Lenovo, following the second quarterly decline in sales in a row, and with profits falling for the first time since 2020, has had to start cost cutting due to the changing market and loss of demand.
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The worlds largest drone maker, DJI, will post a loss of $150 million for 2018 after internal corruption was discovered. The cases of corruption came to light during routine checks in 2018.
Capcom is shutting down one of its development studios in Vancouver, responsible for developing the Dead Rising series. The restructuring will cost the firm a massive sum of over $40 million.
Nintendo has just published its latest financial report and it's bad news for the popular company. It posted a loss as sales of its Wii U and 3DS consoles crashed as compared to last year.
HTC is continuing to struggle as its smartphone division fails to capture the market. A new report says the company's critically acclaimed flagship will only sell one million units this year.
Amid a massive financial scandal and poor sales, Japanese tech giant Toshiba has posted a record loss of $4.53 billion in 2015, and has promised to cut 5% of its workforce - around 6,800 workers.
Samsung is warning investors of a continued trend of decline in both profits and revenue for the first quarter of this year. However, the company looks set to fare better later this year.
Sony is struggling with its smartphone business thanks to stiff competition from Apple and Samsung, and plans to focus on its higher-end devices, while reducing its mid-range line-up.
According to its CFO, the Taiwanese smartphone manufacturer will see its sales and revenue decline during the third quarter of 2014. However, Mr. Chang believes in his company's upcoming products.
Samsung has forecasted a third consecutive operating profit loss, down 25% for the same period last year. It blames a slowdown in smartphone growth in Europe and China due to increased competition.
HTC is once again posting sad financial news in regards to its Q4 performance last year. However, the company is refocusing on the mid-range of the market and has an optimistic view for 2014.
BlackBerry's latest financial report paints another bleak picture for the company, with a massive slide in revenues and a quarterly loss of $4.4bn, and sales of just 1.1m BlackBerry 10 handsets.
Many of us have been here: You are driving down the road and you realize that you left your smartphone or laptop at the last place you were, or someone may have stolen it. What can you do?
In case you haven’t noticed yet, tablets are pretty popular these days. Even since Apple unleashed its iPad, the “post-PC” phenomenon has taken the world by storm. Manufacturers are producing tablets that not only complement the...
Apple's much hyped iPhone 4 went on sale in the UK, US and some European countries on Thursday, but some customers are reporting signal issues with the latest handset. Steve Jobs' first reply to the issue...
Sony is expected to report a $2.9 billion loss this year for the first time the company has reported an annual loss in over 14 years. The company predicted a $1.65 billion profit for...
Even with the recent merger of Sirius Satellite Radio, and XM Satellite Radio, into the newly named Sirius-XM Satellite Radio, the company reported a loss of almost $5 Billion in the third quarter. The company...
Over 90 per cent of UK firms are putting their customers at risk of identity fraud, according to the results of a study released today to mark National Identity Fraud Prevention Week. The event is...
Personal details of another 7,000 people in the UK may have gone missing after two more organisations admitted to a breach of data security. The largest of the latest incidents is at the Driver and...
Shares of struggling Palm Inc. fell more than 4 percent Monday after the Treo smart phone's maker said it swung to a small loss for its fiscal first quarter and forecast lower-than-expected results for the...
Word is out: Microsoft has lost its appeal of the European Commission's antitrust decision. So now what? There's no word yet if Microsoft will appeal again, which it has two months to decide whether or...
Holy Moly! I wonder if this also has to do with the recent acquisition of ATi.. Declining microprocessor sales as well as dropping average selling prices for its microprocessors have pushed AMD deeper into...
AMD reported its first loss since the first quarter of 2005, losing $574 million or $1.08 per share, during the fourth quarter. Most of AMD's loss can be attributed to the acquisition of ATI; AMD...
The global recall and replacement of millions of laptop batteries, and start-up costs for the PlayStation 3 console, pushed Sony's operations into the red for the July to September quarter, despite a jump in sales....
Intel has had a very bad year. Intel's profit of 33 cents per share dropped to a profit of 15 cents per share this year, a drop of 57%. We, in the Community of Neowin,...
A Louisiana man has sued Apple claiming that iPods can produce sounds of more than 115 decibels, a volume that can damage the hearing of a person exposed to the sound for more than 28...
Graphics card and chip maker ATI Technologies, Inc. has reported its fourth quarter and fiscal year 2005 results. The company reported revenues of US$470 million, and a net loss of $170 million — results in...
SCO has posted a loss of $2.4 million for the quarter that ended July 30th, largely in part to its failing SCO Source initiative and rising legal costs in its cases against IBM, Novell, and...
A recent study by financial analysts at Merrill Lynch Japan suggests that the PlayStation 3 may cost up to $490 dollars to manufacture, with the company predicting that Sony will launch at $399 and take...
ATI Technologies, the graphics chip supplier for next-gen consoles the Xbox 360 and Nintendo Revolution, has posted a loss for the third quarter running from March to May this year. Gross revenues...
ATI has just released its financial summary for Q3 and the results are quite a shocker from the same time last year. The Canadian based silicon-manufacturer has posted a net loss of $9.4 million compared...
Eidos posted a 2.9 million pound year-end net loss, hit hard by weak sales in the U.S. In particular, Hitman: Contracts fell short of internal sales targets, with no other titles to buoy the struggling...
Trend Micro, the world's third-largest antivirus software maker, said Friday that computer virus attacks cost global businesses an estimated $55 billion in damages in 2003, a sum that is expected to increase this year. ...
Sun Microsystems Inc on Thursday reported a net loss of $125 million for the second quarter of its 2004 fiscal year. The loss, which amounted to $0.04 per share, came on revenue of $2.89 billion...
Advanced Micro Devices on Thursday reported a third-quarter loss much smaller than expected, thanks to dramatic chip sales increases. AMD reported losses of $31 million, or 9 cents per share, on revenue of $954 million...
Handheld maker Palm on Tuesday reported better-than-expected fourth-quarter sales and a loss that was narrower than analysts had forecast. For the three months ended May 31, the Milpitas, Calif.-based company turned in a...
Things are not going too well in Microsoft's Home and Entertainment Division. Redmond, Washington-based Microsoft said that its Home and Entertainment division lost $190 million before taxes, write-offs and other charges in its...
Amazon claims its strategy of cutting costs and offering lower prices for its books, CDs and other stuff is beginning to pay off. Publishing its Q1 results for the first three months of the year...
Microsoft Corp. nearly doubled its losses from the Xbox video game console in the December quarter, according to a regulatory filing on Friday, as the unit that makes its Office software closed in on Windows...
Computer maker Sun Microsystems Inc. on Thursday reported its largest net loss ever, taking more than $2 billion in acquisition-related charges, but squeezed out a small operating profit thanks to stronger pricing and lower component...