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TOKYO -- Mitsubishi Electric will begin mass-producing next-generation optical chips in January to meet growing demand for faster devices from data center operators around the world, the company said on Tuesday.
HONG KONG -- China's three major telecom operators are further shifting toward higher dividend payments and lower capital investments, as the government's focus on state-owned enterprises turns to stock market performance and shareholders' returns.
NEW DELHI (Kyodo) -- The foreign and defense ministers of Japan and India held security talks in New Delhi on Tuesday, aiming to ramp up cooperation amid more assertive Chinese military activities in the Indo-Pacific region.
TAIPEI -- Taiwan Semiconductor Manufacturing Co. on Tuesday broke ground on its first fabrication facility in Europe to provide a steady supply of automotive chips for one of the region's core industries.
TOKYO -- Vietnamese tech major FPT is expanding its operations in Japan by investing $200 million to start cloud operations for artificial intelligence businesses and solution services for Japanese companies' digital transformations early next year, its software chief told Nikkei Asia.
BANGKOK -- When Srettha Thavisin, Thailand's recently dismissed prime minister, learned that he had been removed from office by a 5-4 vote of the Constitutional Court, his response was resigned and dignified: "I accept the decision of the Constitutional Court but I want to affirm that throughout my almost one-year tenure as prime minister I have tried to do everything correctly."
SEOUL -- The South Korean branch of Mercedes-Benz is grappling with the fallout of a major fire that started in one of its vehicles as it faces escalating calls for restitution.
TOKYO -- Mitsubishi UFJ Financial Group has sold 24 million shares of American regional bank U.S. Bancorp (USB) on the market, the Japanese company said Tuesday, for an amount expected to reach $1 billion based on the current stock price.