Taiwan billionaire Terry Gou built a manufacturing empire that assembles iPhones and iPads. His Foxconn Technology Group may be key to ensuring Sharp Corp.’s survival and a stable supply of components for Apple Inc.
Panasonic Corp., seeking to turn around after a record loss last year, said restructuring costs this year may exceed an initial estimate as the company takes charges to cut jobs and accounts for depreciation of factories.
The day after Sony Corp . named Kazuo Hirai the frontrunner to succeed Chief Executive Officer Howard Stringer , Japan’s strongest quake hit. Three weeks into the job, an intruder hacked into the company’s online services.
Sony Corp. will resume full PlayStation Network services in Japan this week, completing the final stretch of the company’s 2 1/2 month restoration of its online operations after they were attacked by hackers.
When Sony Corp.’s 2006 release of PlayStation 3 flopped because features installed by the engineer who founded the business made the games console too expensive, Chief Executive Officer Howard Stringer tapped Kazuo Hirai to turn the division around.