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As Japan strives to remain at the technological forefront, why is it that its companies are so averse to the idea of merging? Too many make the same thing yet do not get around to pooling their resources. The FT’s Special Report on Japan’s technology and innovation investigates this phenomenon, while looking at some of the latest in Japanese design, writes Peter Chapman. Read more
Fiscal second quarter results on Thursday showed clearly that the Chinese company is not just the world’s biggest PC maker, it is also the only one that has its act together: Acer this week lost its second chief executive in three years, HP still has at least three years to go in its turnaround plan, and Dell has retreated from the public markets to nurse its wounds. Read more
For the first time in eight years, almost the entire top management team at Samsung Electronics will present themselves on Wednesday before an audience of about 350 analysts and investors at Seoul’s Shilla Hotel.
The full-day event will feature addresses from eight executives, who will also take questions. Chairman Lee Kun-hee and his son, vice-chairman Jae-yong, will not be on stage – but this represents a rare opportunity for the audience to press senior figures about Samsung’s long-term strategy, writes Simon Mundy.
So what are the key questions surrounding the future of the world’s biggest technology company by sales? Read more
How badly is smartphone maker HTC doing?
By many measures, very badly. October sales are down 13 per cent year on year. Revenue next quarter could be as low as NT$40bn, a third less than the same quarter last year and lower than analysts’ expectations. And after reporting its first ever quarterly operating loss as a company in the third quarter, it shows no sign of returning to profit in the fourth.
But one measure in particular, released today with its full third quarter results, shows the Taiwanese company’s travails — its accounts payable. That measures how long it is taking the company to pay its bills to its suppliers, who make the parts of its phones. Read more
It is deja vue time for Sony investors as the Japanese electronics company revises down its income expectations again.
The profit warning is the latest in a slew of downgrades over the past few years – in 2011 Sony infamously downgraded its net income forecasts four times.
The red bars below are Sony’s net income forecasts for 2011 at various times, and the blue bar shows the actual net loss of Y456.7bn.
No longer content to copy foreign products. China is developing brands to compete with Apple and Samsung. Xiaomi is known as its answer to Apple, and Huawei and ZTE, the equipment companies, have moved into handsets.
Kanbox offers free storage for documents, photos and other files, bringing Alibaba into competition with other Chinese heavyweights Tencent and Baidu, which offer similar services. The company raised $20m in Series B funding two years ago, so the acquisition value is likely to have been several hundred million dollars. Read more
Acer, the Taiwanese computer company, has struggled for a while to sell enough computers to stay profitable, but investors still found room for disappointment in its most recent results.
Shares were down nearly 4 per cent in Taipei today after management spoke with analysts and the media to explain its second quarter operating loss of NT$613m and its 19 per cent year on year fall in revenue to NT$89.4bn. Read more