Hitachi reports 79% profit drop, but revenue rises

Article Abstract:

Hitachi Ltd. of Japan posted a 79 percent profit loss to 5.49 billion Yen ($46.3 million) in the third quarter. The largest electronics company in Japan had costs associated with the listing of its semiconductor subsidiary last year and hasn't been able to absorb price reductions enough amidst stiff competition.

ELECTRONIC & OTHER ELECTRIC EQUIPMENT, Company sales and earnings, Electronics industry, Company earnings/profit, Hitachi Ltd.

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Vodafone official says charge won't affect Japan unit

Article Abstract:

Vodafone Group PLC of the United Kingdom will experience business as usual at its Japan unit despite an impairment charge of between 23 billion Pounds ($40 billion) and 28 billion Pounds. The largest telecommunications company is expecting slower revenue growth next year.

United Kingdom, Foreign operations, Radiotelephone communications, Cellular Mobile Radio Services, Cellular and Other Wireless Telecommunications, Financial management, Management dynamics, Management, Finance, Cellular telephone services industry, Cellular telephone services, Vodafone Group PLC, Company business management, Company financing, Wireless telecommunications service

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Mitsubishi tries to boost chip sales 76% in five years

Article Abstract:

Mitsubishi Electric Corp. has set a goal to raise sales of memory chips by 76% over the next five-year period. The company hopes to post 390 billion yen (3.6 billion euros) in memory chip sales by the end of fiscal year ending March 2006.

Semiconductors and related devices, Semiconductor and Related Device Manufacturing, Forecasts, trends, outlooks, IC Memory Chips, Semiconductor industry, Electrical equipment and supplies industry, Electric equipment industry, Forecasts and trends, Computer memory, Statistics, Mitsubishi Electric Corp.

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