Asia/Pacific
Nikon cuts full-year forecast as demand for mirrorless cameras plunge
Nikon cut its full-year shipment target to 6.5 million from 7.1 million units as mirrorless cameras began to lose their shine.
Japanese insurance company moves 30,000 PCs to Windows 8 tablets
Meiji Yasuda, Fujitsu and Microsoft Japan would all team up to upgrade 30,000 Windows XP computers to tablets running Windows 8 operating system.
Telstra's mobile market share boosts to 50% as income beats projections
Telstra's mobile market share in Australia rose to 50% as its income beat analysts' projections.
Huawei offers new line of switches to challenge Cisco
The Smartphone-like network of switches would be offered by Huawei in October to boost its market share and challenge its rival, Cisco.
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Samsung would launch its newest smartphone, Galaxy Mega, in its home market. Samsung Electronics Co. 's Galaxy Mega would make its debut this week in South Korea.
Xiaomi Tech has overtaken Apple's market share in China with 0.2% lead. Xiaomi Tech, a Chinese smartphone manufacturer, has already surpassed Apple's market share in China.
The South Korean company's new chips would result to smartphones with 384GB of storage capacity.
KTB Asset Management Co announced the successful sale of its Seoul property, the Twin Tree Towers, to IGIS Asset Management Co.
Chubu Electric Power Co purchased an 80% stake in Diamond Power Corp, an independent producer and supplier of power owned by Mitsubishi Corp and operates in Tokyo.
Manila Electric Co (Meralco) Chairman Manuel Pangilinan confirmed his company's interest in the power assets of San Miguel Corp (SMC).
Sources told Reuters that Wal-Mart Stores Inc is thinking of bidding ParknShop, the supermarket business owned by Li Ka-shing.
Kovai Pazhamudir Nilayam revealed it is in advanced discussions with private equity firms to raise INR100 crore.
Trax Technology Solutions revealed it had sealed an investment deal with an unnamed Singaporean private equity fund.
LP Amina received up to US$20 million in its latest funding round that had investors, including Hao Capital, participated in the seed capital round.