Edition:
United States

Makiko Yamazaki

Apple supplier Japan Display's net worth negative after tenth quarterly loss

Aug 09 2019

TOKYO Cash-strapped Japan Display Inc reported a tenth consecutive quarterly loss and a negative net worth, hit by weak iPhone sales at Apple Inc, increasing the urgency for the firm to close a proposed bailout with a Chinese group.

Japan greenlights first South Korea export since July curbs, but with a warning

Aug 08 2019

SEOUL/TOKYO Japan has approved shipment of a high-tech material to South Korea for the first time since imposing export curbs last month, but doubled down on political pressure and warned it could broaden restrictions on deliveries to its Asian neighbor.

South Korea says 'won't be defeated again' as Japan trade row spirals

Aug 02 2019

TOKYO/SEOUL South Korea fired back at Japan over a deepening trade dispute on Friday, pledging it would not be "defeated again" by its neighbor, laying bare decades-old animosity at the root of a row over fast-track export status. | Video

Panasonic first-quarter profit nearly halves on China, Tesla woes

Jul 31 2019

TOKYO Panasonic Corp reported its first-quarter operating profit nearly halved, as Sino-U.S. trade tensions dampened demand for its components business in China and the battery business with Tesla Inc remained in the red.

Sony surprises with record profit as image sensor demand offsets weak gaming

Jul 30 2019

TOKYO Japan's Sony Corp surprised the market by reporting on Tuesday a record first-quarter operating profit despite the slowing gaming business, as strong demand for multiple-lens camera systems for smartphones boosted sales of image sensors. | Video

Toshiba Memory sees 'good chance' of M&A in push for data center business

Jul 22 2019

TOKYO Japan's Toshiba Memory said there was a "good chance" of acquisitions as it pushes to increase its share of the market for advanced storage products used in data centers.

UPDATE 2-Akebono Brake to receive $185 mln for turnaround, shares climb

Jul 18 2019

* Akebono plans to ask for 50 bln yen debt waiver - Nikkei (Adds Nikkei report on debt waiver request)

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