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YOKOHAMA (AP) — An anonymous holding company
has acquired Japan's little-known Hosaka Linear Devices
to become the third larget embedded device manufacturer
in the world.
Japanese economists are cautiously optimistic, heralding
the move as an early indicator of what's already being
called the "Millennial Economic Miracle". These comments
are in stark contrast to warnings from politicians that the
anonymous acquisition likely represents the efforts of
state actors to directly manipulate the Japanese economy.
Speculation continues as to whether Hosaka's acquisition
is connected to unusual high-frequency trading activity
reported by NYSE earlier in the year.
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