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Japan's PC shipments in July increased by 37.7% year-on-year, the largest increase in nearly three years.
On August 28, Gelunhui reported that the Japan Electronics and Information Technology Industries Association (JEITA) released statistics indicating that PC products introduced during the previous work-from-home period are now entering the replacement period due to the epidemic.
Hezbollah launches large-scale attack on Israel.
[Defense] The Islamic Shia organization Hezbollah in Lebanon in the Middle East has announced that it has launched a large-scale attack on neighboring Israel. It has been reported that more than 320 rocket shells were launched at Israeli military bases and other military facilities, completing the first stage of the attack. Prime Minister Netanyahu has shown a readiness to retaliate, raising concerns about further escalation of the conflict. <7011> Mitsubishi Heavy Industries, <7012> Kawasaki Heavy Industries, <6503> Mitsubishi Electric, <7270>
Resuming the export of bombs to the US and Saudi Arabia.
The Biden administration is reportedly soon to export $750 million worth of bombs to Saudi Arabia for defense purposes, which will remove the main obstacle to relations between both countries according to officials from both sides. <7011> Mitsubishi Heavy Industries, <7012> Kawasaki Heavy Industries, <6503> Mitsubishi Electric Corp. unsponsored ADR, <7270> Subaru Corp. unsponsored ADR, <7224> ShinMaywa Industries, <7721> Tokyo Keiki.
Nippon Tungsten Reports Strong Quarter Start
Nippon Tungsten: Financial statements for the first quarter of the fiscal year ending March 2025 [Japan standard] (consolidated)
Nippon Tungsten Co 1Q Net Y187.00M Vs Net Y177.00M
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