Nov 25, 2016

Electronics firm Elecom exits India after four years

Elecom Co., a Japanese manufacturer of peripheral products and accessories for personal computers and other digital equipment, has closed its Indian unit after less than four years in the country, with one executive saying it failed to gain traction in the price-sensitive market. “Elecom ...

Nov 19, 2016

State-backed fund to extend ¥70 billion in loans to Japan Display

A state-backed fund is considering lending more than ¥70 billion ($630 million) to struggling Japan Display Inc. to help it boost production of interior display screens for vehicles, sources close to the matter said. The loan from Innovation Network Corporation of Japan would be ...

Nov 1, 2016

Sony sees fall in net profit in 2016 on stronger yen

Sony Corp. on Tuesday reported a 78 percent year-on-year fall in its group net profit to ¥26.01 billion in the April to September period, weighed down by a stronger yen and sluggish semiconductor operations. The mammoth electronics maker said its operating profit for the ...

Panasonic cuts 2016 earnings forecast on strong yen

Oct 31, 2016

Panasonic cuts 2016 earnings forecast on strong yen

Panasonic Corp. has lowered its full-year group earnings forecast for the current business year through next March, citing factors such as a stronger yen and a slump in solar business. For fiscal 2016, the Osaka-based electronics maker said Monday it now expects an operating ...

Sony to open new Ginza store

Sep 23, 2016

Sony to open new Ginza store

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Sony Corp. will on Saturday open the doors to its new store in Tokyo’s bustling Ginza district. After closing its flagship store in the Sony Building last month to make way for a rebuild, the new store forms part of the newly completed Ginza ...

Sep 13, 2016

Renesas to buy U.S. chip-maker Intersil for $3.2 billion

Renesas Electronics Corp. agreed to buy U.S. chipmaker Intersil Corp. for $3.2 billion, seeking to accelerate its efforts to sell more automotive components. Renesas is offering $22.50 per share, a 14 percent premium to Monday’s close, according to a statement to the Tokyo Stock ...