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  • Japan appliance makers

    Rinnai thrives on ability to adapt overseas

    NAGOYA -- Japanese gas appliance maker Rinnai has built an Asian empire on a foundation of localized expertise and strong brand recognition, drawing 45% of its sales from overseas to power growth as its domestic market contracts.Rare successIn South

    February 9, 2016 06:34 am JST
  • Sharp's downfall

    As company bled, myopia widened the wound

    TOKYO -- With Sharp apparently set to rehabilitate under Taiwan's Hon Hai Precision Industry, important lessons lie in how the once-mighty Japanese electronics manufacturer ended up in such a sorry state. "Hon Hai's proposal had many holes at fi

    February 9, 2016 06:00 am JST
  • Japan to extend $1m in aid to Taiwan for deadly quake

    TOKYO (Kyodo) -- Japan said Monday it will extend $1 million in aid to Taiwan for disaster relief and reconstruction following Saturday's deadly earthquake that rocked the south of the island. Japan will offer the aid to the Red Cross Society o

    February 8, 2016 05:50 pm JST
  • Sharp rescue

    Companies named in state-funded bailout look for plan B

    TOKYO/OSAKA -- As Japanese electronics maker Sharp leans toward a deal with Taiwan's Hon Hai Precision Industry, companies that were part of a domestically focused rehabilitation proposal are looking for alternatives should their plans unravel.

    February 8, 2016 05:30 am JST
  • Taiwan quake death toll rises to 34, over 120 people missing

    TAIPEI (Kyodo) -- The death toll from Saturday's powerful earthquake that felled multistory buildings in southern Taiwan rose to 34 on Sunday evening, with emergency response officials racing against time amid fears that more than 120 people may be

    February 8, 2016 04:37 am JST
  • CEO in the news

    Terry Gou: Mercurial warlord of business

    TAIPEI -- Foxconn Technology Group has been chasing Sharp, the embattled Japanese electronics conglomerate, since 2011, and the hunt reveals much about the strengths and weaknesses of Terry Gou, the 65-year-old Taiwanese founder of the world's large

    February 7, 2016 11:00 pm JST
  • Taiwan quake death toll hits 24, over 120 people missing

    TAINAN, Taiwan (Kyodo) -- The death toll from a powerful earthquake that caused buildings to collapse in the southern Taiwanese city of Tainan early Saturday rose to 24 people on Sunday, with emergency response officials also saying as many as 120 m

    February 7, 2016 05:35 pm JST
  • Over 130 people still trapped in quake-hit Taiwan tower -official

    TAINAN, Taiwan (Reuters) -- A total of 132 people are still trapped beneath the rubble of a Taiwan apartment tower that collapsed in a powerful earthquake on Saturday morning, a local government official said on Sunday. The total is much higher

    February 7, 2016 09:16 am JST
  • Sharp, Foxconn

    Taiwanese suitor, Japanese maiden begin horse trading

    OSAKA -- Japan's Sharp and Taiwan's Hon Hai Precision Industry are down to horse trading. Just how much of Sharp does Hon Hai, also known as Foxconn, want to buy? And how much control does Sharp want to relinquish? Sharp has been teetering o

    February 7, 2016 02:33 am JST
  • TSMC

    Earthquake has limited impact on operations

    TAIPEI -- Taiwan Semiconductor Manufacturing Co., the world's biggest contract chipmaker, on Saturday said some wafers might have been damaged by a powerful earthquake that shook southern Taiwan in the morning but that it expects current quarter shi

    February 6, 2016 11:16 pm JST
  • Taiwan quake kills at least 12, fells apartment block

    TAINAN, Taiwan (Reuters) -- A powerful earthquake struck Taiwan early on Saturday killing at least 12 people, most in a 17-storey apartment building that collapsed, with some people still known to be missing in the ruins of the complex as night fell

    February 6, 2016 10:38 pm JST
  • TSMC says Q1 shipments unaffected by quake, no damage at other Apple suppliers

    TAIPEI (Reuters) -- Apple Inc supplier Taiwan Semiconductor Manufacturing Co Ltd (TSMC) said some silicon wafers were damaged at a plant in southern Taiwan where an earthquake hit early on Saturday, but that first-quarter shipments would be unaffect

    February 6, 2016 02:38 pm JST
  • Powerful earthquake causes damage in southern Taiwan

    TAIPEI (Reuters) -- A powerful earthquake struck southern Taiwan on Saturday near the city of Tainan, toppling at least one apartment building and collapsing other structures although there were no immediate reports of deaths or serious injuries.

    February 6, 2016 07:36 am JST
  • Sharp, Foxconn

    Companies shoot for final deal by month's end

    OSAKA -- Taiwan's Hon Hai Precision Industry, or Foxconn, aims to finalize by the end of the month a deal to acquire ailing Japanese electronics maker Sharp, with the two having reached a preliminary agreement Friday, Chairman Terry Gou said. Go

    February 6, 2016 07:30 am JST
  • January PMI

    Export woes pummel South Korea production

    HONG KONG -- South Korea's manufacturing activity softened again in January after a brief recovery at the end of 2015. The Nikkei South Korea Purchasing Managers' Index, or PMI, slipped back to contractionary territory, at 49.8, from last December's

    February 5, 2016 07:00 pm JST
  • Foxconn, Sharp

    Hon Hai expected to send executives to Japan

    OSAKA -- Taiwan's Hon Hai Precision Industry on Friday began arranging to send executives to Japan's Sharp, in preparation of its expected acquisition of the struggling Japanese electronics maker. The Taiwanese business, better known as Foxconn,

    February 5, 2016 02:35 pm JST
  • Nikkei PMI

    Business services lead Asian growth in January

    TOKYO -- The Nikkei Asia Sector Purchasing Managers' Index, or PMI, for January showed increased business activity in 14 of the 19 industries monitored. Commercial and business services grew the strongest among all industries. Healthcare ser

    February 5, 2016 11:00 am JST
  • Sharp bailout

    Takeover seen powering Foxconn's growth outside Apple

    TAIPEI -- Hon Hai Precision Industry, also known as Foxconn, views its bid to acquire Japanese electronics maker Sharp as an investment in growth, enabling it to cut reliance on smartphone giant Apple as the contract manufacturing market slows.

    February 5, 2016 07:10 am JST
  • Sharp bailout

    Chairman's appeal put Foxconn in lead

    OSAKA -- A persuasive appeal from Hon Hai Precision Industry's chairman helped turn talks on Sharp's bailout in the company's favor, winning over higher-ups and a key creditor.Big personalityTerry Gou, chairman of the Taiwanese contract manufacturer

    February 5, 2016 06:30 am JST
  • TPP

    Japan, US politics could push ratification back to 2017

    TOKYO -- The Trans-Pacific Partnership trade deal that was signed Thursday may not take effect until 2017 or later amid political roadblocks in Japan and the U.S., the two countries most crucial to the process. TPP members hope to expand the dea

    February 5, 2016 06:00 am JST