Japan's Hitachi posts US$1.5b interim loss Oct 29, 2009
com - Japan's Hitachi posts US#dollar;1 ... Japan's Hitachi posts US 1. (Channelnewsasia.com)
IT services in sweet spot as M&A gathers steam Oct 29, 2009
Possible acquirers could be tech giants such as IBM, Hewlett-Packard or Cisco, European players like BT or Deutsche Telekom and Asian companies like Hitachi, Fujitsu or NEC, analysts said. "There's definitely going to be some strategic acquisitions -- there's no doubt about that," Goldman Sachs analyst Julio Quinteros said. (India Times)
Sony, Toshiba, Hitachi face U.S. antitrust probe Oct 28, 2009
TOKYO (AP) Japanese electronics giants , and Hitachi said Tuesday that their optical disc drive operations are under investigation by U.S. authorities for possible antitrust violations ... Toshiba and Hitachi said they also received similar subpoenas for optical disc drive operations at their subsidiaries, Toshiba Storage Technology and Hitachi-LG Data Storage They also declined further comment. (USA Today -- Money)
India's nuclear drive sparks safety fears Oct 27, 2009
The government has approved a total of 15 new nuclear plants to be built at eight different sites, with firms including GE Hitachi, Toshiba Westinghouse, Areva and Rosatom vying for contracts worth an estimated US$100 billion. India has notified the International Atomic Energy Agency of its plans and 14 of its reactors will come under the nuclear watchdog's ambit by 2014. (Asia Times Online)
Sony, Toshiba, Hitachi Face Justice Department Probe of Optical Drives Oct 27, 2009
Sony, Toshiba, Hitachi Say Optical-Drive Units Probed (Update1) - Bloomberg ... Sony, Toshiba, Hitachi Say Optical-Drive Units Probed (Update1) ... Hitachi and Toshiba said today that they have been notified of the investigation, while Sony said last week that it has received a subpoena from the Justice Department. (Bloomberg -- Japan)
IBM Takes Aim at EMC, HDS with New Storage System Oct 24, 2009
Big Blue, which competes in the high-end storage market with EMC (NYSE: EMC) and Hitachi Data Systems (HDS), claims a big performance improvement for the new storage system, along with new solid state drive () management features. The uses new dual IBM Power6-based controllers and to provide a 150 percent performance boost over the. (EnterpriseStorageForum)
Energy watch Oct 24, 2009
This TV and face recognition software are the brainchild of engineers at Hitachi and so far it remains at prototype stage but has been trumped by Sony - which already has similar technology fitted to a production TV.. You might think that features like this are no more than a gimmick, but it does help highlight the more serious green credentials of televisions. (BBC News)
Home Entertainment Goes Wireless Oct 20, 2009
The chipmaker's Wireless Home Digital Interface technology, or WHDI, was co-developed with a who's who of consumer electronics companies, including Hitachi (), LG Electronics (), Motorola (), Samsung (), Sharp (), and Sony (). The first TVs and laptops to use it should start appearing on store shelves in early 2010. (BusinessWeek)
Researcher paves alternate path for hard drives Oct 20, 2009
Rival Hitachi Global Storage Technologies is working on a way to pattern tracks and even bit locations on media ... Indeed Hitachi GST and others have on versions of MAMR.. (EETimes)
ABB sees Q3 net profit of around $1 billion Oct 19, 2009
Brussels also fined Alstom SA and Areva T&D SA of France, and Asian companies Fuji Electrics, Hitachi and Toshiba. Power transformers modify the voltage in electricity transmission networks. (OregonLive, OR -- Business)
Cloud Storage, SSDs Take Center Stage at SNW Oct 15, 2009
Cloud computing and solid state drives () are dominating the product announcements at this week's Storage Networking World conference, with IBM (NYSE: IBM), Hitachi Data Systems (HDS), Sun Microsystems (NASDAQ: JAVA) and 3PAR (NYSE: PAR) among the vendors making news ... Hitachi, SNIA Lead Cloud Parade ... Hitachi Data Systems led the spate of cloud announcements this week, with the new Hitachi Content Platform that provides "security, reliability and multi-tenancy for cloud infrastructures.". (EnterpriseStorageForum)
Content & Communications World 2009 Exhibitor Profiles Oct 14, 2009
Mohawk is the approved OEM for multicore assemblies for Sony, Ikegami, Hitachi, JVC and Panasonic. . (Yahoo! Wire -- Entertainment News)
