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Tag: slumps
UMC Meets Expectations on 28nm Ramp as Demand Slumps
2015-10-29 03:58:49| Semiconductors - Topix.net
United Microelectronics Corp. , the world's second-largest foundry, is meeting its expectations for a slowed ramp of 28nm process technology because of weak demand that's likely to persist until 2016 while the chip industry recovers from an inventory correction. Sales of products made with the company's most advanced technology node dropped to 10% of its NT$35.3 billion in revenue for the third quarter this year from 11% in the second quarter, according to UMC's announcement of quarterly financial results today.
Tags: demand
meets
expectations
ramp
Volkswagen slumps to first quarterly loss in 15 years
2015-10-28 12:46:03| Auto Dealers - Topix.net
The news came as the carmaker's new CEO was about to fly out to China with German Chancellor Angela Merkel and other business leaders to promote trade in a major export market and try to limit the damage of a scandal that has rocked the auto industry. Almost six weeks after it admitted using illegal software to cheat U.S. diesel emissions tests, Europe's biggest carmaker is under pressure to identify those responsible, fix up to 11 million affected vehicles and convince regulators, investors and customers that it won't make the same mistakes again.
Tags: years
loss
quarterly
volkswagen
Mattel profit trails estimates as Barbie slumps
2015-10-15 23:18:24| Toys - Topix.net
A customer browses the Mattel Inc. Barbie dolls section, of a Toys "R" Us Inc. store in London, U.K.,in this file photo. A customer browses the Mattel Inc. Barbie dolls section, of a Toys "R" Us Inc. store in London, U.K.,in this file photo.
Tags: profit
estimates
trails
barbie
BlackBerry turns to Android as Q2 revenue slumps
2015-09-25 02:00:00| Total Telecom industry news
Canadian device maker confirms Android smartphone with hardware keyboard to launch this year as handset shipments slip below 1 million.
Tags: revenue
turns
blackberry
android
All That Glitters Isn'ta Tiffany & Co. (TIF) Slumps On Weaker-Than-Expected Earnings
2015-08-27 19:35:36| Jewelry - Topix.net
Tiffany & Co. , the American jeweler and specialty retailer, posted its financial results for the second quarter earlier this morning.
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