Electronics
Confusion over Fujitsu boss’s departure
There is confusion today around the real reasons why Fujitsu’s former President Kuniaki Nozoe stood down in September
Nokia announces job cuts
Mobile phone maker Nokia has said it will cut up to 285 jobs in its Salo plant
Panasonic cost-cutting pays off
Panasonic has reported a quarterly profit following heavy cost-cutting
Hitachi returns to profit in Q3
Hitachi, Japan's biggest electronics maker, has reported a surprise quarterly net profit after it cut costs, and raised its forecast
Siemens to invest $346m in India
Company targets Indian renewable energy; will build turbines
Memory chip rebound helps Toshiba
Toshiba has said its net loss for the final three months of last year was smaller than expected due to a recovery in its electronic components business
Ericsson reports fall in quarterly profits
Ericsson reports a 92 percent fall in quarterly profits
Philips reports fourth quarter results
Global electronics giant Philips has reported a fourth quarter net profit of 251 million euros
Sony Ericsson reports fourth quarter loss
Sony Ericsson has said it expects “slight” growth in the overall handset market as it reported a 167 million euro fourth quarter loss
Intel’s fourth quarter profits soar
Strong quarterly results at Intel show that the chip maker is shrugging off the worst effects of the recession
Internet rumour: Apple to manufacture 10 million Tablet PCs
The former head of Google’s China operations, Kai-Fu Lee, makes claim in blog; speculation that Tablet will debut soon
LG Electronics enters solar market
LG Electronics has entered into an increasingly crowded solar market by announcing it will commence production of solar cells and modules
Vishay Intertechnology raises Q4 revenues
Vishay Intertechnology Inc has raised its fourth quarter outlook and now expects revenues in the range of $580 million to $600 million
Fujitsu UK workers begin strike action
Workers at electronics firm Fujitsu will stage the first of a series of one day strikes today
Intel accused of blocking rivals
The world's biggest chipmaker is being sued by U.S. authorities, accused of anti-competitive measures
Nexans wins London Array cable contract
Nexans is to manufacture 34-mile long cables for the London Array offshore wind farm project after winning the 100 million euro contract
Ericsson strengthens global position with completion of Nortel acquisition in North America
Ericsson, the world leading supplier of mobile phones and data, has completed its acquisition of Nortel's CDMA business and LTE assets in North America. With this acquisition, Ericsson enhances its leading global position and will further its quest to bring high-speed data connectivity to people on the move
Bi-partisan legislation to create solar manufacturing jobs
Senator Debbie Stabenow (D-MI) and Congressman Dave Camp (R-MI) have announced the Solar Manufacturing Jobs Creation Act.
New SMIC CEO causes record rise in shares
Shares in Semiconductor Manufacturing International Corp rocketed today following the replacement of Founder, Richard Chang, as company CEO.
Nokia initiates charger exchange program
Phone maker Nokia offers customers “free replacements” for certain chargers manufactured by third party supplier
Vestas reports big jump in profit
Wind turbine maker Vestas has reported a big jump in quarterly profits after increasing deliveries of turbines
Ericsson reports Q3 results
Stockholm-based Ericsson has today released its third quarter results revealing profit for July-to-September period fell 71.5 percent on last year.
Mobile phone manufacturer Sony Ericsson makes another loss
Sony Ericsson has reported a smaller-than-expected three month loss
General Electric profits slump
General Electric, one of the world’s largest manufacturers, announces disappointing third quarter results
Philips reports Q3 results
Dutch electronics giant Philips has today announced its third quarter results.
Chinese manufacturing expands, PMI shows
The HSBC China Manufacturing PMI Survey shows China’s manufacturing rose for a sixth month on growth of new business
Manufacturing a priority says Brown
Gordon Brown promises a new industrial policy with manufacturing at its heart.
Fujitsu IT unit to cut 1,200 UK jobs
Electronics giant, Fujitsu, has announced its plans to cut up to 10 percent of its UK workforce in its IT services unit this year.
