Electronics Japan's Funai fell victim to Asia competition, succession troubles TV supplier's share of North American market fell from 14% to 3% in a decade ...

OSAKA -- Negotiators for Japanese consumer electronics maker Funai Electric's bankruptcy proceedings have initiated talks to sell its television business to China's Skyworth Group, Nikkei has learned.

Funai Electric Chairperson Yoshiaki Harada filed with the Tokyo District Court on Monday for court-led rehabilitation of the company, despite the court's recent decision to initiate bankruptcy ...