Silicon Valley, Nov. 12 (Jiji Press)–Japan’s industry ministry held a ceremony Sunday to mark the opening of a new base for Japanese startups in Palo Alto, California.   The new base is aimed at supporting Japanese startups in Silicon Valley, a major center of the information technology industry. It will become fully operational by the end of the year.  ….Read more

Japan’s government will release an economy security plan this month meant to protect vital industries like semiconductors and advance cooperation with international partners.

NHK reported that Trade and Industry Minister Nishimura commented on the Biden administration’s latest decision to penalize Russian enterprises for their roles in the war in Ukraine, several of which are also involved in the Arctic LNG 2 project that multiple Japanese companies maintain stakes in. “We are aware that the sanctions were imposed not on the project per se….Read more

TOKYO – Japan said Tuesday it, the United States and Australia will fund an estimated 135 million Australian-dollar ($90 million) project to develop advanced telecommunications networks in the South Pacific amid China’s growing clout in the region.   Under the East Micronesia Cable project, to be completed in 2025 at the earliest, about 2,250 kilometers of undersea cables connecting Micronesia,….Read more

TOKYO – Japan decided Thursday to boost its infrastructure support for emerging and developing nations, referred to as the “Global South,” in a bid to curb their dependence on China and Russia for vital materials and components for batteries and solar panels.   In updating its strategy to expand infrastructure exports, the government also refrained from mentioning economic cooperation with….Read more

Japanese Prime Minister Fumio Kishida’s meeting Thursday with global chip company executives highlighted a flurry of activity in the country that has brought more than 2 trillion yen ($14 billion) in announced investment plans since 2021.