Apr 20, 2015

Japan white goods shipments fell 12.2 percent in fiscal 2014

Shipments of white goods in fiscal 2014 dropped 12.2 percent from the previous year to ¥2.1 trillion, the Japan Electrical Manufacturers’ Association said Monday. Domestic white goods shipments in the reporting year, which ended March 31, fell for the first time in three years, ...

Apr 20, 2015

Custom-made earphones growing popular in Japan

Custom-made earphones, tailored to the tastes of audio fans unrelenting in their pursuit of sound quality, are enjoying brisk sales in Japan despite their eye-popping prices, industry sources say. The custom-made products, shaped to users’ ears for acoustic seal, appeal to those appreciating scarcity ...

China's incredible shrinking factories

| Apr 17, 2015

China's incredible shrinking factories

by Alexandra Harney

Eight years ago, Pascal Lighting employed about 2,000 workers on a leafy campus in southern China. Today, the Taiwanese light manufacturer has winnowed its workforce to just 200 and leased most of its space to other companies: lamp workshops, a mobile phone-maker, a logistics ...

Worldwide preview for Apple Watch kicks off

Apr 10, 2015

Worldwide preview for Apple Watch kicks off

Tech fans in Japan got their first look Friday at the Apple Watch, with would-be early buyers queuing for a “trial fitting” in Tokyo’s Omotesando area. Apple says its first wearable device will connect wirelessly to a user’s iPhone and will be the interface ...

Sharp forecasts return to profit in solar business next year

Mar 31, 2015

Sharp forecasts return to profit in solar business next year

Sharp Corp. said its energy solutions business will probably return to profit next fiscal year as it shifts to sales of solar panels and batteries to households in Japan. The maker of smartphone displays, televisions, appliances and solar cells will invest ¥1.4 billion by ...

Mar 21, 2015

Hon Hai takes another look at Sharp

Taiwan’s Hon Hai Precision Industry Co., also known as Foxconn, might make another offer to invest in ailing Sharp Corp., according to a Hon Hai source. In March 2012, the two electronics makers agreed that Hon Hai would invest about ¥67 billion in Sharp ...

Sharp considers shedding 5,000 jobs worldwide

Mar 19, 2015

Sharp considers shedding 5,000 jobs worldwide

Struggling electronics maker Sharp Corp. is considering shedding 5,000 jobs, or about 10 percent of its global workforce, informed sources said Thursday. To slash fixed costs, Sharp will also look at reducing salaries in Japan, the sources said. The fresh downsizing plan will likely ...

Mar 12, 2015

Panasonic to sell Sanyo electronics unit to investment fund

Consumer electronics giant Panasonic Corp. said Wednesday it will sell Sanyo Techno Solutions Tottori Co., an electronics unit of new subsidiary Sanyo Electric Co., to an investment fund on March 31. A special purpose company owned by Tokyo-based J-Will Partners Co. will acquire the ...

Sony to finally launch PlayStation 4 in China next week

Mar 11, 2015

Sony to finally launch PlayStation 4 in China next week

Sony announced that it will begin selling its PlayStation 4 gaming console in China next week following a more than two-month delay. The console had been due to hit Chinese shelves Jan. 11, but Sony abruptly announced a delay just three days beforehand without ...

Panasonic comeback seen in biggest bond sale since 2011

Mar 11, 2015

Panasonic comeback seen in biggest bond sale since 2011

Panasonic Corp. has completed the biggest bond sale to Japan’s institutional investors since 2011 after the electronics maker forecast its best profit in seven years. The ¥400 billion offering included 10-year notes with a yield of 0.934 percent, compared with the 0.57 percent average ...

Mar 10, 2015

Sharp eyes LCD shift to business products

by Kazuaki Nagata

Sharp Corp. said Tuesday it aims to expand sales of LCD panels for business products to establish a more stable portfolio rather than depend on highly volatile consumer products. The struggling Osaka-based firm still has a technological edge in the LCD panel business, allowing ...

Sharp mulls ending overseas TV output except for China

Mar 6, 2015

Sharp mulls ending overseas TV output except for China

Sharp Corp. is considering ceasing all overseas production of LCD televisions with the exception of operations in China as it tries to improve the picture for its flickering TV business, sources close to the matter said. The ailing electronics maker has suffered multiple years ...