The world's new smartphone hub In a rural area that also happens to be about 30 minutes from an international airport, one of the world's largest consumer electronics makers has created a town. It is complete with restaurants, cafes and apartment buildings. And let us not forget the big production plant where the town's 30,000 or so residents work.
Read more...
Record loss spurs quick shake-up at Sharp Staring into the financial abyss, Sharp Corp. is replacing its two top executives - despite the fact that both of them have only been at their posts for a year.
Read more...
Government to defend suppliers by outlawing retailers' 'tax rebate' sales The government and major retailers are at odds over a bill aimed at prohibiting stores from offering discounts to offset a consumption tax increase expected next April. The government argues that the proposed law is necessary to protect smaller suppliers from the negotiating might of huge retail chains that it believes will simply insist on buying at the same discount they are likely to offer their shoppers when the rate goes up. Although the government has recently decided to relax the proposed limits, the two sides remain at loggerheads.
Read more...
