BIZ BRIEF: Nissin Foods to market instant noodles in Kenya
Nissin Foods Holdings Co. will become the first Japanese instant noodle maker to enter the untapped African market when it starts sales of instant noodle products in Kenya in September.
BIZ BRIEF: Japan Display develops 5.2-inch full-HD OLED display
Japan Display Inc. said May 21 that it has developed a small-size organic light-emitting diode display prototype with full high-definition resolution.
BIZ BRIEF: Mitsubishi-Hitachi Metals Machinery to move into Indian market
Mitsubishi-Hitachi Metals Machinery Inc. said on May 22 that it will acquire all the shares in India's leading supplier of continuous casting machines, Concast (India) Ltd. (CIL), to expand its business in India.
BIZ BRIEF: 100 Japanese students selected for TOMODACHI exchange program
The TOMODACHI Initiative and SoftBank Corp. announced on May 22 that 100 Japanese high school students from the disaster-affected prefectures of Iwate, Miyagi and Fukushima have been selected to participate in the TOMODACHI Summer 2013 SoftBank Leadership Program.
BIZ BRIEF: Sumitomo, NEC provide communications infrastructure in Myanmar
Myanmar's undeveloped communications infrastructure will be getting a boost from Sumitomo Corp. and NEC Corp., company officials said on May 21.
BIZ BRIEF: Toshiba to start production of next-generation NAND flash memory
Toshiba Corp. announced on May 21 that the company has developed second-generation 19-nanometer process technology that it will apply to mass production of 2-bit-per-cell 64-gigabit NAND memory chips later this month.
BIZ BRIEF: Mitsubishi Electric to enhance smart meter business with Echelon
Mitsubishi Electric Corp. announced on May 21 that it will globally enhance its business relating to smart meters, which are advanced electricity meters with communication functions, in collaboration with its U.S. partner Echelon Corp.
BIZ BRIEF: Accenture to recruit foreign firms for Tokyo’s special zone
Accenture Japan Ltd. has been selected by the Tokyo metropolitan government to recruit 10 or more foreign companies to establish their Asian regional headquarters for research and development in Tokyo’s Special Zone for Asian Headquarters by March 2014, the management consulting company said on May 20.
BIZ BRIEF: Government revises upward its economic assessment
The government on May 25 revised upward its economic assessment in its Monthly Economic Report for May.
BIZ BRIEF: Nissan-Mitsubishi Motors joint venture produces first minicar
Nissan Motor Co. and Mitsubishi Motors Corp. held a ceremony on May 20 for the first minicar planned and developed under their joint venture, NMKV Co.
BIZ BRIEF: Fujitsu develops technology to recognize 3-D gestures
Fujitsu Laboratories Ltd. announced May 20 the development of 3-D hand gesture recognition technology that can detect vertical and horizontal hand motions, as well as forward and backward movements of increasing or decreasing distance of a hand from a computer screen.
BIZ BRIEF: ANA to allow extra free bag for online check-in users
All Nippon Airways Co. will allow economy-class passengers on international flights to check in two pieces of baggage without charge if they use the online check-in service during a campaign period between June 1 and Sept. 30.
BIZ BRIEF: 3 Japanese firms in LNG project in U.S.
Mitsui & Co., Mitsubishi Corp. and Nippon Yusen Kabushiki Kaisha (NYK) will take part in a project to export liquefied natural gas (LNG) produced in the United States to Japan, the three companies said on May 17.
BIZ BRIEF: New Toshiba factory starts transformer production in Brazil
Toshiba Corp. announced on May 17 that Toshiba Infrastructure South America Ltd., a Brazilian Toshiba group company, has started production of power transformers in a plant built in Betim, Minas Gerais state.
BIZ BRIEF: Cerberus extends Seibu tender offer bid period
U.S. investment fund Cerberus Capital Management L.P. has extended the deadline on its tender offer for the common shares of Seibu Holdings Inc. from May 17 through May 31.
BIZ BRIEF: Advantest opens semiconductor factory in South Korea
Advantest Corp. announced May 17 that its new factory in Cheonan, South Korea, has been completed.
BIZ BRIEF: Toyo wins contract for polyethylene plant in U.S.
Toyo Engineering Corp. has won a contract from Sasol North America, Inc. to provide Front End Engineering Design (FEED) services for a 450,000-ton per year linear low density polyethylene plant at a planned petrochemical complex in Lake Charles, Louisiana.
BIZ BRIEF: JFE Steel to participate in steel pipe joint venture in China
JFE Steel Corp. announced May 16 that it will establish a joint venture in China with Kawasaki Kokan Co., Marubeni-Itochu Steel Inc. and Taiwan's Shuan Hwa Industrial Co. to manufacture small-diameter welding pipes and cold drawn steel pipes for automotive parts makers.
BIZ BRIEF: Mitsubishi Corp. in new joint venture for construction machinery
Four of Japan’s largest construction machinery rental companies have teamed up with Mitsubishi Corp. to establish a joint venture company, according to a May 16 announcement.
BIZ BRIEF: Fujitsu Semiconductor develops new vehicle safety system
Fujitsu Semiconductor Ltd. announced May 16 the development of its third-generation high-performance graphic system on a chip (SoC) to be used in advanced automotive safety systems, giving drivers a 360-degree view of approaching objects.