Driving systems in spotlight at high-tech fair

Oct 2, 2013

Driving systems in spotlight at high-tech fair

Automakers rolled out their advanced driving technologies and IT-equipped vehicles for the opening of Japan’s major high-tech fair Tuesday. More carmakers are joining electronics companies at the CEATEC Japan exhibition this year as vehicles increasingly employ advanced information technology. Honda Motor Co. and Mazda ...

Feb 4, 2013

Mitsubishi's net hit by defense gouging

Mitsubishi Electric Corp. said Monday its group net profit in the April-December period plunged 40.1 percent from a year ago to ¥49.14 billion due in part to refunds made to the Defense Ministry and others for purposely overcharging on defense contracts. Mitsubishi Electric, one ...