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RYOHTAROH SATOH in asian news

RYOHTAROH SATOH - Nikkei staff writer - Japan's auto industry has an AI chip problem, says self-driving startup - asia.nikkei.com - Japan - China - city Tokyo

Japan's auto industry has an AI chip problem, says self-driving startup

TOKYO -- The Japanese auto industry is facing higher costs and potentially less design freedom as artificial intelligence chips become more expensive and reliance on overseas companies like Nvidia grows, said the semiconductor development chief of Turing, a Tokyo-based self-driving startup.

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RYOHTAROH SATOH - Nikkei staff writer - Japan's Rapidus raises sales target on upbeat outlook for AI devices - asia.nikkei.com - Japan -  Tokyo

Japan's Rapidus raises sales target on upbeat outlook for AI devices

TOKYO -- Japanese government-backed chipmaker Rapidus is aiming for higher sales for its cutting-edge semiconductors than previously anticipated as it expects strong demand for AI in PCs and smartphones.

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RYOHTAROH SATOH - Nikkei staff writer - Panasonic scraps timetable for EV battery growth as U.S. market slows - asia.nikkei.com -  Tokyo

Panasonic scraps timetable for EV battery growth as U.S. market slows

TOKYO -- Key Tesla supplier Panasonic Energy says it is no longer aiming to triple revenue and quadruple production capacity of EV batteries by fiscal 2030, amid slower demand in North America.

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RYOHTAROH SATOH - Nikkei staff writer - Saudi games company wants to deepen Nintendo, Capcom ties - asia.nikkei.com - Japan -  Tokyo - Saudi Arabia

Saudi games company wants to deepen Nintendo, Capcom ties

TOKYO -- A gaming company backed by Saudi Arabia's Public Investment Fund (PIF) is eager to forge stronger bonds with Japanese game developers, such as Nintendo and Capcom, to open up avenues for investment and game localization in the Middle East.

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Anwar Ibrahim - RYOHTAROH SATOH - Nikkei staff writer - Malaysian leader Anwar to kick off Future of Asia forum in Japan - asia.nikkei.com - Japan -  Tokyo - China - Malaysia

Malaysian leader Anwar to kick off Future of Asia forum in Japan

TOKYO -- The Future of Asia, Nikkei's flagship annual conference, opens Thursday in Tokyo, bringing together political and business luminaries from across the region to discuss this year's theme: Asian leadership in an uncertain world.

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RYOHTAROH SATOH - Nikkei staff writer - Panasonic to ramp up EV battery production in Japan - asia.nikkei.com - Japan -  Tokyo

Panasonic to ramp up EV battery production in Japan

TOKYO -- Panasonic Holdings is looking to more than double its domestic production of EV batteries to supply potential customers like Mazda and Subaru and improve the performance of its Japanese factory.

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RYOHTAROH SATOH - Nikkei staff writer - Tokyo Electron eyes 20% sales boost as AI lifts demand for chips - asia.nikkei.com - Japan -  Tokyo - Usa

Tokyo Electron eyes 20% sales boost as AI lifts demand for chips

TOKYO -- Japanese chip tool maker Tokyo Electron said on Friday that it expects sales to grow 20% in the fiscal year ending next March, as global chip makers continue to invest in advanced technology on the back of growing demand for generative artificial intelligence applications.

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RYOHTAROH SATOH - Nikkei staff writer - Panasonic racks up record profit on back of U.S. subsidy - asia.nikkei.com - Japan -  Tokyo

Panasonic racks up record profit on back of U.S. subsidy

TOKYO -- Japan's Panasonic Holdings reported a record net profit of 443 billion yen ($2.8 billion) for the fiscal year ended in March, on the back of temporary tailwinds including a U.S. government electric vehicle battery subsidy. But the major Tesla supplier is forecasting difficult times ahead as the EV market slows.

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