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TECH 06 Jun 2018 | 5:05 AM

HP sees up to 5,000 job cuts as part of restructuring plan

HP Inc now expects 4,500 to 5,000 employees to leave the company by the end of fiscal 2019 as part of an ongoing restructuring plan, the PC maker said on June 5.

TECH 20 Jul 2017 | 11:09 AM

Lenovo's PC business to return to positive growth this year: CEO

Lenovo Group Ltd's personal computer business will return to positive growth in its fiscal 2017/18 year, after a drop in shipments last year.

Technology 02 Dec 2016 | 4:30 AM

Flipkart's fashion unit Myntra bets on artificial intelligence to drive growth

Fashion portal Myntra, part of India's top e-commerce group Flipkart, aims to use smart technology such as artificial intelligence to enhance consumer experience as it looks to drive growth and turn profitable in the next fiscal year.

Technology 29 Jul 2016 | 8:14 AM

Sony warns over falling sales, clings to profit

Sony on July 29 cut its sales forecast for the current fiscal year, citing the impact of a surging yen and slower smartphone sales, as net profit also took a hit.

Technology 04 Jul 2016 | 6:57 AM

Google pays its taxes, senior Europe executive insists

Google pays taxes in every country where it has a presence, the multinational tech giant’s Europe vice-president Carlo d’Asaro Biondo said as the company faces a raft of fiscal probes across the continent.

TECH 27 Apr 2016 | 8:30 PM

Nintendo NX console gets launch date, 'Zelda' delayed

On April 27, Nintendo published the company's annual fiscal earnings, in which the upcoming NX console was given a release date of March 2017 and "Zelda" was pushed back again.

Technology 09 Jun 2015 | 6:14 PM

Sony targets 20% growth in image sensor sales, aims for wide client base

Sony Corp expects its sensor sales to grow about 20% this fiscal year amid strong demand from Apple Inc, even as it aims to diversify its client base to prevent volatility, a senior executive said.

Technology 10 Apr 2013 | 12:00 AM

Panasonic exec says Europe consumer sales hold up

Panasonic's consumer electronics sales did not fall in Europe in the fiscal year just ended despite the fact that the business is struggling globally.