Japan - Asia Tech Wire

Japan

2024.12.26

17:37

Japanese govt to contribute $635 million to chipmaker Rapidus

The Japanese government plans to contribute 100 billion yen ($635 million) to local chipmaker Rapidus in the second half of 2025, according to Kyodo News.

2024.12.23

17:44

Merck to invest more than $72.88 million in new advanced materials development center in Japan

German pharmaceutical giant Merck announced last week that it will invest more than 70 million euros ($72.88 million) to build a new advanced materials development center at its Shizuoka plant in Japan.

2024.12.18

17:10

Xiaomi Japan to launch bricks-and-mortar stores to promote IoT features

Xiaomi Japan will launch bricks-and-mortar stores to promote Internet of Things (IoT) features, according to Kyodo News.

2024.12.13

16:53

TSMC's first factory in Kumamoto Prefecture, Japan, is nearing mass production, per Bloomberg.

2024.11.06

09:57

Japan's 4 carmakers launch joint project to test self-driving trucks

Asia Tech Wire (Nov 6) -- Four Japanese commercial vehicle makers, including Isuzu Motors and Hino Motors, launched a joint evidence trial of self-driving trucks on the highway on Tuesday.

09:47

Japanese regulator grants first license to test fly flying cars

Asia Tech Wire (Nov 6) -- Japan's Ministry of Internal Affairs and Communications (MIC) has issued a license to U.S. startup Joby Aviation to test-fly air taxis via remote control.

2024.11.01

09:46

Bain Capital plans to make tender offer for Japan's Fuji Soft

Asia Tech Wire (Nov 1) -- Bain Capital said Friday it plans to make a tender offer for Japanese systems developer Fuji Soft early this month, but is still waiting for corporate approval.

09:31

Japan begins tougher penalties for cyclists using cell phones, riding drunk

Asia Tech Wire (Nov 1) -- Japan has been implementing a revised road traffic law since Friday that severely punishes the use of cell phones while cycling and cycling under the influence of alcohol.

2024.10.29

07:57

KKR, Bain Capital battle for control of Japan's Fuji Soft

Asia Tech Wire (Oct 29) -- Two U.S. private equity firms are fighting a major takeover battle for a Japanese company.

2024.10.23

09:48

Tesla to sell home batteries in Japan through Yamada

Asia Tech Wire (Oct 23) -- Tesla will sell its Powerwall home battery system in Japan through electronics store chain Yamada Denki, according to Nikkei.

2024.10.22

08:13

Japan's TDK launches new capacitor for EV wireless charging

Asia Tech Wire (Oct 22) -- Japanese electronic parts maker TDK Corp. has developed a multilayer ceramic capacitor (MLCC) for wireless charging of pure electric vehicles, according to Nikkei.

2024.10.17

08:44

TSMC's second Japanese factory to break ground in Kumamoto within year

Asia Tech Wire (Oct 17) -- TSMC's second Japanese factory will break ground in Kikuyo Town, Kumamoto Prefecture, within the year.

03:03

Japan's ITOCHU expands character licensing business in content industry overseas

Asia Tech Wire (Oct 17) -- Japan's Itochu Corporation said Wednesday that it will expand its licensing business in the content industry, including animation and games.

2024.10.16

08:43

Toyota, Honda, Nissan agree to strengthen cooperation on auto software development

Asia Tech Wire (Oct 16) -- Toyota, Honda and Nissan have agreed to strengthen cooperation on automotive software development, according to Yomiuri Shimbun.

2024.10.11

09:31

Japanese govt plans to fund chipmaker Rapidus

Asia Tech Wire (Oct 11) -- The Japanese government is exploring the possibility of contributing funds to Rapidus, a chip company that aims to mass-produce next-generation semiconductors by 2027, according to Kyodo News.

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Weekly Highlights

                                    Taiwan's weighted index rose 2.6%, with semiconductor stocks leading the gains, and TSMC rising more than 4%
                            2024-12-23

                                    Huawei's Automotive BU spin-off is in the countdown, and old employees are expected to receive extra compensation when they transfer to other companies? Insider: I haven't heard of it.
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                                    Tuanmaimai, the WeChat community group buying business under Meituan (03690.HK), issued an announcement stating that due to platform business adjustments, Tuanmaimai will cease operations from 24:00 on December 31, 2024.
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                                    Mao Yinian, Vice President of Meituan: Meituan has invested in several robot companies including Yushu and Galaxy General
                            2024-12-27

                                    A-share SMIC rose more than 5%
                            2024-12-27