SoftBank to maintain stake in Arm after partial sale: Nikkei

(Reuters) – SoftBank Group Corp (9984.T) will keep a stake in its chip company Arm Holdings Ltd, even if it sells part of it to Nvidia Corp (NVDA.O) or through an initial public offering, the Nikkei Asian Review reported here

FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo

The Japanese conglomerate is currently negotiating terms with Nvidia after receiving an approach last month, the report said, citing an unidentified source familiar with the matter, adding that it is possible that SoftBank would take stake in Nvidia after it bought Arm.

The report did not mention how much stake the company will retain in Arm.

SoftBank did not respond to a Reuters request for comment.

The Wall Street Journal reported last month that SoftBank was exploring options including a full or

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Japan, Britain to protect encryption keys in trade pact, Nikkei says

FILE PHOTO: A man poses inside a server room at an IT company in this June 19, 2017 illustration photo. REUTERS/Athit Perawongmetha/Illustration

TOKYO (Reuters) – Japan and Britain have agreed not to force their companies to disclose algorithms or set up local data servers, as part of talks aimed at a bilateral trade deal, the Nikkei said on Saturday.

A Japan-Britain agreement on advanced digital standards would pave the way for creating an international framework to protect intellectual property and the free flow of data, the business daily reported, without citing sources.

The two nations hope to clinch a deal before Britain’s transition out of the European Union concludes at the year end, to avoid any gaps in bilateral trade arrangements.

Under the bilateral deal, the two governments would not force their companies to hand over encryption keys, which are used to protect proprietary corporate technology and information, the Nikkei

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Sony to turn financial arm into wholly owned unit for $3.7 billion: Nikkei

FILE PHOTO – The Sony logo is seen on a building in the Manhattan borough of New York City, New York, U.S., January 16, 2019. REUTERS/Carlo Allegri

TOKYO (Reuters) – Sony Corp (6758.T) will turn its financial arm, Sony Financial Holdings Inc (8729.T), into a wholly owned unit through a tender offer worth about 400 billion yen ($3.72 billion), the Nikkei business daily reported on Tuesday.

The deal, to be completed this summer, will allow the Japanese electronics and entertainment giant to strengthen its presence in the fintech field to compete with global tech giants such as Alibaba Group Holding Ltd (BABA.N) and Apple Inc (AAPL.O), the newspaper said.

Sony plans to offer about 2,600 yen for each Sony Financial share – beyond the 65% stake it currently owns – for a premium of about 30% over Monday’s closing price of 2,064

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TSMC stops new Huawei orders after U.S. restrictions: Nikkei

FILE PHOTO: A logo of Taiwan Semiconductor Manufacturing Co (TSMC) is seen at its headquarters in Hsinchu, Taiwan August 31, 2018. Picture taken August 31, 2018. REUTERS/Tyrone Siu/File Photo

(Reuters) – Taiwan Semiconductor Manufacturing Co Ltd has stopped new orders from Huawei Technologies [HWT.UL] in response to Washington’s move aimed at further limiting chip supplies to the Chinese company, the Nikkei reported on Monday, citing multiple sources.

The orders which TSMC took before the new ban and those already in production are not impacted and could continue to proceed if those chips could be shipped before mid-September, according to the report. (

TSMC, the world’s biggest contract chipmaker and a key Huawei supplier, had announced plans to build a U.S.-based plant on Thursday and on Friday added it was “following the U.S. export rule change closely”.

A new rule, unveiled by the U.S. Commerce Department on Friday, expands

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