Yageo to meet with Japan's Shibaura Electronics in mid-June
KAOHSIUNG, Taiwan, June 7 (Reuters) - Taiwan's Yageo (2327.TW), opens new tab will meet with Japan's Shibaura Electronics (6957.T), opens new tab in the middle of this month in Tokyo to discuss cooperation, Yageo's chairman said on Saturday.
Pierre Chen was speaking to reporters at an event in Kaohsiung, Taiwan.
Yageo, the world's largest maker of chip resistors, announced an unsolicited tender offer for Shibaura Electronics in February, aiming to acquire full control of the Japanese manufacturer that specialises in thermistor technology.
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Daily Mail
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- Daily Mail
America's favorite automaker is the latest to announce dealer-wide price hikes from Trump's tariffs
Toyota has confirmed it will raise prices on new vehicles starting in July. The average sticker price will climb by $270, while its luxury brand Lexus will tack on an average of $208 per car. The Japanese automaker, which consistently ranks highest in US consumer confidence, has been warning of looming price increases since late May. Facing an expected $1.3 billion tariff bill from the US government, Toyota says it has little choice but to pass some of that cost onto buyers. '[Business is] not sustainable longer term without significant price increases,' Mark Templin, Toyota's chief operating officer for North America, said in a recent event with Ward's Auto. 'And the industry already has an affordability problem.' A company spokesperson did not immediately respond to questions about pricing and tariffs. Toyota is just the latest in a growing list of automakers hiking prices in response to the Trump administration's tariff policy. In March, President Donald Trump slapped a 25 percent tariff on all vehicles and car parts entering the US market. The policy was slightly eased a month later to give companies time to shift production to US soil — but the regulatory back-and-forth has created whiplash in the industry. 'The problem is, no one knows what will happen to tariffs,' Neil Saunders, a retail expert at GlobalData, said. 'The policy has been erratic and remains uncertain.' Carmakers now say the instability is making it nearly impossible to set pricing with confidence. 'It's too early to talk about pricing,' an American CEO, granted anonymity to speak freely, told during this year's New York International Auto Show. 'There isn't enough clarity [about tariffs] to know what we can ask our customers to pay.' So far, manufacturers have responded with modest — but stacking — price bumps. Ford was first to move, raising prices by $2,000 on the Mustang Mach-E, Maverick, and Bronco Sport. All three models all made in Mexico. Toyota's CEO, Koji Sato, has led the company to huge sales heights - the company snatched the crown for world's best-selling automaker Toyota has ranked among the most respected consumer automakers in the US The company blamed the hikes on mid-cycle design refreshes, not tariffs, though analysts remain skeptical. Subaru has also announced price hikes between $750 and $2,055, depending on the trim. BMW is raising the price of its gas-powered 2026 models by 1.9 percent. Mitsubishi Motors said prices will rise by 2.1 percent. '[The increase] is based on our most recent evaluation across the industry,' Jeremy Barnes, a spokesperson for the company, told 'There will be no adjustments to vehicles already in dealer inventory.' Previously, Mitsubishi had held back vehicles at US ports while weighing whether to release them to dealers. The flurry of price hikes arrives as Americans are already facing a one-two punch on vehicle affordability. First, the average price of a new car in the US topped $49,000 last month — hovering near record highs. Second, insurance premiums are skyrocketing to match those ballooning sticker prices. And automakers are feeling the pressure, too. GM says it expects to spend between $4 billion and $5 billion on tariffs this year. Ford projects a bill between $1 billion and $2.5 billion.
