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Technology development of Japan: Science and technology in Japan has helped fuel the rapid industrial and economic development of the country. Japan has a long history and tradition for scientific research and development, stretching as far back as the Meiji period. The Industrial Revolution in Japan occurred during the Meiji era. The industrial revolution began around 1870 as Meiji era leaders decided to catch up with the West. The government built railroads, improved roads, and inaugurated a land reform program to prepare the country for further development. In the late 1860s and early 1870s, telegraph, railroad, and a modern postal system were introduced for the first time into Japan. With their expansion, regional markets were gradually integrated into the national market in many industries. In 1887, the first electric power company was established. Meiji period 1868-1912 #snsinstitutions #snsdesignthinkers #designthinking

🤝 Vietnam, RoK Forge Ahead in Semiconductor Cooperation On August 6, the Korea Trade and Investment Promotion Agency in Hanoi (KOTRA Hanoi), part of the Embassy of the Republic of Korea (RoK) in Vietnam, held a conference to enhance Vietnam-RoK cooperation in the semiconductor industry. 🎤 Key Highlights: ➡️RoK Ambassador to Vietnam Choi Young Sam expressed optimism about the event marking a significant milestone not only in traditional manufacturing sectors but also in advancing bilateral cooperation in the hi-tech industry. The RoK Embassy, KOTRA, and all Korean agencies will continue efforts to bolster semiconductor collaboration between the two nations. ➡️Vo Xuan Hoai, Deputy Director of the National Innovation Centre under the Ministry of Planning and Investment (MPI), highlighted that Vietnam hosts over 40 chip design companies and nearly 15 firms involved in packaging, testing, and manufacturing semiconductor-related equipment, many of which are from the RoK, including Samsung, Hana Micron, and Amkor Technology. 📈 Vietnam’s Strategic Commitment: ➡️The Vietnamese Government has shown a strong political commitment to advancing the high-tech semiconductor sector, considering it a key area for future socio-economic development. ➡️The Prime Minister established a National Committee to oversee the semiconductor industry's development, with himself serving as the Chairman. ➡️The MPI has submitted a national strategy on semiconductor industry development and a human resources development scheme to the PM. Additionally, a draft decree will be submitted to establish special mechanisms for semiconductor companies in the NIC. 🌍 Opportunities Ahead: Experts believe that as global competition intensifies to become semiconductor manufacturing hubs, Vietnam stands to benefit if it strategically focuses its investments. Areas of focus should include microchip design, semiconductors for smart vehicles, mid-range technology chips, and semiconductor packaging. 💼 #Vietnam #RoK #Semiconductor #TechIndustry #GlobalTrade #Innovation #HighTech #BusinessOpportunities #EconomicGrowth

The NSSTF's role in ensuring investments align with the nation's economic goals underscores the importance of strategic planning and policy frameworks to promote growth and innovation in the semiconductor industry. By fostering an environment conducive to investment and development, Malaysia can strengthen its position in the global semiconductor value chain, driving economic progress and technological advancement Article from: The Star National Semiconductor Strategic Task Force (NSSTF) to devise additional strategies and policies aimed at elevating the electrical and electronics (E&E) ecosystem towards higher positions in the value chain within crucial sectors. MSIA President Datuk Seri Wong Siew Hai underscores that this initiative is pivotal for enabling Malaysia to chart the trajectory of its domestic semiconductor industry, advocating for the active participation of all stakeholders. Expressing anticipation for MSIA's involvement in the NSSTF, Wong Siew Hai highlights the significance of this effort amidst an intensely competitive landscape. Recognizing the substantial contribution of the E&E sector to Malaysia's economy and its pivotal role in the global supply chain, he stresses the imperative for collaborative endeavors to maximize Malaysia's potential in this industry. Wong emphasizes the imperative for Malaysia to foster investments that leverage advanced technology and talent. Moreover, he underscores the imperative for Malaysia to attract investments and talent with advanced capabilities. The establishment of the NSSTF aims to align investments with the Madani Economy's objectives, as outlined by Prime Minister Datuk Seri Anwar Ibrahim in January, which include propelling Malaysia into the world's top 30 largest economies and top 12 in global competitiveness within a decade, focusing on enhanced regionalization, competitiveness, and value chain ascension. Thanks to The Star for the full article. You can click the source link below for more info: https://lnkd.in/d5CAWyTN International Semiconductor Executive Summits International Semiconductor Executive Summits - Asia #MSIA  #MalaysiaSemiconductor  #NSSTF #SemiconductorEcosystem #ValueChainGrowth #GlobalCompetitiveness #TalentDevelopment #semiconductorindustry

