Related topics: iphone · sony corp

Panasonic to abandon consumer smartphones

Japanese electronic giant Panasonic said Thursday it will abandon research into new smartphones for retail consumers at home as it struggles to make inroads in a sector dominated by Apple and Samsung.

Sony back in black on cheap yen, healthier sales

Sony Corp. is back in the black for its fiscal fourth quarter, recording a 93.9 billion yen ($948 million) profit, with big help from a weaker yen that boosts overseas earnings.

Cheap yen a boon and a risk for Japan companies

(AP)—As the yen weakens, famous Japanese exporters from Toyota to Nintendo are getting a boost but the favorable exchange rate also carries risks by insulating some companies from pressure to overhaul their businesses.

Sony April-December loss shrinks 75%

Japanese electronics giant Sony said on Thursday that its net loss from April to December shrank 75 percent on-year and added that it remains on track to achieve its forecast of a full-year profit.

Panasonic, Sharp expect red ink despite yen help

Japanese electronics makers Panasonic Corp. and Sharp Corp. both stuck to full year forecasts for massive losses even as results for the latest quarter got a boost from the weaker yen.

CEO says Sony is on track for comeback

Sony Corp., the struggling Japanese electronics and entertainment company, is headed in the right direction although its comeback is not yet complete, its chief executive said Thursday.

Japan's Sharp in TV tie-up talks with Lenovo

Shares in struggling Japanese electronics maker Sharp shot up 7.30 percent on Thursday on reports it is in talks with Chinese computer giant Lenovo Group to work together on the production of televisions.

Sharp shares soar in Tokyo on profit report

Sharp shares jumped nearly 13 percent in Tokyo trading on Friday after a Japanese media report said the embattled electronics giant logged an operating profit in the last quarter of 2012.

page 3 from 7