Konica Minolta Holdings Inc. said Thursday it will pull out of its money-losing camera business and will sell part of a plant, development knowledge and other assets for digital cameras to Sony Corp.
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The head of Sony -Ericsson, one of the top five mobile phone makers, said on Wednesday that the global mobile phone market is expected to remain healthy this year but growth will halve to about 10 per cent.
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Most Asian markets fell Wednesday as rising oil prices and a tumble in Tokyo spooked investors across the region. Trading in Japan ended early for the first time because of a surge in transactions on the Tokyo Stock Exchange, where the Nikkei 225 index plunged for a second day, dropping 2.9 percent amid jitters about a probe of Internet startup Livedoor Co.
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