Panasonic Corp (6752.T) will invest more than 30 billion yen ($256 million) in a New York production facility of Elon Musk’s Tesla Motors (TSLA.O) to make photovoltaic (PV) cells and modules, deepening a...
Electronics
Toshiba flags hit of ‘billions of dollars’ on U.S. nuclear acquisition
Toshiba Corp said it may have to book several billion dollars in charges related to a U.S. nuclear power plant construction company acquisition, sending its stock tumbling 12 percent and rekindling concerns about its...
Toshiba sees loss of about 100 bn yen on US nuclear power acquisition
Electronics giant Toshiba Corp expects to report a one-off loss of about 100 billion yen ($850 million) on a US nuclear power acquisition made by its Westinghouse operation last year, the Nikkei business daily reported...
TDK agrees to buy InvenSense for about $1.3 billion in cash
TDK Corp. agreed to buy InvenSense Inc. in a deal that values the supplier of sensors to Apple Inc. and other smartphone makers at about $1.3 billion. The offer is worth $13 a share in cash for the San Jose, California...
Japan Display to raise stake in OLED display maker Joled: Nikkei
Japan Display Inc (6740.T) will pay more than $100 million to boost its stake in an organic light-emitting diode (OLED) panel maker, the Nikkei business daily said – a step that would improve its position in a key...
Panasonic in talks to buy ZKW to accelerate push into auto electronics: source
Japan’s Panasonic Corp (6752.T) is in talks to buy European automotive light maker ZKW Group, accelerating its push into the automotive electronics market, a person familiar with the matter said. The deal could be...
Videotex International partners with Usha Shriram Enterprises to foray into LED televisions
KOLKATA: Television original design manufacturer, Videotex International is partnering with Usha Shriram Enterprises to foray into LED televisions under the Usha Shriram brand. Videotex will look over manufacturing...
Samsung Buys Harman to Remain Ally, Not Threat, to Carmakers
One of the first things Samsung Electronics Co. President Young Sohn said when talking about the South Korean company’s $8 billion deal to buy Harman International Industries Inc. is that the electronics giant has no...
GE buys cloud-based software firm ServiceMax for $915 million
Bengaluru: General Electric Co. (GE) said its software unit bought ServiceMax, a cloud-based provider of software used in inventory and workforce management, for $915 million. GE said the acquisition was part of GE...
Panasonic decides against taking over Slovenia’s Gorenje
Household appliances maker Gorenje (GORE.LJ) said on Thursday that Panasonic (6752.T), which looked at making a bid for the Slovenian company earlier this year, had decided against a takeover deal. “After...
BYPL inks deal with Sensus for advanced metering solution
NEW DELHI: BSES Yamuna Power Ltd (BYPL) has signed an agreement with Sensus, a supplier of smart meters and utility-grade communications systems, for advanced metering infrastructure solution in Delhi service area on...
Infineon buys Dutch firm to control driverless cars
Infineon Technologies AG has acquired Dutch electronics company Innoluce BV, a designer of miniature “lidar” laser-scanning modules that the German chip giant says can help it develop affordable sensor...
