SK Hynix Q1 net profit up 61 percent on-year

South Korean chipmaker SK Hynix saw its net profit shoot up 61 percent on-year in the first quarter on strong demand for chips for new mobile devices, the company said Thursday.

Nokia turns to fourth quarter profit buoyed by strong growth

Nokia made a net profit of 443 million euros ($502 million) in the fourth quarter and sales grew nearly 10 percent, but its share price fell Thursday as the results were offset by a poor performance in some regions, higher ...

Johnson & Johnson tops 4Q earnings expectations

The strong dollar and stiff competition for some products squeezed Johnson & Johnson in the fourth quarter and it missed Wall Street expectations for revenue, triggering a rare sell-off of its shares.

Sk Hynix logs all-time high Q3 earnings

SK Hynix, the world's second-largest memory chip maker, reported Thursday a record high quarterly net profit for the three months to September on strong sales and currency earnings.

Sony forecasts $2B loss as smartphones lag (Update)

Sony expects its annual loss to swell to $2 billion and has canceled dividends for the first time in more than half a century after writing down the value of its troubled smartphone business.

Fujitsu swings back into the black

Japan's Fujitsu said Wednesday it swung back into the black, posting an annual net profit after aggressive cost-cutting and stronger demand at home for its computer offerings.

News Corp fiscal 2Q earns top expectations

News Corp., the publishing company controlled by Rupert Murdoch, reported second-quarter earnings that exceeded Wall Street forecasts while revenue declined as expected, reflecting slower advertising sales.

Infineon hopes to lift sales in Q2 after weak Q1

German semiconductors giant Infineon said Thursday it hopes to lift sales in the second quarter and is sticking to its full-year, despite a weak first quarter.

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