lower sales

Covid-19

Microsoft joins Apple, HP in scrapping outlooks on virus

As component makers and tech-gadget assembly companies in China continue to face production slowdowns due to quarantines and shuttered factories, U.S. technology companies are reported to be scrambling for alternatives.

Results

Creative reverses into the red in FY19 on lower sales, absence of settlement from patent lawsuits

SINGAPORE (Aug 22): Creative Technology reversed into the red for FY19 ended June, reporting a net loss of US$3.8 million ($5.3 million), compared to earnings of US$40.4 million in the preceding year.
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