Consumer Electronics

Development Bank of Japan to invest in joint venture between Fujitsu and Panasonic

Fujitsu Ltd and Panasonic Corp:Say Development Bank of Japan, Inc. (DBJ) will make an investment and provide a line of credit for a new fabless company specializing in system LSI (large-scale integration) design and development which Fujitsu and Panasonic will jointly establish.Fujitsu and Panasonic...

Wednesday, 23 Apr 2014

Clarion expects extraordinary profit and loss and revises full-year consolidated outlook for FY 2014 for FY 2014

Clarion Co Ltd:Sees extraordinary profit of 907 mln yen for gain on establishment of a retirement benefit trust, as well as extraordinary loss of 745 mln yen for liquidation of subsidiary, for fiscal year ended March 2014.Full-year consolidated outlook for revenue of 191,000 mln yen lowered from...

Tuesday, 22 Apr 2014

B & C Speakers SpA approves FY 2013 dividend; renews share buyback

B & C Speakers SpA:Approves the FY 2013 dividend of 0.32 euros per share.The general meeting also approved a new buy-back plan that authorizes the Board of Directors to undertake purchases and disposals, on one or more occasions, of a maximum number of ordinary shares representing no more than 10...

Friday, 18 Apr 2014

FUHO TECHNOLOGY announces FY 2013 dividend payment

FUHO TECHNOLOGY CO LTD:To pay cash dividends of T$8,349,247 (T$0.3 per share) to shareholders for fiscal year 2013.

Friday, 18 Apr 2014

Hydro-Quebec and Sony announce establishment of joint venture to start development of energy storage system for power grids

Hydro-Quebec and Sony Corp:To establish a joint venture to research and develop a large-scale energy storage system for power grids.Plan to establish the new company in June.

Wednesday, 16 Apr 2014

TCL Corp issues FY 2014 Q1 net profit outlook

TCL Corp:Sees net profit for the first quarter of fiscal year (FY) 2014 to increase 130 pct to 143 pct, or to be 700 mln yuan to 740 mln yuan.The net profit of the same period in FY 2013 was 304,160,000 yuan.Comments that increased sales, increase product prices and effective cost control as the...

Tuesday, 15 Apr 2014

Bang & Olufsen still expects improved revenue and EBIT for FY 2013/2014

Bang & Olufsen A/S:Maintains FY 2013/2014 financial guidance.Expects revenue to show moderate growth compared to FY 2012/2013.Forecasts EBIT margin to show significant improvement compared to FY 2012/2013 to a level around break-even.Reported revenue of 2,814 million Danish crowns and EBIT of...

Friday, 11 Apr 2014

INESA Electron to acquire stake in Shanghai-based company

INESA Electron Co Ltd:To acquire combined 51 pct stake in a Shanghai-based electronic technology development company from Chen Zhongwei, Nie Yongrong and a Shanghai-based investment management company, for 45 mln yuan.To hold 51 pct stake in the target company after transaction.

Thursday, 10 Apr 2014

Sichuan Changhong Electric Co Ltd announces FY 2013 dividend payment

Sichuan Changhong Electric Co Ltd:To pay cash dividend of 0.2 yuan per 10 shares (before tax) to shareholders for the fiscal year 2013.

Thursday, 10 Apr 2014

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