China Mobile Ltd. won state approval to start commercial service on the world’s largest fourth- generation wireless network, clearing a key hurdle to offering Apple Inc.’s iPhone to its 759 million subscribers.
Nintendo Co.’s prospects for meeting its profit and sales forecasts for this year are diminishing after Sony Corp. and Microsoft Corp. each sold more game consoles in 24 hours than the Wii U maker did in nine months.
Sony Corp. sold more than 2.1 million PlayStation 4 game consoles globally since its release last month as Chief Executive Officer Kazuo Hirai seeks to revive the company’s consumer electronics business.
Panasonic Corp. is in talks with automotive parts makers for possible acquisitions or alliances as Japan’s No. 2 television producer seeks to expand the components it delivers to vehicle manufacturers.
Mixi Inc. surged in Tokyo trade and the stock has more than doubled in the last 10 days as investors bet on the prospects for new apps including games similar to those sold by Japan’s GungHo Online Entertainment Inc.