|Bid||21.60 x 42000|
|Ask||22.08 x 41000|
|Day's Range||21.60 - 22.09|
|52 Week Range||17.98 - 23.56|
|Beta (3Y Monthly)||-0.04|
|PE Ratio (TTM)||11.36|
|Forward Dividend & Yield||0.97 (4.56%)|
|1y Target Est||N/A|
Augmented-reality pioneer Magic Leap landed a $280 million investment from Japanese telecom giant NTT Docomo as part of a partnership announced Friday.
TEL AVIV (Reuters) - Israel's VDOO Connected Trust Ltd, which provides security automation for embedded devices, said on Wednesday it raised $32 million in a funding round led by venture capital firms ...
Japan's Nikkei edged up to a fresh four-month high on Tuesday, propelled by gains in the big three mobile carriers after market leader NTT Docomo announced smaller-than-feared price cuts, soothing concerns about a price war. The benchmark Nikkei rose 0.24 percent to 22,221.66, hitting a fresh four-month high but the broader Topix ended down 0.09 percent at 1,626.46. The information and communication sub-index was by far the strongest among the Topix's 33 industry groups, gaining 1.7 percent.
Japan's Nikkei edged up to a fresh four-month high on Tuesday, propelled by gains in the big three mobile carriers after market leader NTT Docomo announced smaller-than-feared price cuts, soothing concerns about a price war. NTT Docomo jumped 3.8 percent, while rival and one of the Nikkei heavyweights KDDI Corp surged 5.8 percent and SoftBank Corp advanced 3.1 percent. After market close on Monday, NTT Docomo said it would cut carrier fees by up to 40 percent.
Shares in Japan's big telcos jumped on Tuesday after market leader NTT Docomo announced smaller-than-feared price cuts, alleviating concerns about a profit-dampening price war. NTT Docomo shares were up 3.5 percent in early Tokyo trading, with KDDI Corp up 5.6 percent and SoftBank Corp up 2.7 percent. Japan's big three telcos are under government pressure to reduce carrier fees to help stimulate consumer spending in other parts of the economy.
March 29 (Reuters) - Hutchison Telecommunications Hong Kong Holdings Ltd: * HUTCHISON TELECOMMUNICATIONS HONG KONG ANNOUNCES ACQUISITION OF MINORITY INTERESTS IN HUTCHISON TELEPHONE COMPANY LIMITED AND ...
Rovio Entertainment Oyj is in talks with “several” investors to take a stake in its subsidiary Hatch -- a “Netflix for games” platform that Sprint will use to showcase what its high-speed 5G handsets can do when it opens its new network in May.
Japan's leading mobile operator Docomo has invested in Hatch, a spin-off of Angry Birds game maker Rovio, to bring 5G gaming to Japanese consumers, Rovio said on Wednesday. Docomo and Hatch described the partnership as "strategic" on Wednesday, without revealing its value.
Rovio's efforts to diversify beyond its Angry Birds franchise is getting a little investment boost today. The company announced that Japan's NTT Docomo is taking a stake in Hatch, a Rovio subsidiary that describes itself as the "Netflix of gaming," providing subscribers with a rotating mix of freemium games from a mix of publishers, with the option of paying a single monthly fee for a wider mix. Docomo and Rovio are not discussing the size or value of the stake, but a spokesperson for Rovio told TechCrunch that prior to this deal, Hatch was 80 percent owned by Rovio and 20 percent by Hatch personnel.
For the year ending December 31, 2018, the Matthews Japan Fund (Trades, Portfolio) returned -20.18% (Investor Class) while its benchmark, the MSCI Japan Index, returned -12.58%. For the fourth quarter of the year, the Fund returned -20.38% (Investor Class), versus -14.20% for the Index. Warning! GuruFocus has detected 3 Warning Signs with T. Click here to check it out.
Japan's big three telecom operators plan not to use current equipment and upcoming fifth-generation (5G) gear from China's Huawei Technologies Co Ltd [HWT.UL] and ZTE Corp , Kyodo News reported on Monday. The news, for which Kyodo did not cite sources, comes at a time of heightened scrutiny of Chinese tech firms by Washington and some prominent allies over ties to the Chinese government, driven by concerns they could be used by Beijing for spying. Last week sources told Reuters that Japan planned to ban government purchases of equipment from Huawei and ZTE to ensure strength in its defences against intelligence leaks and cyber attacks.
Japan's three biggest mobile networks are aiming for a similar timeframe, a year ahead of their original 2020 schedule, to coincide with the Rugby World Cup. One of the country's leading carriers, NTT DoCoMo, has now announced a 5G milestone with the help of Mitsubishi Electric. Together they hit 27Gbps during outdoor trials in Japan's Kanagawa Prefecture.
First, a couple of quick follow-ups to our coverage of Form Ds yesterday, and then a deeper dive into the challenges SoftBank is facing with regards to its revenue in Japan. Form Ds are (usually) filed by startups to the SEC when they take on venture capital.
Japan's efforts to hit its elusive inflation target have been hampered by slow wage growth and intensifying global trade frictions but are now also facing headwinds from plans by the country's biggest mobile phone carrier to cut fees. NTT Docomo Inc said on Wednesday it would cut mobile charges by up to 40 percent in the April-June quarter next year, following government criticism that fees are left artificially high due to a lack of competition in the industry. Other dominant carriers like KDDI Corp and SoftBank Group Corp could follow suit, which could add to the Bank of Japan's headaches as it struggles to achieve its slippery 2 percent inflation target, analysts say.
Rakuten Inc on Thursday unveiled a tie-up with telecom company KDDI Corp as the Japanese e-commerce firm aims to enter the mobile phone services business, challenging bigger rivals NTT Docomo and SoftBank Group Corp. KDDI will give Rakuten access to its nationwide roaming services, while Rakuten will provide KDDI its expertise in mobile payments, the two companies said in a statement.
Japan's Nikkei fell on Thursday, pulled down by large cap mobile phone companies after NTT Docomo said lower service fees will start hitting its earnings next year, stoking concerns about the profit outlook for the sector. NTT Docomo Inc said that it would reduce service fees by 20-40 percent in April-June that would affect its earnings from the next fiscal year.