Chipmaker Avago Technologies said it expects current-quarter sales to decline 3-6% from the first quarter as it lost revenue from a smartphone maker, which analysts said could be Apple.

The companies are already selling lots of phones. But most of those sales are coming in China, and both companies admit they have work cut out for them elsewhere, including in the United States.

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.

Infineon Technologies has projected sales growth in its fiscal second quarter as orders for automotive and identity-checking components rise.

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.

Nokia is expected to show a steep fall in network equipment sales in its results this week, highlighting the challenge facing management after selling its once mighty handset division to Microsoft for EUR5.4 billion (US$7.3 billion).

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

ARM's chief executive has said the emergence of low-cost smartphones and Apple's move into China will drive sales at the British microchip designer.

TSMC and AMD, and other companies have seen more than US$200 million in sales in 2013 for computing components used to create Bitcoins, Wedbush Securities said.

CSR, the Cambridge-based microchip maker, has announced a retreat from the digital camera market as sales decline and amateur photographers increasingly rely on smartphones.

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.

Since its debut in late September, Samsung's Galaxy Gear smart watch has mustered sales of just 50,000 units, suggesting the device has not managed to gain sizable interest from the mass market.

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.

Smartphones with powerful cameras have begun to take a toll on sales of expensive, dSLR cameras.

Dow Chemical, which is looking to exit businesses that are exposed to commodity price swings, said it planned to raise at least US$3 billion to US$4 billion from asset sales.

Broadcom fell after the company forecast lower fourth-quarter revenue than analysts estimated and said it's cutting as many as 1,150 jobs as demand slows for chips that connect mobile phones to the Internet.

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.

Sony has reported a jump in profits for the April-to-June quarter, boosted by a weak yen and surge in smartphone sales.

The US ITC expects to complete its investigation into allegations of patent infringement between Apple and Samsung at the end of next week (August 4-11).

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.

KLA-Tencor forecast current-quarter revenue below expectations as slumping personal computer sales hurt demand for new chip-manufacturing gear, sending its shares lower.

Qualcomm rose 3% in after-hours trading Wednesday after the company booked US$6.2 billion in its third quarter, its twelfth straight quarter of double-digit gains, and raised its outlook for the full year.

Nokia sold 7.4 million Lumia smartphones in the second quarter, its best yet for sales of the Windows Phone devices, but still made a net loss.

Samsung Electronics lost US$25.3 billion in market capitalization last month, more than the value of competitor Sony, as sales of its flagship Galaxy S4 smartphone fell short of investor expectations.

Samsung's Galaxy S4 handset is well on its way to becoming the company's bestselling smartphone. Samsung Electronics co-CEO Shin Jong-kyun told The Korea Times the Galaxy S4 is set to surpass the 10 million sales mark next week.

Samsung Electronics announced that global channel sales of its Galaxy S4 has surpassed 10 million units sold in less than one month after its commercial debut.

As the PC market continues to tip further into free fall - with IDC forecasting a 7.8% sales decline this year - one Wall Street analyst suggested Tuesday that PC buyers will continue to wait for Windows Blue and the second half of 2013 to upgrade their PCs.

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.

Retail sales across the eurozone have fallen for the second month in a row in March, according to the European Union statistics agency Eurostat.

German chipmaker Infineon brightened its gloomy outlook for this year, citing orders from carmakers hoping sales of higher-spec models in China will offset flagging demand in Europe.

Although smartphone sales are still climbing Qualcomm is now facing fiercer competition from other chip makers, including Intel, which has been redesigning its microprocessors in an attempt to grab a bigger piece of the mobile computing market.

ARM jumped the most in more than four years after reporting sales that beat estimates as demand increased for its graphics and processing technology.

After strong gains in 2010 and 2011, power transistor sales fell more than 8% in 2012 to US$12.3 billion primarily due to weak economic growth and high levels of uncertainty, which caused equipment makers to rein in semiconductor purchases, according to IC Insights.

At a recent event in San Jose, California, TSMC CEO Morris Chang said that company sales will rise at a percentage in the teens this year.