sanyo
sanyo

sanyo

Sanyo Shares Slide on Battery Recall

Shares of Sanyo Electric Co., the world’s largest maker of rechargeable batteries, fell to a 31- year low after 1.3 million of its cells used in mobile phones were recalled on concern they overheat and rupture. The lithium-ion batteries, made by a unit of Osaka-based Sanyo, are used in Mitsubishi Electric Corp. handsets on NTT DoCoMo Inc.’s high-speed service. Matsushita Electric Industrial Co. confirmed it found six cases of burst batteries used in its Panasonic phones, responding to a Yomiuri newspaper report [see Japan Times in English]. Matsushita spokesman Junji Kanegawa said Sanyo wasn’t the battery maker, declining to name the manufacturer.

Sanyo Rumored to Exit Handset Business

Sanyo, which is headed for its third straight loss this business year, plans to sell its cellphone operations as part of a new restructuring plan, the Nihon Keizai newspaper reported on Thursday. The business daily said Sanyo, which earlier this year issued $2.6 billion worth of preferred shares on very favourable terms to Goldman Sachs and two other financial institutions to ensure its survival, will also sell its semiconductor division. Sadakazu Shima, a spokesman for the Osaka-based electronics maker, declined to comment on the report.

UPDATE: Sanyo has denied the rumor and will disclose details of its reorganization when it reports first-half earnings on Friday.

Sanyo Shares Drop on Loss Forcast

Shares of Sanyo Electric Co., forecasting its first profit in three years, are headed for their biggest drop since January after a report said the company may post a loss this business year. A report in the Asahi newspaper yesterday said Sanyo will cut 1,000 jobs after sales of mobile phones declined and domestic production dropped.

Sanyo Epson Develops 1.1mm Display

Sanyo Epson Imaging Devices Corporation has announced the development of a 2.2-inch amorphous silicon TFT liquid-crystal display (LCD) that is just 1.1 mm thick, making it ideal for use in mobile phones and other portable devices. The Company succeeded in developing this 1.1-mm-thick amorphous TFT LCD by using ultra-thin components, including the backlight, polarizing plate and glass substrate. These features are considered to be ideal for displaying video and watching “One Seg” digital TV broadcasts viewed on mobile phones in Japan.

NEC Joins KDDI's Corporate WLAN Offering

KDDI has issued a follow-up to their spring announcement regarding the dual-mode CDMA 1x and corporate WLAN network service offering. The corporate mobile business solution service, or so-called “Office Freedom” campaign, will now also use NEC’s Univerge SV7000 for SIP access point hardware, with the E02SA BREW handset from Sanyo. DoCoMo have also been working in this area over the last few years to provide major corporate clients, such as Toyota and JAL, the in-house VoIP ability using NEC’s 900iL handset.

KDDI Launches New Handsets and 3G Services

KDDI - 12 New Handsets with Massive 3G Services LaunchKDDI today launched the first strike in Japan’s mobile number portability wars with no less than 10 press releases announced today at Tokyo’s ultra buttoned-down Imperial Hotel. The line-up of phones and services includes new units from Casio (W43CA), Hitachi (W43H), Kyocera (W43K and W44K), Sanyo (W42SA, W43SA and A5522SA), Sharp (W41SH), Sony Ericsson (W43S) and Toshiba (W45T and W47T), plus a new in-house designer model (also by Toshiba) code named Drape.

The accompanying new data offerings unveiled today include a scrolling news service (ala i-channel) and mobile video conferencing, the first such service from KDDI (which, until now, has philosophically posited that video conferencing was not suited for mobile), as well as several improved mobile music and digital TV offerings.

Sprint Introduces the Sanyo Katana

The legendary Katana, best known as a precision instrument sword used by the Samurai, has a new identity, that of a cutting-edge wireless phone by Sprint and SANYO. This ultra-thin handset features Bluetooth and a built-in VGA camera. Making its debut throughout the month of July in four bold colors, including Mystic Black, Blue Sapphire, Cherry Blossom Pink, and Polar White, which is a color that will be sold exclusively at RadioShack, the Katana will be available at Sprint Stores, online and at select third-party retailers for $279.99 or $79.99 after rebates with a two-year subscriber agreement.

Sanyo Nokia Deal Called Off

Sanyo Electric has given up potentially lucrative plans announced in February to tie up on mobile handsets with Finnish giant Nokia as the firms had failed to reach a compromise. “The plan of setting up a joint venture with Nokia in CDMA mobile handsets is over, as both sides saw difficulty making concessions in sharing patent rights and other company assets,” Sanyo Electric spokesman Akihiro Oiwa said Thursday. The plan was one pillar of Sanyo’s restructuring efforts.

Software Glitch Hits Sanyo Handsets

Japan’s Sanyo Electric Co. said Tuesday it will start repairing defective software in mobile phone handsets it now supplies for KDDI Corp.’s “au” phone service, resulting in an expense of Y1 billion this fiscal year. The Osaka-based electronics manufacturer said all 506,800 handsets of its “W32SA” model for the au service are subject to free repairs.