Isabel's Feed
Dec 22, 2011

Elpida seeks tie-up with Taiwanese rival Nanya – Nikkei

TOKYO/TAIPEI, Dec 22 (Reuters) – Japanese chipmaker
Elpida Memory Inc will start tie-up talks next month
with Taiwanese rival Nanya Technology Corp, with a
view to a possible merger, the Nikkei business daily said on
Thursday.

The report comes as Japan’s last remaining player in the
dynamic random-access memory (DRAM) market struggles with
tumbling prices and loss of market share to South Korea’s
better-funded giants.

Dec 17, 2011

Japan media question containment of nuclear accident

TOKYO (Reuters) – Japanese media simmered with doubts on Saturday about a government announcement that the world’s worst nuclear accident in 25 years had been contained with the tsunami-stricken Fukushima Daiichi plant in a state of cold shutdown.

Prime Minister Yoshihiko Noda announced on Friday the cold shutdown meant the accident itself had been contained, though he added that the government faced a long and hard task in cleaning up radiation and dismantling the plant, which may take up to 40 years.

Dec 15, 2011

Sony eyes Vita push, feels Fitch heat

TOKYO, Dec 15 (Reuters) – Sony Corp, set to
report a $1 billion loss this year, is banking on a big slate of
new software to drive sales of its new PlayStation Vita handheld
games device, even as Fitch downgraded the Japanese electronics
giant to a notch above junk.

Welshman Andrew House, who took the top job at Sony Computer
Entertainment in September, must plot a much-needed success
story for the Vita, negotiating a minefield of consumer gloom
and competition from smartphones and tablet PCs such as Apple
Inc’s iPhone and iPad.

Dec 15, 2011

Sony hopes for Vita cheer, feels Fitch heat

TOKYO, Dec 15 (Reuters) – Into just his fourth month
as head of Sony’s videogames unit, Welshman Andrew House has to
plot a much-needed success story for the new PlayStation Vita
handheld games device, negotiating a minefield of consumer gloom
and competition from smartphones and tablet PCs such as Apple
Inc’s iPhone and iPad.

Sony Corp, the struggling Japanese electronics
giant which last month forecast a net loss of more than $1
billion this year, launches the Vita in Japan this weekend.

Dec 14, 2011

Nexon slips after Tokyo IPO, may sting Zynga debut

TOKYO (Reuters) – Online gaming firm Nexon Co slipped on its trading debut on Wednesday following a $1.2 billion (775 billion pound) IPO, Japan’s biggest this year, and may signal a bumpy ride for U.S.-based rival Zynga, which debuts on Nasdaq later this week.

Zynga, which has developed the popular FarmVille and Mafia Wars games for Facebook, has had to trim its near-$1 billion IPO – the largest from a U.S. Internet company since Google Inc in 2004 – because of weak financial markets. It is due to price its offering on Thursday.

Dec 14, 2011

Games company Nexon slips in Tokyo debut

TOKYO (Reuters) – Online gaming firm Nexon Co, an Asian rival to U.S.-based Zynga, slipped lower on its first morning of trading on Wednesday, following its $1.2 billion IPO, Japan’s biggest this year.

Nexon, founded in South Korea almost two decades ago, offers PC-based games for free, while charging users small fees for in-game virtual items such as clothing for avatars — a so-called freemium model that analysts see as relatively recession-proof.

Dec 13, 2011

Analysis: Olympus ex-CEO faces battle to win over shareholders

TOKYO (Reuters) – Michael Woodford faces a tough battle to regain the top job at Japan’s Olympus Corp (7733.T: Quote, Profile, Research, Stock Buzz) and repair the damage of a $1.7 billion accounting fraud he helped uncover — few Japanese shareholders or staff can be heard calling for his return.

Only 300 people have lent their names to an online campaign for his reinstatement as chief executive, set up last month by a former director, compared with the workforce of 40,000 people at the maker of cameras and medical equipment.

Dec 13, 2011

Olympus ex-CEO faces battle to win over shareholders, workers

TOKYO, Dec 13 (Reuters) – Michael Woodford faces a
tough battle to regain the top job at Japan’s Olympus Corp
(7733.T: Quote, Profile, Research) and repair the damage of a $1.7 billion accounting
fraud he helped uncover — few Japanese shareholders or staff
can be heard calling for his return.

Only 300 people have lent their names to an online campaign
for his reinstatement as chief executive, set up last month by a
former director , compared with the workforce of 40,000
people at the maker of cameras and medical equipment.

Dec 9, 2011

Panasonic plots fresh attempt on global phone market

TOKYO (Reuters) – Panasonic Corp will launch a smartphone in Europe next year, the latest Japanese maker to tiptoe late into a fiercely competitive market dominated by Samsung Electronics and Apple.

The move comes six years after Panasonic abandoned overseas sales of its feature phones, and weeks after its president, Fumio Ohtsubo, said he was slashing television production in a bid to speed up the ailing firm’s planned shift from consumer electronics to environmental and energy technology.

Dec 8, 2011

Nintendo denies report games designer Miyamoto to retire

TOKYO, Dec 8 (Reuters) – Nintendo Co Ltd on
Thursday denied a report that Shigeru Miyamoto, widely seen as
the world’s most influential games designer, would step down
from his current position and take a smaller role in the
company.

Wired magazine had quoted the 59-year-old creator of popular
games franchises including Super Mario Bros and The Legend of
Zelda as saying in an interview that he wanted to retire and
work on smaller projects, passing the torch to younger
designers.