T-Mobile, Microsoft Promise $100 Gift Card For Lost Data Oct 13, 2009
The update offers no clarification about the reason for the data loss, which a widely cited claim has attributed to a botched Area Network upgrade that had been outsourced to Hitachi. Microsoft declined to comment on that rumor. (TechWeb)
T-Mobile Halts Sales of Sidekick Oct 13, 2009
One theory is that the problems cropped up as Hitachi was doing work on the storage network that manages the Sidekick data. T-Mobile has promised an update for customers sometime Monday. (CBS News)
T-Mobile Data Loss a Setback for Clouds? Oct 13, 2009
One circulating attributed the data loss to a failure to back up before Hitachi upgraded the Sidekick. Greg Schulz, senior analyst and founder of StorageIO Group, said the incident may not be a setback for the cloud as much as it is "a wake-up call and realization that cloud IT still involves physical servers, storage, I/O networks, software, people, processes and best practices. Granted, there have been some well-publicized stories of outages, downtime or data loss, of which supporters decry as... (EnterpriseStorageForum)
The great TV sale propaganda Oct 11, 2009
Actually, in-plane switching was a technology developed by Hitachi in 1996 ... Hitachi meanwhile, calls their UT (ultra thin) series of LCDs the "world's first ultra thin full HD LCD". (India Times, India -- Intl Business)
Movers and Shakers Oct 11, 2009
-- Hitachi Global Storage Technologies in San Jose has appointed Michael "Mick" Murray chief financial officer. Images. (San Francisco Chronicle -- Business)
Inquiry into IBM's business practices Oct 9, 2009
Past rivals, including Amdahl, Hitachi and Fujitsu, built computers that could run IBM software, which was a standard for mainframes. Most rivals abandoned their mainframe systems when IBM developed more advanced chips for its machines, in part because of the cost of moving to the new chips. (India Times)
EU fine for electronics 'rip-off' Oct 8, 2009
ABB of Switzerland, Alstom and Areva T&D of France, and Fuji Electrics, Hitachi and Toshiba were all fined. Siemens of Germany took part in the cartel but escaped a fine. (BBC News -- Europe)
Which chip makers will rule in 2018? Oct 2, 2009
In 1978, Texas Instruments Inc. and Motorola Inc. were the top two chip companies, followed by NEC Corp. and Hitachi Ltd.. In 1988, Japanese companies occupied the top 3 spots. (EETimes)
Panasonic and Renesas Start Operation of New Development Line for Leading-Edge SoC Process Technologies at the Renesas Naka Site Sep 30, 2009
Tokyo, Sept 30, 2009 - (JCN Newswire) - Panasonic Corporation and Renesas Technology Corp. announced today that they will concentrate their joint development functions for leading-edge SoC process technologies at the Renesas Naka site (in Hitachinaka City, Ibaraki Prefecture) and will start operation of their 28 to 32 nm process development line installed at that site from October 1, 2009 ... Established in 2003 as a joint venture between Hitachi, Ltd. (TSE:6501, NYSE:HIT) and Mitsubishi... (JCN Network, Japan)
L&T expects Rs 8k-cr revenue from nuke biz Sep 30, 2009
Over the past year, Lsigned co-operation agreements with GE Hitachi of the US, Atomstroy Export (ASE) of Russia, Toshiba Westinghouse of the US and Atomic Energy of Canada (AEC). The agreements are aimed at construction of nuclear power plants, using the designs suppliers by global players and supplying reactor equipment and systems, valves, electrical and instrumentation products. (India Times)
Drive makers at crossroads over next generation Sep 30, 2009
Rivals such as Hitachi Global Storage Technologies believe patterned media is a better next step. The approach uses new equipment to etch defined tracks and even bit locations on media. (EETimes)
Perot merger may spawn consolidation of tech firms Sep 26, 2009
Large makers of technology hardware have seen their products being commoditized, which puts pressure both on profits and ability to grow, according to Stephen Brant, managing vice president of market development at Dallas-based Hitachi Consulting, which does business and technology consulting. That is prompting them to buy up services companies, such as what Dell did this week with Perot Systems. (Dallas Business Journal, TX)
