Sony has said it will spin off its video-and-audio business into a separate company as part of a three-year plan to return to profit.

SanDisk has reported a plunge in profit for the fourth quarter, as the flash memory card maker's bottom line was weighed down by lower margins, higher operating expenses and supply constraints.

For IBM, converting to the cloud is taking a toll. Even though it's necessary to drive future growth, the company has to sacrifice profits for now.

China wants Qualcomm to accept lower royalty payments for technology used by domestic smartphone manufacturers, people familiar with the matter said, in a proposal that would hurt the chipmaker's main source of profit.

Samsung Group announced annual management changes at its business units on Monday but said top executives at its flagship unit Samsung Electronics will remain in their current positions as the company seeks to reverse recent profit declines.

Lenovo Group On Thursday said its net profit for the quarter through September rose 19% on growing sales of both personal computers and smartphones.

Samsung Electronics on Thursday said it would revamp its smartphone line-up to take on competitors in the rapidly growing mid-to-low range segment, after third-quarter earnings set it on course for its worst year since 2011.

Three of Japan's biggest electronics companies reported modest earnings gains Thursday for the first half of the financial year ending March, helped by the yen's weakness and restructuring, but held back by a soft domestic economy.

Baidu will focus on investing and marketing its mobile applications in the second half to compete with services backed by Tencent after posting earnings that beat analyst estimates.

Shares in Japanese electronics maker Sharp rose as much as 7.7% to 279 yen on the Tokyo Stock Exchange on Tuesday after it swung back to profit.

Hewlett-Packard reported fiscal first-quarter sales and profit that topped analysts' estimates as the personal-computer maker won new orders for corporate machines and servers to run data centers.

Flash memory card maker SanDisk has reported an increase in profits for the fourth quarter, due largely to higher revenues and strong margins.

The chipmaker announced that it was cutting 1,100 jobs in the US, India and Japan as it moves to "reduce investments in markets that do not offer sustainable growth and returns."

AMD was profitable for the second consecutive quarter, thanks in large part to the success of the gaming consoles from Microsoft and Sony that are powered by the vendor's chips.

Japanese gaming giant Nintendo has issued a profit warning amid weaker-than-expected Wii U console sales.

Samsung Electronics saw billions of dollars wiped off its market cap in the first hours of 2014 trading after investors bucked on concerns that the company's profit growth could slow in the new year.

Samsung Electronics built the world's largest smartphone business by tapping China's cheap and abundant workforce. Not for much longer: it's shifting output to Vietnam to secure even lower wages and defend profit margins as growth in sales of high-end handsets slow.

Applied Materials is benefiting from an increase in demand from companies such as TSMC that build semiconductors for other chipmakers, as they upgrade plants for new production processes.

Shares in Japanese electronics giant Sony plunged 11% to JPY1,668 on the Tokyo Stock Exchange after the firm cut its profit forecast.

British microchip designer ARM said Tuesday it has a record order backlog going into the final fiscal quarter as it posted a rise in third-quarter profit on forecast-beating revenue powered by global demand for smartphones.

SanDisk more than tripled its quarterly profit, beating analysts' estimates, after a fire at a rival chipmaker increased prices at a time when Apple and other users of its flash memory chips were launching new products.

Its forecasts also indicate potentially slowing profit growth at its mobile business-a signal that its run of record results is under threat by rising competition and lower-margin phones taking up a bigger proportion of sales.

Toyota has raised its forecast for annual profit as a weak yen and a recovery in sales in the US continue to boost its growth.

JPMorgan said weak demand for Samsung's flagship phone, the Galaxy S4, from Europe was likely to impact earnings.

Canaccord Genuity said in its new report that in the June quarter, slowing sales of the iPhone combined with strong sales of Samsung's Galaxy S4 may catapult Samsung to the top spot.

Texas Instruments, the largest maker of analog chips, raised the lower end of its forecasts for first-quarter sales and profit, as customers increase orders ahead of a projected rebound in electronics demand.

ASML has warned of a weak first quarter but said it sees a recovery in the following months as smartphone and tablet makers shift to the next generation of chips.

Industry experts say brisk sales of its latest smartphones, the Galaxy Note 2 and Galaxy S3, have driven its operating profit to an all-time high.

OmniVision Technologies' fiscal second-quarter profit dropped 50% as high manufacturing costs pressured the chip maker's margins, masking a jump in revenue.

Booming sales in Asia have helped German car firm BMW shrug off the gloom in Europe to report a record third quarter pre-tax profit.

Abu Dhabi's Advanced Technology Investment (ATIC) expects to earn its first profit by 2015 as it scales up operations overseas, but plans to set up a chip manufacturing facility at home remain on hold, its chief executive said on Wednesday.

Toshiba is expected to report a 10% drop in consolidated operating profit for the April-September period as a strong yen hurt sales, the Nikkei reported.

The IT & Mobile Communications division, comprising Mobile Communications, Telecommunication Systems, IT Solutions and Digital Imaging, ended the third quarter with operating profits of KRW5.63 trillion on KRW29.92 trillion in revenue. Operating profits for the division saw 132 percent year-on-year growth.

Chipmaker ARM Tuesday reported higher profit and revenue for the third quarter, adding that it expects group dollar revenues for the fourth quarter in-line with market expectations.