Flextronics quarterly profit falls on weak PC sales
July 25 (Reuters) - Flextronics International Ltd's quarterly profit fell as depressed PC sales lowered its revenue by 20 percent.
Net income for the first quarter fell to $128.5 million, or 20 cents per share, compared with $132 million, or 18 cents per share, a year earlier.
Revenue at the Singapore-based electronics manufacturer fell to $6 billion.
- China food scandal spreads, drags in Starbucks, Burger King and McNuggets in Japan |
- Israel pounds Gaza despite international peace efforts |
- Train with MH17 bodies on final journey reaches Ukraine base |
- Bodies, black boxes handed over from Ukraine crash site |
- Islamic State crushes and coerces on march towards Baghdad