TOKYO -- Asian equity markets closed mixed Wednesday, as most Japanese investors remained on the sidelines ahead of earnings reports from some of the country's big technology companies.

In Tokyo, the

Nikkei 225

closed down 307.7, or 2%, at 14,840.5 and the


index, which includes all shares listed on the

Tokyo Stock Exchange

, fell 11.2, or 0.8% to close at 1407.2.






(SNE) - Get Report

will post results later this week, but the tech giants took separate paths Wednesday. NEC lost 25 yen, or 1.1%, to 2,235 ($20.71) and Sony closed up 30 yen, or 0.3%, at 10,410.

Sanyo Electric


tanked 100 yen, or 10.1%, to 891, after the firm's president resigned during a scandal over defective solar panels.

Telecom shares had a better session, as

Nippon Telegraph & Telephone


rose 30,000 yen, or 3.1%, to 1 million and wireless operator

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closed up 40,000 yen, or 1.4%, at 2.97 million.

The dollar traded at 107.91 yen, down from 108.33 yen Tuesday.

South Korea's


index also moved lower Wednesday, falling 2.7, or 0.5%, to 542.3, as technology shares weakened, but other major stock markets in the region ended the day in the plus column.



index jumped 105.2, or 1.8%, to close at 6023.8, as chipmakers

Taiwan Semiconductor

(TSM) - Get Report


United Microelectronics

(UMC) - Get Report

built on Tuesday's 6% gains.

Hong Kong's

Hang Seng

index rose 135.2, or 0.9%, to 15,061.2, as heavyweight

China Mobile

(CHL) - Get Report

rose HK$1.25, or 2.5%, to 52.00 ($6.67).