![Lenovo sees profits jump](/media/k2/items/cache/fcc6bbf46d20a236dc6272d42afa17aa_Generic.jpg)
Lenovo sees profits jump
But mobile phones not what they are cracked up to be
China's Lenovo saw its first quarter profit jump nearly two thirds but its mobile arm lost money again as a $3 billion bet on buying Motorola to diversify has yet to pay off.
![Mediatek predicts 25 per cent growth](/media/k2/items/cache/dd5268f01fe44db501194d649581f6d6_Generic.jpg)
Mediatek predicts 25 per cent growth
New guidance as sales pick up in China
MediaTek has released its revenue guidance for the year and claims that it will see its reviews grow by 25 percent over last year.
![HTC drops down the loo](/media/k2/items/cache/41fa37bc759d3ae0f6963026ff9fd4e8_Generic.jpg)
HTC drops down the loo
Trouble just got worse
Troubled mobile phone maker HTC has just found that its woes have become a lot worse.
![EA earns a bomb](/media/k2/items/cache/0bbada5c2d33654a07482f50ff8e611f_Generic.jpg)
EA earns a bomb
Surprise profit
Electronic Arts has surprised the cocaine nose jobs of Wall Street by reporting an unexpected first-quarter profit, thanks to increased downloads of its games.
![Gigabyte shipped 7.8 million motherboards](/media/k2/items/cache/560d167c1bee38d2c3bf19f9d64eab10_Generic.jpg)
Gigabyte shipped 7.8 million motherboards
Not to mention 1.6 million graphics cards
The figures for Gigabyte technology look good for the first half of this year and the next.
![Sony sees off earthquake damage](/media/k2/items/cache/7b621b708c080cf8de38614dbaac7ba1_Generic.jpg)
Sony sees off earthquake damage
Things could have been a lot worse
Sony’s operating profit fell in its first quarter by 42 percent but the company managed to contain the earthquake damage to one of its image sensor factories.
![Samsung posts record profit](/media/k2/items/cache/e8a17fae55af00301ec5b4dfb7927dd4_Generic.jpg)
Samsung posts record profit
Thanks Galaxy S7 and Galaxy S7 Edge
While Apple is desperately trying to spin its sliding iPhone sales, its rival Samsung has posted its highest profit since the first quarter of 2014 thanks to strong sales of the Galaxy S7 and Galaxy S7 Edge.
![Nintendo slumps](/media/k2/items/cache/a522d35cfeb724f4fc3894dff4021887_Generic.jpg)
Nintendo slumps
Wii is no shaft of gold
Nintendo has just posted its latest financial earnings report and the former playing card maker posted an operating loss of $49 million for the first quarter of its 2016 financial year.
![Apple turns to made up products as cash cow gets stuck](/media/k2/items/cache/95a5cefe49098a21309db6b087c6c6f3_Generic.jpg)
Apple turns to made up products as cash cow gets stuck
Fantasyland
Yesterday Apple had a go at peddling a fantasy to reassure the world that its iPhone cash cow was not on its way out due to mad cow disease.
![SK Hynix sees profit fall](/media/k2/items/cache/b9162d5316364a6ad58a52b406f00525_Generic.jpg)
SK Hynix sees profit fall
Lowest in three years
Memory maker SK Hynix said it is expecting a strong pick up for its products in the second half of the year, after reporting that its second quarter operating profit was its lowest for three years.