Companies

Panasonic to give Southeast Asia more latitude in electronics

OSAKA -- Panasonic has firmed up plans for assigning headquarters functions to Southeast Asia as early as this summer for consumer electronics operations there. Planning and development of products will be localized, shifting decision-making auth...

  • Spring Airlines plots high-altitude course with travel savvy

    SHANGHAI/TOKYO -- Nearly a decade after founding China's first low-cost carrier, Spring Airlines Chairman Wang Zhenghua would seem to have his sights set as high as ever. In fact, he wants the company to vault past the competition in China, Japan...

  • China's Spring Airlines plans major expansion of Japan routes

    SHANGHAI/TOKYO -- If all goes according to plan, Chinese low-cost carrier Spring Airlines will be flying customers to Japan from 20 Chinese cities about five years from now, says Chairman Wang Zhenghua. The airline flies to only four Japanese des...

  • Fujitsu to focus on customer service at US data centers

    TOKYO -- Fujitsu plans to open two new data centers in the U.S. this May and then double the count in 2016, offering Japanese-style customer service to differentiate itself from rivals like Amazon.com and win corporate business. Investment over t...

  • Tokyo Otaku Mode selling replicas of manga art

    TOKYO -- Tokyo Otaku Mode, a U.S. social networking site specializing in Japanese anime and manga, is expanding its online retailing business. The company mostly deals in its own goods, but is now handling products developed by Japanese publisher...

  • Fuji Oil to end production at typhoon-wrecked Philippine plant

    OSAKA -- Japan's Fuji Oil said Thursday it will no longer produce coconut oil on the Philippine island of Leyte since its factory there was severely damaged by a storm last fall. A plant operated by subsidiary New Leyte Edible Oil Mfg. was almost...

  • Subaru maker giving electric cars another go via Toyota tie-up

    NEW YORK -- Fuji Heavy Industries will re-enter the electric-vehicle business to comply with emission regulations in the U.S., the market the company considers its top priority, President Yasuyuki Yoshinaga has told the Nikkei. Previously, the ma...

  • Teijin to set up development center in China

    NANTONG, China -- Japanese fiber and chemicals manufacturer Teijin said Thursday that it will open a facility to develop textile products in the Jiangsu Province city of Nantong. The development center will house equipment to evaluate and analyze...

  • Hitachi Zosen lands deal for Indian waste-to-energy plant

    OSAKA -- Hitachi Zosen has become the first Japanese company to win an order from India for a garbage incinerator, with local components helping to cut the price to 10% as much as in Japan. Work on the waste-to-energy plant, which will supply ele...

  • Taiwan's cycling godfather leads industry to higher ground

    TAIPEI -- A soon-to-be 80-year-old will set off from Taipei on a bicycle tour of Taiwan on May 1. The plan is to complete a 1,000km road trip of the country in just 12 days. The man is King Liu, founder and chairman of Giant Manufacturing, the world...

  • China's SAIC Motor buffs up brand with new drivetrains

    SHANGHAI -- Armed with a new powertrain developed with General Motors, SAIC Motor, China's largest state-owned carmaker, is rolling out new cars sold under its own marque. SAIC, formerly known as Shanghai Automotive Industry, and GM have develope...

  • Suzuki aims for car that gets 40km per liter

    TOKYO -- Suzuki Motor says it will create cars that can run for 40km per liter of gasoline by improving its existing technologies. The moves comes as Suzuki seeks to reinforce its presence in emerging economies, where demand for efficient cars is...

  • Tata Consultancy refocusing on quality

    MUMBAI/TOKYO -- Tata Consultancy Services, India's largest IT services company, has enjoyed consistent success over the past several years. But as it reaches the limits of a business model reliant on force of numbers, it is aiming higher at more soph...

  • Toyota overhauls Camry to counter Hyundai's spiffy new Sonata

    NEW YORK -- Toyota Motor unveiled an upgraded Camry sedan at the New York Auto Show on Wednesday, counting on the sportier-looking sedan to steal the spotlight from Hyundai's all-new Sonata. The 2015 Camry, to debut this fall, features a bolder g...

  • Taisho teams up with venture on new biologic drugs

    TOKYO -- Taisho Pharmaceutical will develop nucleic-acid-based medications with help from a pharmaceutical startup, aiming to tap into the growing market for next-generation prescription drugs. Ribomic, established in 2003, uses technology from t...

  • Toyota dealership extends reach to Thailand

    TOKYO -- Toyota Corolla Shin Osaka has opened a dealership in a northeastern Thai province near the border with Laos where it sees demand growing as road infrastructure improves. The Osaka company invested about 1 billion yen ($9.69 million) in i...

  • China's Juneyao Airlines mulling service to Fukuoka, Nagoya

    OSAKA -- China's Juneyao Airlines is considering providing regular flights to Fukuoka Airport and Chubu Airport near Nagoya, company officials told a press conference here on Wednesday. The Chinese carrier is looking to launch the service between...

  • Mt. Gox likely going into liquidation

    TOKYO -- A Tokyo court turned down Mt. Gox's request for rehabilitation Wednesday, a development that likely spells the end of what was once the world's biggest bitcoin exchange. "It is expected that the court will order the commencement of bankr...

  • Mahindra & Mahindra bets India will love electric cars -- eventually

    MUMBAI, India -- Indian automaker Mahindra & Mahindra has made a name for itself as a pioneer in the country's SUV market. But now, looking to cultivate new demand in one of the world's most populous countries, the company is aiming to outpace its ri...

  • Sony fights to revive TV business with 4K

    TOKYO -- Sony aims to whip its money-losing television business back into shape by focusing on ultrahigh-definition 4K technology. But despite the company's early lead, overseas rivals are catching up. A 4K TV boasts four times the resolution of ...