JCB International and China Construction Bank Sign Card Issuing Partnership Tokyo, Jan 8, 2010 - (JCN Newswire) - JCB, the only international credit card brand based in Japan, and its international subsidiary JCB International (JCBI) today announced an alliance with China Construction Bank (CCB), a major commercial bank in China, for the issuing of JCB brand credit cards in China.
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Willcom Likely to File for Bankruptcy in Restructuring
(Feb 4, 2010)
Willcom Inc. will likely file for bankruptcy as part of a restructuring set to involve investment from a state-backed fund and Softbank Corp. Willcom, majority owned by U.S. buyout firm Carlyle, has been weighed down by heavy debts and has been struggling to expand its subscriber base in the country' saturated and fiercely competitive wirelss market. more info >>NEC Electronics 3Q Net Loss 30% Smaller Than Year Earlier
(Feb 4, 2010)
NEC Electronics Corp. had a quarterly net loss that was 29 percent smaller than a year earlier, as the struggling chipmaker cut spending on research and production. With better demand for microcontrollers used in cars, orders are gradually improving after sliding amid the global economic slowdown, although they are still expected to fall short of their April-September 2008 levels. more info >>Elpida Memory Reports First Net Profit in Nine Quarters
(Feb 4, 2010)
Elpida Memory Inc. had its first net profit in nine quarters on a surge in DRAM prices. Elpida, which received an injection of public money last year, is scrambling to migrate to advanced chips to keep up to output hikes by bigger rivals Samsung Electronics Co. and Hynix Semiconductor Inc. more info >>Toshiba 3Q Revenues Off, but Maintains Annual Targets
(Feb 4, 2010)
Toshiba Corp. had a smaller-than-expected operating profit as rising materials costs and tumbling PC and TV prices outweighed the benefits of a chip price recovery. Toshiba, the world's No.2 maker of NAND-type flash memory chips after Samsung Electronics Co., earned an operating profit of 10.22 billion yen (US$113.6 million) in October-December. more info >>KDDI 3Q Down 35% with Introduction of Discount Packages
(Feb 4, 2010)
KDDI Corp's net profit for the fiscal third quarter was down 35 percent on year due to the introduction of discount packages for mobile phone handset users. Japan's second-largest mobile phone service operator by subscriber after NTT DoCoMo Inc. generated a net profit of 67.4 billion yen (US$747 million). more info >>
