Harman Posts Major Sales, Profit Increases
Stamford, Conn. — Harman International reported a 32 percent gain in net sales, with net income more than doubling year on year in its fiscal third quarter, ended March 31. More »
T-Mobile Widens Net Loss Despite Soaring Subscriber, Revenue Gains
Bellevue, Wash. — T-Mobile blew away the competition in signing up net new subscribers and boosting revenues in the first quarter, but the company also widened its net loss and swung to an operating loss. More »
Samsung Posts Higher Sales, Net Profits
Seoul, South Korea — Samsung Electronics reported slightly higher sales and net profits year on year in the first quarter, ended March 31. More »
Sony's Fasulo To Keynote CEDIA Expo
Indianapolis — Mike Fasulo, president/COO of Sony Electronics, will deliver the opening keynote during CEDIA Expo on Wednesday, Sept. 10, in Denver. More »
Garmin: Fitness, Outdoor Segments Pick Up PND Slack
Schaffhausen, Switzerland — GPS supplier Garmin posted double-digit percentage gains in consolidated sales, operating profit and net profit in the first quarter of fiscal 2014 despite declining sales of portable navigation devices (PNDs). More »
Yamaha Thanks Yen For Fiscal-Year Boost
Shizuoka, Japan — Yamaha Corp. boosted sales at a double-digit percentage rate in the fiscal year ending in March and boosted operating income and net income at triple-digit rates, thanks largely to the changing value of the Japanese yen, the company reported. More »
TracFone Posts Revenue, Subscriber Gains
Miami — No-contract cellular MVNO TracFone Wireless posted a 9.6 percent revenue gain to $1.66 billion and 1.85 million net subscriber additions in the first quarter, thanks mainly to its Jan. 16 acquisition of MVNO Start Wireless Group. More »
JVC Posts Strong Sales Gains, Falls Into Red
Yokohama, Japan – JVCKenwood posted a triple-digit percentage increase in sales in its fiscal year, but the company swung into the red. More »
Omega Updates CarLink With 3G
Douglasville, Ga. — Omega Research and Development Technologies, a Voxx company, has begun shipping a 3G version of its vehicle tracking and control system because of AT&T's plans to shut down its 2G network completely by 2017. More »
Global Smartphone Sales Surge; Apple, Samsung Lose Share
Framingham, Mass. – Global smartphone shipments continued to rise in the first quarter, but market leaders Samsung and Apple lost share to competitors, International Data Corp. (IDC) said. More »
AT&T Considers DirecTV Purchase: Reports
With the proposed merger of the nation's two largest cable operators in the review process, reports indicate that AT&T may be interested in purchasing the leading DBS provider and the No. 2 U.S. distributor, DirecTV. More »
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