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TEPCO mulls more spending to ensure safety of Niigata nuclear plant

March 15, 2013 12:33 pm | by The Associated Press | News | Comments

Tokyo Electric is considering spending tens of billions of yen more to ensure the safety of its Kashiwazaki-Kariwa nuclear plant on Japan's northwest coast, which it is aiming to restart in fiscal 2013, sources familiar with the matter said Friday.

NKorea accuses US, SKorea of cyberattacks

March 15, 2013 9:53 am | by YOUKYUNG LEE, AP Technology Writer | News | Comments

North Korea on Friday blamed South Korea and the United States for cyberattacks that temporarily shut down websites this week at a time of elevated tensions over the North's nuclear ambitions. Experts, however, indicated it could take months to determine what happened and one analyst suggested hackers in China were a more likely culprit.

TEPCO's false explanation over accident probe not intentional

March 13, 2013 10:07 am | by The Associated Press | News | Comments

A third-party panel concluded Wednesday that Tokyo Electric Power Co. did not intentionally provide erroneous information to a Diet-appointed committee tasked to investigate the 2011 accident at the utility's Fukushima Daiichi nuclear power plant.

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China says willing to discuss cyber security with the U.S.

March 12, 2013 8:55 am | by Terril Yue Jones, Reuters | News | Comments

China offered on Tuesday to talk with the United States about cyber security amid an escalating war of words between the two sides on computer hacking, but suspicion is as deep in Beijing as it is in Washington about the accusations and counter-accusations.

Taiwanese protest against nuclear power plant

March 11, 2013 9:55 am | by The Associated Press | News | Comments

Tens of thousands of Taiwanese have protested to demand that the government scrap a $10 billion nuclear power plant that is nearly complete and slated to begin operating in two years.

Cisco to set up tech training centers in Myanmar

March 7, 2013 12:11 pm | by ERIKA KINETZ, Associated Press | News | Comments

Cisco Systems plans to establish two network training centers in Myanmar, as global technology companies begin to move into one of the least-connected places on Earth. The announcement Thursday came on the heels of a USAID-sponsored delegation of executives from Cisco, Google, HP, Intel and Microsoft to the fast-opening country.

Rivals Sharp, Samsung bury hatchet

March 7, 2013 10:22 am | by The Associated Press | News | Comments

Sharp has decided to accept investment from South Korean rival Samsung as the struggling Japanese electronics maker seeks to rebuild its business. When the capital and business tie-up was announced on Wednesday evening, Sharp officials did not hold a press conference or contract-signing ceremony, repeating the lack of fanfare...

Three in five Southeast Asia markets showed growth in tech goods

March 6, 2013 9:49 am | by GFK | News | Comments

Technical consumer goods in Indonesia, Malaysia and Thailand continue to expand in the fourth consecutive quarter of 2012, making them the three fastest growing markets in the region with their robust growth of 15, 15 and 12 percent respectively in the full year of 2012.

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Japan's nuclear plants unlikely to restart operations this year

March 4, 2013 10:15 am | by The Associated Press | News | Comments

None of Japan's nuclear power plants that have been halted since the nuclear crisis triggered by the March 2011 earthquake and tsunami are likely to restart operations within the year as safety checks under new standards are not expected to be completed, a Kyodo News survey of utilities showed Sunday.

New coal power plant construction launched in Hiroshima

March 1, 2013 10:17 am | by The Associated Press | News | Comments

Chugoku Electric Power Co. and Electric Power Development Co. held a ceremony Friday to launch the construction of a prototype plant for a new coal-fired power generation method in Hiroshima Prefecture. Through trials due to begin in March 2017 at the facility on Osakikami Island, the two companies will seek to generate more power in a more eco-friendly way.

Festive buying drove demand for technical consumer goods in Singapore

February 28, 2013 10:23 am | by GFK | News | Comments

December is usually boom time for manufacturers and retailers as consumers shop and buy more than the usual month, thanks to the year-end festivities. Latest GfK report for Technical Consumer Goods in Singapore revealed record breaking sales for a number of key categories...

Chubu Electric to start overseas solar power project in Thailand

February 26, 2013 9:45 am | by The Associated Press | News | Comments

Japanese utility Chubu Electric Power Co. said Tuesday it will start its first overseas solar power generation project in Thailand, as part of efforts to expand profit by entering emerging foreign markets. Chubu Electric said it has acquired a 49 percent stake in Gunkul Powergen Co., the operator of six solar power plants in Thailand...

