Electronics

Shareholders at elevator maker Fujitec dumped several board members who installed Takakazu Uchiyama, a member of the founding family, as chairman. (Photo by Yuta Fukushima) 
Companies

Fujitec shareholders fire 3 outside directors in rebuke to board

Activist investor Oasis wins support in battle for influence at elevator maker

25 February 2023
PC market leader Lenovo has been hit by falling sales of the device, which had enjoyed a pandemic boost.
China tech

Lenovo CEO says PC demand may recover sooner than expected

Chinese tech group reports double-digit declines in revenue, profit

17 February 2023
Toshiba's restructuring is entering a final stretch nearly two years after the initial takeover offer. (Photo by Tsuyoshi Tamehiro)
Toshiba in turmoil

Japanese consortium makes final offer on Toshiba buyout

JIP-led group gets bank commitments of $9.1bn in loans

9 February 2023
LG Energy Solution realized huge increases in sales and profit thanks to a surge in orders for batteries. (Photo courtesy of LG Energy Solution)
Electronics

South Korea's 3 battery giants supercharge revenue on order backlog

EV-related sales soar, but SK Innovation widens loss on capacity investment

9 February 2023
Murata downgraded its fiscal 2022 profit forecast a second time on Feb. 2.
Electronics

Japan's Murata forecasts 28% profit drop on smartphone slump

Parts maker scales back output amid weak demand and swelling inventories

3 February 2023
President Kenichiro Yoshida, left, and incoming President Hiroki Totoki will work together to take the company to the next stage of growth.
Electronics

Dynamic duo to steer Sony in age of metaverse and EVs

Chairman Yoshida turns to trusted partner Totoki's entrepreneurial mindset

3 February 2023
Roh Tae-moon, the head of Samsung Electronics' mobile experience business, holds up new Galaxy S23 smartphones at a launch event in San Francisco on Feb. 1. (Photo courtesy of Samsung Electronics)
Electronics

Samsung unpacks S23 phones and Google-Qualcomm tie-up

Smartphone maker branches out into 'cross reality' to enhance mobile experience

3 February 2023
Outgoing President Kenichiro Yoshida, left, and incoming President Hiroki Totoki shake hands at a news briefing in Tokyo on Thursday. (Photo by Tomoki Mera)
Media & Entertainment

Sony Group CFO Totoki to succeed Yoshida as president

Yoshida to remain CEO as tech company consolidates 'top-two' structure

2 February 2023
Despite having a number of hit movies, Sony Groups' movie segment weighed on operating profit. (Photo by Mizuho Miyazaki)
Media & Entertainment

Sony posts 7.8% operating profit decline for Q3

Company raises full-year forecast slightly, helped by recovering PS5 production

2 February 2023
Former Nissan executive and Nidec President Jun Seki will become the chief strategy officer of Foxconn's electric vehicle business from Feb. 1. (Photo by Arisa Moriyama)
Automobiles

Foxconn's new EV exec Jun Seki had insider's view at Nissan, Nidec

Auto industry veteran brings production, supply chain know-how to newcomer

1 February 2023
Japan auto industry veteran Jun Seki has been hired as Foxconn's chief strategy officer of its electric vehicle business. (Photo by Atsushi Ooka) 
Technology

Foxconn hires former Nissan exec Jun Seki as EV strategy head

Auto veteran also served as chief of motor maker Nidec until last year

30 January 2023
Pokemon Scarlet and Pokemon Violet give players more freedom to explore than past titles. 
Media & Entertainment

New Pokemon games put fresh legs on long-running series

Pokemon Scarlet and Violet off to good start but Nintendo has high expectations to meet

29 January 2023
Cameras bound for Japan, the U.S. and Europe will be produced in Thailand instead of China. (Photo by Keiichi Furukawa)
Electronics

Sony separates production of cameras for China and non-China markets

Devices for Japan, U.S. and Europe to be made in Thailand

29 January 2023
A Foxconn sign in Mexico, where it recently established a headquarters.
Supply Chain

Taiwan's Foxconn and others accelerate investment in Mexico

Supply chain shifts westward thanks to U.S. policy and client requests

24 January 2023
Despite strong sales, Daikin Industries is under pressure to improve its profit margin.
Electronics

Reality behind Daikin's record profit chills its shares

A/C maker faces limits in how far it can raise prices to cover costs

15 January 2023
Components using silicon carbide can extend the running distance of electric vehicles. (Photo courtesy of the company) 
Materials

Resonac to boost EV power chip material output fivefold by 2026

Wafer substrates using silicon carbide extends driving ranges by 5% to 10%

15 January 2023
Daikin's FIT smart air conditioning systems contains inverters designed to conserve power consumption.
Business deals

Daikin eyes A/C crown in U.S. with smart-thermostat deal

$100m purchase of Venstar to add energy-saving services for customers

14 January 2023
Graphics cards needed to play games on high-performance personal computers were in short supply because they were used for cryptocurrency mining. (Photo by Ella Don on Unsplash)
Cryptocurrencies

Crypto crash a boon for gamers as graphics card prices plunge

Headwinds against coin mining boost availability of computer component

7 January 2023
TCL showcased at CES its Q6 and Q7 models, which deliver high-definition color and considerably higher brightness compared to standard LCD TVs.
CES 2023

China's TCL unveils new TVs with quantum dot tech at CES

With enhanced brightness and color, electronics maker poised to compete with big names

6 January 2023
Panasonic is among the Japanese manufacturers bucking a trend of relying less on China. (Photo by Tomoki Mera)
Electronics

Panasonic to invest over $375m in China with eye on post-COVID growth

Company plans first new Chinese appliance factory in 19 years to keep up with consumers

6 January 2023
Dell has also asked suppliers of other components as well as product assemblers to help prepare capacity in countries like Vietnam. (Photo by Ken Kobayashi)
Supply Chain

Dell looks to phase out 'made in China' chips by 2024

'This trend looks irreversible,' supplier exec says of tech industry's production shift

5 January 2023
The big trade fair is a major event for tech companies from around the world to show off their latest offerings. (Photo by Natsumi Kawasaki)
CES 2023

From EVs to U.S.-China tensions: 5 things to watch at CES2023

Asian companies are keen to impress at Las Vegas tech trade show

4 January 2023
An oversupply of semiconductors for data centers will likely last through the first quarter of this year, analysts say. (Photo by Kosaku Mimura)
Semiconductors

Chip glut to last most of 2023 while automotive crunch persists

Inventory of memory, other semiconductors have swelled amid tech slump

4 January 2023
China's abrupt dismantling of its zero-COVID policy has left many of the country's tech manufacturers scrambling to deal with a sudden rise in infections.
Supply Chain

China's tech supply chain reels as infections soar, demand sours

Silver lining: Dealing with COVID wave now 'could pave way for recovery'

2 January 2023
Japan Display is in the midst of a sweeping restructuring drive. (Photo by Shihoko Nakaoka)
Business deals

Japan Display sells Chinese unit for higher-than-expected $200m

Asset review boosts final price from original proposal

31 December 2022