Former Corporate Benefits Manager Sentenced to 57 Months in Prison for Defrauding Health Care Plan of More Than $6 Million Dollars Sep 23, 2009
NEW YORK, Sept. 22 /PRNewswire-USNewswire/ -- Preet Bharara, the U.S. Attorney for the Southern District of New York, announced that Dennis M. Dowd, formerly the senior manager of human resources of Hitachi America Ltd. (Hitachi America), was sentenced today in Manhattan federal court to 57 months in prison for defrauding the Hitachi America Group Health and Welfare Plan (the Plan) of more than $6 million ... Hitachi America is a subsidiary of Hitachi Ltd., a Japanese corporation, and... (PR Newswire)
Brocade Connects Data Centers, Adds FCoE Blade Sep 23, 2009
Both extension products the 7800 and FX8-24 will be available through EMC (NYSE: EMC), Hitachi Data Systems (HDS) and HP (NYSE: HPQ) ... The FCoE 10-24 Blade will be available through EMC, Hitachi Data Systems, HP and NetApp (NASDAQ: NTAP). (EnterpriseStorageForum)
Review: SimpleTough USB 2.0 Portable Drive Sep 23, 2009
But , an company, has added new wrinkles with the Hitachi product ... Based on Hitachi s Travelstar 2. (SmallBusinessComputing)
'Renesas Electronics Corp' to become World's Third Largest Sep 23, 2009
Before the merger, loss-making Renesas will first issue shares to its parent firms, Hitachi Ltd. and Mitsubishi Electric Corp. to raise 78 billion yen ... 3 billion) to NEC Corp., Hitachi and Mitsubishi. (JCN Network, Japan)
GSMA Announces Release 2 Service Specification for Rich Communication Suite Sep 21, 2009
New participants in the RCS initiative include Belgacom, Hitachi, IBM, mobilkom austria, Tele2 Sweden and Telecom New Zealand, amongst others. The organisations working with the GSMA and collaborating as part of its RCS initiative are focused on driving the development and adoption of this industry-standard and enhanced communications service. (PR Newswire)
Gear up to Witness the Latest Innovations at "Broadcast India 2009 Exhibition & Conference" Sep 20, 2009
Present at the show will be some of the worlds leading manufacturers like Panasonic, Harris, Benchmark, VIZRT, Grass Valley, AVID, Playbox, da vinci, Seachange, Datavideo, Hitachi, Digital Vision, ARRI, Panther, P+S Technik, Cooke Optics, Canon, Dalet, RCS, Daxco, DVS, Digital Rapids, Sennheiser, Monarch D to name just a few. For complete list of exhibitors, please visit our website. (Yahoo! Wire -- Entertainment News)
* World Business Quick Take Sep 18, 2009
Existing Renesas Technology shareholders Hitachi and Mitsubishi Electric will own 30. 7 percent and 25. (Taipei Times, Taiwan -- Business)
New Air Force Magnetron May Help Defeat Enemy Electronics Sep 18, 2009
8, 2006) A team of researchers from NIST, the Seagate Research Center and Hitachi Global Storage Technologies have resolved the question of how nanoscale microwave transmitters gain greater signal power than. . (Science Daily)
IRB consolidates datacentre Sep 17, 2009
The project was undertaken by IT service provider Formis Network Services Sdn Bhd, which partnered with Unisys Malaysia, Hitachi Data Systems and VMware. Unisys handled the server consolidation portion of the project while Hitachi Data Systems managed the storage consolidation component. (The Star Online, Malaysia)
Optical Ethernet eyes low power, higher speeds Sep 17, 2009
The work involved 11 companies including branches of Hitachi, NEC and Ricoh, working for four years. The technology is targeted at serving a variety of systems ranging from 100 Gbit routers and future HDTVs, said Masahiro Aoyagi, a manager of the effort. (EETimes)
NEC Electronics Shares Climb After Renesas Technology Merger Announcement Sep 17, 2009
NEC will own 33 percent of the merged company, while Hitachi will hold a 31 percent stake and will have a 25 percent holding, according to yesterdays statement. To contact the reporter on this story: in Tokyo at. (Bloomberg -- Asia)
Japanese high-tech giants in cellphone merger Sep 15, 2009
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NEC, Casio, Hitachi to merge handset businesses Sep 15, 2009
Casio Hitachi Mobile Communications president Takeki Oishi (L), NEC executive director Akihito Otake (2nd L), Casio Computer executive Akinori Takagi (2nd R) and Hitachi director Shutoku Watanabe (R) join hands during a joint press conference in Tokyo on September 14, 2009. Japanese high-tech makers NEC, Hitachi and Casio said they had agreed to merge their mobile phone businesses in a bid to improve profitability ... TOKYO (AP) Japanese electronics makers , and Hitachi said Monday they will... (USA Today -- Tech)
