Sony expects fiscal 2020 net profit to fall 12.4% over pandemic

Business Aug 4, 2020

Sony expects fiscal 2020 net profit to fall 12.4% over pandemic

Sony Corp. said Tuesday its fiscal 2020 net profit is expected to fall 12.4 percent from a year earlier to ¥510 billion ($4.8 billion), as the coronavirus pandemic has hit its image sensor and movie businesses. Sony, which released its earnings projections for the business ...

Business / Tech Aug 3, 2020

NEC aims to enter Australia's 5G market in 2021

Electronics maker NEC Corp. aims to enter the ultrahigh-speed 5G communications technology market in Australia as early as next year, sources said Monday. The Australian government has kicked China's Huawei Technologies Co. out of the 5G market due to security concerns, opening a hole in ...

Huawei faces ban from U.K. 5G networks by 2027 in crackdown plan

Business Jul 14, 2020

Huawei faces ban from U.K. 5G networks by 2027 in crackdown plan

The U.K. is poised to ban Huawei Technologies Co. from its next generation mobile networks under a two-step plan designed to protect critical communication systems from potential security threats, a person familiar with the matter said. Under the blueprint, British phone companies will not be ...

NTT Docomo to launch budget 5G smartphone line this year

Business / Corporate Jul 9, 2020

NTT Docomo to launch budget 5G smartphone line this year

NTT Docomo Inc. will begin marketing lower-priced smartphones later this year to promote its fifth-generation, or 5G, advanced wireless service, President and Chief Executive Officer Kazuhiro Yoshizawa said in an interview. The Japanese wireless operator rolled out its 5G service in March. Currently, 5G-compatible smartphones ...

NEC gunning for bigger share of global 5G market

Business / Corporate Jul 3, 2020

NEC gunning for bigger share of global 5G market

NEC Corp. President Takashi Niino on Thursday voiced his resolve to expand the Japanese electronics giant's share in the global 5G infrastructure market. The firm wants to be a "game-changer through Japan-made" technologies in the market of base stations for next-generation 5G and later-generation networks, ...