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October 17, 2025
 

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CHIPMAKERS

The Tokyo-based company Kioxia Holdings’ IPO price was ¥1,455, right at the middle of its range. That valued the firm at ¥784 billion ($5.2 billion).
BUSINESS / Companies
Dec 9, 2024
Bain-backed Kioxia sets IPO price, valuing memory maker at $5.2 billion
The Tokyo-based company’s IPO price was ¥1,455, right at the middle of its range.
The departure of Intel CEO Pat Gelsinger opens the possibility of fresh deal talks.
BUSINESS / Companies
Dec 4, 2024
Intel’s CEO departure opens door to new deal discussions
The CEO's departure is also an opportunity for suitors to take another look at acquiring some or all of Intel.
The Internet Society of China has urged domestic companies to think carefully before procuring chips from the U.S.
WORLD / Politics
Dec 4, 2024
U.S. chips 'no longer safe,' Chinese industry bodies say in latest salvo
Their advice could affect U.S. chipmaking giants like Nvidia, AMD and Intel, which have managed to keep selling products in China despite export controls.
Beijing has banned the export of gallium, germanium and antimony to the U.S.
WORLD / Politics
Dec 4, 2024
China dials up U.S. trade tension with tit-for-tat metals export ban
The targeted metals are used in everything from semiconductors to satellites and night-vision goggles.
Intel CEO Pat Gelsinger delivers a speech at the COMPUTEX forum in Taipei on June 4. When Gelsinger met with the Intel board last week, he was given the option to retire or be removed.
BUSINESS / Companies
Dec 3, 2024
Intel CEO forced out by board frustrated with slow progress
Whoever replaces Pat Gelsinger will face the same set of problems he was brought in to fix, including the fallout from decisions made by his predecessors.
The goal of the administration of U.S. President Joe Biden, building on years of evolving trade restrictions, is to slow China’s domestic development of advanced semiconductors and artificial intelligence systems that may help its military.
BUSINESS / Tech
Dec 3, 2024
U.S. tightens curbs on China’s access to AI memory and chip tools
The new measures included exemptions for key allies such as Japan and the Netherlands.
Under new U.S. rules, chipmaking equipment made in Malaysia, Singapore, Israel, Taiwan and South Korea will be subject to curbs on exports to China, while the Netherlands and Japan will be exempt.
BUSINESS / Tech
Dec 2, 2024
Latest U.S. strike on China's chips hits semiconductor toolmakers
Equipment made in Malaysia, Singapore, Israel, Taiwan and South Korea will be subject to curbs on exports to China, while the Netherlands and Japan will be exempt.
Prime Minister Shigeru Ishiba arrives to deliver a policy address during a Lower House session in Tokyo on Friday.
BUSINESS / Tech
Nov 29, 2024
Japan earmarks extra ¥1.5 trillion for chips and AI this year
Japan is fighting to keep up in a global spending spree on cutting-edge tech led by China and the U.S.
The industry ministry plans to provide aid of up to ¥70.5 billion to auto parts maker Denso and Fuji Electric for the joint production of power semiconductors.
BUSINESS / Companies
Nov 29, 2024
Denso and Fuji Electric to get government aid for power chips
Although Japanese companies have a large share of the global power semiconductor market, production volume per maker is smaller compared with European and U.S. peers.
A wafer on display at the Semicon China expo in Shanghai on March 20
WORLD / Politics
Nov 28, 2024
U.S. readies China chip curbs that stop short of earlier proposals
American chip equipment makers have warned that tougher measures would bring catastrophic harm to their business.
Scale is becoming important even for distributors like Macnica Holdings, which sells chips made by the likes of Intel’s Altera.
BUSINESS / Companies
Nov 27, 2024
Japan’s top chip distributor eyes acquisitions in China and India
Macnica Holdings is eyeing an overseas acquisition to better hold its own against bigger competitors.
Wall Street is rotating out of the chip sector, put off by stretched valuations and trade war-related risks under Donald Trump.
BUSINESS / Tech
Nov 27, 2024
Software is in, chips are out as traders position for Trump era
Software has been on an upswing given its lower exposure to tariff risks, and as the tailwind from AI looks set to shift from infrastructure to services.
Seiji Osaka, the leader of the Constitutional Democratic Party of Japan's Hokkaido chapter, has expressed concern over the finances of Rapidus, which is supposed to be in full production of cutting-edge 2-nanometer chips by 2027.
JAPAN / Politics / Regional Voices: Hokkaido
Nov 25, 2024
CDP’s gains in Hokkaido raise political questions about Rapidus
The head of the party's Hokkaido chapter has expressed concern over the finances for the project, which aims to produce 2-nanometer chips by 2027.
With its initial public offering, Kioxia is valuing the company at ¥750 billion.
BUSINESS / Companies
Nov 22, 2024
Japan chipmaker Kioxia IPO set for next month
Formerly the semiconductor unit of Japanese engineering giant Toshiba, the company is the world's third-largest producer of NAND flash memory chips.
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.
NVIDIA's founder and CEO Jensen Huang delivers a keynote address in San Jose, California, on Mar. 18.
BUSINESS / Tech
Nov 21, 2024
Nvidia's AI chip demand still booming but slowing sales worry investors
The company is in the middle of launching its powerful Blackwell artificial intelligence chips, which will weigh on gross margins initially but improve over time.
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.
Coalition talks could bring Takaichi closer to being PM
Nippon Ishin no Kai leader and Osaka Gov. Hirofumi Yoshimura meets with Liberal Democratic Party President Sanae Takaichi in Tokyo on Wednesday.
Trump declares U.S.-China trade war as Bessent floats long truce
U.S. Treasury Secretary Scott Bessent speaks during a press conference in Washington on Wednesday.
Asia can learn from Europe’s immigration mistakes
Refugees and migrants, mostly from Syria and Afghanistan, crowd a platform at a train station in Budapest in September 2015. Hungary's focus on pro-natalist policies and minimal immigration has led to a significant improvement in its fertility rate compared to Japan.
Singapore thrived in a U.S.-led world. Now what?
The aircraft carrier USS Theodore Roosevelt moors at Changi Naval Base in Singapore in April 2018.
Sumo is about to hit London and the West with a force previously unseen
Preparations advance on Monday for the Grand Sumo Tournament at the Royal Albert Hall in London.
Sumo is about to hit London and the West with a force previously unseen
Preparations advance on Monday for the Grand Sumo Tournament at the Royal Albert Hall in London.
Number of scenarios now on the table for who might be Japan’s next prime minister
Newly-elected leader of Japan's Liberal Democratic Party Sanae Takaichi (right) celebrates with Prime Minister Shigeru Ishiba after winning the LDP leadership election in Tokyo on October 4.
Pace eyes great strides for Japan’s art market
Pace Japan Vice President Kyoko Hattori, the de facto head of the nation’s business, believes a larger, more lucrative art market will allow Japan to be more attractive for collectors.
A frenetic diplomatic schedule looms for Japan’s next leader — whomever that may be
As horse-trading and speculation surge over who will be elected the next prime minister in parliament — the ruling Liberal Democratic Party's Sanae Takaichi or a possible candidate put forward by a unified opposition — Japan’s next leader will be confronted with a quick succession of key diplomatic events.
Ghost of Yotei’s bloodstained fun sidesteps Ainu identity
Ghost of Yotei, the follow-up to 2020's smash hit Ghost of Tsushima, is a violent, vengeful and engaging romp through 17th-century Hokkaido that fails to stick the landing on its most sensitive cultural material.

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