Lenovo makes third straight loss amid weak demand
Lenovo, the world's fourth largest personal computer maker, has reported a $16 million quarterly loss and said it faces pressure from weak global demand and intense competition.
Panasonic slips to Q1 loss, outlook unchanged
Japan's Panasonic Corp reported a smaller-than-expected quarterly loss and sharply lifted its half-year outlook as it cuts costs to cope with a firmer yen and weak TV sales, but stuck to its outlook for a second annual net loss.
Canon profit tumbles, nudges forecast higher
Japan's Canon Inc posted a 72 percent fall in quarterly profit, hit by sluggish demand for office copiers, but nudged its full-year forecast higher on a firmer than expected yen and more aggressive cost cuts.
Texas Instruments posts lower profit
Texas Instruments on Monday posted a drop in quarterly profits as chip demand fell along with sales of cellphones and other electronics due to the weak economy, but it said sales would improve this quarter.
LG Display swings to Q2 profit
South Korea's LG Display returned to a quarterly profit after two straight losing quarters, spurred by robust demand for flat-screen TVs that is expected to power the industry through most of the year.
Philips may unveil more cost cuts
Philips Electronics is expected to post a loss when it reports quarterly earnings, but the biggest question hanging over the company is whether deeper restructuring measures are needed.
Outsoucery to revolutionise how UK SMEs use technology
Small and medium-sized businesses across the UK will have the opportunity to slash costly IT budgets and obtain access to state-of-the-art solutions that were previously the “preserve of big business”.
Philips CEO says firm may take more measures to stay healthy
Dutch Philips Electronics may have to take additional measures in the next months to keep the company healthy, its chief executive told workers in an internal magazine.
TSI warns against buying ‘knock-offs’
The Trading Standards Institute (TSI) has warned against the temptation of buying counterfeit goods during the recession.
BlackBerry maker warns on security vulnerability
BlackBerry maker Research in Motion Ltd has issued a security patch for the popular device, whose users include U.S. President Barack Obama, warning that it is vulnerable to attacks by hackers.
Dell's profits slump 63%
Personal PC maker Dell has seen its latest quarterly profits fall 63 percent as the worldwide recession continues to hit sales of computers.
HP says aims to cut 5,700 EMEA jobs
Hewlett-Packard said on Thursday it plans to cut 5,700 jobs in its Europe, Middle East and Africa region (EMEA) over the next two years.
Oracle committed to Sun's hardware business
Oracle Corp Chief Executive Larry Ellison said he won't sell off Sun Microsystems Inc's hardware business, dispelling speculation that he only wanted the company for its software units.
Nokia to hone services focus, cut jobs
Nokia Oyj will cut up to 360 jobs at Internet services unit as it combines offerings into its new Ovi Store, the world's top cell phone maker said on Tuesday.
IBM, Brocade boost ties as Cisco rivalry heats up
Network equipment maker Brocade Communications Systems Inc is bolstering its partnership with IBM, in a sign it may be gaining market share from industry leader Cisco Systems Inc.
Whirlpool first-quarter profit falls
Whirlpool Corp reported a surprise quarterly profit on Monday as cost-cutting efforts helped the world's biggest appliance maker weather a slump in global sales, and its shares rose as much as 17 percent.
Honeywell profit drops, cuts 2009 forecast
Diversified U.S. manufacturer Honeywell International Inc reported a 38 percent drop in profit and cut its full-year earnings forecast to more closely match analysts' expectations, citing the weak economy.
Samsung profit beats forecasts, down 72 percent
Samsung Electronics held off calling a recovery in its memory chip and flat panel businesses, though its mobile phone margins have overtaken those of market leader Nokia.
TomTom reports loss
SatNav firm TomTom has announced a net loss for the first three months of 2009 of 37 million euros.
Oracle to buy Sun
Business software manufacturer Oracle has said it is to acquire computer hardware and software maker Sun Microsystems for $7.4 billion.
General Electric posts 35% drop in quarterly profit
US conglomerate General Electric has reported a 35 percent fall in quarterly profit.
Spire celebrates NASDAQ milestone
Global solar company Spire Corporation is today celebrating 25 years of being publically traded on The NASDAQ Stock Market.
