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Hit by yen, Thai floods, Sony sees wider net loss

(AP) -- Battered by weak TV sales, a strong yen and production disruptions from flooding in Thailand, Sony Corp. on Thursday reported a net loss of 159 billion yen ($2.1 billion) for the October-December quarter and projected ...

High-tech companies take on urban design with smart cities

Hitachi Ltd., Toshiba Corp. and other major Japanese electronics makers are increasingly turning their sights toward "smart city" projects designed to create eco-friendly, energy-efficient communities.

Sony headed for fourth straight year in the red

(AP) -- Sony reported a 27 billion yen ($346 million) loss for the latest quarter and downgraded its annual earnings forecast Wednesday to stay in the red for the fourth year straight, battered by the strong yen and poor ...

Moody's lowers Sony rating outlook

Ratings agency Moody's Tuesday lowered the outlook for Sony's A3 long-term debt rating to "negative" as the global electronics giant faces weakening demand for LCD televisions.

Japan's Sharp to stop sales of Galapagos tablets

Japan's Sharp Corp. said Thursday it will stop production and sales of the original editions of its "Galapagos" tablet computer, just nine months after it was launched.

Sony, Toshiba, Hitachi join forces in displays

(AP) -- The display businesses of three major Japanese electronics makers are joining forces to become more competitive in small and medium-sized panels - a sector that's expected to grow because of the popularity of smartphones ...

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).

Sony shares tumble over latest cyber attack

Sony's share price fell more than three percent to a two-year low Monday after the latest online attack against the Japanese electronics and entertainment giant targeted its European subsidiary.

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.

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