Technology news from Japan in October 2024 captured a range of items and developments, including: Japanese testing of solar energy transmission from space; Japan’s support for domestic semiconductors firm, Rapidus; Japan’s moves towards full-scale quantum encryption on communications; and more – hit the links below to read each Japan tech news item in full.
Japan market reference:
- Japan’s population (2023): 123.3 million
- Japan’s online population: 117.4M / 94.2%
- Japan’s median age: 49.9 years
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Lowy Institute Asia Power Index 2024 – Key findings
- Japan’s JPYC, issuer of yen-pegged stablecoin, partners South Korea’s ITCEN IT major for stablecoin research, particularly focusing on integrations with real-world assets / full item
- Japan: Toyota and NTT telecoms giant partner for R&D on driver assistance systems, looking to leverage artificial intelligence, and optical communications technology / full item
- Japan: Researchers complete early test, capturing solar energy in space for conversion and transmission to ground stations on Earth / full item
- Japan: Logistics and shipbuilding firms, and gov’t and political organizations, were hit by a Russia-based cyber-attack / full item
- Japan: A look at Project Pax cross border payment system, involving big-3 banks, MUFG, SMBC and Mizuho, integrating Swift messaging with a stablecoin system / full item
- Japan: Rapidus chipmaker and Denso auto supplier partner to share design methods for advanced chips, targeting standardization in Japan for AI and autonomous vehicles / full item
- Japan: Gov’t rolls out plans for a 300MW wind farm off Hokkaido coast to boost energy for new Rapidus semiconductor manufacturing facility, and new SoftBank data centre / full item
NBR: Asia’s Space Ambitions – Next chapter in global space competition
- Japan: Gov’t commits to quantum encryption by 2030, enlisting Toshiba, NEC and others with public-private investment over 5 years to prepare for next-gen cyber-attacks / full item
- Japan: Honda-backed Ashirase launches device for the visually-impaired, guiding individuals via shoe-worn device that vibrates based on information from a smartphone app / full item
- Masayoshi Son, founder of Japan’s SoftBank Group, sees AI tech running a range of daily household activities inside 2-3 years, covering health, payments, ordering and more / full item
- Japan’s PM: “Using blockchain technology, NFTs, and more, we will look to maximize the value of a multitude of analog local products, such as food and tourism experiences…” / full item
- Canada’s Pangaea Ventures VC firm sharpens Asia focus with Japan office, targeting deeptech startups with new $85M fund / full item
- Malaysia’s GHL online payments firm and Japan’s JCB International ink strategic partnership, opening JCB Cards payments to GHL merchants in Malaysia, Thailand and the Philippines / full item
- Philippines: Ayala Corp to sell 50% of shares in Mynt, parent of GCash – and JV between China’s Ant Group, Philippines’ Globe Telecom and Ayala – to Japan’s Mitsubishi in $318M deal / full item
- South Korea, Japan and the US are to boost joint efforts to combat North Korea’s hacking activities, in response to a rise in attacks on global virtual currency exchanges / full item
Yuri Group: Fuel-in’ Fashion – recycled clothing and hydrogen