- The Japanese government announces a substantial subsidy of 732 billion yen (NT$153.78 billion or US$4.86 billion) for TSMC's second chip plant in Kumamoto. - Prime Minister Kishida Fumio endorses plans for the second factory during the inauguration of TSMC's first plant in Kyushu. - Economy, Trade, and Industry Minister Saito Ken reveals that the Cabinet has finalized the subsidy amount, with conditions emphasizing local sourcing for the new facility. To know more, read the full article on #theenterprise #japan #government #trade #economy #finance #globalbusiness #theenterprisenews #followformore #energy #global

How will geoeconomic disruptions impact South Korea? And how will it adapt its development model? Professor Kim Heungchong from the Graduate School of International Studies, Korea University, shared his views on the way forward of South Korea. "The heightened tension due to US-China competition presents significant challenges to South Korea's semiconductor giants, given their reliance on international markets for production and components. Moreover, given the nature of South Korea's industries, which are heavily dependent on overseas resources and components, current geoeconomic disruptions pose a major challenge to maintaining stable supply chains in almost all manufacturing supply chains," said Prof. Kim Heungchong. Continue reading here: https://lnkd.in/gwW6cRQN

Exciting news - South Korea's $19 billion support package for its semiconductor industry is a game-changer in the tech world, signaling a pivotal moment in the sector's evolution. This strategic investment underscores the crucial role of chips in today's economy, paving the way for new opportunities and challenges. Opportunities: - Innovation Boost: South Korean firms are set to spearhead chip manufacturing innovation with robust financial backing and R&D initiatives. - Economic Growth: Emphasizing infrastructure and SME support can drive job creation and economic growth, benefiting the entire supply chain. Challenges: - Global Competition: In a fiercely competitive semiconductor landscape, South Korea faces the challenge of maintaining and strengthening its competitive position in the global market. - Sustainable Development: Striking a balance between rapid growth and sustainable practices will be key for long-term success in this resource-intensive and competitive industry. South Korea's bold move sets a precedent for global peers, highlighting the pivotal role of government support in advancing technology and driving economic progress. #SemiconductorIndustry #Innovation #EconomicGrowth #GlobalCompetition #SustainableDevelopment #Asia Read more: [Link to the article]

The semiconductor industry is facing considerable difficulty in satisfying the ongoing demand. This discrepancy is adversely influencing essential investments in areas like decarbonization and the enhancement of the shipping sector. To tackle this challenge, it is essential for countries and international leaders to streamline processes, invest in research, expand production capabilities, and distribute semiconductor production more broadly. Over the past year, this mismatch in supply and demand has led to substantial shifts in the pricing of technology, with an average increase of around 5-10% in energy-saving devices aimed at the shipping industry, consequently discouraging vessel owners from adopting retrofit solutions.

From this picture, the strategic relevance of Taiwan is crystal clear.

Internet | China Technology Sector - Eric Wen Why does the US want to improve US-China relations? In our view, it is the cave-in of Chinese economy that gives US administration a great opportunity to manoeuvre ahead of the 2024 election. Now is the best time to engage China for market opening concessions. Senator Schumer specifically mentioned semiconductor, financial and aerospace. We expect some exchanges. Then why does China play along? We believe the main reason is Taiwan, whose presidential election is in January and pro-independence candidates are leading the polls. China also needs US to help arresting the capital flight out of China and show endorsement to Xi’s 3rd term. We don’t think US will lift restrictive policies on solar PV, battery and EV as these initiatives are in place to encourage domestic investment and need 3-5 years to bear fruits. Similarly, we will see resistance from Chinese high-tech industries for lifting sanctions on firms like Micron, now that significant R&D has been spent. We see more concessions made by China as currently China needs US more than US needs China. We suggest investors to take profit ahead of the Taiwan election. Read full story here: https://buff.ly/40J2xmo For more information on our #internet product, and other Aletheia Capital research, please contact [email protected] #investments #advisory #ideas #fintech #InYourCorner

Shares in Taiwan ended relatively unchanged on Monday as many investors remained cautious. Large-cap tech stocks, including Taiwan Semiconductor Manufacturing Co. (TSMC), trended lower, hindering the broader market's upward movement. The tourism sector also faced pressure after efforts to field a joint presidential ticket between the opposition Kuomintang (KMT) and Taiwan People's Party stalled, potentially impacting tourism exchanges between Taiwan and China. The Taiex, Taiwan's benchmark index, ended up 0.01 percent at 17,210.47. #AsiaOperations #AssetPriceChange #Taiwan Follow us for daily updates on risk and operations in Asia! https://lnkd.in/gv8_Ufpa