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Top-ranked fund trims Japan chip stocks for makers of soap and noodles

Business / Economy Jul 4, 2023

Top-ranked fund trims Japan chip stocks for makers of soap and noodles

by Winnie Hsu and Yasutaka Tamura

The Alma Eikoh Japan Large Cap Equity fund has cut its position in Renesas Electronics by almost a third over the past month as the stock more than doubled in value to date.

China restricts export of chipmaking metals in clash with U.S.

Business Jul 4, 2023

China restricts export of chipmaking metals in clash with U.S.

by Archie Hunter and Alfred Cang

Gallium and germanium, along with their chemical compounds, will be subject to export controls meant to protect Chinese national security starting Aug. 1, China’s Ministry of Commerce said.

U.S. Treasury chief Yellen to visit China in bid to 'responsibly manage' ties

Business / Economy Jul 3, 2023

U.S. Treasury chief Yellen to visit China in bid to 'responsibly manage' ties

by Jesse Johnson

Treasury Secretary Janet Yellen will use the four-day visit from Thursday to stress the importance of communicating “directly about areas of concern.”

IBM throws weight behind Japan chip startup it sees as vital

Business / Corporate Jul 3, 2023

IBM throws weight behind Japan chip startup it sees as vital

by Takashi Mochizuki and Yuki Furukawa

Rapidus, a venture backed by some of Japan’s biggest electronics firms, is turning IBM’s 2-nanometer chip design into production-ready silicon.

ASML hit with new Dutch limits on chip gear exports to China

Business Jul 1, 2023

ASML hit with new Dutch limits on chip gear exports to China

by Cagan Koc

The new export-control regulation will force ASML to apply for export licenses for shipment of some advanced deep ultraviolet lithography systems.

Micron delivers strong forecast in sign that glut is easing

Business / Tech Jun 29, 2023

Micron delivers strong forecast in sign that glut is easing

by Ian King

Sales will be as much as $4.1 billion in the fiscal fourth quarter, the company said in a statement. That compares with an average analyst estimate of $3.87 billion.

Japan’s latest chip deal shows a savvy strategy shift

Commentary / Japan Jun 28, 2023

Japan’s latest chip deal shows a savvy strategy shift

by Tim Culpan and Gearoid Reidy

There’s reason to believe the $6 billion bid for JSR won’t repeat previous failures

Japan unveils ¥904 billion deal to buy out chip linchpin JSR

Business Jun 26, 2023

Japan unveils ¥904 billion deal to buy out chip linchpin JSR

by Yuki Furukawa and Winnie Hsu

The government-backed Japan Investment Corp. plans to offer shareholders ¥4,350 a share in a tender offer around December.

State-backed Japan Investment Corp. in talks to buy nation's top chip firm, report says

Business Jun 24, 2023

State-backed Japan Investment Corp. in talks to buy nation's top chip firm, report says

The fund reportedly aims to make a tender offer as early as this year after clearing the buyout with domestic and foreign antitrust authorities.

Ambitious plans for U.S.-India technology sharing face hurdles

World | ANALYSIS Jun 23, 2023

Ambitious plans for U.S.-India technology sharing face hurdles

The U.S. has touted deals to sell weapons to India and share with it sensitive military technology. But standing in the way are strict rules governing export of the tech.

Biden and Modi announce defense and chips deals at White House

World Jun 23, 2023

Biden and Modi announce defense and chips deals at White House

by Justin Sink and Jenny Leonard

The two leaders also announced progress on an order for MQ-9B SeaGuardian drones and an agreement that will allow U.S. Navy ships to undertake major repairs at Indian shipyards.

TSMC's first factory in Japan has to contend with horrible traffic

Business Jun 20, 2023

TSMC's first factory in Japan has to contend with horrible traffic

by Takashi Mochizuki and Yuki Furukawa

While construction on the facility in Kumamoto Prefecture proceeds at breakneck speed, little has been done to improve conditions on the area’s roads.

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