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Electric Vehicle Market Competition on a Rapid Rise: Study

More than 45 auto manufacturers are expected to be competing globally in the electric vehicle market with approximately 75 models by 2015, according to a study from IHS Automotive Supplier Business. Depending on the strength of the global recovery of automotive markets and the speed with which the electric vehicle (EV) models are marketed and the supporting infrastructure, cumulative sales are expected to total 700,000 to 1 million.

Hitachi to reorganize business structure

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Hitachi Ltd said on Friday that it would reorganize its operational structure in April by setting up five new groups, as it looks to accelerate growth in its social infrastructure business and continue overhauling its sprawling operations to boost profitability.

Asian Stocks, Euro Slip as Investors Await U.S. Jobs Data

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Asian shares and the euro fell Friday as caution set in ahead of key U.S. jobs data, which will offer more clues over the state of the world's largest economy, while Greek debt restructuring talks dragged on and undermined sentiment.
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Asian Markets Flat, Awaiting U.S. Jobs Numbers

Asian shares and major currencies were stuck in ranges Friday ahead of key U.S. jobs data, which will offer more clues over the state of the world's largest economy, while Greek debt restructuring talks dragged on.
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Employees work in the international user operations area at the new headquarters of Facebook in Menlo Park

Analysis: Facebook's Daunting Asian Challenge

Facebook aims to connect all two billion Internet users. So far it has captured 845 million of them. Of the rest, nearly 60 percent live in Asia and hooking them is going to be a daunting challenge.

NRC: Nuclear Accidents Pose Little Risk to Health

The risk to public health from a severe nuclear power plant accident in the United States is very small because reactor operators should have time to prevent core damage and reduce the release of radioactive materials, U.S. nuclear regulators said in a study on Wednesday.
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AU Optronics: forms strategic alliance with Idemitsu

Taiwan's AU Optronics, the world's fourth-largest LCD maker, said on Thursday it would form a strategic alliance with Japan's Idemitsu Kosan to develop next-generation flat screen technology, as the industry struggles with falling prices.
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Elpida seen posting $1.6 billion annual loss: NHK

Japanese chipmaker Elpida Memory Inc is likely to post a net loss of 120 billion yen ($1.6 billion) for the year ending in March, public broadcaster NHK reported on Thursday, as it struggles with a tough market and imminent debt repayments.
Qualcomm Inc. (NASDAQ: QCOM)

Qualcomm Handily Beats Street; Shares Rise

Qualcomm Inc's quarterly profit easily beat Wall Street forecasts and the wireless chip leader raised its full-year financial targets due to growing demand for smartphones such as Apple Inc's popular iPhone.
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Japan Snowstorm Kills 52, Injures 600 and Collapses Steel Bridge

At least 52 people are dead and nearly 600 injured after a massive snowstorm battered Japan, dumping some 10 feet of snow on its western coast. The storm, said to be the worst snowstorm in six years, caused at least one steel bridge to collapse and forced school closures in towns and cities across the region.
The crippled Fukushima Daiichi nuclear power plant's No.4 reactor building is seen in Fukushima prefecture, in this handout picture Jan. 14, 2012. on January 14, 2012.

No Big Fukushima Health Impact Seen: U.N. Body Chairman

The health impact of last year's Fukushima nuclear disaster in Japan appears relatively small thanks partly to prompt evacuations, the chairman of a U.N. scientific body investigating the effects of radiation said on Tuesday.
Hirai President and Group CEO of Sony Computer Entertainment presents new Sony S and P tablets at IFA consumer electronics fair in Berlin

Sony Names Hirai President and CEO, Replacing Stringer

Sony Corp named Vice President Kazuo Hirai as president and CEO, replacing Howard Stringer who will step down from day-to-day management in a long-expected change for a company struggling to regain its driving force in consumer electronics.
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Stock index futures signal gains; Amazon eyed

Stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500 up 0.6 percent, Dow Jones futures up 0.6 percent and Nasdaq 100 futures up 0.4 percent at 4:38 a.m. ET.
A man looks around Sharp's TV sets at an electronics store in Tokyo

Japan's Sharp Forecasts $3.8 Billion Loss

Japanese electronics maker Sharp said Wednesday it expected a full year net loss of $3.8 billion as it was confronting a slump in the sales of LCD color televisions and solar batteries.
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Sharp expects record net loss as TV woes spur LCD

Sharp Corp forecast a record 290 billion yen ($3.8 billion) net loss for the year to March after posting surprise quarterly losses as a slump in TV sales forced it to halve output at a western Japan LCD plant.

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