A week in tech

A round-up of all the latest tech news.

Japan

Hardware

- Hitachi Ltd. reported a 43% plunge in net profit for the year ended March 31, hurt by hefty restructuring costs to reshape its business and increased tax payments. Hitachi posted a group net profit of 15.9 billion $144.5 million, down from 27.9 billion $252.5 million for the prior fiscal year. But the Tokyo-based company's core electronics operations enjoyed a recovery on brisk demand for digital electronics products. Sales increased 5.4% to 8.6 trillion $78.2 billion from 8.2 trillion $74.2 billion. Operating profit rose 21% to 184.9 billion $1.7 billion. For the fiscal year ending in March 2005, Hitachi projects a group net profit of 100...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222