Production costs are high for the Mate XT, the world's first trifold smartphone. (Photo by Itsuro Fujino)
Electronics

Huawei trifold phones being flipped for $7,000 even before release

Limited availability causes prices to soar on online marketplaces

17 September 2024
Workers at Samsung's Sriperumbudur plant in Chennai strike for higher wages on Sept. 12.
Work

Indian police detain 104 Samsung workers after weeklong strike

Staff at key Chennai site demand higher wages, better hours, union recognition

16 September 2024
Though profit is expected to grow, Ricoh is restructuring its organization to counter the shrinking office equipment market. (Photo by Kohei Yamada)
Electronics

Ricoh to cut 2,000 jobs globally as office printer demand falls

Japanese manufacturer to focus on providing digitization support for businesses

12 September 2024
Indian Prime Minister Narendra Modi delivers an address at Semicon India on Sept. 11. (Photo by Aya Onishi)
Semiconductors

Semicon India: Modi touts goal to become chipmaking powerhouse

Now is 'right time' for global chipmakers to be in India: PM says at expo

12 September 2024
Workers at a Samsung facility gather to strike and demand higher wages at the South Korean tech firm's Sriperumbudur plant near the city of Chennai, India, on Sept 10. 
Electronics

Samsung workers in India ramp up wage protest as strike enters third day

Labor dispute disrupts output at key regional facility for global tech giant

11 September 2024
The Olympic sponsor contract originally was aimed at advertising Panasonic's products to consumers worldwide.
Sports

Panasonic ends 37-year run as major Olympics sponsor

Japanese manufacturer shifts focus toward corporate sector as TV sales decline

11 September 2024
Samsung SDI says it plans to focus on materials for semiconductors, organic light-emitting diode (OLED) displays and batteries going forward.
Business deals

Samsung SDI to sell polarizing film business to Chinese company

South Korean battery maker exits segment to focus on other areas

10 September 2024
Daikin has started to introduce its new AI control service for AC systems in commercial buildings. (Daikin Industries)
Electronics

Daikin taps AI to cut office AC power use by up to 20%

Japanese air conditioning supplier rolls out new service for commercial buildings

10 September 2024
Chinese home appliance maker Midea is set to list in Hong Kong.
Markets

Midea's $3.45bn Hong Kong share offering met with Shenzhen selloff

Appliance maker seeks more funds but dilution, discount anger current investors

9 September 2024
JDI and Sharp will no longer supply displays for new Apple smartphones after the fourth-generation iPhone SE comes out in 2025. (Photos obtained by Nikkei)
Supply Chain

Japan display makers pay dearly for failing to foresee iPhone's LCD exit

With switchover to OLED, Japanese companies shut out of Apple supply chain

8 September 2024
Sharp Chief Technical Officer Mototaka Taneya previews the company's new EV concept model on Sept. 6. (Photo by Kanoko Sakamoto)
Electric vehicles

Sharp weighs move into EVs 'in a few years': tech chief

Electronics group to work with parent Hon Hai to be part of value chain

7 September 2024
Tecno-branded devices on display at a cellphone store in Manila. (Photo by Yuki Fujita)
Electronics

China's $200 phones put Samsung on the run in Philippines

Apple eyes Southeast Asian push with first store in Malaysia

7 September 2024
Mitsubishi Electric's Kentucky plant currently makes engine parts. (Mitsubishi Electric)
Electronics

Mitsubishi Electric retools U.S. auto parts site for AI cooling equipment

Japanese manufacturer shifts production to adapt to next technology wave

1 September 2024
Acer's Copilot+ laptop touchpad has an activity indicator that lights up whenever the AI semiconductor is in use. (Photo by Masaharu Ban)
Artificial intelligence

Acer aims to boost AI PCs to 40% of shipments next year

Price of Copilot+ models to come down as chip supplies improve, CEO says

30 August 2024
A Sony PlayStation 5 display at an electronics store in Tokyo. The price of the PS5 console has now been raised for the third time in Japan.
Media & Entertainment

Sony to raise PlayStation 5 price by 20% in Japan

Conglomerate cites difficult external environment as global sales fall

27 August 2024
Panasonic has announced plans to invest 45 billion yen in its Czech factory to increase heat pump production capacity. (Photo obtained by Nikkei)
Electronics

Daikin, Panasonic invest in cooling European heat pump market

Despite setbacks, demand for energy-saving tech still seen rising in long run

21 August 2024
The manufacturing of common types of fluorescent lamps will be banned at the end of 2027 under an international treaty. 
Electronics

Panasonic fluorescent lamp production to go dark in 2027

Japan demand persists despite global deal to phase out mercury-containing lights

18 August 2024
Singapore's economy grew 2.9% in the April-June quarter from a year earlier. (Photo by Ken Kobayashi)
Economy

Singapore upgrades full-year GDP growth forecast to 2-3%

Trade ministry says manufacturing sector will recover gradually in second half

13 August 2024
The logo of SK Hynix is seen at its headquarters in Seongnam.
Semiconductors

U.S. to award SK Hynix up to $450m for chip-packaging facility

Indiana plant will make next-generation chips for training AI systems

6 August 2024
A Canon launch event in Beijing this July. The company sees Gen Zers driving demand for digital cameras in China. (Photo by Shunsuke Tabeta)
Electronics

Canon zooms in on China's Gen Z to boost digital camera sales

Marketing push taps into desire for more eye-catching social media feeds

6 August 2024
Qualcomm's total revenue grew 11%, driven by rising global demand for chips used in AI smartphones, AI PCs and automobiles.
Companies

Qualcomm revenue from China smartphone makers grows 50%, driven by AI

Chipmaker says loss of Huawei export license will affect future earnings

1 August 2024
The company's factory automation business is centered on China, where investments are sluggish. (Photo by Yoichiro Hiroi)
Electronics

Mitsubishi Electric bets on price hikes amid headwinds in China, Europe

Investors focus on two earnings drivers: factory automation and air conditioning

31 July 2024
Apple is under pressure from local smartphone manufacturers in China, a market that accounts for 18% of the iPhone maker's revenue.
Electronics

Apple falls out of top 5 in China smartphone market in Q2

Vivo takes top spot while Huawei shipments surge despite U.S. sanctions

26 July 2024
Workers assemble a Lexus vehicle at Toyota's plant in Fukuoka prefecture. The automaker is planning the largest capital investment of any major Japanese company this fiscal year. (Photo by Toshiki Sasazu)
Business trends

Toyota leads Japan Inc.'s record $217bn capital investment blitz

Auto industry set to be top spender in fiscal 2024 as EV, software race heats up

26 July 2024