Yuji Fujimori News
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Sony Corp., the Japanese electronics maker reeling from four consecutive annual losses, fell to the lowest level in more than 32 years in Tokyo trading after offering its first convertible bonds in almost a decade.
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Panasonic Corp. plans to cut 8,000 jobs in the second half of this fiscal year as the Japanese TV maker restructures amid falling demand and a rising yen.
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Sharp Corp. rose to the highest in more than three weeks in Tokyo trading after Kyodo News said the maker of liquid-crystal displays is in talks with Apple Inc., Google Inc. and Microsoft Corp. to form partnerships.
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Sharp Corp., Japan’s largest maker of liquid-crystal displays, rose the most in almost seven weeks in Tokyo trading after saying it started making smartphone panels using the company’s latest display technology.
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Sharp Corp., a Japanese television maker cutting jobs and output to stanch losses, fell for a second day in Tokyo trading amid speculation slumping sales of displays will cause bigger-than-expected losses.
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In 2004, Kameyama, a town of 50,000 people in central Japan, boomed when Sharp Corp. started making liquid-crystal-display panels there.
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Sony Corp., Japan’s largest consumer-electronics exporter, will invest 50 billion yen ($645 million) in Olympus Corp. as part of its strategy to move into the medical-equipment business.
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Sony Corp. and Olympus Corp. may announce a tie-up today, pending approval from their boards, in a deal giving Japan’s biggest consumer-electronics exporter a stake of about 10 percent in the endoscope maker, according to two people with knowledge of the plan.
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Sharp Corp.’s sales of display panels for tablet computers are less than the company expected, according to a senior executive at the Japanese company trying to negotiate a tie-up with Foxconn Technology Group.
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Rising rates of cancer, obesity and heart disease may offer a path back to health for Sony Corp., as the ailing Japanese maker of televisions, cameras and game consoles turns to semiconductors to end unprecedented losses.
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