Japan’s Sony and Kioxia seeking U.S. approval to supply to Huawei – Nikkei

FILE PHOTO: A Huawei company logo is pictured at the Shenzhen International Airport in Shenzhen, Guangdong province, China, July 22, 2019. REUTERS/Aly Song/File Photo

TOKYO (Reuters) – Japan’s Sony Corp and memory chipmaker Kioxia Holdings Corp have applied for U.S. approval to continue supplying Huawei Technologies Co Ltd, Nikkei reported on Sunday.

If confirmed, the move follows other tech companies such as Intel Corp that recently received licences from U.S. authorities.

With U.S.-China ties at their worst in decades, Washington has been pushing governments around to world to squeeze out Huawei, arguing that the telecoms giant would transfer data to the Chinese government for espionage.

Huawei is one of the top customers for Sony’s image sensors for smartphones. Kioxia Holdings Corp is the world’s No. 2 maker of flash memory chips and a Huawei supplier.

Nikkei here said without U.S. licenses, Sony and Kioxia would face risk to their earnings.

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Japan’s Sony and Kioxia seeking U.S. approval to supply to Huawei: Nikkei

FILE PHOTO: The Huawei logo is seen at the IFA consumer technology fair, amid the coronavirus disease (COVID-19) outbreak, in Berlin, Germany September 3, 2020. REUTERS/Michele Tantussi/File Photo

TOKYO (Reuters) – Japan’s Sony Corp and memory chipmaker Kioxia Holdings Corp have applied for U.S. approval to continue supplying Huawei Technologies Co Ltd, Nikkei reported on Sunday.

If confirmed, the move follows other tech companies such as Intel Corp that recently received licences from U.S. authorities.

With U.S.-China ties at their worst in decades, Washington has been pushing governments around to world to squeeze out Huawei, arguing that the telecoms giant would transfer data to the Chinese government for espionage.

Huawei is one of the top customers for Sony’s image sensors for smartphones. Kioxia Holdings Corp is the world’s No. 2 maker of flash memory chips and a Huawei supplier.

Nikkei here said without U.S. licenses, Sony and Kioxia would face

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AirAsia to Shut Down Its Japanese Operations, Nikkei Reports

(Bloomberg) — AirAsia Group Bhd. is closing down its operations in Japan as it grapples with coronavirus-related restrictions on global travel, Nikkei reported, citing an unidentified person close to the low-cost airline.



a large jetliner sitting on top of a runway: AirAsia Bhd. aircraft stand on the tarmac at Kuala Lumpur International Airport 2 (KLIA2).


© Bloomberg
AirAsia Bhd. aircraft stand on the tarmac at Kuala Lumpur International Airport 2 (KLIA2).

The Malaysian group’s directors met Monday and decided to wind up the Japanese venture, Nikkei said. An announcement will follow early next week, according to the report.

AirAsia in August posted its largest quarterly loss on record, and has said it wants to raise as much as 2.5 billion ringgit ($600 million) by the end of the year to weather the pandemic. The airline has also flagged that it’s evaluating its Japanese business, which counts e-commerce group Rakuten Inc. among its investors, and a decision was imminent.

An AirAsia spokesperson said Wednesday there was nothing to announce at this time in relation

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NTT to Take Mobile Unit Docomo Private for $38b, Nikkei Says

Nippon Telegraph & Telephone Corp. plans to turn its wireless carrier unit NTT Docomo Inc. into a wholly owned subsidiary through a tender offer that would be Japan’s largest ever, the Nikkei newspaper reported.

The deal will be announced “soon,” the report said, without citing anyone. The buyout could be worth 4 trillion yen ($38 billion), based on a 30% premium to the closing price in Tokyo on Monday. That would make it the largest tender offer for a Japanese company in history, according to the Nikkei.

NTT already holds 66.2% of the mobile carrier, which is Japan’s largest. Docomo was listed on the Tokyo Stock Exchange’s First Section in 1998 and remains Japan’s sixth biggest company by market value, according to Bloomberg data.

Docomo spokeswoman Saori Yoshimatsu said the company wasn’t the source of the report, and that it had no comment to make at this time. An

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