NEWSWORTHY
Chipmaker Renesas Electronics Corp. said Tuesday it has agreed to buy U.S. peer Integrated Device Technology Inc. for about $6.7 billion (¥747 billion), aiming to boost its expertise in self-driving car technologies. The deal allows Renesas, second only to NXP Semiconductors NV in chips used ...
Japan's Renesas Electronics in talks to acquire U.S. semiconductor maker IDT
Japanese chipmaker Renesas Electronics Corp. is in talks to acquire U.S. peer Integrated Device Technology Inc. for around $5.5 billion, sources said Friday. Through the acquisition, Renesas aims to obtain knowledge and skills for the development of semiconductors necessary for automated driving, as California-based IDT ...
Panasonic beefs up TV lineup in Thailand with eye on 76% sales rise
Panasonic Corp. is aggressively promoting television sales in Thailand with the launch of new ultra-high-definition 4K models featuring screens 55 inches and larger amid the growing popularity of such premium products in the country. Its local sales unit, Panasonic Siew Sales (Thailand) Co., said it ...
Sharp Corp. plans to pull out from domestic production of major appliances and shift to overseas manufacturing as part of streamlining efforts under Taiwanese parent Hon Hai Precision Industry Co., a source said Friday. With the move, the Osaka Prefecture-based company will draw the curtain ...
Sharp cancels new share sale, blaming market instability caused by U.S.-China trade tensions
Sharp Corp., the electronics-maker controlled by Foxconn Technology Group, canceled plans to raise as much as ¥200 billion ($1.8 billion) in a public share sale, blaming market instability fueled by U.S.-China trade tensions. The Osaka Prefecture-based company, which had planned to use the proceeds to ...
Sharp to buy Toshiba's PC business for ¥4 billion
The electronics firm announced Tuesday it will acquire an 80.1 percent stake in the personal computer subsidiary in a bid to make a comeback in the PC market.
Toshiba Memory Corp., the world's second-largest maker of NAND flash memory chips, is considering changing its name in 2019 as it seeks to introduce a new brand and raise its profile in the intensely competitive market. "As we have become independent of Toshiba Corp. we ...
Toshiba books first net profit in four years
The firm said it improved its balance sheet by recording ¥783.1 billion in shareholders’ equity at the end of March, staving off a risk of being delisted.
Panasonic's net profit soars 58% on sales of batteries and other vehicle components
Panasonic Corp. said Thursday that group net profit rose 58 percent in the fiscal year ended March, due to brisk sales of batteries and other electronic automobile components, as automakers continue to shift their focus to safety devices and electric vehicles. The electronics maker posted ...
Japan's Fujifilm to end sales of black-and-white photo film due to falling demand
Fujifilm Imaging Systems Co. announced Friday it will terminate sales of monochrome photographic film, with the last shipment expected to be in October, due to falling demands in the digital age. The move will put an end to the Fujifilm group's 82-year history of monochrome ...
