U.S. and China harden their stands on Huawei as tech war intensifies
The United States and China hardened their stances over Huawei Thursday as Washington brushed aside claims of "bullying" and accused the Chinese tech giant of misrepresenting its ties to the Beijing government. The world's top two economies stepped up their rhetoric following President Donald Trump's ...
Panasonic expects net profit to fall 29.6% on sluggish China sales and auto battery investment
Panasonic Corp. said Thursday it expects its group net profit to fall 29.6 percent to ¥200 billion ($1.82 billion) for the current fiscal year, which ends next March, dragged down by sluggish sales in China and hefty investment in the auto battery segment. Group sales ...
Toyota and Panasonic to merge housing units and team up on 'smart town' business
The move by the leading carmaker and electronics manufacturer comes amid shrinking demand in the domestic housing market due to Japan’s declining population.
Elon Musk takes on Panasonic in rare public tweet battle with key Japanese supplier
Elon Musk has engaged in Twitter spats with a long line of folks, from rival automakers to short-sellers and the Securities and Exchange Commission. He's at it again, but this time the stakes could be even higher. He's in a rare public dispute with a ...
Elon Musk tweets another Tesla forecast in midst of talks with SEC
Elon Musk, already in hot water over his Twitter use, posted another Tesla Inc. production forecast reminiscent of the one that landed him before a federal judge earlier this month. Musk wrote Sunday that Tesla will make more than 500,000 cars in the next 12 ...
Late February was a productive time for startups, with two important events taking place in Japan: Slush Tokyo 2019, a major nonprofit conference, and Tohoku Growth Accelerator Demo Day in Sendai, Miyagi Prefecture, a smaller conference that also offers advice to fledgling startups. Here ...
Japan to put robotics prowess on show during 2020 Olympics by helping staff and visitors alike
Acting on its aim to make the 2020 Tokyo Olympics and Paralympics "the most innovative in history," organizers on Friday unveiled robots that will be deployed to assist spectators and staff during the games. The robots shown to reporters are to be used as part ...
A wearable "third arm" for construction workers is among the latest innovations under development in Panasonic Corp.'s burgeoning collaboration with academia to make robots an increasing part of people's lives in aging Japan. Panasonic already has expertise in using robots in manufacturing but has reached ...
Panasonic Corp. said Thursday that it will release its first high-end mirrorless cameras, equipped with a large image sensor, on March 23. The high-end mirrorless camera market in Japan had been dominated by Sony Corp., which launched such products in 2013 ahead of its rivals, ...
Panasonic cuts fiscal 2018 sales and operating profit outlooks amid China-U.S. trade war
Panasonic Corp. said Monday it reported a 19 percent drop in third-quarter operating profit and cut its full-year earnings outlook, citing slower demand for home appliances and factory automation equipment in China amid an escalating Sino-U.S. trade war. The electronics company posted an operating profit ...
Mitsubishi and Panasonic lose permits to hire foreign trainees after violations
The Justice Ministry said the firms ordered workers to perform tasks other than those specified in their contracts, among other violations.
Toyota and Panasonic to launch joint venture to make electric vehicle batteries by end of 2020
Toyota Motor Corp. and electronics giant Panasonic Corp. said Tuesday they will jointly establish a new company to make batteries for automobiles, including electric vehicles, by the end of 2020. With the joint venture, the firms aim to counter Chinese and other foreign rivals. Toyota ...
