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Sharp lifts annual profit outlook, to retire some preferred shares

Sharp Corp nudged its full-year profit outlook higher on Tuesday amid a turnaround under the ownership of Taiwanese contract manufacturer …read more Source: Reuters Tech News

U.S. restricts exports to Chinese semiconductor firm Fujian Jinhua

President Donald Trump’s administration took action on Monday to cut off a Chinese state-backed chipmaker from U.S. suppliers amid allegations …read more Source: Reuters Tech News

Sony predicts big jump to record annual profit on winning gaming strategy

Japan’s Sony Corp boosted its annual profit outlook by 30 percent to a record level after a strong second-quarter, propelled …read more Source: Reuters Tech News

Nintendo second-quarter profit rises 30 percent, misses estimates

Japan’s Nintendo Co Ltd reported a 30 percent rise in second-quarter operating profit on Tuesday, albeit missing analyst estimates, as …read more Source: Reuters Tech News

Wirecard reports 35 percent revenues increase in third quarter

German fintech company Wirecard reported a 35 pct jump in third-quarter revenues to 549.2 million euro ($624.50 million) on Tuesday, …read more Source: Reuters Tech News

Australia spy chief says 5G risks high, in nod to China firms’ exclusion

Australia must restrict foreign firms with government ties from its 5G mobile communications network because it is critical infrastructure, the …read more Source: Reuters Tech News

Sony hikes annual profit outlook to record after robust second-quarter profits

Sony Corp lifted its annual operating profit outlook by 30 percent to a record level after a strong second-quarter, bolstered …read more Source: Reuters Tech News

China’s finance ministry calls out Xiaomi over accounting errors

Chinese authorities on Tuesday said smartphone maker Xioami Corp made errors in its accounting, sending the company’s Hong Kong-listed shares …read more Source: Reuters Tech News

Intel says more women, African-Americans in workforce after diversity push

Intel Corp has increased the ratio of women and African-Americans in its workforce after three years of a high-profile effort …read more Source: Reuters Tech News

Uber goes to court to defend business model over UK worker rights

Uber heads to a British court on Tuesday to defend its business model of treating drivers as self-employed, entitling them …read more Source: Reuters Tech News