Latest Electronic parts manufacturing News

Traders Timothy Nick, left, and Peter Tuchman work on the floor of the New York Stock Exchange, Tuesday, Feb. 18, 2020. Stocks are opening lower on Wall Street after Apple said it would fail to meet its revenue forecast for the current quarter due to the impact of the virus outbreak in China. (AP Photo/Richard Drew)

Stocks fall on Apple revenue warning; Dow drops 165

Feb. 18, 2020 4:14 PM EST

Major U.S. stock indexes are closing mostly lower Tuesday, as the market gives up some of its gains from the past two weeks. The selling, which lost some of its momentum in the final hour of trading, came as investors weighed the impact of the virus outbreak in China on Apple and other major companies. Tech...

People walk past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Feb. 18, 2020. Shares have fallen in Asia as the impact from the virus outbreak that began in China deepened, with Apple saying it would fail to meet its profit target and China moving to cancel major events including the Beijing auto show. (AP Photo/Eugene Hoshiko)

Shares take hit as virus outbreak slams profits, events

Feb. 18, 2020 7:08 AM EST

BANGKOK (AP) — Stock markets slipped Tuesday as the impact from the virus outbreak that began in China deepened, with Apple saying it would fail to meet its profit target this quarter and China moving to postpone or cancel major events, including the Beijing auto show. Britain's FTSE 100 dropped 1% to...

FILE - In this Feb. 17, 2020, file photo, commuters ride in a quiet subway train during the morning rush hour in Beijing. As many Chinese finally go back to work after their longest Lunar New Year holiday ever, the economic fallout from the outbreak of a new coronavirus that began in Wuhan may be just beginning. Companies are warning their bottom lines will take a hit, and governments are ramping up stimulus measures for economies that just weeks ago were hoping to see recoveries after months of uncertainty due to trade tensions and slowing global growth. (AP Photo/Andy Wong, File)

China virus outbreak chilling recovery for Asian economies

Feb. 18, 2020 6:47 AM EST

BANGKOK (AP) — The virus outbreak in China has put South Korea's economy into an "emergency situation," its president says. Japan is on the brink of recession and big manufacturers are forecasting a whole world of woe. As many Chinese finally go back to work after their longest Lunar New Year holiday...

Gilead, Insmed rise; ON Semiconductor, Pacific Premier fall

Feb. 3, 2020 4:16 PM EST

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Monday: Gilead Sciences Inc., up $3.16 to $66.36 The biotechnology's antiviral drug Remdesivir is being tested as a possible treatment for the new coronavirus outbreak, according to media reports. Maxar Technologies Inc., up 54 cents to...

FILE - In this Jan. 9, 2020, file photo specialist David Haubner works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Jan. 30. (AP Photo/Richard Drew, File)

Asia shares mixed as WHO says China virus a global emergency

Jan. 30, 2020 11:59 PM EST

Shares were mixed in Asia after the World Health Organization declared the outbreak of a new virus that has spread from China to more than a dozen countries a global emergency. Markets in mainland China remained closed as the U.S. warned against all travel to China following the WHO's announcement. Japan's...

DuPont, Carnival fall; Microsoft, Tesla rise

Jan. 30, 2020 4:48 PM EST

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday: Microsoft Corp., up $4.74 to $172.78 The software company handily beat Wall Street's profit forecasts on sharp gains from its cloud computing business. DuPont de Nemours Inc., down $4.97 to $52.72 The chemicals company reported...

A woman walks past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Thursday, 30, 2020. Shares have fallen sharply in Asia on Thursday as concern over the impact of the virus outbreak in China deepens. (AP Photo/Vincent Yu)

World markets tumble as fears over virus outbreak spread

Jan. 30, 2020 3:40 AM EST

Shares tumbled in Europe and Asia on Thursday as the impact of the virus outbreak in China expanded to include flight cancellations and other wider precautions to help stop its spread. Taiwan's benchmark dived 5.8% as its market reopened after the Lunar New Year. Shares fell in most other markets, with the CAC...

FILE - In this Monday, Nov. 5, 2018, file photo, a woman walks past the logo for Google at the China International Import Expo in Shanghai. Chinese tech giant Huawei is racing to develop replacements for Google apps. U.S. sanctions imposed on security grounds block Huawei from using YouTube and other popular Google

Huawei races to replace Google apps for next smartphone

Jan. 30, 2020 3:03 AM EST

BEIJING (AP) — If you can make smartphone apps, Chinese tech giant Huawei wants you. The No. 2 global smartphone brand is struggling to hold onto its market after Washington accused Huawei of being a security risk and blocked access to U.S. components and technology. That includes YouTube and other...

A woman passes by an advertisement of Samsung Electronics' Galaxy 5G Note10+ smartphone at a subway station in Seoul, South Korea, Thursday, Jan. 30, 2020. Samsung Electronics Co. said Thursday its operating profit for the last quarter fell 33.7% from a year earlier but it predicted earnings will improve in 2020, driven by a gradually stabilizing computer chip market and increasing 5G smartphone sales. (AP Photo/Ahn Young-joon)

Asian markets tumble as fears over virus outbreak spread

Jan. 29, 2020 11:36 PM EST

Shares tumbled in Asia on Thursday as concern over the impact of the virus outbreak in China deepened. Taiwan's benchmark dived 5.3% as its market reopened after the Lunar New Year. Japan's Nikkei 225 index sank 1.9% to 22,935.20, while Hong Kong's Hang Seng index skidded 1.7% to 26,693.06. In Australia, the...

Visitors watch Samsung Electronics' Galaxy 10 smartphones at its shop in Seoul, South Korea, Thursday, Jan. 30, 2020. Samsung Electronics Co. said Thursday its operating profit for the last quarter fell 33.7% from a year earlier but it predicted earnings will improve in 2020, driven by a gradually stabilizing computer chip market and increasing 5G smartphone sales. (AP Photo/Ahn Young-joon)

Samsung predicts earnings improvement after sluggish 2019

Jan. 29, 2020 10:40 PM EST

SEOUL, South Korea (AP) — Samsung Electronics Co. said Thursday its operating profit for the last quarter fell 33.7% from a year earlier but it predicted earnings will improve in 2020, driven by a gradually stabilizing computer chip market and increasing 5G smartphone sales. The South Korean tech giant...