Chimei Innolux Corp. (3481.TW) cut its capital expenditure for this year by 40% as it stayed in the red for a seventh consecutive quarter because of sluggish demand for display panels.

Chipmaker Freescale Semiconductor said that its first-quarter loss narrowed from last year as the company cut costs in the face of declining revenue.

Nokia has reported a much worse-than-expected first quarter loss as it presses ahead with an extensive restructuring of its faltering business.

Memory chipmaker Micron Technology, which rocked in February by the death of its CEO in a plane crash, on Thursday posted a US$224 million net loss in the second quarter as sales fell.

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/2/33483920-562e-11e1-8dfa-00144feabdc0.html#ixzz1mKfxcR1E Olympus, the scandal-hit Japanese optical equipment maker, said it expected to suffer a Y32bn net loss this year owing to asset writedowns at its struggling camera division and a one-time tax adjustment.

Toshiba and Fujitsu booked deep losses during the October-December quarter, blaming a spike in component costs caused by Thai flooding and a tough market for consumer electronics. Both companies slashed their earnings targets for the current fiscal year through March, but said they are still on track to book an annual profit.

Motorola Mobility, the phone maker Google has agreed to buy for US$12.5 billion, swung to an operating loss in the fourth quarter of 2011 due to increased competition in the smartphone market.

"We delivered a solid fourth quarter amid challenging market conditions," said company president and CEO John Kispert. "2011 was a year of transition and intense product development. Spansion is now well-positioned for growth in the future in areas such as automotive, industrial, communications and gaming..."

Nokia has posted an operating loss of US$1.25 billion in the fourth quarter as unexpectedly high Windows Phone sales and a US$250 million payment from Microsoft weren't enough to compensate for worse than anticipated declines in the company's legacy smartphone lines.

Micron Technology has posted a net loss of US$187 million, or US$0.19 per diluted share, on net sales of US$2.1 billion for the company's first quarter of fiscal 2012 (ended December 1, 2011).

Apple's iPad is the bane of computer-memory makers, worsening the industry's losses as consumers choose the hand-held device that uses about 75% fewer of the chips than a typical laptop.

The yuan halted a three-day losing streak on speculation European leaders will boost efforts to solve the region's sovereign-debt crisis.

Siemens' renewable energy division has reported a fourth-quarter loss, after writing off ??31m (瞿197m) in its solar power business.

Nintendo has forecast its first annual loss in at least 30 years after the yen reached a postwar high and the new 3DS console had weaker-than-expected sales.

South Korean flat-screen maker LG Display, a key supplier to Apple Inc, posted a wider-than-expected quarterly loss on Thursday as tepid demand for TVs and PCs hit panel prices and one-off losses weighed.

One reason for the delay in both Q1 and Q2 could have been uncertainty on how to record the loss of manufacturing capacity, and capacity utilization, at Japanese companies affected by the aftermath of the great earthquake and tsunami that struck northern Japan on March 11. This will have had a small but significant effect in the first quarter but is likely to have had a much bigger effect in the second quarter.

Micron Technology fell in US trading after reporting a fiscal fourth-quarter loss on weak demand for personal computers.

Patent licensing company Rambus made a net loss of US$10.6 million on revenues of US$66.2 million in the second quarter of 2011. However, the company guided that it would be profitable in the third quarter on rising revenues.

"While our Q2 results were clearly disappointing, we are executing well on the initiatives that are most important to our longer term competitiveness," CEO Stephen Elop said. "Some progress is already evident, and thus we are targeting to end this year with more net cash and liquid assets than at the end of Q2 2011."

Sony Ericsson has blamed the the Japanese earthquake for a EUR50 million (US$71 million) loss during the three months to June.

Toshiba has said it returned to the black for the year to March 2011, but warned the outlook remains uncertain due to the impact of the massive quake and tsunami in Japan.

Samsung Electronics shares are poised to drop amid increased competition and the possible loss of orders from Apple, BGC Partners said, recommending a so-called short sale of the stock.

Liquid-crystal-display maker LG Display said Monday it swung to a first-quarter net loss due to weak television demand and panel prices, but in a sign of improving market conditions, a company executive predicted a return to profit on an operating basis in the current second quarter.

The amount of loss and effects on profits as a result of the earthquake are currently unknown. Fujitsu will promptly make an announcement should these effects be significant.

Shares of wireless chipmaker Anadigics are down US$0.57, almost 8%, at US$5.96, after the company reported 4Q results ahead of expectations, but forecast a surprise net loss this quarter and much lower-than-expected revenue, citing "softness in China" and an inventory pile-up.

"A fall in DRAM prices, the appreciation of the yen, and inventory valuation losses resulted in a 26.9 billion yen operating loss," said CFO Yasuo Shirai. Elpida shares closed 0.24% higher in Tokyo trade ahead of the earnings announcement on February 2.

Amid a loss and some US$454.0 million in disputed claims against the company, Spansion has raised its capital spending for 2011.

STMicroelectronics, Europe's largest chipmaker, fell the most in five months in Milan trading after the company's ST-Ericsson wireless venture reported increased losses in the fourth quarter.

Verigy has reported a profit for the August-October period, as higher sales of semiconductor test systems helped it come back from a loss a year earlier. The company's guidance fell short of Wall Street's expectations, however.

But net sales for its third fiscal quarter ended September 26, 2010 grew to US$307.6 million, from US$255.7 million in the prior quarter and US$327.6 million a year ago.

Rambus saw its results improve in the third quarter of 2010 thanks to a licensing deal signed earlier this year with former legal opponent Samsung Electronics. It is negotiating to renew deals with Toshiba and Renesas Electronics after their patent licenses expired.

A Glass Lewis release said: "Micron Technology's performance has steadily deteriorated during the past three years, culminating in a US$1.8 billion loss in 2009 and a return on equity of negative 33.9%, one of the lowest among the companies appearing on our Overpaid 25 list." Micron has not had a good return from its investment in Appleton based on these figures.

LDK Solar reported Tuesday that it earned net income of US$45 million, or 36 cents per American Depositary Share, in the quarter that ended June 30. That compared with a net loss of US$216.9 million, or US2.03 per ADS, when it took a hefty writedown on plummeting inventory value in the year-ago quarter.

Sharp said it made a group net profit of 10.69 billion yen (US$122.2 million) in the April-June quarter, reversing from a 25.2 billion yen net loss in the same period a year earlier.

Toshiba has posted its second straight quarterly profit on rising chip demand, beating analyst estimates for a loss.

In the three months ended June 30, Infineon swung to a net profit of 126 million euros (US$164 million) from a loss of 24 million euros in the same period a year ago. The firm has raised its full-year outlook, expecting revenues to grow at least 40% in fiscal 2010 compared to the previous year.

Chip designer Rambus has reported bigger-than-expected losses for the second quarter of 2010, although revenues rose with the help of agreements signed earlier this year with Samsung Electronics.