News On Japan

Toyota joins other Japan companies to make next-generation chips

TOKYO, Nov 11 (Nikkei) - Toyota Motor and around nine other Japanese companies will team up with the government to launch a new entity to develop and make next-generation semiconductors, Nikkei has learned, aiming to establish manufacturing processes by the late 2020s.

With competition for next-generation semiconductor technology intensifying around the world, the new company will provide a platform for collaboration with U.S. companies, as well as governments.

Toyota supplier Denso, NTT, Sony Group, chipmaker Kioxia Holdings, NEC and SoftBank are among the companies expected to invest in the project, each pouring in about 1 billion yen ($6.8 million).

The Japanese government will support the project through subsidies and other means. Tetsuro Higashi, former president of chip equipment maker Tokyo Electron, led the establishment of the new company. Mitsubishi UFJ Bank will also participate, and the new company will solicit further investment and cooperation from other companies.

Named Rapidus, from Latin meaning "rapid," the new company aims to develop the next generation of logic semiconductors used in computing, known as "beyond 2-nanometer technology," and to build a production line by the end of this decade. From around 2030, it will aim to start contract manufacturing for companies that design and use semiconductors. ...continue reading

Source: ANNnewsCH

News On Japan
POPULAR NEWS

Zao’s iconic snow monsters, the frost-covered trees known as 'juhyo,' face an existential threat. These towering, snow-laden trees have long been a winter highlight in the region, famously resembling monstrous figures covered in snow. However, their survival is now under severe threat.

EF Education First, a global education organization, published this year’s English Proficiency Index on Wednesday, ranking nations worldwide. Japan’s ranking stood at 92nd among 116 countries and regions, continuing a 14-year trend of record lows.

Ginzan Hot Springs in Yamagata, known for its Taisho-era charm, is now at peak season for autumn foliage. While this secluded onsen town is a well-known destination in the Tohoku region, an influx of foreign tourists has led local officials to implement restrictions on day visitors starting next month.

Japan's Ministry of Health, Labour and Welfare has announced plans to allow the sale of over-the-counter drugs at convenience stores without on-site pharmacists.

Japan's Ministry of Health, Labour and Welfare's advisory panel has outlined a proposal for amending the law to prohibit working more than 14 consecutive days. Under the current system, workers can technically work up to 48 days in a row through a system known as 'four-day-off-per-four-weeks,' while labor agreements also allow for holiday work, meaning there are no effective restrictions on consecutive workdays.

MEDIA CHANNELS
         

MORE Business NEWS

New government data show Japan's GDP grew for the second consecutive quarter in the three months through September. (NHK)

Uber Eats, a major online delivery service, announced on the 13th that it will begin robotic deliveries in select areas of Osaka starting on October 14th. This service, utilizing AI-driven autonomous robots, aims to address the ongoing delivery labor shortage.

Rakuten Group reported an operating profit of 500 million yen for the quarter from July to September, marking a sharp turnaround from last year’s 54.4 billion yen loss and achieving its first quarterly profit in nearly four years.

Seven & i Holdings says it has received a buyout proposal from a company linked to the founder of its Ito-Yokado supermarket chain. (NHK)

Japan's Ministry of Health, Labour and Welfare has announced plans to allow the sale of over-the-counter drugs at convenience stores without on-site pharmacists.

Japan's Fair Trade Commission has issued a recommendation to publishing giant KADOKAWA and its subsidiary, citing violations of the Subcontract Act over 'unjust price cutting' practices involving compensation paid to freelance writers and photographers.

Japan's Ministry of Health, Labour and Welfare's advisory panel has outlined a proposal for amending the law to prohibit working more than 14 consecutive days. Under the current system, workers can technically work up to 48 days in a row through a system known as 'four-day-off-per-four-weeks,' while labor agreements also allow for holiday work, meaning there are no effective restrictions on consecutive workdays.

Renowned guitar brand Fender has partnered with the beloved character Hello Kitty in a new collaboration.