NEC, Casio, Hitachi to Merge Mobile Phone Operations Sep 15, 2009
Japanese technology companies NEC, Casio Computer and Hitachi plan to merge their mobile phone businesses by next April to reduce costs, boost technological expertise and expand market share, the companies said in a joint statement. The deal will combine Casio Hitachi Mobile Communications Co, a joint venture formed by Casio and Hitachi five years ago, with NEC's mobile phone operations ... Casio Hitachi Mobile develops mobile phones such as the that make use of Casio and Hitachi imaging... (Yahoo News -- Technology)
Tip: 3 Key Elements to Data Archiving Sep 15, 2009
Storage hardware, from companies such as EMC, Hewlett-Packard (HP) Co., Hitachi and NetApp, receives the data to be preserved and specialized platforms handle encryption, protection, retrieval and destruction of data. Management software, from vendors like Abrevity Inc., Attenex Corp., Autonomy Corp., Clearwell Systems Inc., i365 (a Seagate Company) and Kazeon Systems Inc., provides services like search, classification and e-discovery capability. (Search Storage)
Full Story » Sep 15, 2009
NEC, Casio, Hitachi to Merge Mobile Phone Operations by PC World: Yahoo ... NEC, Casio, Hitachi to Merge Mobile Phone Operations ... Japanese technology companies NEC, Casio Computer and Hitachi plan to merge their mobile phone businesses by next April to reduce costs, boost technological expertise and expand market share, the companies said in a joint statement. (Yahoo News -- Technology)
Startup's flash drives ride serial-attached SCSI Sep 15, 2009
The company will compete with Hitachi Global Storage Technologies, STEC and Toshiba who are all working on flash drives using the SAS interface for business servers. Pliant is shipping a 300 Gbyte 3. (EETimes)
* NEC, Hitachi, Casio to co-develop handsets Sep 15, 2009
NEC, Hitachi, Casio to co-develop handsets ... NEC Corp, Japans third-largest mobile phone maker, Hitachi Ltd and Casio Computer Co agreed to jointly develop handsets to reduce costs ... 3 percent held by Hitachi, the statement said. (Taipei Times, Taiwan -- World Business)
Japan trio to merge mobile units Sep 15, 2009
Hitachi forecasts a net loss of 270bn yen this year. Japanese electronics groups Hitachi, Casio and NEC have announced plans to merge their mobile phone operations to cut costs and become more competitive ... By next year, NEC will own 71% of the new business, with Casio owning 20% and Hitachi holding a 9% stake. (BBC News -- Technology)
Casio Hitachi Mobile Communications to Merge with NEC's Mobile Terminal Unit Sep 14, 2009
TOKYO, September 14 /PRNewswire-FirstCall/ -- NEC Corporation (NEC; TSE: 6701), Casio Computer Co., Ltd. (Casio; TSE: 6952), and Hitachi, Ltd. (Hitachi; TSE: 6501/NYSE: ) today announced an agreement to integrate their mobile terminal businesses in April 2010 through the establishment of a joint venture company ... In 2004, Casio and Hitachi jointly established Casio Hitachi Mobile Communications Co., Ltd. (CHMC) as a mobile terminal business company ... CHMC capitalizes on image technologies... (PR Newswire)
NEC, Casio, Hitachi merging mobile phone businesses Sep 14, 2009
TOKYO: Japanese electronics makers NEC Corp., Casio Computer Co. and Hitachi said Monday they will combine their mobile phone handset-manufacturing operations by April next year in a bid to boost their competitiveness at home and abroad ... Under the move, NEC will join Casio and Hitachi's mobile joint venture set up in 2004 ... 74 percent stake, Casio 20 percent and Hitachi 9. (The Star Online, Malaysia -- Business)
TM Entertainment and Media, Inc. Announces First Half 2009 Financial Results for Hong Kong Mandefu Holding Limited (d/b/a China MediaExpress "CME") Sep 12, 2009
Mr. Cheng continued, Advertisers recognize the power of our platform and we are very proud of our impressive and growing list of more than 500 companies that advertise throughout our network, which include well-known domestic and international companies, such as Hitachi, China Telecom, Siemens, China Pacific Life Insurance, Coca-Cola, Pepsi, China Mobile and Bank of China. Several of these customers have been advertising with us for over three years. (Yahoo! Wire -- Entertainment News)
