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Latest Mitsubishi news

  • Renesas gets government bailout

    Renesas, which has been a big name in providing chips for cars, was formed from the struggling chip divisions of its major shareholding companies Hitachi, Mitsubishi and NEC. Needless to say, piling all that amount of hurt under one roof did make people wonder.
  • Renesas might be saved by Toyota and Japan

    It looks like the plan may be delivered to Renesas's major shareholders NEC, Hitachi and Mitsubishi Electric next month and would be tied up by the end of the year.
  • Sharp's Hon Hai bail out stalled

    Sharp's banks are assuming that Hon Hai is history. Its main lenders Mizuho Financial Group Inc and Mitsubishi UFJ Financial Group are aiming to arrange financing of $3.87 billion. Hon Hai's expected capital injection has not been factored in.
  • Sharp might dump its consumer business

    RumourAt the moment it is only functioning thanks to the backing of the Mizuho Financial Group and Mitsubishi UFJ Financial Group.
  • Fujitsu, NEC, Docomo, square up to Qualcomm

    Sections of the Japanese electronics industry have been having a hard time of it lately - the yen is too strong for many to remain competitive, and native chipmaker Renesas has just been saved by fellow countrymen at Mitsubishi.
  • Wanna buy a gun wielding robot?

    Needless to say the robot is bullet proof. It is a bot like the Mitsubishi MK-6 Amplified Mobility Platform in James Cameron's flick Avatar.
  • Mitsubishi bails out Renesas

    Japan's Mitsubishi Electric is stepping in to prop up chipmaker Renesas Electronics.
  • Renesas axes 12 percent of its staff

    Renesas was created by merging the chip divisions of major shareholders Mitsubishi, Hitachi and NEC. It said that the job cuts would save the company $541.97 million a year.
  • Renesas goes cap in hand to shareholders

    Under the restructuring plan, to be submitted to shareholders Hitachi, Mitsubishi and NEC Corp, Renesas has promised to slash 14,000 jobs and sell its Tsuruoka system-chip factory.
  • Renesas shares plummet

    However, currently the plans are just talk, with sources telling Reuters that the company must get approval from its main shareholders, which include members from Hitachi, Mitsubishi and NEC. The trio of companies are said to hold more than 90 percent of Renesas shares.
  • Hackers take down Mitsubishi

    The Yomiuri newspaper said that Mitsubishi Heavy Industries' computer network was hacked.
  • Dell peddles sperm in Indonesia

    2. Mitsubishi'sPajero Jeep. Never in the history of motoring was a four wheel drive more aptly named, unfortunately not in the way the makers intended, at least in Spain. If you are ever run off the road by a four-wheel drive in that country you would shout Pajero at the driver.
  • DRAM prices soar in wake of quake

    Japan's earthquake and tsunamiIt’s not just supply of silicon wafers that’s the problem – Hitachi Chemical and Mitsubishi Gas Chemical make over 80 percent of resin used in modules, while there are shortages of other raw materials used in the manufacture of both the chips and printed circuit boards.
  • Aftershocks mean Japanese semi production stalled

    Japan's earthquake and tsunamiMitsubishi
  • Japanese supercomputer will test nuclear earthquake resistance

    Industry heavyweights Hitachi, Mitsubishi, Toshiba, Tokyo Electric Power and Takenaka Corp are working with the Japan Atomic Energy Agency and the University of Tokyo to simulate the effect of powerful earthquakes on nuclear facilities.
  • Panasonic and Mitsubishi Electric make lots of dosh

    FinancialMitsubishi Electric and Panasonic both piled on the profits in their latest financials.
  • US claims record patent numbers in 2010, IBM leads

    Mitsubishi Denki K K (Japan)
  • Japan gives electric cars a boost with power chip development

    The ministry will work alongside Toyota Motor, Mitsubishi Electric and Nippon Steel to develop a prototype by 2014 ahead of the target for bringing the car to market in 2018, according to sources close to | Nikkei (subscription needed)

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