 company in vehicle components by more than doubling revenue to 20 trillion won by 2030, while strengthening service platforms on its home appliance and TV businesses that generate recurring profits, such as media subscriptions and rentals.

US-sanctioned giant likely to produce 5G chips domestically
Chips expected to use Huawei EDA tools and SMIC production
Semiconductors could have relatively low yield rate of 50%

Apple on Tuesday launched an online store on Tencent’s WeChat messaging app in China.

Shares in one of Apple AAPL –0.78% ’s most important suppliers tumbled Wednesday after Foxconn Technology 2354 –1.83% , the world’s largest contract electronics manufacturer, revealed a plunge in revenue last month amid weakness in the smartphone segment.

Apple has been forced to make drastic cuts to production forecasts for the mixed-reality Vision Pro headset, unveiled last month after seven years in development and hailed as its most significant product launch since the iPhone.

OSAKA, Japan, July 3 (Reuters) – The battery arm of Japan’s Panasonic (6752.T) will need to build four more factories to reach its target for a sharp boost in annual capacity of batteries for electric vehicles by 2031, its technology chief told Reuters.

Την απόφαση να ρίξει το βάρος στο λιανικό εμπόριο τροφίμων με ενίσχυση της θέσης του στην Retail & More και να αποχωρήσει από τη διανομή συσκευών συσκευών και αξεσουάρ κινητής τηλεφωνίας ανακοίνωσε η AVE.

IBM is buying software company Apptio in a $4.6 billion all-cash deal. The company says the acquisition will advance IBM’s automation capabilities.

Japanese automaker Mazda Motor and the energy unit of Panasonic Holdings will start talks to set up a battery supply partnership for electric vehicles (EVs), the companies said on Wednesday.

A top European Union official has called on more EU countries to ban Chinese telecommunications firms Huawei and ZTE from their 5G networks, ramping up tensions with Beijing.

Oracle shares climbed as much as 5% in extended trading on Monday after the software vendor announced fiscal fourth-quarter results and quarterly revenue guidance that exceeded Wall Street’s expectations.

Τη στροφή στο λιανεμπόριο καταναλωτικών αγαθών μέσω των καταστημάτων Carrefour αλλά και στον ευρύτερο κλάδο των τροφίμων συνεχίζει ο όμιλος AVE, συμφερόντων Νίκου Θ. Βαρδινογιάννη αποχωρώντας παράλληλα από τον κλάδο της διανομής συσκευών και αξεσουάρ κινητής τηλεφωνίας.

Η Sunlight Group ανακοίνωσε την εξαγορά του 65% της πορτογαλικής Logbatind – Logística de Baterias Industriais, συνεργάτη της επί σειρά ετών στην Πορτογαλία, με αποτέλεσμα να εδραιωθεί περαιτέρω στην Ιβηρική χερσόνησο, όπου έχει ήδη παρουσία με τη θυγατρική της, Sunlight Baterías España.

Apple announced its mixed-reality headset, the Vision Pro, on Monday during its WWDC developer conference. The $3,499 headset is its first major new product since the Apple Watch in 2014.

Apple Inc. is widely expected to announce on Monday a new mixed-reality headgear at its annual Worldwide Developers Conference in California.

Dell posted unexpectedly strong earnings for its fiscal first quarter thanks to revenue that slightly exceeded expectations combined with some big cost reductions for components that were previously in short supply.