Isabel's Feed
Jul 13, 2011

Mitsui says has agreement for control of Singapore’s Portek

TOKYO/SINGAPORE, July 13 (Reuters) – Japanese trading house
Mitsui & Co said on Wednesday it had an agreement to
acquire majority control of Singapore’s Portek International
after launching a S$221 million ($180 million) bid for
the port operator.

Mitsui offered to pay S$1.40 per share for Portek, higher
than a bid announced last month by the Philippines’
International Container Terminal Services Inc , which
offered to pay S$1.20.

Jul 6, 2011

Lenovo’s China launch raises questions over game console ban

TOKYO, July 6 (Reuters) – Lenovo’s launch of a home
videogame console in China this year may throw into question the
country’s decade-old ban on the gadgets and could eventually
open the $5.8 billion Chinese game market to Sony Corp
and Microsoft .

Eedoo Technology, a games subsidiary of PC giant Lenovo
Group , plans to launch its iSec console, a
gesture-controlled gadget akin to Microsoft’s Kinect, in China
in September or early October, Zhang Zhitong, a company
spokesman said. He declined to say if it had official
permission.

Jul 5, 2011

Japan’s Fujifilm aims to be world No. 3 in cameras

OMIYA, Japan (Reuters) – Japan’s Fujifilm (4901.T: Quote, Profile, Research, Stock Buzz) aims to become the world’s fourth largest camera maker by next March and the No. 3 manufacturer two years later, overtaking first rival Samsung (005930.KS: Quote, Profile, Research, Stock Buzz) and then Nikon (7731.T: Quote, Profile, Research, Stock Buzz), a senior company executive said.

Until recently best known for inexpensive models, Fujifilm may also re-enter the more lucrative interchangeable lens camera market from which it withdrew in 2009, Takeshi Higuchi, head of the company’s camera division, said in an interview with Reuters on Monday.

Jul 5, 2011

Canon considering compact mirrorless camera

TOKYO (Reuters) – Canon, the world’s largest maker of digital cameras, is exploring the possibility of launching a mirrorless model, featuring many of the capabilities of an upmarket single-lens reflex camera in a more compact body, a senior company executive said.

Masaya Maeda, head of Canon’s camera division, also said the company had restored camera production to pre-quake levels at the end of June, after supply chain woes hampered output after the March 11 disaster, and it now plans to hike production capacity in Taiwan.

Jul 4, 2011

Fujifilm aims to be world No. 3 in cameras

OMIYA, Japan (Reuters) – Japan’s Fujifilm aims to become the world’s fourth largest camera maker by next March and the No. 3 manufacturer two years later, overtaking first rival Samsung and then Nikon, a senior company executive said.

Until recently best known for inexpensive models, Fujifilm may also re-enter the more lucrative interchangeable lens camera market from which it withdrew in 2004, Takeshi Higuchi, head of the company’s camera division, said in an interview with Reuters on Monday.

Jun 29, 2011

Japan mobile gaming firm Gree targets 1 billion users

TOKYO (Reuters) – Japanese mobile social gaming firm Gree will aim for 500 million to a billion users worldwide, rivaling Facebook, the company’s founder and chief executive said on Wednesday.

Gree this year paid $104 million to buy fast-growing U.S.-based mobile social gaming platform OpenFeint, which has 90 million users worldwide and is adding 2.8 more per second.

Jun 28, 2011

Sony says protecting content made it hackers’ target

TOKYO, June 28 (Reuters) – Sony Corp believes it
was targeted by hackers because it tried to protect its
intellectual property, CEO Howard Stringer told a shareholders’
meeting at which he sidestepped a call for him to step down over
the incident.

Sony has been under fire since hackers in April
accessed personal information on 77 million PlayStation Network
and Qriocity accounts, 90 percent of which are users in North
America or Europe.

Jun 23, 2011

NTT DoCoMo: Tata Teleservices would likely struggle for some time

TOKYO (Reuters) – Japan’s largest mobile carrier, NTT DoCoMo, wants to invest in a Vietnamese content provider, a senior company executive in charge of global business told Reuters in an interview on Thursday.

Masatoshi Suzuki also said that Tata Teleservices, in which DoCoMo holds a 26 percent stake, would likely struggle for some time to make a profit, though he expected the number of subscriptions to rise by more than 20 million this year from nearly 90 million at the end of March.

Jun 23, 2011

NTT DoCoMo: looking to invest in Vietnam content company

TOKYO, June 23 (Reuters) – Japan’s largest mobile carrier,
NTT DoCoMo , wants to invest in a Vietnamese content
provider, a senior company executive in charge of global
business told Reuters in an interview on Thursday.

Masatoshi Suzuki also said that India’s Tata Teleservices,
in which DoCoMo holds a 26 percent stake, would likely struggle
for some time to make a profit, though he expected the number of
subscriptions to rise by more than 20 million this year from
nearly 90 million at the end of March.

Jun 20, 2011

Panasonic sees annual profit down 11 percent after quake

TOKYO (Reuters) – Japan’s Panasonic Corp forecast on Monday its full-year operating profit would drop 11 percent to 270 billion yen (2 billion pounds) in the year to March 2012, after the earthquake and tsunami in northern Japan hit production and sales.

Like many of its rivals, Panasonic delayed its profit forecast due to lack of clarity about the effects of the quake.