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Panasonic to close plasma TV assembly plant in Shanghai

January 11, 2013 9:35 am | by The Associated Press | News | Comments

Panasonic Corp. will shut down its assembly plant for plasma display panel televisions in Shanghai as part of efforts to streamline its flagging TV business, company officials said Friday. Panasonic, which plans to end development of plasma display panels for TVs, will liquidate its manufacturing subsidiary... 

Rikei, Singapore to sell power supply modules

January 11, 2013 9:31 am | by The Associated Press | News | Comments

Rikei Corp. said Friday it will begin selling power supply modules made by Singapore's Recom Asia Pte Ltd. The Tokyo-based electronics parts supplier will target Recom products at corporate customers particularly in the industrial machinery, telecommunications and medical sectors.

Tokyo Electric to accept compensation claims

January 10, 2013 11:37 am | by The Associated Press | News | Comments

Tokyo Electric Power Co. said Thursday that it intends to accept compensation claims over the 2011 Fukushima Daiichi nuclear power plant disaster beyond the three-year legal time limit for seeking compensation.

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Sony to sell office buildings in Tokyo, New York

January 10, 2013 11:31 am | by The Associated Press | News | Comments

Sony Corp. plans to sell its office buildings in Tokyo and New York to improve its financial standing, company sources said Thursday. Potential buyers for the buildings in Tokyo's Shinagawa Ward and New York's Manhattan include an investment fund and a real estate company, the sources said.

Japanese firms exhibit high-end TVs at U.S. electronics show

January 9, 2013 10:06 am | by The Associated Press | News | Comments

Japanese electronics firms are exhibiting high-end televisions with better profitability at the world's top electronics show which started in the United States on Tuesday, aiming to shore up their slumping operations amid fierce price competition especially for smaller models.

Panasonic update

January 9, 2013 10:02 am | by The Associated Press | News | Comments

Panasonic Corp. President Kazuhiro Tsuga said Tuesday his company has concluded business alliances with General Motors Co. and IBM Corp. as he outlined its strategy to turn itself around by focusing on services for major global enterprises.

Sharp to withdraw from solar power battery business in Italy

January 3, 2013 9:56 am | by The Associated Press | News | Comments

Struggling Japanese electronics maker Sharp Corp. is considering pulling out of the solar power battery business in Italy to streamline its operations amid slumping demand in Europe, sources close to the matter said Sunday.

Nissan hopes for better Japan-China relations

January 3, 2013 9:52 am | by The Associated Press | News | Comments

Nissan Motor Co. President and Chief Executive Officer Carlos Ghosn expressed hope that the recent change in leadership in both Japan and China will bring about an improvement in strained bilateral economic relations and a recovery of auto sales in China.

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LG beats rivals in race to sell new OLED TVs as it starts taking South Korean orders

January 2, 2013 10:37 am | by YOUKYUNG LEE AP Technology Writer | News | Comments

LG Electronics Inc. started taking pre-orders on Wednesday for the world's first big TVs that use an advanced display technology promising startlingly clear images on wafer-thin screens. The South Korean company said the 55-inch TVs, which use a technology called "OLED" 

Foxconn invests $200M in U.S. camera maker

December 21, 2012 10:06 am | by The Associated Press | News | Comments

Hon Hai Precision Industry Co., the Taiwanese contract electronics manufacturer known as Foxconn, is buying an 8.88 percent stake in Woodman Labs Inc., the maker of the GoPro line of camcorders for surfing and other sports, for $200 million.

Yamaha to set up sales company in Myanmar

December 21, 2012 9:36 am | by The Associated Press | News | Comments

Yamaha Motor Co. will set up a company in Myanmar soon to sell its motorbikes there, president Hiroyuki Yanagi said Friday, amid expectations for the country's strong economic growth. "Myanmar is a country very friendly to Japan and we think it is a suitable place to promote Japanese brands," Yanagi said during an interview with Kyodo News.

China tells U.S. it will improve intellectual property protection

December 20, 2012 12:13 pm | News | Comments

China told U.S. trade negotiators in Washington on Wednesday that Beijing would do more to protect intellectual property rights and combat piracy by promoting the use of legal software, China's commerce minister told reporters.

European Commission wades into global tech patents war

December 20, 2012 12:10 pm | by Ethan Bilby, Reuters | News | Comments

EU regulators are poised to accuse Samsung of breaking competition rules in filing patent lawsuits against rival Apple, in the EU's first formal challenge to the consumer electronic industry's patent wars. "We will issue a statement of objections very soon," the European Union's competition chief Joaquin Almunia said on Thursday, referring to the Commission's charge sheet.

