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TECH 16 Jul 2018 | 7:59 AM

Facebook hires a head of chip development from Google

Facebook Inc has sent another signal that it’s serious about building its own semiconductors, joining Apple Inc, Alphabet Inc’s Google, and Amazon.com Inc in trying to make its own custom chips.

Analyst Reports 16 Mar 2018 | 12:35 AM

KESM remains nicely positioned, says Affin Hwang

KUALA LUMPUR: Affin Hwang Capital Research reaffirmed its buy call on KESM Industries Bhd with a target price of RM21.80 based on 17x CY18E earnings per share.

World 04 Jun 2017 | 2:03 PM

South Korea says extra budget aimed at job creation, not economic stimulus

SEOUL (Reuters) - An extra budget to be announced by South Korea on Monday is intended to create more jobs, not to boost economic growth, the president's secretary for policy said on Sunday.

Corporate News 11 Apr 2017 | 2:37 AM

Toshiba aims to file results Tuesday, even if auditors don't sign off

TOKYO: Toshiba Corp aims to file its twice-delayed business results on Tuesday, even if auditors don't fully sign off on the numbers, two people familiar with the matter said, as the Japanese conglomerate seeks to avoid a potential delisting.

Corporate News 20 Sep 2016 | 10:40 AM

KESM’s net profit jumps 46% in FY16

KUALA LUMPUR: KESM Industries Bhd’s fourth-quarter (Q4) net profit dipped 23% from a year earlier, but the company nonetheless closed its financial year ended July 31, 2016, commendably with a 46% annual improvement in net profit to RM30.68mil.

TECH 18 Apr 2016 | 10:03 AM

Japan quakes disrupt Sony production of image sensors used in Apple iPhones

Electronics giant Sony Corp said a factory producing image sensors for smartphone makers will remain closed while it assesses the damage from two deadly earthquakes which hit southern Japan.

World 16 Apr 2016 | 4:33 PM

Second deadly quake prolongs production halts in Japan's southern manufacturing hub

TOKYO (Reuters) - Electronics giant Sony Corp said a factory producing image sensors for smartphone makers will remain closed while it assesses the damage from two deadly earthquakes which hit southern Japan. One of its major customers is Apple, which uses the sensors in its iPhones.

Business 04 Feb 2016 | 12:00 AM

Panasonic, Hitachi cut profit outlook on China slowdown

TOKYO: Japan’s electronics maker Panasonic Corp and industrial conglomerate Hitachi Ltd have cut their full-year profit forecasts, citing concerns over slowing economic growth in China.

Business 14 Dec 2015 | 12:00 AM

US stocks seen rising next year

NEW YORK: US stocks will rise about 10% next year from last Friday’s close, led by gains in banks and technology companies as the market recovers from its August rout, Wall Street strategists told Barron’s.

Business 16 Nov 2015 | 12:00 AM

Boost from sensors

GEORGE TOWN: Globetronics Technology Bhd, which is one of the beneficiaries of the rise in “smart products” is looking to finish the year with a new record backed by its involvement in several projects to produce smart sensors that kicked off five months ago.