Coin Geek
an hour ago
- Coin Geek
Coinbase loses fight to control ‘coinbase' trademark in the EU
Getting your Trinity Audio player ready... The EU General Court has slapped down the latest attempt by Coinbase (NASDAQ: COIN) to have a Japanese exchange's trademark over the word 'coinbase' revoked. Coinbase was appealing an earlier decision that found that the U.S.-based exchange had failed to prove that bitFly, the Japanese exchange, had secured a trademark over the word in bad faith. This week, the court agreed that Coinbase had failed to prove its claims. It's the most recent decision in a long-standing legal fight between Coinbase and bitFlyer. bitFlyer, a Japanese digital asset exchange, obtained a trademark over the word in 2015. The trademark was granted in relation to five specific classes of goods and services only. Coinbase filed with the European Intellectual Property Office, asking to have the trademark ruled invalid. It asked for this on two bases: first, the trademark risked confusion with an earlier trademark already granted to Coinbase in 2013 because that trademark related to three of the five classes of goods and services contained in bitFlyer's 2015 trademark. More substantially, Coinbase also argued that bitFlyer's trademark of the word 'coinbase' had been filed in bad faith on the basis that it was relevant to goods and services not directly tied to its business and that it was aware of the overlap with Coinbase's previously granted trademark. Coinbase primarily relied on Article 52(1)(b) of the EU's community trademark regulation no 207/2009, establishing grounds for revoking trademarks in cases where the applicant filed in bad faith. In particular, it argued that bitFlyer was aware of the pre-existing trademark as well as the overlap between three of the five categories referenced in bitFlyer's trademark application and, therefore, was made in bad faith. Coinbase initially secured a partial victory before the European Intellectual Property Office's Cancellation Division, which agreed that there was a risk of confusion concerning three categories of goods and services that were common between the two trademarks. However, it refused revocation in relation to the non-overlapping categories, rejecting Coinbase's argument that they had been sought in bad faith for lack of evidence. In other words, Coinbase had succeeded in revoking the trademark with respect to those goods and services that overlap with those provided by bitFlyer; the remaining two categories survived. Coinbase appealed this to the Office's Fourth Board of Appeal. The appeal was rejected. The Board decided that the appeal must be limited to examining whether there was bad faith behind the two remaining categories of goods and services in the trademark because the lower court had already ruled in Coinbase's favor with respect to the three overlapping categories. 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Though it again agreed that there was a risk of confusion with Coinbase's earlier patent about the overlapping categories of goods and services, it found that the U.S. exchange had still failed to prove that bitFlyer had registered the trademark in bad faith, noting that even if a trademark application is made in respect of goods and services not then being provided by the applicant, there still may not be sufficient grounds for finding bad faith. 'In any event, in light of all the foregoing assessments, the applicant [Coinbase] has not submitted relevant and consistent evidence to show that the holder of the contested international registration had filed the application for registration, not with the aim of engaging fairly in competition, but with the intention of undermining, in a manner inconsistent with honest practices, the interests of third parties,' reads the judgment. No doubt the court's commentary on the case will be examined carefully by IP lawyers worldwide. 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The Independent
3 hours ago
- The Independent
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The Nintendo Switch 2 is barely out of its box, but we're starting to see a range of titles launch on the console. Whether you've just powered yours on or you're still desperate to find one in stock, there's only one big question: what should you play first? While Mario Kart World is the only true first-party exclusive launch title made just for the Nintendo Switch 2, there's already a decent little launch line-up to play now. From upgraded ports with buttery-smooth frame rates to third-party titles that now shine on Nintendo's beefed-up system, there's lots to stick your teeth into. We've rounded up the best Nintendo Switch 2 games you'll want to play today, and we'll be updating this list as more drop. We're especially looking forward to Donkey Kong Bananza, the Switch 2 edition of Super Mario Party Jamboree and Jamboree TV, which turns the party game into a gameshow hosted by Toad, and the long-awaited Metroid Prime 4: Beyond, due later this year. Here's what to play (so far). How we tested We've spent several hours playing each of the featured titles. Our picks are based not just on how good the games are, but how well they run on the Nintendo Switch 2. That means looking at frame rate, loading times, graphical upgrades and overall performance, especially for games that have been ported or updated for the new console. We also factored in any new features or content that enhance the experience specifically on Switch 2, such as cross-save support, QR code sharing or Joy-Con functionality. Where games haven't changed much, we focused on whether they still feel good to play today, and whether this is the best version of the game to play in 2025. Why you can trust us Alex Lee is The Independent 's senior tech critic, specialising in consumer tech and gaming. He's been reviewing Nintendo Switch games for years and has been covering Nintendo's new console since before its release. Jake Brigstock is our gaming correspondent and reviews games across all platforms. Together, we've played through the Switch 2's early library and hand-picked the best titles worth your time right now. The best Nintendo Switch 2 games of 2025 are:
