• ELECTRONICS
    Government Invites Merchant Bankers For Hudco Stake Sale

    New Delhi: Government has invited applications from merchant bankers to assist in carrying out the proposed disinvestment of Housing and Urban Development Corporation (Hudco). “The government of India is considering to divest 10 per cent paid-up equity capital of Hudco out of its shareholding of 100 per cent in the domestic market through initial public […]

  • ELECTRONICS
    LG Electronics Says Q2 Operating Profit Likely At Two-Year High

    LG Electronics Inc said in a regulatory filing that April-June profit was likely $504 million. Seoul: South Korea’s LG Electronics Inc said on Friday its second-quarter operating profit likely reached a two-year high, with analysts pointing to strong contributions from its mainstay home appliances and television set businesses. The world’s second-biggest TV maker by market share, […]

  • ELECTRONICS
    Samsung Tips Best Profit In More Than 2 Years For Second Quarter

    Seoul: Tech giant Samsung Electronics Co Ltd said on Thursday its second-quarter operating profit likely rose 17.4 percent from a year earlier, its highest in more than 2 years as Galaxy S7 smartphone sales propelled mobile earnings. The world’s top maker of smartphones and memory chips said in a regulatory filing its April-June profit was […]

  • ELECTRONICS
    Centum Electronics Completes 51% Stake Buy In France’s Adetel Group

    New Delhi: Centum Electronics on Wednesday said it has completed acquisition of controlling stake in France’s Adetel group. “The company has completed the activities with respect to acquisition of the French Adetel Group SA,” Centum Electronics said in a BSE filing. Last month, Centum Electronics announced acquisition of controlling stake in France’s Adetel group. “Centum […]

  • ELECTRONICS
    Samsung Electronics Set For Best Quarter In Over 2 Years

    Tech giant Samsung Electronics Co Ltd is poised to issue guidance for its best quarterly profit in more than two years. Seoul: Tech giant Samsung Electronics Co Ltd is poised to issue guidance for its best quarterly profit in more than two years, propelled by a surge in mobile earnings on the back of robust […]

  • ELECTRONICS
    Chipmaker Micron to Cut Jobs After Turnaround Plans Dashed

    Memory-chip maker Micron Technology Inc said it would lower costs, including by cutting jobs and focusing on fewer programs, after its hopes of reversing its fortunes this year were thwarted by a persistently challenging market. Demand for Micron’s DRAM chips for personal computers has continued to fall, while it faces stiff competition from rivals such […]

  • ELECTRONICS
    Hardware as a Service: HP Gets Ready to Lease Computers to Businesses

    HIGHLIGHTS HP to offer hardware products on lease as PC demand weakens Will monitor its device’s health and offer replacements accordingly Promises to ensure that all data is wiped-off post device’s use HP Inc., the second largest PC-maker in the world after Lenovo, on Thursday said that it will start offering computers and other hardware […]

  • ELECTRONICS
    Xbox Play Anwhere Restricted to E3 2016 Xbox One Games Only

    HIGHLIGHTS Every game in development at Microsoft will work on PC and Xbox One. This is due to the company’s Xbox Play Anywhere program. This includes Xbox mainstays like Halo. Microsoft has confirmed that any game developed by its own studios going forward will work with itsXbox Play Anywhere program. “Every new title published from […]