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Stories about: finances


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Elpida Overtakes its Likely Buyer on DRAM Market

You'd think a company that filed for bankruptcy and is about to be bought by another wouldn't have much to show in terms of product sales, but surprises never cease.In a paradoxical turn of events, Elpida managed to get the third spot in terms of DRAM market share during the first quarter of 2012.The compan...

26 May 2012
08:24 GMT

ASUS Denies Reducing Laptop Shipment Target

There were murmurs saying that ASUS wasn't as optimistic as it used to be about its laptop sales, but a new report has arisen, one that refutes the claim. Of course, since this report has a third party as the source, it is just as potentially erroneous as the one that implied ASUS' reduced optimism in the...

25 May 2012
04:27 GMT

Corsair Going Public But Not Right Away

Corsair is known for making memory and peripheral products, but it is not what experts call a “public” company. Alas, the hardware maker seems to have hit a point where it needs to make some cash fast. Thus, it is getting ready to go public. That is, it will soon put up for sale some of its shares, whic...

24 May 2012
15:31 GMT

HP Cuts 27,000 Jobs After $1.6 Billion Earnings

You would think that earnings of $1.6 Billion (1.27 billion Euro) would be a cause for joy, but that definitely doesn't apply to HP, whose reaction was to start enacting a restructuring plan. Although some may gawk at the notion, the $1.6 billion accumulated during the latest three-month period is a low number...

24 May 2012
04:59 GMT

Dell Profits Fall 33%, Investors Probably Not Happy

The financial evolutions of IT companies during the past quarter are proving to be somewhat baffling, as those set to suffer flourished and others took hits in their stead. After seeing that both Seagate and Western Digital do more than fine despite the so-called HDD crisis, Lenovo is turning out to be the only so-...

23 May 2012
17:01 GMT

Lenovo March 31 Quarter Shows Great Financial Gains

The fourth quarter of Lenovo's fiscal year 2012 ended on March 31 and the company has finally finished tallying its sales and purchases. Lenovo is famous for being the fastest-growing PC supplier worldwide, and the results published a short time ago definitely give credence to that reputation. Through strong ...

23 May 2012
15:11 GMT

Panasonic Hit with Record Loss of $9.7 Billion

Panasonic bet a lot on plasma TV sets, but the results of that go to show that you don't always win at gambling. The company now has to scramble to recover after a very hard 2011. Like so many other companies, Panasonic has reported its financial results for the year 2011. Unlike most though, it didn't ha...

14 May 2012
17:01 GMT

Acer Revenues Drop 20% in April

Acer was one of the, if not the only, notebook brand vendors to achieve shipment growth in the first quarter of the year (2012), but the second quarter isn't shaping up to be as promising. In fact, it is reported that, during April 2012 (last month), revenues fell by 20.42% on month and 11% on year. The sum of...

11 May 2012
09:10 GMT

NVIDIA Profits Down 47.9%

NVIDIA has just published the financial results for the first quarter of its latest Fiscal Year, which happens to be FY 2013. Anyone expecting record figures will be disappointed. Due to the slowdown following last year's winter holiday season, as well as the decrease in entry-level and even mainstream graphic...

11 May 2012
08:26 GMT

Kodak Seems to Be Making Some Financial Progress

People may or may not have heard about all the trouble Kodak has been dealing with. The company filed for bankruptcy and had to let go of its image sensor business. It even backed out of the camera market altogether, even though it used to be a legend. As if all that wasn't enough, the corporation ended up los...

27 April 2012
11:10 GMT

Acer Back Among Top 3 PC Makers Soon

Acer didn't go through very good times in 2010 and 2012, in no small part due to the collapse of the netbook market. Now, though, the IT company actually seems to be doing better. It even reported solid finances for the first quarter, as opposed to others that only had bleak tidings to give. The ultrabook ma...

27 April 2012
10:50 GMT

E Ink Actually Loses Money During Q1 2012

E Ink Holdings, like more or less every other company out there, has had to look at its financial evolution. Apparently, the company somehow suffered losses during the first quarter of the year (Q1 of 2012), after two years of constant profit. More precisely, it was the first quarter when finances went down after...

27 April 2012
09:30 GMT

Sharp Loses $1.4b / 1.05b Euro, Logitech Not Doing Hot Either

Even though some companies did better than expected the past year, most IT players, Sharp and Logitech among them, have to face harsh facts. In fact, Sharp and Logitech seem to be getting the short end of the stick, losing billions and making harsh management decisions. Sharp, for the financial year ending March 2...

