Japan’s tech news headlines in February of 2023 touched on subjects and technologies including moves towards a Japanese digital yen e-currency, tightening restrictions on semiconductor-related exports from Japan, renewed vitality in Japan’s startup ecosystem, and more.
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“A key constraint of Japan’s startup ecosystem for decades had been the lack of labor market dynamism, with Japan’s top talent locked into lifetime employment arrangements at large firms and with traditional employers. Now, however, a strong positive feedback loop has developed in which greater human capital flows further drive accelerated labor market dynamism. This is fueling Japan’s startup ecosystem as it matures.”
- Japan: Government to restrict exports of advanced semiconductor manufacturing equipment, most likely primarily impacting China, following amendment to foreign exchange law
- Japan’s NTT Docomo and Rakuten Mobile set for R&D information-sharing on Open RAN with UK enterprises and institutions
Japan: “…the country plans to encourage its industrial giants – long at the forefront of chips, cars, batteries and machines – to invest in startups and pique technological progress at home…”
- Japan: 20 startups selected for JETRO x Techstars Startup City Acceleration Program, working in social media, blockchain-based novels as NFTs, health-tech and more
- Japan: Central bank to launch a CBDC pilot to test a ‘digital yen’ in April, although only simulated transactions will occur during the pilot stage
- Semiconductor alliance of Taiwan, the US, Japan and South Korea held its first video meeting of senior officials last week, focused on supply chain resilience
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