Toshiba forecasts 350bn yen loss
Toshiba, the Japanese electronics giant, says it expects to make a 350 billion yen loss for the last financial year.
Sony Ericsson to cut 2,000 jobs
Mobile phone maker Sony Ericsson has begun a worldwide reorganisation and headcount reduction that will see around 2,000 of its jobs cut over the next 12 months.
Nokia profits take a dive
The world's largest mobile phone maker has reported a 90 percent fall in profits for the first quarter of 2009.
Intel results beat expectations but shares fall
Chip maker Intel Corp posts quarterly results but fails to provide an earnings forecast, citing economic uncertainty.
Whirlpool announces changes in its China manufacturing operations
Whirlpool Corporation to close washing machine manufacturing facility in Shanghai, eliminating 600 positions.
Mobile handset innovation not impacted by recession
Mobile phone handset manufacturers are aiming to design their way out of recession, according to ABI Research.
Fujitsu commits to servers despite potential Sun deal
Fujitsu Ltd reaffirmed the company's commitment to its high-end computer server franchise, even though its partner in that business faces an uncertain future.
Electronics manufacturer CTP wins manufacturing contract
CT Production (CTP) has been awarded an annual contract to manufacture an industrial signal amplifier used for furnace monitoring, beating off strong competition from the U.S.
IBM not bidding for Satyam: source
Satyam Computer Services Ltd's search for a buyer suffered a setback on Thursday, as a source said IBM is not in the bidding, while India's Spice Group remains undecided about its participation.
Nokia stops using phone subcontractors
A spokeswoman tells Reuters that Nokia has stopped using phone subcontractors.
Sony Ericsson warning stuns ailing mobile sector
Sony Ericsson sparked fresh fear of crumbling consumer demand on Friday when the world's No 4 handset maker said it would sell barely half of the phones it sold last quarter.
Samsung Elec, LG Display expect difficult year
Samsung Electronics and LG Display , two of South Korea's top technology companies, are bracing for a very difficult year and remain cautious on any near-term recovery in the battered sector.
National Semiconductor to cut 1,725 jobs
The number of job losses represents about 26 percent of the mobile-phone chip maker's workforce.
Nortel cuts another 3,200 jobs
Ailing telecom equipment maker Nortel Networks Corp made good on its plans to slash more jobs on Wednesday, cutting another 3,200 workers worldwide as it continues its fight to survive under the cover of bankruptcy protection.
Nokia and Qualcomm in cooperation pact
Top cell phone maker Nokia said on Tuesday it would work with Qualcomm to develop handsets in a deal that marks a further warming of ties between the former rivals and could boost Nokia in the U.S.
RIM down after giving subscriber outlook
Research In Motion said its fourth-quarter earnings and gross margin would be at the low end of its previous forecast range, even as subscriber additions topped expectations, sending shares down 8 percent.
Nokia cuts production, jobs in Finland
Cellphone maker Nokia said on Wednesday it would cut production at its key Salo plant in Finland as demand for handsets has dropped.
Intel to invest $7 billion in manufacturing facilities
Intel Corp plans to invest $7 billion over the next two years to build advanced manufacturing facilities in the United States that make faster, smaller chips that consume less energy.
Whirlpool shares tumble on profit fall
Whirlpool Corp reported a 76 percent drop in quarterly profit as sales crumbled worldwide, and the world's biggest appliance maker said earnings would fall further in 2009, sending its shares down more than 9 percent.
LG Elec to cut $2.2 billion costs as recession bites
South Korea's LG Electronics Inc is aiming to cut $2.2 billion in costs and expects about a 20 percent decline in sales in dollar terms this year amid the spreading global recession, its chief executive said on Monday.
LG Elec to cut $2.2 billion costs
South Korea's LG Electronics Inc is aiming to cut $2.2 billion in costs and expects about a 20 percent decline in sales in dollar terms this year amid the spreading global recession, its chief executive said on Monday.
