Fujitsu Siemens profit grows 60 percent
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Fujitsu Siemens Computers (Holding) BV, Europe&#39;s largest remaining computer manufacturer, posted a 60 percent leap in profit for the first half of its fiscal year on higher sales of laptops and servers to business customers, the company said Wednesday.
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Diversified manufacturer United  Technologies Corp. UTX.N posted a rise in quarterly profit,  helped by strong infrastructure demand and a recovery in its  aerospace business, the company said on Wednesday.
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SAP AG, the German business management software maker, reported a 15-percent jump in third-quarter net profit Thursday to euro291 million (US$366 million), citing increased sales across the globe.
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Philips Electronics, Europe's biggest consumer electronics maker, posted a 22-percent rise in second-quarter operating profit on Monday thanks to an improved performance at its domestic appliances unit and lower overheads.
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Chinese PC maker Lenovo says annual profit up more than 600 percent    BEIJING, May 23 (Xinhua) -- Lenovo Group, the world's third- largest personal computer maker, said Wednesday its annual net income soared 625 percent for the year through March on stronger sales.
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EMC Corp , the No. 1 maker of  corporate data storage equipment, reported higher quarterly  profit on Thursday on an increase in sales of both hardware and  software.
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Cisco Systems Inc  posted a 7.2 percent rise in quarterly profit on Wednesday as demand for network equipment from telephone companies was steady despite the slowing U.S. economy.
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Lucent Technologies Inc, the nation's leading telecommunications-equipment maker, recorded its first annual profit since 2000, fueled by rapid growth in its wireless telephone division, the company announced yesterday.
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Storage maker EMC&#39;s profit increased dramatically compared to last year&#39;s third quarter, lifted again by continued growth of its VMware subsidiary and EMC&#39;s recent sale of a slice of the company.Net income for the third quarter ending Sept. 30 was $492.9 million, or $0.23 per diluted share, which was 77 percent more over the same period a year ago, EMC said Thursday. Those figures included the&#160;sale of 6 million shares of VMware to Cisco Systems.Excluding the VMware gain, EMC&#39;s net income was $377.8 million, or $0.18 per diluted share. Analysts predicted $0.17.EMC, which&#160;acquired VMware&#160;in 2004 for $635 million, said in February it would&#160;sell off 10 percent of VMware in an IPO&#160;(initial public offering), which was completed in August. EMC said the money would go toward stock compensation for its employees as well as boost the stock price. Intel now also owns a stake in VMware.VMware maintains a huge, 85 percent market share for virtualization software, which allows multiple operating systems to run on one piece of hardware.The technology remains a hot area, since&#160;virtualization enables servers to perform at a higher level, reducing the need for more servers. EMC, which has retained a majority stake in VMware, said third quarter revenue came in at $354 million, 90 percent higher than for the same quarter a year ago.EMC said its Information Storage business reported 8 percent higher revenue, backed by sales of its Clariion and Celerra networked storage systems plus other backup and recovery products.RSA, EMC&#39;s security business, saw revenue grow 22 percent over a year prior. Those gains were attributed to RSA&#39;s authentication business, consumer applications, and event management business.&#160;
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Third-quarter cuts in the tech sector shot up 60 percent from the previous quarter, an employment services company reports.
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Flextronics , the world's largest contract electronics manufacturer, posted on Tuesday a jump in quarterly profit from a year ago, when results were weighed down by charges.
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Lenovo Group Ltd., the world's No. 4 personal computer maker, said Wednesday its profits grew nearly sevenfold in its latest fiscal year as it boosted sales and restructured following its acquisition of IBM Corp.'s PC unit.
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National Semiconductor Corp. posted a higher quarterly profit Thursday, with sales in line with its reduced forecast on lower-than-expected demand for flat-panel displays and from Chinese wireless handset makers.
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Cisco Systems, the world's biggest maker of computer-networking equipment, said Tuesday that second-quarter profit rose 40 percent as customers upgraded their communications systems for video.  Net income in the period ended Jan.
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Japanese electronics group Toshiba Corp.  said its quarterly net profit jumped on stock sales and raised its outlook despite chip price falls, while Fujitsu Ltd.  posted a sharp fall amid severe price competition in hard drives and lowered its sales outlook.
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MUNICH, Germany  - Fujitsu-Siemens Computers will  start selling laptops with flash memory instead of hard drives  this summer, bringing faster, lighter and more energy-efficient  computers to the European mass market.
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Business software maker SAP AG said Thursday that its second-quarter profit grew 8 percent, citing market share gains and strong sales growth in all three major markets &#151; Europe, Asia and the United States.