27 April 2012
09:10 GMT

AMD First Quarter Finances Drop

Now that the first quarter of 2012 is over and done with, Advanced Micro Devices is taking its turn at saying what is what on a financial level. Apparently, the January-March period wasn't the most productive, with revenue going down all around, according to the company's press release. On the so-called ...

26 April 2012
04:30 GMT

Intel Doesn't Break Any Financial Records for Once

Since the first quarter of 2012 is over and done with, IT companies, like all other corporations, are publishing their financial results for the January-March period. For the past few quarters, Intel has somehow managed to score record revenues, or record profits, or record something. Now, though, the company can&...

19 April 2012
09:14 GMT

Notebook Shipments Will Drop 10-20% This Month (April, 2012)

It looks like the so-called “slow season” is upon the laptop market. Digitimes says that most companies charged with making laptops expect April to be a particularly slow month. As Intel's Ivy Bridge launch draws near, companies are scrambling to exhaust their Sandy Bridge laptop inventories. T...

17 April 2012
09:13 GMT

PC Shipments Grew to 89 Million in First Quarter of 2012

Even though the first quarter of every year is considered the “slow” season in terms of product sales, the PC market somehow managed to exceed forecasts. Originally, Gartner expected shipments of personal computers to decrease by 1.2% in Q1, 2012 compared to the same period of 2011. Now, though, prelim...

12 April 2012
15:41 GMT

Foxconn Becomes Primary Owner of Sharp Osaka Plant

It looks like Sharp really is doing badly nowadays, having decided to sell so much of its LCD production in Sakai, Osaka, that Foxconn will be the one with the greatest stake in it. It was last month that Sharp sold a stake of 46.5 percent to Foxconn. That left it with the same share, while 7 percent went to Sony...

10 April 2012
16:01 GMT

Sony Fires 10,000 People, Reduces Bonuses

We suppose it had to happen at some point, that Sony would hit a tight enough snag that it would have no other recourse but to cut its losses in an almost literal fashion. Sony has decided to drastically reduce its workforce, although at least it isn't forcing its burdens on just the little people. What we m...

9 April 2012
07:27 GMT

HDD Prices Might Go Down a Bit at the End of April (2012)

Hard disk drives continue to be too expensive compared to last year, but there is some hope that things will improve, even if only slightly, by the end of this month (April, 2012). Currently, 500 GB hard drive units sell for roughly $75 on average, or 56.23 Euro according to exchange rates. In other words, their ...

2 April 2012
04:23 GMT

Intel's 2011 Market Share Is Highest in over 10 Years

When looking at the state of the semiconductor market, iSuppli discovered something about 2011. Apparently, Intel's overall chip market share was of 15.6%, quite a bit over the 13.1% of 2010. In fact, it was the largest market share Intel has had during the last 10 years, which is really saying something. Nee...

27 March 2012
09:48 GMT

LCD Screen Prices Didn't Change This Month, Mostly (March 2012)

After reading about so many price drops or hikes, caused by one factor or another, we at least get to see one IT market segment where companies aren't tossing tags around like a pachinko ball. The market for liquid crystal display panels is experiencing a sort of tranquil period now, as the world prepares for ...

21 March 2012
10:55 GMT

Intel Invests in Eye-Tracking Tech Maker Tobii

Intel is best known for its CPUs, but it is no small secret that it also has a habit of investing in ventures and inventions it considers worthwhile, like Tobii's eye-tracking technology. Tobii is a 12-year-old Swedish company that, despite its age, hasn't exactly made many headlines so far because of its...

16 March 2012
11:19 GMT

Kingston's DRAM Shipments Grow 20% in 2011

After how closely we monitored the dramatic decline in the DRAM market, and all the problems it caused, you'd think all companies involved would have had a rough time, but that doesn't appear to be true for Kingston. According to a recent report from Digitimes, Kingston actually did well for itself on the...

16 March 2012
04:03 GMT

PC CPU Sales Rise 13.2% in 2011

International Data Corporation (IDC) looked at how the CPU market behaved during 2011. Its findings show that the level of central processing unit sales for the whole year went up 13.2% compared to 2010, leading to $41 billion (31.40 billion Euro). On the same note, sales in the fourth quarter (4Q11) grew 1.8% comp...

15 March 2012
11:24 GMT

NVIDIA's Finances Go Up in Fiscal Year 2012

NVIDIA's Fiscal Year 2012 has already passed somehow, having concluded on January 29, so the Santa Clara, California-based company has reported its financial results. Apparently, the past twelve months were very lucrative for the GPU maker, leading to a rise of 12.8 percent in revenue, from $3.54 billion to $4...

16 February 2012
03:22 GMT

Kodak Gets the $950 Million Bankruptcy Financing It Wanted

The first glimmer of hope in a long time has shown itself to Kodak in the form of an approval to borrow close to $1 billion in bankruptcy financing. Kodak filed for bankruptcy around this time last month (January, 2012), when it became obvious that it had not done a good enough job of keeping up with the changes on...

16 February 2012
02:50 GMT

Olympus Finances Take a Dive in 2011, $412 Million Loss

Olympus may be the target of Samsung, Sony, Fujifilm and Panasonic, but that doesn't mean it is doing that well for itself. In fact, the Japanese company has reported highly unfavorable financial results for the year 2011. Even with strong camera sales (up 7.2 percent on year), and the top BCN ranking for 20...

13 February 2012
10:41 GMT

Lenovo Posts Record Financial Results for Q3 FY 2011

Lenovo has again posted its financial results and, as has become easy to expect from this particular IT player, its evolution during the latest quarter was positive indeed. Lenovo wasn't much of a PC brand name a few years ago, but it soon became one of the fastest-growing IT companies in the world. This situ...

9 February 2012
02:48 GMT

Large-Size LCD Prices Stabilized in December, 2011

According to iSuppli, liquid crystal display panels do not appear to be as unfortunate as semiconductors, and definitely not in the same boat as NAND and DRAM products. Based on some recently published financial estimates from IHS iSuppli, LCD prices are not going down anymore, at least not as fast as a few months ...

7 February 2012
13:01 GMT

Even Touch Panel Makers Have It Hard

Going forward with the distressing news, even the touch panel market turned out to have enjoyed a less than favorable first month of 2012. Digitimes again plays the role of bearer of bad news, so to speak. Apparently, makers of touch panels saw their revenues drop on month by almost 20%. TPK Holding had it part...

7 February 2012
04:50 GMT

Motherboards Getting 10% More Expensive by the End of March

There seems to be a rather unfortunate trend going on in the IT field, that of steadily growing prices, and it is motherboards that are taking their turn at it. Motherboards are one of the two essential components of any computer (the other being the CPU), but they are about to give prospective buyers a reason to b...

3 February 2012
13:41 GMT

Ironically, HDD Shortage Boosted Seagate's Finances

In a darkly amusing turn of events, Seagate was found to have actually benefited from the hard disk drive shortage and subsequent price hike. It helped that the company didn't actually get hit directly by the Thailand floods, unlike Western Digital. Long story short, Seagate shipped 3.1% fewer drives, but saw ...

1 February 2012
10:45 GMT

Maker of Near-Indestructible Glass Panels Thrives in Q4, 2011

Gorilla Glass panels turned out to be a very lucrative venture for the company that invented them, enough so that Corning reported record annual sales for 2011. Like Western Digital and Advanced Micro Devices, Corning has published the financial results for the most recent quarter, as well as the whole year 2011. ...

25 January 2012
08:21 GMT

Western Digital Hit Hard, HDD Shipments Fall 42%

Today is shaping up to be the day when the consequences of the floods in Thailand (in the IT field) become obvious, as even Western Digital has been forced to report abysmal shipment results. Following in the footsteps of Advanced Micro Devices and NVIDIA, Western Digital has handed out some financial details of it...

25 January 2012
03:42 GMT

NVIDIA's Financial Expectations Go Down, HDDs to Blame

While Advanced Micro Devices has published its financial results for the past quarter, NVIDIA revised its expectations for the one that will end on January 29, 2012. That is to say, NVIDIA does not yet have financial numbers to hand out, but it can still paint a picture of what one may expect. Apparently, the San...

25 January 2012
03:07 GMT

AMD Releases Financial Results for 2011 and Q4

Advanced Micro Devices has finally completed all the calculations regarding its sales and expenses for 2011, so it released the results for everyone to see. It appears that AMD did reasonably well over the course of the fourth quarter, 2011, as well as the year as a whole. That isn't to say that it actually ...

25 January 2012
02:24 GMT

2016 Will See 178 Million Ultrabook Sales, Faster Growth Than Tablets

Since this is basically still the beginning of the new year, estimates in regards to sales and marketing evolution are coming out one after another, and ultrabooks haven't been overlooked. Juniper Research has just published what it expects to happen on the ultrabook market over the next half a decade, even dr...

