Nikkei: Sony to invest massively in Sharp LCD Unit
Japanese business daily Nikkei has reported that consumer electronics giant Sony is planning to invest around a billion dollars in the LCD unit of Sharp.
Sony had announced last year that they were planning to acquire a 34 percent stake in the joint venture with Sharp.
The [...]
Nikkei reporting a deal between Toshiba and Fujitsu
Japanese newspaper Nikkei is reporting that Toshiba and Fujitsu have entered into a deal.
The two companies have reached an agreement which would see Toshiba acquiring Fujitsu’s hard-disk drive business.
The deal is worth between $340 million to $450 million.
If this news is true, it would create [...]
Sony could report its first operating loss in 14 years!
Nikkei newspaper has reported that things are so bad for Sony that they might be close to announcing their first operating loss in 14 years.
Sony is suffering due to falling sales of their televisions and other electronics in North America and Europe.
The company [...]
IBM collaborating with Ricoh for sharing services
US based tech giant IBM is collaborating with Japanese office equipment maker Ricoh.
The two companies would now share each other’s sales network starting this year.
They would also be cross promoting each other’s products in the market.
This has been revealed in a news report by the Nikkei business daily. [...]
Reports: Mitsubishi collaborating with Peugeot
Nikkei business daily has reported that Mitsubishi Motors is planning to collaborate with France’s PSA Peugeot Citroen.
The two companies are working on a deal to manufacture electric cars.
They would be sharing related technologies.
The report further stated that the two companies may also look at forming a joint venture to build electric [...]
Nikkei: Sony develops cheaper Solar Battery
Nikkei newspaper has reported without revealing its sources that Sony has now developed a new type of Solar Battery which does not use silicon.
This would make these solar batteries much cheaper compared to current generation of products.
The report said that the company is yet not sure how they would commercialize [...]
Reports: Mitsubishi Electric to exit mobile phone business
Nikkei business daily has reported that Japanese electronics maker Mitsubishi Electric is considering exiting from the mobile phone industry.
The company is expected to make an announcement on this sometime today.
They generate revenues of around $965 million from this segment of the market per year but the business is [...]
