Canon’s third-quarter profit drops, cuts full-year outlook
Japan’s Canon Inc reported a 12.4 percent drop in third-quarter operating profit on Thursday, dented by lean demand for high-end …read more Source: Reuters Tech News
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BT names Worldpay’s Philip Jansen CEO
BT Group Plc named Philip Jansen as Chief Executive Officer on Thursday to replace Gavin Patterson after its chairman …read more Source: Reuters Tech News
Nokia kicks off new cost-cutting plan after profit drop
Telecom network equipment maker Nokia announced a new cost-cutting program on Thursday after reporting another drop in quarterly profits as …read more Source: Reuters Tech News
China’s Wingtech to acquire Dutch semiconductor firm Nexperia for $3.6 billion
China’s Wingtech Technology Co Ltd, the world’s largest smartphone contract manufacturer, plans to acquire control of Dutch semiconductor firm Nexperia …read more Source: Reuters Tech News
Tesla’s Musk says Model 3 to be available in Australia around mid 2019
Tesla Inc Chief Executive Officer Elon Musk said on Thursday the electric carmaker’s new Model 3 will be available in …read more Source: Reuters Tech News
Telecoms group Orange’s third-quarter core operating profit rises 3 percent
Orange, France’s number one telecoms operator, reported on Thursday a 3 percent increase in its third quarter core operating profit, …read more Source: Reuters Tech News
Nokia kicks off cost-cutting plan after third-quarter profit drops 27 percent year-on-year
Telecom network equipment maker Nokia on Thursday announced a new cost-cutting program after reporting quarterly profits down 27 percent from …read more Source: Reuters Tech News
SK Hynix warns of more chip price falls, capex cut as trade tensions bite
SK Hynix offered a downbeat outlook for semiconductors on Thursday, warning prices of flash memory chips will fall further until …read more Source: Reuters Tech News
Chinese EV startup WM Motor raising at least $288 million from Baidu, others: sources
Chinese electric vehicle (EV) startup WM Motor Technology Co Ltd aims to raise at least 2 billion yuan ($288.33 million) …read more Source: Reuters Tech News
Smartphones emerge as bright spot for Indian manufacturing
Smartphone-maker Lava is a small player in India’s booming mobile communications industry, but it has become a poster child for …read more Source: Reuters Tech News