LG Electronics Q2 operating earnings down 15.4%

    Seoul, LG Electronics Inc. said on Friday that its second-quarter (Q2) operating profits are expected to have dropped 15.4 per cent from a year earlier, mainly due to its sluggish smartphone business. In an earnings guidance, the South Korean electronics maker said it expects to post 652.2 billion won ($557 million) in operating profits in […]

    Parker Solar Probe Operating as Planned, NASA Says

    NASA’s historic mission to solve the mysteries of the Sun which was launched aboard a United Launch Alliance Delta IV Heavy rocket on August 12 is operating according to plan, mission controllers have said. As of 12pm EDT on August 16, the Parker Solar Probewas 4.6 million kms from Earth, travelling at 62,764 kms per hour, and heading […]

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    Sharp Shares Soar on Prospect of Full-Year Operating Profit

    Japan’s Sharp Corp on Wednesday said it expects significant improvement in annual profit due to restructuring and synergies with new owner Foxconn, sending shares in the display maker soaring more than 10 percent. The statement came after the Nikkei business daily reported that Sharp forecasts operating profit of about JPY 40 billion ($385 million) for […]

    LG Says Q1 Operating Profit Likely to Rise on Falling TV Panel Prices

    South Korean tech firm LG Electronics Inc said on Monday its first-quarter operating profit likely rose 66 percent from a year earlier, easily beating expectations and pointing to an earnings boost from healthy appliance sales and falling television panel prices. LG Electronics said in a regulatory filing it expects a January-March profit of KRW 505 […]

    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, […]

    AMD CEO Says Expects to Return to Operating Profit in H2 2016

    US semiconductor maker Advanced Micro Device Inc expects to return to operating profitability in the second half of this year, Chief Executive Lisa Su said Wednesday. “I expect our revenue to grow for the full year,” said Su, speaking on the sidelines of the Computex technology trade show in Taipei. In mid-April, AMD reported first-quarter […]

    Nest appears to be operating on a ‘smart crib’ loaded with sensors

    The hyper-linked home of the future will come with an similarly linked nursery. Nest, the business enterprise widely recognized for its WiFi enabled electricity-saving thermostat and clever smoke alarmdevice, has filed a patent for a child crib that could be “embedded with smart sensors”. In line with the patent software, Nest’s capability crib would dispose […]