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.
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.
LG Electronics Inc. said Monday its new smartphone with a full high-definition screen will go on sale in South Korea this week before hitting shelves in Japan in April. The Optimus G Pro smartphone features a 5.5-inch screen that packs over 2 million pixels, or twice as many as smartphones with HD screens.
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 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...
A network of online fraudsters who masqueraded as European crime-fighting agency Europol and collected millions of euros in fake fines has been broken up - by Europol.
The Korea Advanced Institute of Science and Technology (KAIST) and the Korea Railroad Research Institute (KRRI) have developed a wireless power transfer technology that can be applied to high capacity transportation systems such as railways, harbor freight, and airport transportation and logistics.
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.
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'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.
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.
Panasonic Corp. said Friday it has raised the operation rate of its air cleaner manufacturing plant in China's Guangdong Province by 50 percent in January from a year earlier after product sales more than doubled amid serious air pollution in the country.
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.
Google Inc must extend its offer made last week to pay French publishers for use of their content to all media companies across Europe, the head of the European Publishers Council said on Thursday.
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.
Haier Group Corp., a leading Chinese consumer electronics manufacturer, plans to establish a research and development center in Kumagaya, Saitama Prefecture, possibly in 2014, company officials said Thursday.
South Korean fire officials say a man suffered burns after the battery from a Samsung smartphone caught fire in his trouser pocket. Officials at Bupyeong Fire Station in Incheon city said Wednesday the lithium-ion battery was not in the phone when it caught fire. Such batteries are quick to charge but prone to overheating.
Researchers say that Britain's new Antarctic base will be movable - capable of sliding across the ice on ski-clad stilts. The innovation will enable researchers to keep one step ahead of the southern continent's shifting ice and pounding snows. The British Antarctic Survey says that the Halley VI Research Station
Chinese phone maker Huawei and Microsoft are combining forces to sell a new smartphone in Africa, which they say is the world's fastest growing mobile phone market. The two companies launched the Huawei 4Afrika Tuesday. The phone runs Windows Phone 8 and comes pre-loaded with applications designed for the African market.
Hitachi Ltd. said Monday it has revised down its group earnings outlook for the current business year through March due to the continuing economic slump in Europe and slowing growth in emerging markets including China and India.
The Environment Ministry has asked the industry ministry to have Tokyo Electric Power Co. postpone its plan to hold a tender to choose suppliers of electricity generated by coal-fired thermal plants, sources close to the matter said Monday.
North Korea is threatening to retaliate for what it calls U.S. double standards over recent rocket launches by Pyongyang and U.S. ally Seoul. A North Korean Foreign Ministry spokesman did not elaborate on what that might entail in his comments Saturday to the official Korean Central News Agency.
With North Korea appearing set to detonate an atomic device, the U.N. agency that detected two previous tests says it is prepared to confirm an explosion when it takes place. But experts say it might be difficult to establish whether the blast is nuclear in nature.
The New York Times says Chinese hackers repeatedly penetrated its computer networks over the past four months, stealing reporters' passwords and hunting for files on an investigation into the wealth amassed by the family of one of China's leaders.
LG Electronics Inc. reported its first quarterly loss in a year Wednesday after Europe slapped it with a massive fine for price fixing. Its net loss totaled 468 billion won ($429 million) for the last quarter of 2012, compared with a loss of 112 billion a year earlier.