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November 21, 2024
 

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CHIPMAKERS

Chipmaker Kioxia, formerly Toshiba Memory, is reportedly targeting a December IPO.
BUSINESS / Markets
Nov 21, 2024
Chipmaker Kioxia to receive market listing approval, sources say
Bain-backed Kioxia will have a market value of about ¥750 billion ($4.84 billion) based on the indicative price for its initial public offering.
Japan's exports rebounded in October, led by a pickup in chip equipment demand in China.
BUSINESS / Economy
Nov 20, 2024
Japan’s exports grow, helped by China even as global risks rise
Exports rose 3.1% from a year ago, led by strong growth in shipments of chip-making equipment, especially sales to China.
Huawei’s struggles reflect how years of U.S. sanctions have scored initial success at freezing Chinese technology advancements at current levels, and deprived its national champions of the chance to graduate to the next level.
BUSINESS / Tech
Nov 20, 2024
China’s chip advances stall as U.S. curbs hit Huawei AI product
Huawei's hurdle has implications for China's broader ambitions, suggesting the country will lag further behind the U.S. in 2025 when newer chips emerge.
Former economic revitalization minister Daishiro Yamagiwa has been named the new head of the Liberal Democratic Party's group that promotes semiconductors.
BUSINESS / Economy
Nov 19, 2024
Former minister Daishiro Yamagiwa named to lead LDP semiconductor group
Appointment follows pledge by Prime Minister Shigeru Ishiba of more than ¥10 trillion in fresh public support for chip and artificial intelligence sectors.
Hokkaido Electric Power's Tomari nuclear plant. The company says it will be able to meet a boom in consumption from planned data centers and a chipmaking plant provided it is allowed to restart its nuclear reactor.
JAPAN
Nov 18, 2024
Hokkaido Electric sees power demand surge with data center boom
Hokkaido boasts a cold climate, which reduces cooling costs, and potential for renewable energy, particularly offshore wind.
Rice fields in the town of Ozu, Kumamoto Prefecture. The water-filled paddies glistening under the sun is a symbol of a long-running effort to preserve the prefecture’s groundwater.
ENVIRONMENT / Sustainability / OUR PLANET
Nov 17, 2024
Japan's chipmaking rush pressures Kumamoto's special water supply
TSMC and others hope that support for existing projects and proper wastewater management can avoid undermining water development efforts lauded by the U.N.
Taiwan Semiconductor Manufacturing Co.'s JASM plant in Kikuyo, Kumamoto Prefecture, on Sept. 13
BUSINESS / Tech
Nov 11, 2024
Japan unveils ¥10 trillion plan to aid domestic chip industry
The plan, which will provide the support by fiscal 2030, comes as countries look to strengthen control over their chip supply chains.
A person visits TSMC Museum of Innovation in Hsinchu, Taiwan, on May 29.
ASIA PACIFIC / Politics
Nov 10, 2024
U.S. ordered TSMC to halt shipments to China of chips used in AI applications, source says
The order comes just weeks after TSMC reported that one of its chips had been found in a Huawei AI processor.
In a fresh aid package set to be compiled this month, the Japanese government will show its commitment to large-scale strategic support spanning several years in both areas, bearing in mind Rapidus, which has advanced into the Hokkaido region to mass-produce next-generation chips.
BUSINESS / Tech
Nov 9, 2024
Japan eyes ¥2 trillion for chips and AI in economic package
In the package, to be compiled this month, the government will show its commitment to large-scale support spanning several years in both areas.
U.S. President Joe Biden announces a preliminary agreement with Intel for a major CHIPS and Science Act award, during a visit to the Intel Ocotillo Campus, in Chandler, Arizona, in March.
BUSINESS / Tech / FOCUS
Nov 9, 2024
Trump’s win sets off race to complete chip subsidy deals
The Biden administration is aiming to shore up one of its signature initiatives before President-elect Donald Trump enters the White House.
NAND flash memory maker Kioxia plans to use a new method for listing in Japan that would fast-track its oft-delayed initial public offering. Both the price and size of the stake to be floated were undecided, according to a filing Friday.
BUSINESS / Tech
Nov 9, 2024
Kioxia files for long-delayed IPO as Samsung’s lead grows
The NAND flash memory maker plans to debut on the Tokyo Stock Exchange between this December and June next year.
Asian chipmakers, led by Taiwan's TSMC and South Korea's Samsung Electronics, have collectively invested at least $117 billion in the U.S.
BUSINESS / Companies
Nov 7, 2024
What's at stake for Asian companies under a Trump presidency
Trump has floated the idea of a 10% or more tariff on all goods imported into the U.S.
Nvidia CEO Jensen Huang speaks during the launch of the supercomputer Gefion in Kastrup, Denmark, on Oct. 23. Nvidia's recent strength has come as the company calmed investor concerns about issues involving its Blackwell chip, which was delayed due to engineering snags, as well as its long-term growth prospects.
BUSINESS / Companies
Nov 6, 2024
Nvidia rides AI wave to surpass Apple as world’s largest company
Its share price rose 2.9% to $139.93 on Tuesday, taking its market capitalization to $3.43 trillion, ahead of Apple's $3.38 trillion.
Kioxia, formerly Toshiba Memory, had planned to begin production at the fab last year but has delayed that to autumn 2025.
BUSINESS / Tech
Nov 5, 2024
Kioxia sees flash memory demand almost tripling by 2028
The chipmaker, which was hammered by a downturn in the market for memory chips, is readying a major capacity expansion at its new fab.
Japan controlled half or more of the global chips market through the 1980s but has less than a tenth of the market today.
BUSINESS / Companies
Nov 5, 2024
Japan taps U.S. chip startup Tenstorrent to help train new wave of engineers
The contract is part of Japan's effort to reinvigorate its semiconductor industry.
Chipmaker Nvidia will replace rival Intel in the 128-year-old Dow Jones Industrial Average prior to the start of trading on Nov. 8.
BUSINESS / Tech
Nov 2, 2024
Nvidia to replace Intel in the Dow Jones Industrial Average
The company will replace rival Intel in the 128-year-old Dow Jones Industrial Average prior to the start of trading on Nov. 8.
A subcommittee of Japan's Fiscal System Council proposed Friday that the government provide efficient support over multiple years to the sector, which is growing in importance from the perspective of economic security.
BUSINESS / Tech
Nov 2, 2024
Japan panel calls for medium-term chip sector aid strategy
The subcommittee said the government provide efficient support over multiple years to the sector, which is growing in importance.
Images of semiconductor wafers at the Taiwan Semiconductor Manufacturing Co. (TSMC) Museum of Innovation in Hsinchu, Taiwan, on April 18, 2023. Taiwan's stock market emerged as the hottest major bourse in Asia over the past year, led by TSMC and Hon Hai Precision Industry.
BUSINESS / Tech
Oct 31, 2024
AI’s $1.3 trillion future increasingly hinges on Taiwan
Thousands of businesses, executives and entrepreneurs rely on the island's unparalleled combination of talent, cost and speed.
Kunihiro Tanaka, CEO of Sakura Internet, says the firm's data center under construction in Hokkaido will likely be fully booked by the time it comes online in three years.
BUSINESS / Companies
Oct 31, 2024
Sakura Internet loads up on Nvidia gear for data center project
Sakura’s current capacity is now fully booked, with a waiting list that extends for years.
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.
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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.

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