Tag: Technology Hardware

Hewlett Packard Enterprise 3Q Revenue, Earnings Higher

Hewlett Packard Enterprise reported higher revenue in the latest quarter, driven by strength in its High Performance Computing & Artificial Intelligence segment.

Intracom Properties: Με 87,729% στην Κλουκίνας – Λάππας μετά τη δημόσια πρόταση

Τα αποτελέσματα της υποχρεωτικής δημόσιας πρότασης για την απόκτηση του συνόλου των μετοχών της Κλουκίνας – Λάππας την οποία υπέβαλε στους μετόχους στις 9 Ιουνίου του 2023 με αντάλλαγμα 1 ευρώ ανά μετοχή τοις μετρητοίς, ανακοίνωσε η Intracom Properties. 

Jabil to Sell Manufacturing Business in China to BYD Subsidiary for $2.2 Billion

Jabil JBL –0.38% reached an agreement to sell its manufacturing business in China to BYD Electronic 285 0.00% , a subsidiary of Chinese electric-vehicle maker BYD 1211 +0.72% , in a deal valued at about $2.2 billion.

Austriacard Holdings: Στις 22/8 είναι η ημερομηνία προσδιορισμού δικαιούχων για την έκδοση των νέων μετοχών

Στις 22 Αυγούστου 2023 είναι η ημερομηνία προσδιορισμού δικαιούχων (“ημερομηνία Καταγραφής”) για την έκδοση των νέων (δωρεάν) μετοχών, όπως ανακοίνωσε σήμερα η Austriacard Holdings.

Cisco Stock Rallies on Rebounding Orders

Cisco Systems stock moved higher in late trading Wednesday after the networking giant showed signs of improvement in its product orders.

Super Micro’s stock drops nearly 10% as AI server maker’s outlook comes in light

Super Micro Computer Inc. shares fell in the extended session Tuesday after the server company with AI sales forecast a weak outlook considering an expected spending surge to support artificial-intelligence technology.

Sony raises forecast on PlayStation gaming growth but profit drops 31% in first quarter

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 sees sales slump continuing, shares drop 2% despite beating sales expectations

– 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.

Juniper Networks’ stock is down after it offers weak revenue forecast

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 reports earnings beat, but misses on revenue

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

LG Electronics targets $77 billion in sales by 2030, holds high hopes for vehicle components

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.

China’s Huawei poised to overcome US ban with return of 5G phones, research firms say

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 launches online store on China’s giant WeChat messaging app

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

Foxconn Stock Falls as iPhone Maker’s Sales Drop in June. What It Means for Apple.

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 forced to make major cuts to Vision Pro headset production plans

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.

Panasonic needs four more EV battery plants, executive says

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.

Φεύγει από την κινητή η AVE, ποντάρει στο λιανεμπόριο

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 Buys Software Firm Apptio for $4.6 Billion

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.

Mazda eyes EV battery supply partnership with Panasonic Energy

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.

Top EU official urges more countries to ban China’s Huawei, ZTE from 5G networks

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.