InfoAnda - Japan's high-tech giants suffer fresh pain

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Yellows return to Thailand's color-coded protests | 29 April 2010
Dictator Stalin strong contender for most popular Russian | International | | 28 December 2008
Israeli officials play down report of Iran-U.S. deal | | 3 September 2012

Is Chevron scared of Crude the movie? | Entertainment | | 10 September 2009

Forum Views () Forum Replies ()

Read more with google mobile : Japan's high-tech giants suffer fresh pain

Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World Japan's high-tech giants suffer fresh pain AFP - Friday, October 30 Send IM Story Print Japan's high-tech giants suffer fresh pain Slideshow: Full Photo Coverage: Business & Economy TOKYO (AFP) - – Some of Japan's biggest high-tech makers revealed fresh losses or plunging profits Thursday, underscoring the continued difficult conditions facing companies in the world's number two economy. Japanese electronics makers have been aggressively cutting costs and jobs to ride out the global economic downturn, but a strong yen and feeble worldwide demand for their products continues to weigh on earnings. Worldwide government stimulus measures have provided some support for consumer spending but there are concerns about what will happen as the effects of the pump-priming measures wear off. Hitachi, which makes everything from refrigerators to nuclear power systems, posted a net loss of 133.2 billion yen (1.5 billion dollars) for the six months to September. "Overall capital investment and final consumption are not picking up. Conditions remain severe," vice president Takashi Miyoshi told reporters. Hitachi is slashing up to 7,000 jobs after losing 787.3 billion yen in the year to March 2009 -- the biggest ever loss for a Japanese manufacturer. It kept its outlook for a net loss of 230 billion yen in the year to March 2010. Even Nintendo, once thought to be relatively resilient to the global recession, was unable to buck the broad industry decline, with net profit falling more than half to 69.49 billion yen in the first half to September. The Kyoto-based firm also slashed its full-year forecasts as sales of the Wii game console took a dive from an absence of hit new games, projecting a net profit of 230 billion yen, from an earlier projection of 300 billion yen. Nintendo recently cut the price of the Wii by a fifth in an effort to reinvigorate sales -- a move that also hit its profits. It was the first time that Nintendo has reduced the price of the family-friendly console since it was launched in 2006 with a motion-sensing controller that can simulate a gun, sword, golf club or orchestra baton. NEC, another big electronics maker that is cutting 20,000 jobs worldwide, said it had lost 43.6 billion yen in the first half, while Sharp Corp. fell 17.7 billion yen into the red. Sharp expects to return to the black in the full year to March 2010 with a net profit of 3.0 billion yen, but it cautioned that conditions remain difficult. The maker of Aquos liquid crystal display televisions warned that business could worsen early next year when stimulus measures wear off. "While business conditions in the October-December quarter may continue to improve, the market will become pretty severe in the January-March period," said Sharp vice president Toshishige Hamano. There were also fresh signs of pain in the auto sector. Mitsubishi Motors said it had fallen 36.40 billion yen in the red in April-September while Mazda booked a loss of 20.81 billion yen for the period. "The current economic situation is extremely severe," said Mitsubishi president Osamu Masuko. The bleak earnings news came despite some brighter news on the economy, with Japan's factory output rising 1.4 percent in August, for a seventh straight monthly gain -- the longest unbroken expansion in 12 years. Compared with a year earlier, however, output was down 18.9 percent, reflecting a plunge in production at Japan's plants and factories since the global economic downturn began. Recommend Send IM Story Print Related Articles VW counts on China for 2009 profit AFP - Friday, October 30 Dollar falls vs euro after U.S. Q3 GDP Reuters - Friday, October 30 WRAPUP 1-France Telecom wary on costs, Telenor shines Reuters - Friday, October 30 RPT-UPDATE 3-Vedanta unit Sesa Goa under fraud investigation Reuters - Friday, October 30 Indian rupee halts 3-day slide on export dlr sales Reuters - Friday, October 30 News Search Top Stories US exits recession, strongest growth in two years Scientists 'back bluefin tuna trade ban' Recovery hopes as Germany posts jobless fall Deutsche Bank reveals crisis-beating results Fibre may keep asthma, diabetes at bay, study finds More Top Stories » Related Full Coverage China Economychina economy All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended NASA rocket launch advances Moon mission dream Fibre may keep asthma, diabetes at bay, study finds Deutsche Bank strikes billion-euro takeover deal Ailing CIT gets $4.5 bln loan, rejects Icahn offer Darkest day for UN as Taliban kill 9 at Kabul hostel More Most Viewed » Boyzone singer Gately dies in Spain Mobile phone giant Nokia sues Apple over patents Huge dinosaur find in China 'may include new species' More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos Copyright © 2009 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

