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  • Toshiba shares soar on reported Hon Hai plan for US plant

    TOKYO -- Toshiba shares soared in morning trading in Tokyo on Thursday, after a Japanese media report that Hon Hai Precision Industry, also known as Foxconn, plans to build a plant in the country as part of its buyout bid for Toshiba's memory busine

    April 20, 2017 04:00 pm JST
  • Sharp's corporate culture undergoing massive change

    TOKYO -- Radical changes in personnel management are impacting Sharp's corporate culture. Parent company Hon Hai Precision Industry of Taiwan -- better known as Foxconn -- is paying no heed to traditional Japanese management practices as it pushes d

    April 20, 2017 03:30 pm JST
  • India's Flipkart karts in $1.4bn from Tencent, eBay and Microsoft

    NEW DELHI India's e-commerce boom has triggered an intense battle for supremacy, with the top two players pulling no punches and deep-pocketed global investors swooping in.The homegrown Flipkart, India's largest e-tailer, on April 10 announced it ha

    April 20, 2017 10:00 am JST
  • Toshiba keeps fighting, but its future looks grim

    TOKYO Toshiba's problems just won't go away. The company failed to get its auditor's approval of a delayed earnings report. The sale of its prized memory chip business is faltering. And wary creditors are casting doubt over future funding. It's defi

    April 20, 2017 10:00 am JST
  • Calvin Koh

    Asian sports could spark global virtual reality breakthrough

    The sandy shores of Copacabana Beach were thousands of miles away for most sports fans, but many were able to soak up the atmosphere at the Rio de Janeiro Olympic Games thanks to 300 hours of virtual reality coverage, from beach volleyball to the op

    April 18, 2017 08:57 pm JST
  • Exclusive

    Foxconn eyes involving Sharp in Toshiba chip unit bidding

    OSAKA -- Hon Hai Precision Industry, now the parent of Japanese electronics giant Sharp, is considering including the Japanese unit in its bidding team attempting to buy Toshiba's spun-off chipmaking unit, The Nikkei learned Tuesday.Hon Hai, also kn

    April 18, 2017 02:00 pm JST
  • Sharp mulls jumping back into IT equipment business

    OSAKA -- Sharp President Tai Jeng-wu said Saturday the company is considering re-entering the information technology hardware business, including personal computers.The Japanese electronics manufacturer is weighing the possibility selling PCs and ot

    April 16, 2017 01:00 am JST
  • Tussle over Toshiba chip unit heats up as field thins

    TOKYO -- Though Toshiba has begun narrowing down the candidates to acquire its memory unit, no favorite has emerged, and the remaining players are doing all they can to gain an edge.About 10 enterprises participated in the first round of bidding for

    April 15, 2017 05:00 am JST
  • TSMC sees weak 2Q but strong 2H boosted by new iPhones

    TAIPEI -- Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, on Thursday said the second quarter ending in June would be a weak one, due to a slowdown in China and inventory correction in the smartphone, computer and con

    April 13, 2017 11:10 pm JST
  • China slowdown drags on Taiwan tech sales in March

    TAIPEI -- Sales at Taiwan's major tech companies decelerated sharply in March, pressured by a slowdown in Chinese smartphone makers and an unfavorable foreign exchange rate for the export-reliant electronics sector.Total revenue of the 19 tech compa

    April 12, 2017 09:12 pm JST
  • Taiwan's Pou Sheng shakes off January scandal with solid March sales

    HONG KONG -- Taiwanese sportswear retailer Pou Sheng International, a subsidiary of the world's largest contract footwear supplier Pou Chen, saw its share price jump following the announcement of robust consolidated monthly revenue for March.Althoug

    April 12, 2017 06:07 pm JST
  • Formosa Plastics worries China slowdown may dampen demand

    TAIPEI -- China's economic slowdown is the primary threat to petrochemical demand in that country this year, senior executives at Formosa Plastics Group, Taiwan's largest industrial conglomerate, warned Monday."The economies of Europe and the U.S. a

    April 11, 2017 01:00 am JST
  • Nikkei Asia300 Index loses as US rate caution, geopolitical risks weigh

    HONG KONG (Nikkei Markets) -- Asian stocks edged lower as the threat of rising U.S. interest rates and caution amid growing geopolitical tensions kept investors on the sidelines.The Nikkei Asia300 Index lost 0.1% or 1.5 points to 1,168.78. China Pet

    April 10, 2017 09:08 pm JST
  • Fingerprint chip provider Goodix eyes smart vehicles and connected devices

    BARCELONA/TAIPEI -- For Shenzhen Huiding Technology, also known as Goodix, a leading provider of the chips that underpin fingerprint technology in smartphones, being a Chinese company is a blessing.Goodix might not yet be a household name, but the u

    April 10, 2017 11:00 am JST
  • 'Have smartphone, will travel' is mantra of new Chinese tourists

    In preparation for my trip to Taiwan during this year's Chinese New Year holiday, I purchased a ticket through Ctrip.com, a major Chinese online travel agency that I often use, for a flight on China Eastern Airlines on Jan. 26, two days before the s

    April 8, 2017 03:00 pm JST
  • Nikkei Asia300 Index slips after US strikes Syria

    HONG KONG (Nikkei Markets) -- Asian stocks fell on Friday as investor nerves were rattled after the U.S. carried out a missile strike on Syria following a deadly chemical attack in the nation's rebel-held area.The Nikkei Asia300 Index slipped 0.4% o

    April 7, 2017 08:35 pm JST
  • Nikkei Asia300 Index slips on Fed minutes, China-US meeting nerves

    HONG KONG (Nikkei Markets) -- Asian stocks fell Thursday amid concerns the U.S. Federal Reserve will soon consider shrinking its balance sheet, and as caution ahead of a key meeting between U.S. and Chinese presidents kept investors on the sidelines

    April 6, 2017 08:25 pm JST
  • Panel innovators put the future on display in Tokyo

    TOKYO -- Thin, bendable panels and other next-generation display technologies are quickly making their way into everyday devices -- and not just TVs and smartphones.The latest visual marvels went on display in Tokyo on Wednesday at Finetech Japan. N

    April 6, 2017 04:00 pm JST
  • Taiwan business keeps heat on Tsai over labor reforms

    Taiwanese business leaders have blasted President Tsai Ing-wen's administration over labor reforms enacted last December, in a battle that says much about the demographic changes confronting the island economy.One of the pillars of the amended labor

    April 6, 2017 12:00 pm JST
  • Asia Inc. muddles through Brexit uncertainty

    TOKYO As the U.K. embarks on at least two years of negotiations to extricate itself from the European Union, Asian companies are weighing up the likely impact of Brexit on everything from banking to steelmaking. For many, the picture is not a promis

    April 6, 2017 10:00 am JST