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Japan gamers queue for midnight PS4 launch

Diehard gamers in Japan who began queueing earlier this week will get their hands on a new PlayStation 4 on Friday, when Sony finally unleashes its console on home turf. The long-awaited Japanese launch comes after a stellar debut in the United States and Europe where more than 5.4 million units have been shifted since November, offering a bright ray of hope to Sony after years of gloomy sales of its key consumer electronics goods.

HP reins in revenue slide as turnaround progresses

By Edwin Chan SAN FRANCISCO (Reuters) - Hewlett Packard Co's revenue fell less than Wall Street expected in the first quarter and it raised its outlook for fiscal 2014 earnings, as the computing giant grew sales at its two largest businesses and again signaled a better year ahead. HP, which is in the midst of a multi-year turnaround effort intended to revive growth, is trying to wean the Silicon Valley company off its reliance on personal computers and re-orient on sales of computing equipment and networking gear to enterprises.

HP sees recovery after painful cuts

Hewlett-Packard said Thursday its latest earnings report shows it is on a recovery path after two years of difficult restructuring moves. But initial market reaction was lukewarm after the US computer giant reported profits rose 16 percent in the past fiscal quarter to $1.4 billion. Revenues were down just one percent at $28.2 billion, despite the horrific slump in the personal computer market, which is still one of HP's key segments.

Hewlett-Packard 1st-quarter earnings, revenue beat Wall Street expectations

PALO ALTO, Calif. - Hewlett-Packard Co. on Thursday reported first-quarter earnings and revenue that topped Wall Street's forecasts, mainly on the surprising strength of personal computer sales to businesses. The company benefited from a one-time bump from companies upgrading to Windows 7 and buying new machines for employees before Microsoft stops supporting Windows XP in April. CEO Meg Whitman said that the Windows upgrade cycle was "important, but not overwhelming." She said companies were also getting around to replacing older machines.

Chipmaker Marvell Technology's revenue rises 20 pct

(Reuters) - Chipmaker Marvell Technology Group Ltd reported a 20 percent rise in fourth-quarter revenue, helped by strong demand from hard-disk and flash-drives makers. Marvell's net income rose to $106.6 million, or 21 cents per share, in the quarter ended February 1 from $50.2 million, or 9 cents per share, a year earlier. Revenue rose to $931.7 million from $775.3 million. Marvell's chips are used to write data on hard-disk drives and helps store more data on a smaller surface.

Toshiba to increase investment in smartphone memory output

Toshiba Corp. plans to invest an additional 40 billion yen in its semiconductor plant in central Japan in an effort to meet rising global memory demand for smartphones and tablets, sources familiar with the matter said Wednesday. The major electronics maker will begin production by summer, after equipping the Yokkaichi plant in Mie Prefecture with state-of-the-art technology, the sources said.

Nvidia puts plans for new Silicon Valley campus on hold

By Noel Randewich SAN FRANCISCO (Reuters) - Graphics chipmaker Nvidia Corp has halted plans to build a flashy new campus that could have rivaled the architectural ambitions of major Silicon Valley neighbors like Facebook Inc and Apple Inc. Nvidia said a year ago it would use property it owns across the street from its current headquarters in Santa Clara, California, to construct one, and eventually two, eco-friendly buildings in the shape of triangles. The triangle is a basic building block in video game graphics.

Court backs Apple e-book monitor, within limits

A US appeals court on Monday shot down Apple's bid to derail a court-ordered monitor in its e-book price-fixing case. The panel of judges specified, however, that the monitor's job is limited to making sure that Apple has an antitrust compliance program put in place and that workers across the board are taught its details. "It became apparent that the parties differed considerably regarding the proper interpretation of the order as to the scope of the monitor's duties," a panel of three justices from the Second Circuit Court of Appeals said in their ruling.

Court backs Apple e-book monitor, within limits

A US appeals court on Monday shot down Apple's bid to derail a court-ordered monitor in its e-book price-fixing case. The panel of judges specified, however, that the monitor's job is limited to making sure that Apple has an antitrust compliance program put in place and that workers across the board are taught its details. "It became apparent that the parties differed considerably regarding the proper interpretation of the order as to the scope of the monitor's duties," a panel of three justices from the Second Circuit Court of Appeals said in their ruling.

Taiwan's Foxconn to invest up to $1 bn in Indonesia

Taiwan technology giant Foxconn group has signed a letter of intent to invest up to $1 billion in Indonesia as it seeks to diversify production away from China, officials said Sunday. Foxconn, also known by its Taipei-headquartered mother company Hon Hai Precision Industry which is the world's largest contract electronics maker, said the investments would be in Jakarta province, which has better infrastructure than other regions of the country.
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