China will double subsidies for those trading in cars for electric vehicles and other new energy vehicles. (Photo by Shizuka Tanabe)
Economy

China injects $41bn to subsidize car, appliance purchases

Beijing looks to stimulate domestic spending amid overcapacity criticism

25 July 2024
Lenovo Group looks to boost sales with AI-powered PC after seeing demand drop off from the pandemic. (Photo by Tomoko Wakasugi)
Artificial intelligence

Lenovo to put AI into all PCs by 2027: device chief

Chinese and U.S. consumers showing 'a lot of interest,' Luca Rossi says

24 July 2024
Nidec's water-cooling modules regulate AI server temperatures better than fans. (Photo by Kosaku Mimura)
Electronics

Nidec spurs pivot to AI cooling with China, Philippines production

Japanese motor maker to expand from Thai base in bid to grow profits

22 July 2024
Canon's new EOS R1 professional-grade camera will hit the market in November. (Photo by Kohei Yamada)
Electronics

Canon's new mirrorless camera takes aim at 'biggest rival' Sony

Pro-level flagship model keeps focus on target even when obstacles are in the way

20 July 2024
Suzumo Machinery hopes to take advantage of burgeoning interest in Japanese cuisine worldwide with its new sushi robot. (Suzumo Machinery)
Food & Beverage

Don't look now, but your next sushi chef could be a robot

Japan's machinery makers devise innovative solutions to labor crunch

20 July 2024
Although Samsung Electronics is the leading seller of home electronics in the U.S., it has not cracked the top five in air-conditioning sales. (Samsung)
Electronics

Samsung seeks North America growth with AI-powered air conditioners

Booming U.S. market draws South Korean makers despite fierce competition

18 July 2024
The Galaxy Z Fold6 is Samsung Electronics' first foldable smartphone equipped with generative artificial intelligence. (Photo by Nami Matsuura)
Electronics

Samsung plots smartphone comeback with AI-powered Galaxy Z Fold6

South Korean giant looks to keep Apple and Chinese competitors at bay

12 July 2024
Under the hood of a Toyota Prius. As automobiles incorporate more electronic parts, component makers are boosting investment.
Business trends

Japan's electronic parts makers boost capital spending by 5%

Advanced automobiles and AI lift demand for capacitors and other parts

11 July 2024
Members of the National Samsung Electronics Union begin a three-day strike outside the South Korean company's foundry and semiconductor factory in Hwaseong on July 8. (Photo by AFP/Jiji)
Technology

Samsung union calls for indefinite strike over pay

Company vows stability as union says chip production cut to cope with walkout

10 July 2024
Sharp's earnings announcement in May attended by President Robert Wu, center, and Executive Vice President Masahiro Okitsu, right.  (Photo by Konosuke Urata)
Electronics

Sharp's president steps down after 2 years of losses and missteps

Robert Wu's tenure marked by LCD plant shutdown and discord with parent Foxconn

28 June 2024
AI-related power demand has fueled Hitachi's grid business. (Hitachi)
Companies

Hitachi tops Sony in market cap, lifted by AI stock fervor

Company's grid business cashes in on power demand from data centers

28 June 2024
Panasonic made big bets on EV batteries and heat pumps that have not panned out.
Companies

Panasonic draws shareholder ire as stock sinks 22% in a year

Troubles with EV batteries and heat pumps sap market cap despite record profit

25 June 2024
South Korean battery maker Aricell's lithium battery factory, in Hwaseong, South Korea, after multiple powerful explosions and a deadly fire on June 24. A fire official said the cause of the explosions and blaze remain unknown.
Electronics

Multiple explosions ravage South Korea battery plant south of Seoul

Officials say 22 workers killed, most of them Chinese nationals

24 June 2024
Huawei has made developing its own operating system a major priority since the U.S. put it on a trade blacklist and curtailed its access to American technologies.
Technology

Huawei unveils new Harmony OS, AI model in race for tech self-reliance

Operating system will cover all devices and leverage company's AI capabilities

21 June 2024
KDDI said in June that it will help turn Sharp's LCD panel factory in Sakai, Osaka prefecture, into a data center for artificial intelligence. (Source photos by Kyodo)
Business Spotlight

The AI scramble: Why SoftBank, KDDI and others are racing for Sharp's LCD factory

As Japan aspires to be a major player in AI it is desperate for data centers

21 June 2024
The book-style Mate X5, released in China in September 2023. (Photo by Nikkei)
14 June 2024
Bill Liu, founder and CEO of Royole, speaks during the 12th Asian Financial Forum in Hong Kong in January 2019. (Imaginechina via AP)
China tech

China foldable phone maker Royole forced into bankruptcy

Former unicorn's creditors to meet in September

12 June 2024
Apple's Vision Pro, which started shipping in the U.S. earlier this year, will also become available in Australia, Canada, France, Germany and the U.K.
Technology

Apple to launch Vision Pro in China, Japan and Singapore this month

iPhone maker's first virtual reality headset is priced from $3,499

11 June 2024
Battery maker CATL's booth at the Beijing International Automotive Exhibition in April 2024. The manufacturer was the top recipient of state subsidies among listed mainland companies last year.
China tech

CATL tops China's corporate subsidies list, outranking oil majors

Emergence of EV-related recipients stands out as European tariffs loom

6 June 2024
Intel is looking to research chip packaging and other back-end processes at Sharp's facilities. (Intel)
Semiconductors

Intel and partners to use Sharp's Japan LCD plants for chip research

Troubled electronics maker to get extra income by leasing out clean rooms

6 June 2024
Sharp plans to close its LCD television panel factory in the Japanese city of Sakai by September.
Technology

Sharp, KDDI to turn old factory into Nvidia-powered AI data center

Exclusive: Japanese partners will repurpose shuttered Sakai LCD plant

3 June 2024
Foxconn plans to mass-produce the Foxtron Model B next year. (Photo by Hideaki Ryugen)
Electronics

Apple assembler Foxconn turns to EVs and AI servers for next growth

Taiwan contract manufacturer seeks to partner with Japanese automakers

1 June 2024
Visionox ranks fourth in global OLED panel share behind Samsung, LG Display and BOE. (Visionox)
Companies

China's Visionox turns up heat on Samsung, BOE in OLED panels

Display maker to spend $7.6bn for factory using leading 8.6-gen technology

28 May 2024
BOE broke ground in March on an $8.7 billion cutting-edge OLED production site northwest of Chengdu. (Photo by Shunsuke Tabeta)
Technology

China's BOE chases South Korean rivals in OLEDs with new factory

LCD market leader races for newest production tech, eyeing second success story

28 May 2024
Panasonic Holdings is advancing a three-pronged growth strategy of electric-vehicle batteries, heat pumps and supply chain management. (Photo by Masayuki Kozono)
Business deals

Panasonic to sell projector business to fill growth war chest

Visual tech has been used in Olympics, other big events

22 May 2024