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Teac to offer early-retirement program

Sunday, 14 May 2017 11:49pm EDT

May 15 (Reuters) - Teac Corp <6803.T>:* Says it and unit ESOTERIC COMPANY will offer an early-retirement program to employees, who are above 45 years old to 63 years old as of July 15 and has worked for three years, as well as reemployed people whose contracts will expire after July 15 .* Offering period from May 29 to June 7.* The company expects 50 employees to take the offer.* Says the employees who take up the offer will retire on July 15.* The company will provide retirement payment and outplacement support to the retiring employees.

Hyper to fully acquire Multinet Corporation Japan for 400 mln yen

Friday, 12 May 2017 04:50am EDT

May 12(Reuters) - Hyper Inc <3054.T>:Says it will fully acquire Multinet Corporation Japan, which is engaged in network system business, at the price of 400 million yen, on July 3.Says it will appoint current president of Multinet Corporation Japan as the president of the new unit after acquisition .

Ko Ja (Cayman) to dissolve and liquidate Chongqing-based electronics unit

Wednesday, 3 May 2017 05:48am EDT

May 3 (Reuters) - Ko Ja (Cayman) Co Ltd <5215.TW> ::* Says it plans to dissolve and liquidate Chongqing-based electronics unit .

Kontron supervisory board approves conclusion of a merger agreement

Tuesday, 2 May 2017 11:45am EDT

May 2 (Reuters) - Kontron AG ::Supervisory board of Kontron AG approves conclusion of a merger agreement.S&T AG <<>>, Linz (Austria), has today taken a decision in principle on a non-cash capital increase, excluding subscription rights of existing shareholders.Exact exchange ratio and amount of additional cash‎ compensation are currently being determined, will be resolved subsequently be published timely before annual general meeting of kontron ag on June 19, 2017.

Shenzhen Rapoo Technology sees H1 FY 2017 net profit up 15 pct to 35 pct

Tuesday, 25 Apr 2017 02:50am EDT

April 25(Reuters) - Shenzhen Rapoo Technology Co Ltd <002577.SZ>:Sees H1 FY 2017 net profit to increase by 15 percent to 35 percent, or to be 15.6 million yuan to 18.3 million yuan .Says H1 FY 2016 net profit was 13.6 million yuan .Says steady peripheral business growth and expense ratio decrease are the main reasons for the forecast.

Mobotix H1 revenue at 31.8 mln euros

Monday, 24 Apr 2017 11:12am EDT

April 24 (Reuters) - Mobotix Ag :Revenue target for H1 in fiscal 2016/2017 of 36.5 million euros was not achieved; reports sales of 31.8 million euros ($34.55 million) as at 31 March 2017.Half-Year loss amounts to 2.4 million euros against a planned half-year loss of 0.8 million euros.For H2 expects a slight recovery in the course of business compared to the first half of the year.

Gartner forecasts worldwide IT spending to rise 1.4 pct in 2017

Monday, 10 Apr 2017 10:10am EDT

Gartner Inc : Worldwide IT spending is projected to total $3.5 trillion in 2017, a 1.4 percent increase from 2016 . Worldwide spending on devices is projected to grow 1.7 percent in 2017, to reach $645 billion . Mobile phone growth in 2017 will be driven by increased average selling prices for phones in emerging Asia/Pacific and China ."Business-friendly policies of new U.S. administration are expected to have a slightly positive impact on U.S. implementation service market".

Kontron FY revenue fell 17.7 percent

Thursday, 6 Apr 2017 01:00am EDT

Kontron AG : FY revenue fell 17.7 percent to 385.1 million eur . Revenues eur 385.1 million (-17.7 % on 2015: eur 467.7 million) . Order intake eur 361.5 million (-7.7 % on 2015: eur 391.8 million) . Kontron AG - due to decline in order intake, revenues are forecast to remain comparable in 2017 fiscal year . EBIT adjusted for restructuring cost and non-recurring costs comes to eur - 58.8 million (2015: eur 14.5 million) .Kontron AG - 2017 gross margin is anticipated to rise again to over 25 % on account of partnerships with ennoconn and s&t..

Beijing Watertek Information Technology sees FY 2017 Q1 net profit to increase by 145 pct to 175 pct

Monday, 27 Mar 2017 02:14am EDT

Beijing Watertek Information Technology Co Ltd <300324.SZ> : Says net profit for FY 2017 Q1 to increase by 145 percent to 175 percent, or to be 93.2 million yuan to 104.6 million yuan, compared to net profit of FY 2016 Q1 (38 million yuan) .Says stability growth of performance, increased business project and R&D costs as main reasons for the forecast.

Aisino to pay annual div for FY 2016, to dissolve web tech unit and apply for loan of 42 mln yuan

Thursday, 23 Mar 2017 06:50am EDT

Aisino Corp <600271.SS> : Says it will pay annual cash dividend as 2.50 yuan(pre-tax)/10 shares to shareholders for FY 2016 . Says it will dissolve a Beijing-based web technology unit . It will apply for an entrusted loan of 42 million yuan from China Aerospace Science and Industry Corporation to support projects .The loan is with a term of 5 years and an interest rate of 4.10 percent.

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