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Household Electronics

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Goertek's 2018 Net Profit Down, To Boost Investment In Denmark Unit

Friday, 19 Apr 2019 09:03am EDT

April 19 (Reuters) - Goertek Inc <002241.SZ>::SAYS 2018 NET PROFIT DOWN 59.44 PERCENT Y/Y.SAYS IT PLANS TO BOOST INVESTMENT IN DENMARK UNIT BY 200 MILLION YUAN ($29.83 million).

Fujikon Industrial Sees FY Net Profit Of Hk$37-Hk$42 Mln

Wednesday, 17 Apr 2019 12:30am EDT

April 17 (Reuters) - Fujikon Industrial Holdings Ltd <0927.HK>::EXPECTED THAT NET PROFIT OF GROUP WILL BE BETWEEN HK$37.0 MILLION AND HK$42.0 MILLION FOR FY2019.

Dixon Technologies (India) Acquires Stake In Padget Electronics

Friday, 12 Apr 2019 08:49am EDT

April 12 (Reuters) - Dixon Technologies (India) Ltd ::ACQUIRED 7.5 MILLION FULLY PAID UP EQUITY SHARES OF PADGET ELECTRONICS PRIVATE LIMITED.ACQUISITION REPRESENTS 50 PERCENT OF TOTAL EQUITY SHARE CAPITAL PADGET ELECTRONICS.

Tesla Sees More Output From Improving Existing Production Equipment Than Earlier Estimate For Gigafactory 1

Thursday, 11 Apr 2019 09:00am EDT

April 11 (Reuters) - Panasonic Corp <6752.T>::TESLA SPOKESPERSON SAYS WILL OF COURSE CONTINUE TO MAKE NEW INVESTMENTS IN GIGAFACTORY 1, AS NEEDED.TESLA SPOKESPERSON, ON GIGAFACTORY 1, SAYS THINK THERE IS FAR MORE OUTPUT TO BE GAINED FROM IMPROVING EXISTING PRODUCTION EQUIPMENT THAN EARLIER ESTIMATE.

Largan Precision's March Sales Up 24.9 Pct Y/Y

Monday, 8 Apr 2019 03:30am EDT

April 8 (Reuters) - LARGAN Precision Co Ltd <3008.TW>::SAYS MARCH SALES UP 24.9 PERCENT Y/Y.

Lightwaverf Posts Q2 Rev Of 1.35 Mln Stg

Monday, 8 Apr 2019 02:00am EDT

April 8 (Reuters) - Lightwaverf PLC ::TRADING UPDATE.Q2 REVENUE 1.35 MILLION STG VERSUS 680,000 STG YEAR AGO.REVENUE IN Q2 2019 DOUBLED TO £1.35 MILLION COMPARED WITH SAME PERIOD LAST YEAR (Q2 2018: £0.68 MILLION).REVENUE IN FIRST HALF OF FINANCIAL YEAR WAS £2.5 MILLION (H1 2018: £1.13 MILLION).

Bang & Olufsen Q3 Revenue DKK 710 Million

Thursday, 4 Apr 2019 01:59am EDT

April 4 (Reuters) - Bang & Olufsen A/S ::REG-INTERIM REPORT 3RD QUARTER 2018/19 (1 JUNE 2018 - 28 FEBRUARY 2019).Q3 REVENUE DKK 710 MILLION VERSUS DKK 865 MILLION YEAR AGO.AS ANNOUNCED IN COMPANY ANNOUNCEMENT 18.49, ON 26 MARCH 2019, COMPANY HAS REVISED ITS OUTLOOK.COMPANY EXPECTS REVENUE FOR 2018/19 TO DECLINE AROUND 10 PER CENT COMPARED WITH PREVIOUS FINANCIAL YEAR.Q3 EBIT DKK 30 MILLION VERSUS DKK 49 MILLION YEAR AGO.COMPANY HAS DECIDED THAT IT CAN NO LONGER MAINTAIN ITS CURRENT 3-YEAR TARGETS.2018/19 EBIT MARGIN IS EXPECTED TO BE APPROXIMATELY 4-5 PER CENT (PREVIOUSLY 7-9 PER CENT)..COMPANY WILL ASSESS AND RESTATE ITS LONG-TERM FINANCIAL TARGETS AND WILL DISCLOSE REVISED TARGETS IN CONNECTION WITH ANNOUNCEMENT OF ANNUAL REPORT FOR 2018/19.SAYS Q3 WAS A CHALLENGING QUARTER, RESULTING IN A REVENUE DECLINE OF 18 PER CENT.SAYS ONGOING TRANSFORMATION OF SALES AND DISTRIBUTION NETWORK COMBINED WITH LOWER THAN EXPECTED REVENUE FROM STAGED CATEGORY WERE KEY FACTORS CONTRIBUTING TO DECLINE.SAYS IN SPITE OF AN IMPROVED GROSS MARGIN, RESULTS WE HAVE DELIVERED IN Q3 ARE CLEARLY NOT SATISFACTORY.

Brittany Bagley Joins Sonos Inc As Chief Financial Officer

Wednesday, 3 Apr 2019 04:05pm EDT

April 3 (Reuters) - Sonos Inc ::BRITTANY BAGLEY JOINS SONOS AS CHIEF FINANCIAL OFFICER.SONOS INC - BAGLEY REPLACES CURRENT CFO MIKE GIANNETTO WHO WILL RETIRE IN JUNE, AFTER ENSURING AN ORDERLY TRANSITION.SONOS INC - REDUCED SIZE OF BOARD FROM EIGHT TO SEVEN MEMBERS.

Panasonic Acquires Omni-Id's Proview

Monday, 1 Apr 2019 11:00am EDT

April 1 (Reuters) - Panasonic Corp <6752.T>::PANASONIC ACQUIRES OMNI-ID'S PROVIEW, BOLSTERING IIOT CAPABILITIES FOR MANUFACTURERS.PANASONIC - DURING A SHORT TRANSITION PERIOD, OMNI-ID WILL CONTINUE TO BE RESELLER OF PROVIEW SOLUTIONS.

Q Technology Group Intends To Subscribe For 7.2 Mln New Shares In Newmax Technology

Monday, 1 Apr 2019 07:59am EDT

April 1 (Reuters) - Q Technology (Group) Co Ltd <1478.HK>::CO INTENDS TO SUBSCRIBE FOR A TOTAL OF 7.2 MILLION NEW SHARES IN NEWMAX TECHNOLOGY.SUBSCRIPTION AMOUNT FOR A TOTAL OF 7.2 MILLION NEW SHARES IN NEWMAX TECHNOLOGY WOULD AMOUNT TO ABOUT NT$766.8 MILLION.

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