NEC, Hitachi and Casio to Merge Mobile Handset Operations Sep 11, 2009
Tokyo, Sept 10, 2009 (JCN) - NEC Corp., Hitachi Ltd. and Casio Computer Co. plan to merge their mobile handset operations. This will create the country's second-largest cellphone maker by shipments after Sharp Corp. The Japanese cellphone makers aim to boost profitability by consolidating operations to save money in a domestic market nearing saturation. (JCN Network, Japan)
Less Is More for Designers of "Right-Sized" Nuclear Reactors Sep 10, 2009
NRC has also received small-reactor applications from NuScale Power Inc., Toshiba Corp., and GE Hitachi. And the is also interested in small reactors -- thanks, in part, to mandates that its bases become more self-sufficient and to its head start with the nuclear technologies used to power naval vessels. (Scientific American)
Texas Memory Buys Virtualization Technology from Incipient Sep 10, 2009
"Others in that space have managed to do quite well," said Taneja, citing DataCore, IBM's (NYSE: IBM) SVC, Hitachi Data Systems' V Series and FalconStor (NASDAQ: FALC). Texas Memory Systems could use the technology to move into the market, or it could use it to migrate data from to disk drives, an approach that storage vendors such as Sun (NASDAQ: JAVA), Compellent (NYSE: CML) and EMC (NYSE: EMC) are working on to make sure that only the most critical or frequently accessed data sits on pricey... (EnterpriseStorageForum)
Hitachi Moves Into Midrange NAS Sep 9, 2009
Hitachi Data Systems (HDS) is moving a little closer to the midrange with help from longtime partner BlueArc. The new start at $70,000, so Hitachi isn't after the lower midrange NAS business of EMC (NYSE: EMC) and NetApp (NASDAQ: NTAP) just yet ... Based on BlueArc's Mercury NAS platform, Hitachi has added its Data Discovery Suite search and indexing and Hitachi Content Archive Platform (HCAP) archiving technology to create what the company calls Intelligent File Tiering, allowing customers to... (EnterpriseStorageForum)
Hitachi Announces to Transfer Hitachi Plasma Display's Miyazaki Works (Land and Buildings) to Showa Shell Solar Sep 8, 2009
Tokyo, Sept 7, 2009 - (JCN Newswire) - Hitachi, Ltd. (NYSE:HIT / TSE:6501) today announced that it has agreed in principle to transfer the land and buildings belonging to Hitachi Plasma Display Limited's Miyazaki Works, which manufactures TV plasma display panels, to Showa Shell Solar K.K.. Hitachi is pushing through business structural reforms to improve earnings, including ending the development and production of plasma display panels and procuring panels from Panasonic Corporation to... (JCN Network, Japan)
Global Business Leaders, Policy Makers, and NGOs Convene to Catalyze Partnerships and Kick Start Plans to Drive China's Greentech Market Sep 8, 2009
United through the China Greentech Initiative, leaders from Beijing Shougang, BP, Cisco Systems, Corning, Climate Change Capital, GE, Owens Corning, Hitachi, IBM, Philips, Shui On Land, Suntech, Volkswagen and dozens more focused on What's Hot, What's Not and Why during greentech market sector roundtables. Topics covered in the roundtables were based on the Initiatives' nine-month open source collaboration project and designed around an analysis of seven market sectors. (PR Newswire)
* QUICK TAKE Sep 4, 2009
The group, which includes Fujitsu Ltd, Toshiba Corp, Panasonic Corp, Hitachi Ltd and Canon Inc, intends to create a standard of power-saving processors by the end of March 2013, the Nikkei said yesterday. The Japanese Ministry of Economy, Trade and Industry will provide between 3 billion (US$32 million) and 4 billion to help fund the project, the report said. (Taipei Times, Taiwan -- Business)
HDS spotlights datacentre management tool Sep 3, 2009
KUALA LUMPUR: Storage solutions provider Hitachi Data Systems Corporation launched the Hitachi IT Operations Analyser Software that is designed to help businesses streamline their information technology operations ... Johnson Khoo, managing director of Hitachi Data Systems Sdn Bhd said the analyser software is part of HDS programme to help its customers do more with less. (The Star Online, Malaysia -- Technology)