India to launch mission to Mars this year, says president

February 22, 2013 12:11 pm | by Reuters | News | Comments

(Reuters) - India will launch its first mission to Mars this year, President Pranab Mukherjee said on Thursday, as the emerging Asian nation looks to play catch up in the global space race alongside the United States, Russia and its giant neighbor China.

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China says U.S. hacking accusations lack technical proof

February 20, 2013 3:49 pm | News | Comments

Accusations by a U.S. computer security company that a secretive Chinese military unit is likely behind a series of hacking attacks are scientifically flawed and hence unreliable, China's Defense Ministry said on Wednesday.

White House targets trade secret theft with new strategy

February 20, 2013 3:39 pm | by Doug Palmer, Reuters | News | Comments

The White House will tackle the theft of U.S. trade secrets on Wednesday with a new strategy to protect American companies from losing hundreds of billions of dollars in an area of growing concern in relations with China.

Sony cuts Japanese retail price for PlayStation Vita game console

February 19, 2013 11:23 am | by The Associated Press | News | Comments

Sony Computer Entertainment Inc. said Monday it will lower the Japanese retail price of its PlayStation Vita game console from Feb. 28. The prices of the 3G/Wi-Fi model and Wi-Fi model, which are currently available at 29,980 yen and 24,980 yen, respectively, will be both reduced to 19,980 yen, Sony Corp.'s gaming unit said.

Double digit growth continues for domestic appliances in Southeast Asia

February 19, 2013 10:28 am | by GfK | News | Comments

The rising affluence of contrasting ends of consumers is stimulating sales of major domestic appliances in Southeast Asia. This mix in consumer development has grown the total market worth of the washers, air-conditioners, refrigerators and microwave ovens by a healthy 13 percent in 2012 over the previous year.

TEPCO launches tender for thermal power despite call for postponement

February 15, 2013 11:26 am | by The Associated Press | News | Comments

Tokyo Electric Power Co. launched a tender Friday to choose new suppliers of electricity generated by coal-fired thermal plants, despite a call by the government to postpone it due to concerns about global warming.

Kansai Electric, Sumitomo to acquire thermal power plant in Australia

February 15, 2013 11:12 am | by The Associated Press | News | Comments

Kansai Electric Power Co. and trading house Sumitomo Corp. said Friday they will jointly acquire a coal-fired power plant in Australia to participate in power business in the country. The Japanese firms will buy all shares of the Bluewaters power stations with a total output of 416,000 kilowatts...

NKorea nuke test may offer intelligence windfall

February 13, 2013 10:50 am | by ERIC TALMADGE, Associated Press | News | Comments

North Korea's underground nuclear test shows it is making big strides toward becoming a true nuclear power. But the test may also reveal key clues the secretive nation might have hoped to hide about how close, or how far away, it is from fielding a nuclear weapon capable of striking the United States or its allies.

Test shows N. Korea's desire for nuclear status

February 12, 2013 10:24 am | by The Associated Press | News | Comments

North Korea's third nuclear test, carried out Tuesday, apparently reflects the country's intention to push the United States back into direct negotiations with it in an attempt to ensure security guarantees and recognition of the regime of leader Kim Jong Un from Washington, which Pyongyang calls its "sworn enemy."

Japan proposes nuclear power cooperation to Saudi Arabia

February 11, 2013 10:46 am | by The Associated Press | News | Comments

Japan's trade and industry minister Toshimitsu Motegi on Saturday proposed providing Saudi Arabia with a range of assistance for the construction of nuclear power plants. The vice head of King Abdullah City for Atomic and Renewable Energy, Waleed Hussain Abulfaraj, Motegi suggested that the two countries sign a document to that end at an early date.

Zero4All provides glimpse into changing electronics industry

February 11, 2013 10:35 am | by The Associated Press | News | Comments

In one of the biggest business stories of this still-young year, the Dutch manufacturing company Philips recently announced the sale of its long-running consumer electronics division to the Japanese company Funai Electric. The news of the sale was an immediate hit with investors; Philips' stock values rose by two percent overnight.

Renesas earnings update

February 8, 2013 9:26 am | by The Associated Press | News | Comments

Struggling Japanese chipmaker Renesas Electronics Corp. on Friday widened its fiscal 2012 group net loss projection to 176 billion yen from an earlier 150 billion yen due to sluggish chip demand amid the stagnant global economy.

Sony earnings update

February 7, 2013 11:57 am | by The Associated Press | News | Comments

Sony Corp. on Thursday reported a group net loss of 50.87 billion yen in the April to December period, compared to a wider loss of 201.45 billion yen a year earlier, and retained its outlook to return to profitability for the full year through March, reflecting the effects of restructuring efforts and the weakening yen.

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