Other News on Friday, 30 October 2009
Iran proposes big changes to draft atom deal
Recovery hopes as Germany posts jobless fall
Scientists 'back bluefin tuna trade ban'
U.S. envoy back in Jerusalem to pursue peace talks | International |
Taliban vow to intensify pre-poll Afghan attacks
Dozens of security force members held over Baghdad bombs
Zelaya, de facto leaders resume talks in Honduras | International |
Iraq arrests senior officers, vows more over blasts
Report slams bank links to clusterbomb production | International |
Taliban vow more pre-poll attacks in Afghanistan
Pakistani forces find passport of 9/11 suspect: report | International |
No plan yet for U.S.-North Korea talks, U.S. says | International |
Blair's chances of winning EU president role slip | International |
IAEA had "good trip" to Iran enrichment site
Motorola looks to Google-powered phones for turnaround
Canadian court gives Rwandan life term for war crimes | International |
US, China wrap up high-level trade talks
S.Korea announces arrest of N.Korean spy
Obama honors fallen Americans at Dover
Obama stands vigil as war dead brought home
Police: Celeb-obsessed teens robbed famous victims
Ga. Rep. Lewis and ex-segregationist to get award
Asia must adapt to 'new world' despite recovery: IMF
The nation's weather
Malaysia's Islamic party tells men to marry single mums
Civil rights group to elect new president
San Francisco drivers face day 2 of tough commute
South Korean accused of spying for North Korea
Afghanistan ups voting centers for runoff
Till death do us part: Walmart.com selling caskets | Technology |
Taiwan's Ma seeks to calm uproar over US beef
Monster classes probe new vein of scholarship
Kidnappers of priest in Philippines still unknown
Obama to lay out plans to help small businesses
Could `Michael Jackson's This Is It' win an Oscar?
Police: Celeb-obsessed teens robbed famous victims
India's Reliance Industries Q2 profit dips 6.55 pct
Huge growth potential in China: Nissan CEO
Japan's high-tech giants suffer fresh pain
VW counts on China for 2009 profit
Nintendo profit dives, others in red amid slump
Panel recommends Japan Airlines seek rescue funds
Shipbuilder Hyundai Heavy 3Q profit rises 83 pct
Pakistan's forex reserves fall to $14.43 bln
Pakistani stocks end down; rupee weakens
Tests on treasured maize ignite fears in Mexico
Anti-graft commissioners arrested in Indonesia
John Lennon film brings London festival to an end
A film tells of Leo Frank and century-old crimes
Doctor wrote about kissing Anna Nicole in diary
Michael Jackson movie earns $20 million on 1st day | Entertainment |
"This Is It" a fascinating look at work in progress
Bahamian lawmaker avoids jail in Travolta mistrial | Entertainment |
George Lopez to host TV talk show | Entertainment |
Till death do us part: Walmart.com selling caskets
NBA introduces live games on U.S. mobile devices
Amazon.com rolls out shortcut for paying online
Obama to meet military brass on Afghanistan
Arctic Sea freighter docks in Malta's main port
Gameworld: Horror video games scare up record sales
Chevron tried to taint Ecuador toxic waste trial: lawyer
UN chief pleads for extra Afghan security
Honduras' Zelaya set to return to power | International |
RealNetworks back in the black, eyes Google tie-up
EU leaders in last push to break climate deadlock
Facebook outlines new privacy policy
British couple held at Somali pirate base
US rebounds from recession
Somali centenarian weds 17-year-old
Wall Street Journal closing Boston bureau
Iraqi security officials held in blast aftermath
Haiti Senate ousts Prime Minister Pierre-Louis | International |
China blocks 'Berlin Wall' Twitter page: organisers
Philippines braces for new storm, grounds ferries | International |
Dozens of security force members held over Baghdad bombs
Israel marks 14 years since Rabin assassination
IAEA: First Iranian response on enrichment deal
U.N. to launch global arms trade pact negotiations | International |
Hillary Clinton to meet Abbas, Netanyahu in Middle East
Nintendo to launch larger-screen DS for $222
Venezuela says three held in Colombia spy case | International |
Qaida-linked group claims rocket attack on Israel
Internet turns 40 with birthday bash
US scientist pleads not guilty in Israel spy case
IBO calls on Pacquiao to defend boxing title
No class, no cash: "Slumdog" kids miss school
Horror video games scare up record sales | Technology |
RealNetworks back in the black, eyes Google tie-up | Technology |
US sacrifice weighs on Obama after air base vigil
Clinton cites Pakistani inaction on al-Qaida haven