Blog Rx: Prototypes aim to lower health care costs Sep 3, 2009
Kim's team is leveraging its history designing ultrasound systems and chips with companies including Hitachi, Philips and Texas Instruments. "Now we have all the digital technology for ultrasound including and front- and back-end processing that can be realized in chips selling for as little as $60," Kim said. (EETimes)
NEC Electronics and Renesas Merger Moves Forward Sep 3, 2009
Hitachi Ltd and Mitsubishi Electric Corp would allocate most of the 200 billion yen (US$2. 1 billion) in aid being discussed while NEC Corp would shoulder some of the restructuring costs. (JCN Network, Japan)
Blu-ray Disc Association Provides Updates On 3-D Technology Sep 2, 2009
Its leading members are Board of Directors consists of Apple Inc., Dell Inc., Hewlett-Packard Company, Hitachi, Ltd., Intel Corporation, LG Electronics Inc., Mitsubishi Electric Corporation, Panasonic Corp., Pioneer Corporation, Royal Philips Electronics, Samsung Electronics Co., Ltd., Sharp Corporation, Sony Corporation, Sun Microsystems, Inc., TDK Corporation, Thomson, Twentieth Century Fox, Walt Disney Pictures and Television, and Warner Bros. Entertainment. (Multichannel News)
EMC, HP Protect VMware Environments Sep 1, 2009
EMC (NYSE: EMC), HP (NYSE: HPQ), Hitachi Data Systems (HDS), Brocade (NASDAQ: BRCD) and FalconStor (NASDAQ: FALC) are just some of the data storage companies planning product announcements at this week's VMworld conference. What's missing so far is an announcement of an expected partnership between EMC, VMware and Cisco (NASDAQ: CSCO) by Enterprise Storage Forum earlier this month, although an announcement could come at the tomorrow afternoon. (EnterpriseStorageForum)
* BTCO promises an eyeful for firms at UKs Tech World09 Aug 31, 2009
It will host global giants such as Panasonic, Hitachi, Nokia, Orange, PTT and Kayagura Health Solutions, BTCO said. Some 200 companies from around the world have registered to participate in this years show in search of technology innovation, the BTCO said, adding that evidence from TechnologyWorld08 suggests they will find what they seek. (Taipei Times, Taiwan -- Business)
Asian Stocks Post Weekly Gain as Strong Earnings Boost Hopes for Recovery Aug 29, 2009
1 percent to 919 yen in Tokyo after the Yomiuri newspaper reported the company may merge its mobile phone business with NEC Corp. and Hitachi Ltd.. BOC Hong Kong, the citys second-largest publicly traded bank by market value, climbed 7. (Bloomberg -- Asia)
Hitachi opens "4G" facility in Richardson Aug 29, 2009
Hitachi Communication Technologies America Inc. has opened a new facility in Richardson sTelecom Corridor ... An Hitachi spokesman said 45 employees have already moved into the facility, called Dallas R&D Center ... Existing office space was re-fitted to cater to Hitachi s needs. (Dallas Business Journal, TX)
NEC, Motorola to Supply Base Stations for KDDI's LTE Aug 29, 2009
It has already selected Hitachi Ltd. to build the network's core infrastructure. By Staff Writer. (JCN Network, Japan)
Asian Stocks Gain as Harvey Norman, Dell Earnings Beat Analyst Estimates Aug 28, 2009
5 percent in Tokyo as the Yomiuri newspaper said the company is merging its mobile-phone business with NEC Corp. and Hitachi Ltd. rose before an election polls suggest will end the ruling coalitions 50- year hold on power ... Casio, NEC Corp. and Hitachi Ltd. are in talks to merge their mobile- phone businesses by April, the Yomiuri newspaper reported. (Bloomberg -- Asia)
Stocks Rise Before Election in Biggest Weekly Gain of August; Inpex Gains Aug 28, 2009
The company is in talks with NEC and Hitachi Ltd. to merge their mobile-phone businesses by April, the Yomiuri reported ... 6 percent, and Hitachi gained 1 ... Casio owns 51 percent of the handset-production with Hitachi, which was set up in 2004. (Bloomberg -- Japan)
NEC Electronics Gains on Report of Financial Aid for Merger With Renesas Aug 26, 2009
The bulk of the aid would involve Renesas, the chip venture between Hitachi and Mitsubishi Electric, selling new shares to its parent companies, Nikkei said ... Tokyo-based NEC Corp. gained 3 percent and Hitachi added 0 ... Nothing has been decided, according to Hitachi spokesman Shinya Yamada and a spokesman at Mitsubishi Electric, who asked not to be identified. (Bloomberg -- Japan)
