Tech News

The Apple logo is pictured at its flagship retail store in San FranciscoSAN FRANCISCO (Reuters) - Apple Inc will delay the start of production on a larger, 12.9-inch iPad until around September because of problems involving the display panel supply, said a report by Bloomberg News citing people familiar with the company's plans as saying. Production on the bigger tablet had been scheduled to begin this quarter, Bloomberg cited one of the people as saying. (Reporting by Edwin Chan)


Shopper wearing a mask rides an escalator past advertisements for Sharp Corp's Aquos television at an electronics shop in TokyoBy Taiga Uranaka and Ritsuko Ando TOKYO (Reuters) - Loss-making Japanese electronics firm Sharp Corp meets its main banks on Thursday in an effort to secure its second major bailout since 2012, betting they will have little choice but to pay up despite their call for more drastic overhauls. Sharp Chief Executive Kozo Takahashi will meet officials from Mizuho Bank and Bank of Tokyo-Mitsubishi UFJ, hoping to discuss further funding and buy time, people with direct knowledge of the matter said. Sharp may consider an exit from solar panels and plant closures, but these would not be enough for the banks, which want Sharp to follow the more successful Panasonic Corp and Sony Corp with bolder moves, the sources said.


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