Chinese manufacturing hits 18-month high
China’s manufacturing activity grew at its fastest pace in 18 months in October, the National Bureau of Statistics (NBS) said on Friday.
Sony shares plunge
Shares in Japanese electronics and entertainment giant Sony have plunged more than 10 percent after the company slashed its full-year profit outlook.
Sony posts quarterly loss
Japanese electronics and entertainment giant Sony has reported a 19.3 billion yen loss for the July-September quarter.
Samsung issues China apology
Samsung Electronics has said it “sincerely apologises” to Chinese consumers following a broadcast on Chinese Central Television (CCTV) claimed that several models of its phones – including Galaxy S3 and Note2 – were malfunctioning.
China Mobile quarterly profit falls on tougher competition
Quarterly profit at the world’s largest phone company, China Mobile, has fallen due to tougher competition, the company has announced.
Panasonic to exit plasma TV business
Japan’s leading Nikkei business daily has reported that electronics giant Panasonic will stop making plasma television screens by early next year as part of a huge corporate overhaul.
Samsung Electronics forecasts record profits for Q3
South Korean electronics giant Samsung Electronics, which is the world’s biggest mobile phone and TV maker, has forecast record profits for the July to September quarter.
Japan Display Denies Planned IPO
The world’s biggest maker of LCD screens for smartphones and tablet computers, Japan Display Inc., has denied media reports that it plans to raise $2 billion in an initial public offering (IPO).
China Telecom first-half profit up 15%
Profits at Chinese state-owned telecommunications company China Telecom rose 15.9 percent year-on-year in the first six months of the year, the company has announced.
Sony profits rise
Sony has reported a rise in profits for the April-to-June quarter thanks to what it called “the favourable impact of foreign exchange rates”.
