Kyodo Industry Brief (Feb. 22) -2-
(Japan Economic Newswire Via Acquire Media NewsEdge) TOKYO, Feb. 22 -- (Kyodo) _ ---------- Renesas shareholders approve investment from gov't fund, 8 firms
TOKYO - Shareholders of struggling chipmaker Renesas Electronics Corp. on Friday approved a 150 billion yen investment plan from a Japanese government-backed fund and eight private-sector firms to accelerate restructuring measures.
---------- Sony head expects "pent-up demand" for new PlayStation
NEW YORK - Sony Computer Entertainment Inc. President Andrew House said on Thursday he anticipates a strong launch of the newly unveiled PlayStation 4, the first overhaul of the iconic gaming device since 2006.
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