February 21, 2005 |
Toshiba Corp., Japan's second-biggest chip maker, will increase investment at its semiconductor business to boost production, a company spokesman said. Junichi Nagaki said details would be given by President Tadashi Okamura at a news conference today to mark the opening of a new line at its Yokkaichi factory. Toshiba is raising spending by 13% to a record 203 billion yen ($1.
March 17, 2004 |
Hewlett-Packard Co. plans to be the first company to trumpet personal computers that run the freely distributed Linux operating system in Asia, HP's Japanese unit said Tuesday. Other details, such as when the sales will begin, haven't been set. The move by Palo Alto-based HP, which sells about 17% of the world's PCs, could be a threat to Microsoft Corp., maker of the dominant Windows operating system.
January 25, 1999 |
GE Capital declared its intention Sunday to become a financial services leader in Japan following its purchase of the leasing operations of bankrupt Japan Leasing Corp. for about $7 billion. The financial services arm of General Electric Co. became the latest U.S. firm to salvage a bargain from the wreck of Japan's bubble economy. It immediately revealed high ambitions for the Japanese market.
January 5, 1996 |
Japanese Prime Minister Tomiichi Murayama abruptly resigned the nation's top post today, throwing the political world into uproar amid predictions of another major realignment. Murayama, who has long indicated his desire to resign, was cornered into the decision by today's deadline for entering his Socialist Party's presidential race. After his announcement, his entire Cabinet resigned.
November 11, 1994 |
In the eyes of the world on Thursday, President Clinton looked like the walking wounded, facing two years of legislative gridlock with Republicans in control of Congress and the prospect of a one-term presidency. Political commentators--from Asia to Europe and liberal to conservative--expressed surprise over the scope of Democratic losses and concern that the Republican congressional majority could mean more isolationism and less commitment to free trade.
June 5, 1996 |
A Japanese destroyer accidentally shot down a U.S. bomber in the Pacific during joint military exercises Monday, and naval forces of both nations temporarily suspended all live-fire exercises as they sought an explanation for the incident. The aircraft's two crew members ejected safely and were rescued after a U.S.