Creative Technology

Creative Technology expects revenue for the next two quarters to be lower, and to report an operating loss. It also notes that market conditions for its products remain challenging.

SINGAPORE (Jan 2): Shares in Creative Technology are trading 24 cents, or 7.4% higher this Friday morning, after the audio tech company announced last night it was unveiling its second-generation Super X-Fi audio solutions at CES 2020 in Las Vegas which w

SINGAPORE (Aug 26): The minutes of the Federal Open Market Committee’s July 31 meeting have indicated that the officials were widely divided in the US Federal Reserve’s decision to ease monetary policy.

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.

SINGAPORE (Feb 19): Singapore Finance Minister Heng Swee Keat boosted health-care and military spending, gave tax rebates to citizens and tightened rules on foreign workers ahead of an election that could come as early as this year.

SINGAPORE (Jan 3): Creative Technology has unveiled a slew of related Super X-Fi products in conjunction with Wednesday worldwide launch of the Super X-Fi headphone holography technology at CES 2019.

SINGAPORE (Dec 26): The technology sector in Singapore is deemed to be highly cyclical and with the recent increase in global demand for electronic products and services, along with new entrants within the sector, competition has been heating up.

SINGAPORE (Oct 31): Creative Technology reported a loss of US$6.1 million ($8.5 million) for the 1Q ended Sept (1Q19), reversing into the red from its earnings of US$22.8 million in 1Q18 in the absence of other gains recorded in the latter period.

SINGAPORE (Sept 27): Creative Technology was third on the Top 20 Gainers list this morning, rising 23 cents or 3.7% to $6.45 with 1 million shares traded.

SINGAPORE (May 25): Huawei International has been ordered to pay Creative Technology and its subsidiary, QMax communications, an additional sum of US$2.3 million ($3.1 million), after the Singapore Court of Appeal today ruled in favour of the latter.