Obama review of Afghan war strategy at end stages
Hong Kong's ghostly seas warn of looming tragedy
Philly teens sentenced in fatal subway attack dare
Quake hits Afghan, Pakistan; no casualty reports
Gameworld: Horror video games scare up record sales | Technology |
EU denounces China's execution of two Tibetans
Quake hits Pakistan, Afghan; no casualty reports
Obama girls' vaccine: Favoritism or good example?
Myanmar opposition head unhappy with restrictions
Cellphone market growth raises pricing fears | Technology |
Philippines, China sign accords to improve ties: officials
Teen guilty of 4 slayings in Rochester, NY
McPrank: 4 Utah teens cited for McDonald's rap
Patrick Kennedy to meet RI bishop on health care
Japan's jobless rate drops to four-month low
Seoul shares up 0.8 pct on shipyards, Samsung Elec
US emerges from long recession
S.Korea spotted buying dlrs to curb won's gains -traders
Japan's jobless rate falls to four-month low: govt
S.Korean bonds edge down early, output data eyed
Standard Chartered weighs India, China listing
GE names Flannery head of India operations
New site promotes French luxury labels in China
Cairn India quarterly profit jumps 60 percent
Manhattan moves to Doha for Tribeca film festival
Actor Dennis Hopper battling prostate cancer | Entertainment |
US-ENTERTAINMENT Summary
Unknown Precious actress lives unlikely dream | Entertainment |
AFI Film fest launches free movie event in L.A.
Men in Black gearing up for third edition | Entertainment |
Foo Fighters mark 15 years with hits set, VH1 show
Bahamian lawmaker avoids jail in Travolta mistrial
U2 concert is YouTube's largest streaming event
AFI Film fest launches free movie event in L.A. | Entertainment |
Witness: Nanny saw defendants force drugs on Smith
Michael Jackson movie earns $20 million on 1st day
Foo Fighters mark 15 years with hits set, VH1 show | Entertainment |
Madonna promises light for Malawian village
Sting: Obama best person to handle world's 'mess'
Nicolas Cage's father, August Coppola, dead at 75
Afghan officials defend plan for more voting centers | International |
Multilingual web address system approved
Israel endorses draft Iran atom deal as first step | International |
Chirac faces trial over Paris 'ghost jobs'
EU sets 100 bln euro climate goal for poor states
Cellphone market seen returning to growth in Q4
Colombia, U.S. sign military cooperation deal | International |
Stalin-era killings unjustifiable: Russian president
Russia tycoon reveals U.S. trips, silent on visa row | International |
Myanmar arrests journalists, activists in crackdown | International |
France's Chirac ordered to face embezzlement trial | International |
At least 47 Congo policemen killed in ethnic clashes | International |
Bosnia Serb leader says has quit EU, U.S. talks | International |
After election win, Merkel may face new U.S. demands | International |
Zimbabwe accuses U.N. rights expert of provocation | International |
Latin to lose its domain over Internet addresses | Technology |
Al-Qaeda sleeper agent sentenced to more than 8 years
Facebook gets $711 million damages in anti-spam case | Technology |
Clinton hits out at Pakistan Qaeda silence
Typhoon forecast to slam into Philippine capital
Obama stands vigil as war dead brought home
Huge blaze at India oil depot, four dead
Thai princess says king to leave hospital soon
Indonesian president under fire over corruption fight
Prince Edward sparks Australia adventure controversy
Fugitive banker extradited from Canada to Thailand
Australian police question man over tourist's death
U.S. House unveils $894 billion healthcare bill
Bill Clinton nixed wife's VP chances, book reveals
Militants blow up Pakistan school, clinic: official
China calls for new era with Australia after crisis
India's Bharti profit up but warns of tougher times
Japan's Sony still stuck in the red
Seoul shares fall 0.3 pct; autos, techs decline
Militants dampening India growth: finance minister
China plans tourist destination near Macau: report
S.Korea Sept factory output jumps, beats forecasts
China's Nasdaq-style board off to soaring start
Next year looks tough for Pakistan
Born in Israel but unwanted by the Jewish state
Carrefour loses appeal in Taiwan
Without its Wall, Berlin an architectural free-for-all
Jackson movie thrills at global premiere
DC station airs demo of bare breast self-exams
Byron letters get nearly $460,000 at UK auction
Bullet hits Lou Dobbs' NJ home with wife nearby
Summer theater producer John Kenley dies at 103
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01