Nortel seeks to extend creditor protection to May 1
Struggling telecom equipment maker Nortel Networks Corp is seeking to extend its bankruptcy protection to keep creditors at bay as it continues to try to restructure its business.
Corel posts lower profit, provides no outlook
Software maker Corel Corp said fourth-quarter profit fell more than 60 percent, and it would not provide either a quarterly or full-year outlook.
Sharp Q3 in red, sees first ever annual loss
Japan's Sharp Corp swung to a quarterly loss, battered by steep price falls of flat panel TVs and a firmer yen, and the electronics maker warned it would post its first ever annual operating loss.
Cisco sales fall as recession hits tech spending
Cisco Systems Inc Chief Executive John Chambers forecast revenue will drop far more sharply in the current quarter than Wall Street expected, and said the network equipment maker is cutting up to 2,000 jobs.
Nortel suspends plans to sell Metro Ethernet unit
Ailing telecom equipment maker Nortel Networks Corp has suspended its plans to sell its Metro Ethernet Networks (MEN) unit as it begins its restructuring under bankruptcy protection.
Panasonic cuts outlook
Japan's Panasonic, the world's No.1 plasma TV maker, warned it would post an annual loss of $4.2 billion (2.9 billion pounds) and said it would cut 15,000 jobs as it grapples with a stronger yen and slowing demand.
Applied Materials warns of loss
Applied Materials Inc warned it would post a quarterly loss due to charges for restructuring, inventory and accounts receivable, as demand fell for semiconductor and display products.
Panasonic to post $3.9 billion annual net loss: Yomiuri
Japan's Panasonic Corp is set to book a $3.9 billion annual net loss, a source with knowledge of the matter said on Monday, as the electronics maker suffers slumping demand and growing costs for plant closures and other streamlining steps.
Rockwell Automation slashes 2009 profit forecast
Diversified U.S. manufacturer Rockwell Automation Inc reported a 24.4 percent drop in quarterly profit and slashed its full-year forecast as the global recession causes companies to cut capital spending, and its shares fell 15.5 percent in light premarket trading.
Samsung Electronics posts first ever loss on chips, LCD
Samsung Electronics posted its first ever quarterly loss as its memory chip and display units buckled under the weight of diving prices, and the technology giant faces even more pain as global recession saps demand.
Aveva says results to meet own expectations
Engineering software maker Aveva Group said its full-year results will match its own expectations, helped by a strong performance in central, eastern and southern Europe.
DIGITAL MAGAZINE
-
Free Subscription
-
Read Digital Magazine
-
View Publications
OTHER FEATURES
Automotive
Aerospace, Defense & Marine
Metals & Machinery
Paper, Print & Packaging
Furniture, Wood & Glass
Chemicals & Pharmaceuticals
Electronics
-
Free Subscription
-
Read Now
-
View Publications
-
Back Issues
Associations
and Events
The Geneva International Motor Show
The 80th edition of the Geneva International Motor Show, which runs from March 4-14, 2010, will focus on what....
Engineered Woods Products Association of Australasia: Ready to jump Down Under
Ready to jump Down Under
Singapore Airshow
The Singapore Airshow, held at the Changi Exhibition Centre from 2-7 February 2010, is the largest aerospace....
Midlands Carbon Reduction Commitment Conference 2010
The 2010 Midlands Carbon Reduction Commitment Conference will focus on the hows, the whys and the wherefores....
The 2010 North American International Auto Show
The 2010 North American International Auto Show (NAIAS) is one of the automotive world's most eagerly....
-
Free Subscription
-
Read Now
-
View Publications
-
Back Issues
News and Information for Manufacturing Executives
Exec Digital UK
Exec Digital USA
Exec Digital CA
Home
Manufacturing News
Market Sectors
Automotive
Aerospace, Defense & Marine
Metals & Machinery
Paper, Print & Packaging
Furniture, Wood & Glass
Chemicals & Pharmaceuticals
Electronics
Blog
Corporate Profiles
Corporate Profiles
Back Issues
Newsletters
Other Industries
Construction
Energy
Manufacturing
Supply Chain
Healthcare
Stock Market
Retail
Technology
Food & Drink