• Thu
  • Dec 18, 2014
  • Updated: 6:39am

Sanyo

Panasonic to lose US$9.6b this year

Panasonic and other Japanese exporters are struggling under the weight of a strong yen and weak global economy while having to contend with fierce competition from tough competition from companies like Samsung Electronics and Apple. Photo: AFP

Panasonic said Wednesday it would book a mammoth US$9.6 billion net loss in the fiscal year to March as the Japanese consumer electronics giant undergoes a major overhaul of its troubled business.

Wednesday, 31 October, 2012, 3:58pm

Sanyo Xacti VPC-CS1

The ever-decreasing size of digital cameras and mobile phones means we can take these gadgets everywhere we go.

26 Feb 2010 - 12:00am

Tourist issues warning on rip-offs

An American tourist has issued a warning to fellow travellers after he was cheated by a Nathan Road store when he paid $6,000 for what he thought was a camcorder but was in fact a digital camera worth a third of the price.

The Consumer Council is now monitoring the store for further breaches, but said it was difficult to prove a case of criminal deception.

24 Mar 2002 - 12:00am

Minority attacks Tingyi on share sale

A group of minority shareholders has criticised instant-noodle maker Tingyi (Cayman Islands) Holding for allegedly ignoring their interests during a $1.1 billion share placement.

Tingyi's parent, Ting Hsin (Cayman Islands) Holding, last week reached an agreement to sell half of its 66.28 per cent stake in Tingyi to Japanese packet-noodle maker Sanyo Foods.

25 Jun 1999 - 12:00am

Dalian Refrigeration looks to raise $297m from initial B-share listing

B-share listing candidate Dalian Refrigeration has decided to price its initial offer at a tentative range of between three yuan and 3.2 yuan a share, to raise up to 320 million yuan (about HK$297.8 million). This puts the issue on a price/earnings multiple of between 7.65 and 8.09 times its earnings last year of not less than 113 million yuan.

6 Jan 1998 - 12:00am

Sanyo Electric says profit rose

SANYO Electric says its consolidated pre-tax profit rose 116.2 per cent from a year earlier to 16.8 billion yen (about HK$1.47 billion) in the six months to May.

Sanyo, a leading consumer electronics maker, said its consolidated sales rose 7.3 per cent to 823.5 billion yen in the same period.

15 Jul 1995 - 12:00am

Rise for Sanyo

JAPANESE consumer electronics maker Sanyo Electric said sales of stock holdings helped triple its current profit in the six months to May 31 from the same period last year.

The company sold 9.3 billion yen (about HK$734 million) in stock from its portfolio to help current profit reach 6.7 billion yen for the period, up from 2.7 billion yen last year.

16 Jul 1994 - 12:00am

Sanyo venture in Shenzhen

SANYO Electric has set up a US$5 million optical reader joint venture in Shenzhen.

The venture, in which Sanyo holds 60 per cent, is with the Shenzhen Huaqiang Electronic Industry Corp. It will produce high quality optical pick-ups for audio equipment. The pick-ups use laser diodes to read audio visual data on discs.

9 Jul 1993 - 12:00am