Related topics: sales · net profit · sony corp · fiscal year · operating profit

Foxconn agrees to buy Japan's Sharp Corp. at reduced price

The Taiwanese company that assembles Apple's iPhones agreed Wednesday to buy control of financially struggling Sharp Corp. for $3.5 billion in the first takeover of a major Japanese electronics producer by a foreign company.

Nintendo says strong demand for Wii U games (Update)

Nintendo said Tuesday its operating profit soared, as it pointed to strong demand for Wii U console games including shoot-em-up hit "Splatoon", but holiday sales fell and the positive impact of a weak yen hit its bottom line.

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