A week in Japan tech
- Au Group has amassed over one million subscribers for its 3G mobile phones in three months. Of the one million handsets, more than 800,000 were sold in Korea, and about 100,000 in Japan.
- Moody slashes Motorola Credit Ratings by Two Levels to æBaa2Æ, citing lackluster demand for its communications equipment. Any further downgrade will force Motorola to provide collateral on one credit facility and the possible repayment of bank credit line. Motorola currently has about $6 billion in cash.
- NECÆs purchase of Taiwan tech products is to reach Y220 billion $1.83 billion in 2002, representing a 10% increase from last year. Furthermore, NEC...