japan

Sony Reported Strong Q1 Earnings

Sony Reported Strong Q1 Earnings

This week, Sony Corp (NYSE: SNE), the Japanese electronics and entertainment giant, reported its financial results for the first quarter ended June 30, 2017.According to the company, operating profits for the first quarter increased to $1.43 billion..

Nestle Building New Kit Kat Factory Plant in Japan

Nestle Building New Kit Kat Factory Plant in Japan

For more than 4 decades, Kit Kats has been developing a variety of wafer and chocolate snack flavors that have made the nation travel all the way to Japan as a tourist spot to enjoy these treats. As a result, Nestle SA (OTC: NSRGY) has decided to bu..

Toshiba Misses Deadline to Sell Chip

Toshiba Misses Deadline to Sell Chip

Toshiba’s sale of its memory chip unit for $18 billion has been pushed back due to disagreement of opinions within the consortium chosen as the preferred bidder. Western Digital was sued for interfering in the sale one day after the bid was re..

Takata Files for Bankruptcy

Takata Files for Bankruptcy

Japan’s Takata Corporation filed for bankruptcy protection in Japan and the United States and agreed to be acquired for $1.6 billion by Key Safety Systems which is Chinese owned and U.S. based. Takata faces tens of billions of dollars in costs..

Toshiba Picks the Preferred Bidder for its Chip Business

Toshiba Picks the Preferred Bidder for its Chip Business

On Wednesday, Toshiba Corp. named a preferred bidder for its chip business. The members of the Japanese consortium include the Innovation Network Corporation, a state-backed investment fund, as well as the American buyout firm Bain Capital and the D..

Nintendo is Gaining Market Share in Game Consoles Market

Nintendo is Gaining Market Share in Game Consoles Market

Nintendo Co., Ltd. (OTC: NTDOY) shares have increased more than 55 percent this year, thanks to the robust sales of its new home video game console Switch.The Japanese consumer electronics and video game company has sold 2.74 million of Switch ..

Bitcoin Retreats from Record High $3,000

Bitcoin Retreats from Record High $3,000

The cryptocurrency market is growing rapidly in the recent years. The overall market capitalization has already passed $100 billion to $113 billion. Bitcoin, one of the most popular digital currency, surged to above $3,000 for the first time on..