Business / Corporate Dec 18, 2019

Fujifilm to acquire Hitachi's diagnostic imaging equipment business

Fujifilm Holdings Corp. announced Wednesday it will acquire Hitachi Ltd.'s diagnostic imaging equipment business for about ¥170 billion. The move comes as Fujifilm is strengthening its medical-related businesses, while Hitachi has been seeking to sell the imaging equipment business as part of its group restructuring. Fujifilm ...

Four Japan firms fined in South Korea for auto parts bid-rigging

Business Aug 5, 2019

Four Japan firms fined in South Korea for auto parts bid-rigging

South Korea's fair trade commission has ordered four Japanese companies to pay fines totaling 9.2 billion won (¥803 million) for rigging bids on auto parts supplied to South Korean automakers. According to media reports Sunday, the four are Mitsubishi Electric Corp., Hitachi Automotive Systems Ltd., ...