Google has reported a profit of $2.79 billion in the second quarter, up 11% over the same period of last year, in the company's first financial statement since it finalized its acquisition of Motorola Mobility in May. Motorola brought in ...
Tags: Google, financial statement, US, Motorola
Toshiba said Thursday it will reorganize its TV business in Japan, merging product designers with those for computers and tablets in attempt to create "fusion products" and simplify its product lines. The company said it will also move ...
Tags: Toshiba, TV business, product line, Japan
Renesas announced semiconductor sales revenues of$9.8bn for the year to the end of March 2012. Back in 2003,the first full year of Renesas'operations after the company was formed by merging the semiconductor operations of Hitachi and ...
Tags: Shrinking Renesas, Losses, semiconductor sales, revenues of 9.8bn dollars
For its fiscal second-quarter 2012(to end-March),Emcore Corp of Albuquerque,NM,USA,which makes components,subsystems and systems for the fiber-optic and solar power markets,has reported revenue of$37.8m.This is down 20%on$47.2m a year ago ...
Tags: Emcore, Photovoltaics business, Fiber Optics, Photovoltaics segment
Rubicon Technology,Inc.(NASDAQ:RBCN),a leading provider of sapphire substrates and products to the LED,RFIC,semiconductor,and optical industries,today reported financial results for its first quarter ended March 31,2012.The Company reported ...
Tags: LED, Rubicon, LED market
For its fiscal third-quarter 2012(to end-March),optical communications and laser component,module and subsystem maker Oclaro Inc of San Jose,CA,USA has reported revenue of$88.7m,up 2.5%on$86.5m last quarter(returning to growth after last ...
Tags: Oclaro, flood recovery, plant stoppage, Telecom Components
Checkpoint Systems Inc. reported financial results for the first quarter ended March 25, 2012. Selected analysis and discussion for the first quarter 2012: • Net revenues decreased 10.8%. This decrease was principally due to a ...
Tags: Checkpoint Systems, xSource, GAAP, CheckView
Underlying Sales Growth Remains Solid For the quarter,The Estée Lauder Companies reported net sales of$2.25 billion,a 4%increase compared with$2.17 billion reported in the prior-year quarter.Excluding the impact of foreign ...
Tags: Estee Lauder, net sales, foreign currency, net earnings
Swedish wood products giant Setra recorded a SKr27m operating loss for the first quarter. The result was an improvement from the SKr48m loss posted a year ago. Net sales were stable at SKr1.065bn (2011: SKr1.1bn). Setra president and CEO ...
Tags: market view, wood products
Ingram Micro reported an operating loss for its Australian division of around $10 million in the first quarter, although the result was an improvement on the previous year. In releasing its first quarter sales results, Ingram Micro said ...
Tags: Ingram Micro, losses, sales results, gross profit
ACCO Australia could substantially add to its product portfolio following the likely acquisition-cum-merger between ACCO and MeadWestvaco's consumer and office products division in the US. ACCO Australia is saying little about the Mead ...
Tags: ACCO, Mead deal, office products
Taiwan-based makers of sapphire wafers suffered operating losses in 2011 due to stagnant demand for LED epitaxial wafers and chips, but are likely to turn profitable in the second quarter of 2012 as global demand for LED chips used for ...
Tags: Market View, raw material
In its business year 2011, the Swedish forestry and timber group Södra was unable to match either the sales revenue or the operating result of the previous year. Owing to the comparatively slow pace of business since the second quarter ...
Tags: market view, timber
West Fraser’s fourth quarter saw $6.1 million in earnings, or $0.14 per share of sales. The figures are based off $650 million in 2011 and are after discontinued operations of $7.3 million or $1.47 per share on sales of $2, 762 ...
Tags: industry trends, lumber, price
Finnish sawmiller Vapo Timber has declared a €9.3m operating loss for 2011 (2010: € 7m profit). Vapo said its raw materials costs increased by 6% during the year, while the average selling price fell by 7%. Sawmill ...
Tags: market view, timber