| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers H > Headlines for Hitachi, Ltd. > News item |
Fitch reviews Asia-Pacific tech issuers
Fitch Ratings said it has taken action on several issuers following a sector-wide review of its Asia-Pacific corporate technology ratings.
In China: ZTE Corp.'s long-term foreign-currency issuer default rating was affirmed at BB+ with stable outlook.
In Japan: Hitachi, Ltd.'s long-term foreign-currency issuer default rating was downgraded to BBB+ from A- and placed on rating watch negative; Sony Corp.'s long-term foreign-currency issuer default rating was downgraded to BBB+ from A- and placed on rating watch negative; and Toshiba Corp.'s long-term foreign-currency issuer default rating was downgraded to BB from BBB and placed on rating watch negative.
In Korea: Samsung Electronics Co., Ltd.'s long-term foreign-currency issuer default rating was affirmed at A+ and its outlook was revised to negative from stable; LG Electronics Co., Ltd.'s long-term foreign-currency issuer default rating was affirmed at BBB and its outlook was revised to negative from stable; and Hynix Semiconductor Inc.'s long-term foreign-currency issuer default rating was affirmed at B+ and its rating watch negative is maintained.
In Taiwan: Taiwan Semiconductor Manufacturing Co. Ltd.'s long-term foreign-currency issuer default rating was affirmed at A with stable outlook; United Microelectronics Corp.'s long-term foreign-currency issuer default rating was affirmed at BBB with stable outlook; Acer Inc.'s long-term foreign-currency issuer default rating was affirmed at BBB- and its outlook was revised to negative from stable; Asustek Computer Inc.'s long-term foreign-currency issuer default rating was downgraded to BB+ from BBB- placed on rating watch negative; Quanta Computer Inc.'s long-term foreign-currency issuer default rating was affirmed at BB and its outlook was revised to negative from positive; AU Optronics Corp.'s long-term foreign-currency issuer default rating was downgraded to BB- from BB+ and its outlook was revised to negative from positive.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.