Smartphone Popularity Makes Hinge Vendor Delisted

photo © 2006 Jyri Engestrom | more info (via: Wylio) Strawberry Corporation, a Tokyo-based Japanese hardware maker announced [J, pdf] on October 27 that the company was delisted from Osaka Security Exchange JASDAQ market, as it was helped and subsidized by Advanex. Their anchor product is micro-sized hinges used for clam-shell type cellphone and laptop… Continue reading Smartphone Popularity Makes Hinge Vendor Delisted

Social Gaming Network Gree Issues Upward Revision, 40 Billion Yen Plus

Gree announced today that it revised up its annual sales outlook from its original forecast 90-100 billion yen(US$1.15-1.28 billion) to 130-140 billion yen(US$1.67-1.80 billion). Net income is expected to increase 11 billion yen (US$141 million) as well. This upward revision is due to higher rate of social game monetization, the release said. Reason for revision… Continue reading Social Gaming Network Gree Issues Upward Revision, 40 Billion Yen Plus

Japan’s Yen Intervention Stopped At 79.19 By Word Play

Japan is reported to begin Yen intervention today. But after the initial US dollar surge, Yen stalled around 79.19 against 1 US dollar over 3 hours. In early afternoon trading in Tokyo, the dollar was holding steady at around 79.19 yen, but it remains to be seen how long an impact the intervention will have.… Continue reading Japan’s Yen Intervention Stopped At 79.19 By Word Play