TOKYO -- Asian equity markets closed broadly lower Wednesday, as the region's technology shares got pounded after

IBM

(IBM) - Get Report

reported

lackluster earnings Tuesday.

In Tokyo, the

Nikkei 225

tanked 467.7, or 3.1%, to close at 14,872.5, ending under 15,000 for the first time in more than a year and a half. The

Topix

index, which includes all shares listed on the

Tokyo Stock Exchange

, fell 30.9, or 2.2% to finish the day at 1407.3.

The

Nasdaq's

weak close also conspired with the limp IBM results to force Japanese tech shares sharply lower. Chipmaker

NEC

(NIPNY)

dropped 95 yen, or 4.2%, to 2,150 ($19.89),

Fujitsu

dropped 120 yen, or 5.4%, to 2,100 and

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Sony

(SNE) - Get Report

closed down 400 yen, or 4%, at 9,610.

Things got ugly in other sectors too, as

Canon

(CAJ) - Get Report

fell 260 yen, or 6%, to 4,080 and

Nippon Telegraph & Telephone

(NTT)

fell 50,000 yen, or 4.6%, to 1.05 million.

The dollar was trading at 108.05 yen from 108.15 yen Tuesday.

Elsewhere, Taiwan's

TWSE

index closed off 270.1, or 4.7%, at 5432.2, as chipmakers including

Taiwan Semiconductor

(TSM) - Get Report

, which dropped nearly 7%, got mauled. Hong Kong's

Hang Seng

index fell 414.9, or 2.8%, to 14,458.5.

South Korea was the only exception to the bloodletting Tuesday, as the

Kospi

index crept 1.3 higher, or 0.3%, to 514.2, after getting hammered Tuesday.