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Japan earnings bellwether Yaskawa cuts forecast on Korean chip slump

January 12, 2025

Memory chip business to rely more on select customers: SK Group chairman
TOKYO — The AI memory chip business is becoming more specialized but also more reliant on a small number of “locked-in” customers, according to SK Group Chairman Chey Tae-won. SK Hynix, the South Korean group’s chip company, has made a name for itself amid the artificial intelligence boom as the prim supplier of high bandwidth…
‘World’s first’ autofocus glasses could spell the end of reading specs
While Mark Zuckerberg was hyping Meta’s latest Ray-Ban smartglasses and Apple was promoting its Vision Pro mixed reality headset in 2023, Finnish startup IXI was quietly crafting high-tech specs for more practical purposes. Founded in 2021, the company emerged from stealth in April with $36mn in funding to commercialise what it claims are the world’s…
New autonomous tractor can shift from farming to warfare
Spanish startup Voltrac has emerged from stealth with an autonomous tractor that lives a double life. In peacetime, the 3.5-tonne electric vehicle zips around farms, hauling heavy goods and using cameras to gather data on crop health. But when enlisted, the tractor is equally capable of navigating enemy assaults to deliver critical supplies to frontline…
Europe’s $3.1B satellite merger won’t rival Musk’s Starlink
Two satellite heavyweights are about to form a European rival to Starlink. But they’ll face an uphill battle to compete with Elon Musk’s firm. Luxembourg-based SES’ proposed $3.1bn takeover of Intelsat is set to get the green light from EU officials, reports. A final verdict is expected by June 10. SES first announced plans to…
Japanese startup’s lunar lander crashes into moon, again
TOKYO — Japan’s ispace said Friday that its lunar lander failed in its attempt to achieve a soft touchdown on the moon, marking the second such setback in as many years and a blow to the startup’s ambition to become Asia’s first private company to achieve such a feat. After the Resilience lander lost communication…
Paramount chair Shari Redstone confirms thyroid cancer diagnosis
Paramount Global chair Shari Redstone was diagnosed with thyroid cancer earlier this spring, a spokesperson for Redstone said in a statement to on Thursday. After feeling fatigue and other symptoms, Redstone sought medical help about two months ago and was diagnosed with thyroid cancer the next day. Surgeons removed her thyroid gland, but some cancer…
ASEAN can capitalize on Trump’s tariff tantrum, says business lobby head
TOKYO — Southeast Asian countries can capitalize on the rollout of tariffs and other U.S. policies by revisiting neglected relationships with other trade partners, as well as open doors to foreign students, the head of ASEAN’s business lobby told Nikkei Asia. “I think there is a lot of upside and we need to work together,”…
Diddy’s ex-girlfriend testifies about sex and drug use
IE 11 is not supported. For an optimal experience visit our site on another browser. Ghost networks leave patients struggling to find care 03:46 Trump suggests Ukraine, Russia ‘fight for a while’ 01:13 Luigi Mangione’s alleged di entries reveal motive for killing CEO Brian Thompson 01:29 Live Like Braun: Community rallies to keep memory of…
Public feud between Trump and Musk erupts
IE 11 is not supported. For an optimal experience visit our site on another browser. Ghost networks leave patients struggling to find care 03:46 Trump suggests Ukraine, Russia ‘fight for a while’ 01:13 Luigi Mangione’s alleged di entries reveal motive for killing CEO Brian Thompson 01:29 Live Like Braun: Community rallies to keep memory of…