Shares of Sanyo Electric Co, formerly Japan's largest mobile-phone maker, fell the most in more than two months after the company said it hasn't decided whether to sell its unprofitable handset unit. The stock dropped 2.1 percent in Tokyo, its biggest decline since May 30, to close at ¥190 (US$1.61).
Sanyo hasn't made any decision over the sale of the mobile-phone business, spokesman Ahikiko Oiwa said on Saturday, in response to a NHK report that said the company was in talks with Japanese handset makers.
"Some investors may have been disappointed with the company's comment Saturday because we expected the company to sell the unit," said Mitsuhiro Osawa, a Tokyo-based analyst at Mizuho Investors Securities Co.
Sanyo, controlled by Goldman Sachs Group Inc and other creditors, plans to turn profitable by focusing on rechargeable batteries and selling businesses such as leasing and semiconductors. In June, it said it would announce a business plan by the end of next month that will include its strategy on chips and mobile phones.
Sanyo is in talks to sell the phone unit, the Tokyo Shimbun reported on Sunday, without citing anyone.
The government is aiming to recruit 1,096 foreign English teachers and teaching assistants this year, the Ministry of Education said yesterday. The foreign teachers would work closely with elementary and junior-high instructors to create and teach courses, ministry official Tsai Yi-ching (蔡宜靜) said. Together, they would create an immersive language environment, helping to motivate students while enhancing the skills of local teachers, she said. The ministry has since 2021 been recruiting foreign teachers through the Taiwan Foreign English Teacher Program, which offers placement, salary, housing and other benefits to eligible foreign teachers. Two centers serving northern and southern Taiwan assist in recruiting and training
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