24 January 2012
15:51 GMT

IBM Q4 2011 Net Profits Grow 4%

It appears that IBM had a good time in 2011, even though the economy is still struggling.For the fourth quarter, it scored a net income of $5.5 billion, 4% higher than the $5.3 billion of Q4 2010. That's 4.26 billion Euro compared to 4.10 billion.Meanwhile, for the whole year, IBM's net profit went up 7%, f...

20 January 2012
10:09 GMT

LED-Backlit TVs Finally Take the Lead in the US

After years of being the underdog, LED backlights have finally taken the leading position among the lighting technologies most used on the US TV market. LED backlighting is a technology that gets talked about very often nowadays, thanks to its low power draw and higher image quality compared to CCFL. Nevertheless,...

19 January 2012
09:45 GMT

Seagate Did Better in December than It Expected

It appears that Seagate has successfully secured the second spot in the worldwide HDD production rankings. The company finished the proceedings for the acquisition of Samsung's HDD division on December 19. Thus, its financial results for the second quarter of fiscal year 2012 (ended on December 30, 2011) incl...

5 January 2012
16:51 GMT

ASRock Expects Sales of 10 Million Motherboards in 2012

Since the year 2011 is ending, rumors, reports and announcements about what IT players expect from 2012 are trickling in and as part of quite the steady stream too. This time around, it is ASRock's probable fate that users can catch a glimpse of. The company itself set the shipment target for next year, or at...

23 December 2011
16:31 GMT

Tablet Sales Fail to Meet Expectations

Looks like tablet makers and analysts may have been a little bit too hopeful in regards to the tablet market, if sales figures compiled by IDC are any indication. For the third quarter of 2011, it was believed that sales of slates would be of 19.2 million. Now, though, IDC found that the mark was missed by a perce...

15 December 2011
09:00 GMT

Intel Will Make Less Money Because of More than the HDD Shortage

Intel may have claimed that the hard disk drive unit shortage is responsible for its recent revision of its financial expectations for the fourth quarter of 2011, but not everyone is convinced. Investment firm Nomura Equity Research actually believes there is much more to the lower financial expectations than meets...

15 December 2011
02:38 GMT

HDD Shortage Makes Intel Expect $1 Billion Less Money from Q4 2011

Looks like Intel is going to feel some aftereffects from how HDDs are going to sell less, because it just announced a downward adjustment of its Q4 2011 revenue forecast. Hard drives will be short because of the floods in Thailand, which affected many factories, so PCs will sell less and, thus, so will CPUs (central...

12 December 2011
10:59 GMT

Samsung Sells Two TVs per Second in November

Samsung is just about ready to reinforce its position as the greatest supplier of TVs, the same way it has done it since 2006. At least, this is what the sales level of November appears to suggest. The total is said to have reached 5.7 million, a fair bit above the 5 million of October, which were a record in the...

8 December 2011
10:16 GMT

Q4 2011 May Finally Be Profitable for Acer

If you haven't been keeping track, Acer has been going a bit downhill in terms of finances lately, for several consecutive quarters actually. It is this that kept pushing it lower on the worldwide top PC makers list (the one Lenovo is almost ready to lead). One reason was Acer's reliance on netbooks and...

5 December 2011
10:01 GMT

IBM and HP Lead Server Market, IDC Finds

In what probably won't surprise those versed in server industry knowledge, HP and IBM ended up taking the leading positions during the third quarter of 2011. After somehow getting the leading role on the tablet market, HP also ended up on top in the server field, more or less tied with IBM at 29.8% share (thei...

2 December 2011
12:31 GMT

Chip Market Surpasses $300 Billion by Year's End (222 Billion Euro)

One would think that, with all the troubles on the RAM market and everything else, there wouldn't be much to see when looking at the worldwide semiconductor industry, but that is not the case.In fact, from what the World Semiconductor Trade Statistics (WSTS) can tell, 2011 could mark an industry first.The global...

1 December 2011
21:21 GMT

HP May Lose to Lenovo Any Quarter Now

It was already known that Lenovo had secured the second spot on the worldwide PC market, overcoming Dell and going up and up until the difference in market share with the holder of the top spot was of under 5%. There is progress and there is fast progress, and then there is Lenovo, a company that earned the title o...

1 December 2011
10:31 GMT


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