Nokia abandons Japan market

Nokia Corp., battered by the popularity of smartphones, is abandoning the Japanese market, after a brief foray with luxury cell phones costing as much as 20 million yen ($250,000).

Lenovo targets German market with bid for Medion

Chinese computer maker Lenovo said Wednesday that it would buy the electronics group Medion of Germany to double Lenovo's share of Europe's biggest personal computer market.

Japan's Sharp sees deeper net loss

Japanese electronics giant Sharp Corp. said that it had fallen deeper in the red than expected in the past year, suffering its first-ever loss due to the economic downturn.

Panasonic sells health unit to US buyout firm for $1.67 bn

Panasonic said Friday it was selling a majority stake in its health unit to US buyout firm Kohlberg Kravis Roberts (KKR) for $1.67 billion as the struggling electronics giant overhauls its vast business.

page 2 from 2