Archives
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NEWS 
April 1, 2016 Mitsui sees first loss since 1947 amid $2 billion writedown
Impairment charges on mining and energy projects from South America to Australia levied a heavy toll on the books of the Tokyo-based trading house. Photo: Reuters Tokyo: Mitsui & Co., Japan’s second biggest trading house, forecast its first net loss since it was founded in its modern form in 1947 due to impairment charges on […]
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COMPUTERS 
March 16, 2016 HP Enterprise Sees Boost From Hardware Business
Hewlett Packard Enterprise Co, which houses former Hewlett-Packard Co’s corporate hardware and services division, reported better-than-expected quarterly revenue and profit, helped by strength in its hardware business. Hewlett Packard Enterprise’s (HPE) shares were up 6.4 percent at $14.47 (roughly Rs. 970) in extended trading on Thursday. Revenue in HPE’s enterprise group business, from which it […]
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ELECTRONICS 
March 16, 2016 Sony Sees Average Selling Price of Smartphones Rise, Second Only to Apple: Report
According to a blog post by freelance journalist Charles Arthur that estimates global smartphone sales figures in Q4 last year, Sony has the highest average selling price (ASP) for its smartphones – only behind Apple. Average selling price for a smartphone manufacturer represents the average price at which it sells its current smartphone lineup. In […]
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NEWS 
March 9, 2016 Xiaomi Mi 5’s First Flash Sale Sees 4 Million Units Sold: Reports
Xiaomi’s Mi 5 is already a hit among users, it appears. The first flash sale of the flagship smartphone in China on Wednesday saw nearly 17 million users showing interest in the device, and reportedly 4 million units were sold. The response was so overwhelming that Xiaomi has reportedly asked Foxconnto ramp up the production […]
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ALL DEALS 
March 2, 2016 Flipkart sees 400% increase in sale of household items over weekend
The company launched home items last January and now claims to sell “a substantial part” of all home products sold online. Photo: Hemant Mishra/Mint Bengaluru: India’s largest e-commerce company Flipkart Ltd said it reported a 400% increase in daily unit sales of household items such as towels, bulbs and small appliances as well as furniture […]
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NEWS 
February 21, 2016 Japan Sees Drop in iPhone Shipments
Shipments to Japan of Apple Inc.’s iPhones dropped 10.6 percent in 2015 from a year earlier, marking the first drop in Japan since the ubiquitous smartphone went on sale in 2008, MM Research Institute said on Saturday. According to the research institute, shipments totalled 14.73 million units, with the notable slump attributable to sluggish sales […]
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