Struggling Sharp to deliver asset report to banks: Sources
Japan's struggling TV maker Sharp Corp will deliver an asset appraisal report to its banks in September that they will use to judge which business the unprofitable company should sell in return for fi
Sony to invest in troubled Olympus: Reports
Japan's Sony will inject about $623 million into troubled Olympus as the camera and medical equipment maker rebuilds its finances after a massive cover-up scandal, reports said Friday.
The 50-billion
Olympus eyes Sony or Panasonic for tie-up: Report
Scandal-hit Japanese camera maker Olympus is in separate talks with Sony and Panasonic for a possible tie-up as it looks to rescue itself after a huge losses cover-up, a report said on Wednesday.
In
Toshiba drops Japan TV operations
Toshiba said on Thursday it has stopped making televisions in Japan, citing slow domestic demand as falling prices, fierce global competition and a strong yen pressure the country's electronics makers
Sony CEO to lay out revival strategy as losses pile up
Kazuo Hirai's brief honeymoon as Sony Corp's new chief has ended abruptly as the struggling electronics giant doubled its annual loss forecast, sending its shares tumbling.
On Thursday he will try to
Sony loss forecast hammers Japan's electronics shares
Shares of Sony Corp, the inventor of personal music players, slid more than 7 per cent on Wednesday after the company more than doubled its annual loss forecast, highlighting the plight of a Japanese
Japan Inc. faces 'tectonic changes’: analysts
Sharp's announcement that it will team up with Taiwan's Hon Hai Precision on a liquid-crystal display deal is the latest example of the 'tectonic changes' rippling through hard-hit Japan Inc.
Japan electronic giants eye chip merger: Reports
Three of Japan's biggest electronics companies are to join forces in a chip-making venture, reports said on Wednesday, days after a swathe of dire results from a sector struggling to compete globally.
Japan's Panasonic set for $10.2 billion loss
Japan's Panasonic on Friday warned it would see its worst-ever net loss of 780 billion yen ($10.2 billion) for the year to March, blaming the strong yen, flooding in Thailand and acquisition costs.
T
Sony top contender for Olympus equity tie: Magazine
Sony Corp is the leading contender among firms jostling for an equity stake in Olympus Corp, Japanese business weekly Diamond reported on its website, as the scandal-hit medical equipment maker moves