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November 21, 2024
 

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Yoolim Lee
Samsung’s stock has plunged 32% from July’s peak as it lags behind rivals in AI memory and chipmaking, shedding $122 billion in market value and investor confidence.
BUSINESS / Companies
Oct 30, 2024
Samsung’s sudden $122 billion wipeout shows the cost of sleeping on AI
South Korea’s biggest company has become a stark example of how quickly fortunes can turn in the AI and chipmaking industries.
A woman walks past a Samsung store in Seoul on June 28. Sources have said that the firm is planning overseas layoffs.
BUSINESS / Companies
Oct 2, 2024
Samsung to cut thousands of jobs amid struggles in AI market
Job cuts are planned for other overseas subsidiaries and could reach 10% in certain markets, a source said.
Samsung has won the long-awaited approval from artificial-intelligence giant Nvidia for a version of its high-bandwidth HBM3 memory chips.
BUSINESS / Companies
Jul 30, 2024
Samsung begins closing gap in making AI memory chips for Nvidia
The advances that include winning approval from artificial-intelligence giant Nvidia come after months of stumbles for Samsung.
Brian Kim (center), founder of Kakao, arrives at the Seoul Southern District Court in Seoul on Monday.
BUSINESS / Companies
Jul 23, 2024
Arrest warrant out for Kakao founder in stock-rigging case
Brian Kim is facing accusations that he was involved in a stock-rigging scheme during the high-profile takeover of SM Entertainment in 2023.
Mark Zuckerberg, CEO of Meta Platforms, in Menlo Park, California, on Sept. 27, 2023.
BUSINESS / Companies
Feb 26, 2024
Mark Zuckerberg’s Asia tour to focus on AI
The Meta Platforms’ CEO is in Japan with his family on a ski trip, and is set to meet with his developers in Tokyo to discuss virtual-reality and AI.
Japan Times
ASIA PACIFIC
Dec 7, 2021
The world's relentless demand for chips turns deadly in Malaysia
The tragedy shows the little-understood human cost of keeping industries happy and supply chains running while a contagious virus rages.
Japan Times
BUSINESS
Nov 18, 2021
Japan crypto exchange bitFlyer weighs acquisition to boost firm
It's also planning to enter the non-fungible token market to tap into the boom.
Japan Times
BUSINESS
Aug 24, 2021
Chip supplies to take new hit as COVID-19 surges in Malaysia
In recent years Malaysia has emerged as a major center for chip testing and packaging, but numbers of COVID-19 infections are soaring in the country and putting operations at risk.
Japan Times
BUSINESS / Companies
Oct 16, 2020
SoftBank’s Masayoshi Son reportedly brokering a Grab-Gojek truce
A key sticking point remains whether the two companies merge all operations or whether Grab acquires Gojek's business only in Indonesia.
Japan Times
ASIA PACIFIC / FOCUS
Apr 15, 2019
In ideological battle with U.S., China wins over allies with its censored vision of the internet
A swath of the world is adopting China's vision for a tightly controlled internet over the unfettered American approach, a stunning ideological coup for Beijing that would have been unthinkable less than a decade ago.
Japan Times
BUSINESS / Companies
Feb 1, 2018
Uber plots expansion in Japan and Singapore amid talk of retreat from Asia
If Uber Technologies Inc. is planning a retreat from Asia, no one told Brooks Entwistle, head of the ride-hailing company's business in the region.
Japan Times
BUSINESS / Companies
Jun 19, 2017
Luxury online retailer Reebonz to raise up to $150 million for East Asia expansion
Reebonz Pte, Southeast Asia's largest online luxury retailer, is planning to raise as much as $150 million (¥16.7 billion) to bolster its marketplace business and fund expansion in China, Japan and South Korea.
Japan Times
BUSINESS / Companies
Jun 7, 2017
Uber rival Grab hunts for new deals with SoftBank funding
Grab, Uber Technologies Inc.'s fiercest rival in Southeast Asia, is hunting for deals with funding from its biggest backer SoftBank.
Japan Times
BUSINESS
Apr 20, 2017
Billionaire Taizo Son ditches Japan in frustration, starts afresh in Singapore
Singapore may have just added a new tech billionaire, but it had to lure him from Japan first.
Ishiba delays meeting with Trump, citing legal restrictions
Prime Minister Shigeru Ishiba waves upon arrival for the Asia-Pacific Economic Cooperation forum, in Callao, Peru, on Friday.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Rising sex tourism exposes loopholes in Japan's anti-prostitution law
While financial misfortunes during the COVID-19 pandemic may have driven some women to work the streets, others simply want more money to spend — or want to pay off their debts — at host clubs.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

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