Sony records strongest Q2 profit as image sensor demand offsets slide in gaming earnings
Sony Corp. on Wednesday said operating profit jumped 16 percent in its strongest-ever result for a second quarter, as robust sales of image sensors offset a tumble in earnings from its gaming division. The results, which beat estimates, prompted the entertainment and electronics firm to ...
U.S. activist fund laments Sony's rejection of spinoff proposal for 'uncut rough stone' chip unit
U.S. activist hedge fund Third Point LLC expressed frustration Thursday over Sony Corp.'s decision to stick with the status quo and turn down a proposal to spin off its lucrative semiconductor business. "It is difficult for us to imagine that a company of Sony's size ...
Japan delaying export of key chipmaking material beyond 90-day limit, South Korea says
Japan is delaying export approval of a material vital to South Korea's semiconductor manufacturing industry, Seoul's trade ministry said in a statement as the bilateral trade fight shows no signs of abating. The trade ministry issued a statement Tuesday saying Japan has not approved the ...
Sony explains reasons for rejection of plan to spin off semiconductor business
Sony Corp. has clarified why it rejected a proposal by the U.S. hedge fund Third Point LLC that the electronics and entertainment giant spin off its semiconductor business. In June, Third Point announced a $1.5 billion investment in Sony and called on it to split ...
Elite Ushio lights the way to next-gen computer chips in Japan
Chipmakers have spent two decades pouring investment into a revolutionary new technique to push the limits of physics and cram more transistors onto slices of silicon. Now that technology is on the cusp of going mainstream, thanks to a secretive Japanese company that's mastered ...
Japan's curbs on high-tech materials exports to South Korea could backfire in long run
Japan's curbs on exports of high-tech materials to South Korea could backfire in the long run, eroding its dominance over a key link in the global chip supply chain, suppliers and experts have said. Japan tightened restrictions last month on exports of three chipmaking materials ...
Japan releases second batch of high-tech material to South Korea, sources say
Japan has approved shipments of the material to South Korea for the second time since imposing tighter export restrictions last month, sources said Tuesday.
Pompeo calls for 'standstill agreement' to give feuding Japan and South Korea time to cool off
A trade dispute between South Korea and Japan is threatening to spiral out of control, and both governments want the White House on their side. Now it seems their private messaging has helped spark a reaction from the United States. U.S. Secretary of State Mike Pompeo ...
Shares fall as Samsung reveals profit plunge and warns outlook unclear due to Japan export curbs
Samsung Electronics Co. warned Wednesday that Japanese controls on the export of chip-making materials was blurring its outlook and said it would delay a plan to return money to shareholders due to “significant new challenges.” The South Korean tech giant also posted a 56 percent ...
Concerned citizens slam Tokyo over downward spiral in ties with South Korea
As ties between Japan and South Korea spiral downward, a group of 75 mostly Japanese citizens worried about the situation criticized the government Friday for being “hostile and counterproductive” and treating South Korea “almost like an enemy.” The online petition, which calls for taking a ...
As Japan and South Korea clash at WTO over trade, rest of world reluctant to get involved
Dropping South Korea from Japan’s white list will probably affect ¥630 billion ($5.8 billion) in annual exports of microchip-making equipment, lawmaker Norihiro Nakayama said Wednesday.
Toshiba Memory to postpone IPO to next year due to low chip demand amid trade disputes
Toshiba Memory Holdings Corp. is set to postpone its initial public offering to early next year, dropping its original target of the end of this year, due to poor earnings amid sagging demand for semiconductors, sources said Thursday. The world's second-largest producer of flash memory ...
