Featured Articles

HP Stream is a Chromebook killer priced at $200

HP Stream is a Chromebook killer priced at $200

We have been hearing reports of a new breed of affordable Windows notebooks for months. It is alleged that a number…

More...
AMD Radeon R7 SSD line-up goes official

AMD Radeon R7 SSD line-up goes official

AMD has officially launched its first ever SSDs and all three are part of AMD’s AMD Radeon R7 SSD series.

More...
KitKat has more than a fifth of Android users

KitKat has more than a fifth of Android users

Android 4.4 is now running on more than a fifth of Android devices, according to Google’s latest figures.

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Monday, 15 October 2007 13:06

TDK beats forecast for first half

Written by David Stellmack

Image

Nikkei says sales 3 billion yen higher than forecast


 

According to the Nikkei business news daily, Japanese company TDK Inc. will likely beat its first half profit forecasts, due mainly to increased orders for hard drive heads and ongoing strong shipments of components for flat screen televisions and mobile telephones. 

TDK is expecting to post a net profit for its group of 38 billion yen ($323.3 million), up 28 percent from one year ago and 2 billion higher than was earlier forecast.  TDK’s first half sales are expected to be about 426 billion yen, about 3 billion yen above its earlier forecast.

TDK also fared well from high interest rates in the U.S. and in Europe, which helped increase its interest income from foreign currency deposits, according to the Nikkei.

Read more here.

Last modified on Monday, 15 October 2007 13:08

David Stellmack

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments