Panasonic to Sell Semiconductor Unit to Taiwan’s Nuvoton Technology
TOKYO—Panasonic Corp. agreed to sell its semiconductor unit to Taiwan-based Nuvoton Technology Corp., marking a departure from the 60-year-old business. The $250 million deal is e…
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Browse articles from www.wsj.com in the Akihabara archive.
Yahoo Japan and Chat App Line Agree to Merge
TOKYO—Internet portal Yahoo Japan Corp. and chat app Line said Monday they have reached a basic agreement to merge in a deal that includes a $3.1 billion buyout of Line Corp.’s minority shareholders.…
How to Read Japan’s Big Internet Merger
The merger of two internet giants in Japan looks good on paper. Instant messaging app Line and news and shopping site Yahoo Japan, which is indirectly controlled by SoftBank, are in discussions …
Yahoo-Line Merger Plan Raises Hopes for Japanese ‘Super App’
TOKYO—Investors welcomed plans for a merger to create an internet-services giant in Japan controlled by SoftBank founder Masayoshi Son, but Yahoo Japan and chat app Line face challenges combinin…
SoftBank Founder Calls His Judgment ‘Really Bad’ After $4.7 Billion WeWork Loss
TOKYO—SoftBank Group Corp. said it lost at least $4.7 billion on U.S. office-sharing company WeWork, an investment Chief Executive Masayoshi Son called an error in judgment. SoftBank marked…
Fujifilm Leader Doesn’t Lament Quitting Bid for Xerox
TOKYO—Fujifilm Holdings Corp.’s chairman and chief executive said he didn’t have hard feelings after he abandoned his bid for U.S. corporate icon Xerox Holdings Corp., describing a revised deal as a …
Xerox to Sell Stake in Joint Venture to Fujifilm for About $2.3 Billion
Xerox Holdings Corp. XRX 3.55% and Fujifilm Holdings Corp. FUJIY 0.49% agreed to end a 57-year-old joint venture more than a year after an attempt at a full merger soured. Xerox has ag…
Nintendo Switch Lite’s Strong Debut Raises Hopes for the Holiday Season
OSAKA, Japan—Nintendo Co. reported strong sales of its new Switch Lite hand-held game machine, auguring well for the holiday season. The Kyoto-based company said Thursday it sold 1.95 …
SoftBank’s WeWork Bailout Draws Investor Concern
Investors and credit-rating firms are growing concerned about rising risks and weak controls at SoftBank Group Corp. after the Japanese conglomerate’s nearly $10 billion bailout of WeWork. …
Nintendo Seeks to Sustain Switch Sales With Stripped-Down Console
TOKYO—Nintendo Co. introduced a stripped-down Switch console, meant to keep up the line’s momentum in its third holiday season, as the videogame maker seeks to widen the Nintendo brand’s global …