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Industry Brief
[June 19, 2011]

Industry Brief


(Japan Economic Newswire Via Acquire Media NewsEdge) TOKYO, June 20 -- (Kyodo) _ ---------- Mitsubishi Electric to set up car multimedia JV in China TOKYO - Mitsubishi Electric Corp. said Friday it has agreed with QiMing Information Technology Co., a subsidiary of China FAW Group Corp., to establish a joint venture in Changchun, Jilin Province, in August to develop, manufacture and sell car muiltimedia products in China from next January.

---------- HP Japan to move some notebook PC production to Tokyo this summer TOKYO - Hewlett-Packard Japan Ltd. said Friday it will move the production of some of its notebook computer models, which it designs and makes at the request of corporate users, to its Akishima factory in Tokyo from overseas in August, enabling it to halve the delivery time from the current approximately 10 business days.

---------- Tohoku Electric to boost thermal power plant generation in Akita TOKYO - Tohoku Electric Power Co. said Friday it plans to install large-capacity sodium-sulfur batteries at its thermal power plant in Noshiro, Akita Prefecture in July as part of efforts to cover a decline in output due to the March disaster.


---------- NTT Data launches security services for 'smart devices' TOKYO - NTT Data Corp. said Friday its group has launched a package of services called "BizSMA (TM)" for corporate clients to enhance security when they use smartphones and tablet devices.

---------- Nippon Steel sets up firm in Thailand TOKYO - Nippon Steel Corp. said Friday it has set up a new firm in Thailand to produce hot-dip galvanized steel sheets to be used for vehicles, with the new firm, Nippon Steel Galvanizing (Thailand) Co., expected to begin production in 2013 with an annual output capacity of 360,000 tons.

---------- Russian state firm may sell its AvtoVAZ stake to Nissan: report ST. PETERSBURG - The head of Russian Technologies State Corp., or Rostekhnologii, said Friday the state-run company intends to sell part of its stake in AvtoVAZ, Russia's largest automaker, to Japan's Nissan Motor Co., the Interfax news agency reported.

---------- Honda to pull out of auto industry's summertime power-saving accord TOKYO - Honda Motor Co. will withdraw from a nonbinding power-saving agreement in Japan's automobile industry and open some of its plants on Thursdays this summer to raise operation rates, a company official said Saturday.

---------- Tokyo Electric pays temporary relief money to residents, businesses TOKYO - Tokyo Electric Power Co. announced Saturday it has paid a total of 50.3 billion yen in temporary relief money to residents, businesses and fishery and agricultural organizations affected by the nuclear crisis at the Fukushima Daiichi power plant.

---------- Sega website hacked, info on 1.29 million people leaked TOKYO - Game software company Sega Corp. said Sunday the website of its unit in London, Sega Europe Ltd., has been hacked and that some personal information on all its 1,290,755 registered users has been stolen.

---------- TEPCO, Japan firms back out of bidding on Malaysian nuclear plant SINGAPORE - Japanese firms including Tokyo Electric Power Co., operator of the crippled Fukushima Daiichi nuclear power plant, have informed the governments of Malaysia and Japan of their intent not to bid on a feasibility study for Malaysia's first nuclear power plant, diplomatic sources said Sunday.

---------- Nissan to operate plants on substitute holidays when necessary TOKYO - Nissan Motor Co. may operate some plants on Thursdays and Fridays if production falls short of demand despite an industry-wide plan to close plants on those days instead of Saturdays and Sundays from July, a senior official said Sunday.

(c) 2011 Kyodo News International, Inc.

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