Head of Taiwan microchip giant TSMC set to retire

The man who founded Taiwan Semiconductor Manufacturing (TSMC) and made it the world's biggest microchip producer in terms of contracts announced Monday he would retire next year.

Sony net profit soars in April-June quarter

Japanese electronics and entertainment giant Sony said Tuesday its net profit nearly quadrupled in the three months to June, backed by brisk sales of smartphone components and cameras and solid revenue from its game business.

Samsung facing growing threats despite record profits

Sprawling South Korean conglomerate Samsung Electronics has recovered from a humiliating recall fiasco and the arrest of its de facto leader with remarkable speed, analysts said, after the tech giant stunned investors with ...

Sony's profit falls on yen, lagging cellphones, Japan quake

Sony Corp.'s fiscal first-quarter profit dipped 74 percent to 21.2 billion yen ($205 million), as earnings got hammered by a strong yen and lagging smartphone sales, and a quake that struck southwestern Japan caused damage ...

Chip growth leads Samsung to another record profit

Samsung Electronics Co. reported another record quarterly profit as a revival in its semiconductor business and strong shipments of cheaper handsets offset flat sales of high-end smartphones.

Taiwan tech industry faces up to Samsung

Taiwanese companies have long viewed tech giant Samsung as a major threat and the battle has recently appeared to tilt in favor of the South Korean rival as Taiwan's smartphone, memory chip and display panel makers suffered ...

Samsung's operating profit up 53 percent in 1Q

Samsung Electronics Co. said its operating profit last quarter rose 53 percent over a year earlier, outpacing expectations for what's normally a slow time for consumer electronics sales.

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