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Taiwanese exec guilty of LCD screen price fixing

December 19, 2012 11:38 am | by The Associated Press | News | Comments

A federal jury in San Francisco has convicted a former executive at a Taiwanese company of participating in a global LCD screen price-fixing conspiracy. The U.S. Department of Justice says Shiu Lung Leung could face up to 10 years in prison and a $1 million fine for his role in illegally fixing computer screen prices in the U.S.

Fingerprint Cards Wins Third Design Award in Japan

December 18, 2012 11:37 am | by The Associated Press | News | Comments

Fingerprint Cards has received its third design win for its swipe sensor technology from one of Japan’s leading and most innovative mobile phone manufacturers. The first model launch is scheduled for Q3 2013. Due to the competitive situation, the mobile phone manufacturer wants to remain anonymous...

Fuji Xerox expands cloud service to Australia, Singapore

December 18, 2012 11:22 am | by The Associated Press | News | Comments

Fuji Xerox Co. launched Tuesday a cloud computing business communication support service in Australia and Singapore, the company said. The service, which was available only in Japan, facilitates online communications inside a company as well as interaction between different firms, according to Fuji Xerox.

Panasonic starts solar panel production in Malaysia

December 13, 2012 11:29 am | by The Associated Press | News | Comments

Panasonic Corp. started manufacturing solar panels Thursday at a newly built plant in Malaysia, boosting the global production capacity of its cutting-edge solar batteries to 900 megawatts per year from the current 600 megawatts.

Hitachi holds 1st board meeting in India

December 13, 2012 11:24 am | by The Associated Press | News | Comments

Hitachi Ltd. on Thursday held a board of directors' meeting in the Indian capital New Delhi, the first time it has held such a meeting outside Japan since the company's founding in 1910. All 13 company executives including Chairman Takashi Kawamura and President Hiroaki Nakanishi attended the meeting.

Regulatory body: Radiation spread projection full of errors

December 13, 2012 11:13 am | by The Associated Press | News | Comments

Japan's nuclear regulatory authority said Thursday it found errors in its radiation spread projections in the event of a severe accident for all the country's nuclear power plants after thoroughly reviewing its previous already mistake-plagued results.

Yamada Denki acquisition of Best Denki

December 13, 2012 11:02 am | by The Associated Press | News | Comments

Yamada Denki Co. said Thursday it has completed a deal to make smaller rival Best Denki Co. a subsidiary of the top home electronics retailer. Yamada Denki, previously the second-largest shareholder in Best Denki after Bic Camera Inc., spent approximately 12.12 billion yen to raise its stake in Best Denki to 51.2 percent...

Golf: Panasonic ends sponsorship deal with Ishikawa

December 13, 2012 10:57 am | by The Associated Press | News | Comments

Electronics giant Panasonic announced Thursday that it will not renew its sponsorship contract with golfer Ryo Ishikawa when the deal expires next January. The company also said 2013 will be the last year of its sponsorship of the Asia-Pacific Panasonic Open.

Blue Earth and Hareon Solar Technology develop solar project in Hawaii

December 12, 2012 12:05 pm | by The Associated Press | News | Comments

Blue Earth, Inc. (OTCQB: BBLU) a renewable energy and energy efficiency services company, announced today that it signed a joint development agreement with Hareon Solar Technology Co., Ltd ("Hareon Solar") to jointly fund and develop a 497 KW ground mounted solar PV system, the "Waianae Project," on the island of Oahu, with Hareon being the controlling member.

Mitsumi chooses MxL683 for Time-Shifting TVs

December 12, 2012 11:23 am | by MaxLinear | News | Comments

MaxLinear Inc., a leading provider of integrated radio frequency and mixed-signal integrated circuits for broadband communications applications, announced today that Mitsumi Corp. has started mass production shipments of its latest generation of six-channel “time shift” TV network interface modules for use in Japanese televisions based on MaxLinear’s MxL683.

Panasonic to sell Sanyo's digital camera division

December 12, 2012 11:13 am | by The Associated Press | News | Comments

Panasonic Corp. is in final talks to sell the digital camera division of its subsidiary Sanyo Electric Co. to Japanese investment fund Advantage Partners LLP, industry sources said Wednesday. The move comes as the division's earnings have deteriorated on the diffusion of smartphones...

North Korea's rocket victory has deep consequences

December 12, 2012 10:54 am | by PETER ENAV, Associated Press | News | Comments

North Korea says it wanted a satellite to help track the weather and send back data. But the United States, South Korea and their allies see the Unha-3 rocket that launched it as a potential weapon, theoretically capable of delivering high-impact munitions as far as California...

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