Aya Onishi

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Tokyo Electron looks to tap India's chip potential early on: CEO

Sep 13, 2024 | asia.nikkei.com | Aya Onishi |Ryosuke Hanada

NEW DELHI -- Japanese semiconductor equipment maker Tokyo Electron aims to get in on the ground floor of India's expanding chip supply chain, President and CEO Toshiki Kawai told Nikkei in an interview at this year's Semicon India expo, whose final day was Friday. "We would like to establish a system to deliver equipment and provide after-sales support by 2026," Kawai said of India.
Semicon India: Modi touts goal to become chipmaking powerhouse

Sep 11, 2024 | asia.nikkei.com | Aya Onishi |Ryosuke Hanada

NEW DELHI -- India rolled out the red carpet for global chipmakers during Wednesday's opening of Semicon India, the semiconductor expo marking the country's full-fledged entry into the industry. "This is the right time to be in India," Prime Minister Narendra Modi said during a keynote address at the event, which took place just outside of the capital New Delhi.
India's Tata enlists Tokyo Electron in semiconductor push

Sep 9, 2024 | asia.nikkei.com | Aya Onishi |Ryosuke Hanada

PUNE, India -- Tata Electronics said Monday it will partner with Japanese chipmaking equipment maker Tokyo Electron in training and other areas part of a move into semiconductors. Tata Group is one of the biggest conglomerates in India, with leading companies in information technology services, autos and other industries. At the end of February, the Indian government announced its approval of the group's plan to build the nation's first homegrown semiconductor fabrication plant.
Mitsubishi Electric bets on price hikes amid headwinds in China, Europe

Jul 30, 2024 | asia.nikkei.com | Aya Onishi

TOKYO -- As Mitsubishi Electric faces headwinds in China's factory automation and Europe's air conditioning market, investors are focusing on whether the company will succeed in raising product prices to move beyond a testing scandal that has tarnished its reputation. Mitsubishi Electric will announce financial results for the quarter on Wednesday.
Toshiba to invest $640m in semiconductors with eye to EVs, electric grid

Jun 12, 2024 | asia.nikkei.com | Aya Onishi

TOKYO -- Toshiba plans roughly 100 billion yen ($640 million) in capital spending to build up its semiconductor business over the next three years, according to a top executive, as the Japanese industrial group pursues new growth since going private. "We expect the total investment amount companywide to be at the same level as the past three years, but we will channel investment to growing businesses," Senior Executive Vice President Koji Ikeya told Nikkei recently.
Mitsubishi Electric and Aisin to launch EV parts joint venture

May 23, 2024 | asia.nikkei.com | Aya Onishi |Ryohei Shimizu

TOKYO -- Mitsubishi Electric and auto parts supplier Aisin plan to set up a joint venture for electric and hybrid vehicle components, Nikkei has learned, leveraging their combined scale for more efficient research and development as price competition intensifies. The company, to be majority owned by Mitsubishi Electric, will develop and produce components such as energy-saving inverters.
Toshiba hones quantum encryption as commercialization nears

Dec 2, 2023 | asia.nikkei.com | Aya Onishi

TOKYO -- With commercial quantum cryptography potentially as little as a few years away, Toshiba is forging ahead with research to develop secure communication services with a technology it has worked on for decades. Toshiba is a global leader in the field. It has successfully sent and received quantum encrypted data transmitted 600 kilometers between Tokyo and Osaka, and started technology trials with Western financial institutions.
Toshiba set to delist in bid for revival under Japanese consortium

Nov 22, 2023 | asia.nikkei.com | Yoichiro Hiroi |Aya Onishi |Yuta Fukushima

TOKYO -- Toshiba will delist on Dec. 20 after shareholders on Wednesday approved steps for the troubled industrial group to go private and seek a revival under a consortium led by buyout fund Japan Industrial Partners. The acquisition, which will end Toshiba's 74 years as a listed company, sees the departure of activist investors that had clashed with the Japanese blue chip's management over strategy.
Toshiba eyes iridium supply network for green-hydrogen production

Oct 5, 2023 | asia.nikkei.com | Aya Onishi

TOKYO -- Toshiba will explore an alliance to establish a supply network for iridium, a rare metal that is key to its plans to produce clean hydrogen, under plans announced Thursday. Wholly owned subsidiary Toshiba Energy Systems & Solutions signed a memorandum of understanding last week with fellow Japanese company Furuya Metal, which boasts expertise in processing and recycling rare metals, including iridium.
Toshiba opens U.K. quantum tech hub with focus on encryption

Sep 22, 2023 | asia.nikkei.com | Aya Onishi

TOKYO -- Toshiba launched a quantum technology hub in the U.K. city of Cambridge on Friday, aiming to commercialize such advancements as quantum communication, a form of next-generation encryption. "The U.K. is a very good place for innovation. Quantum technology can lead to solving various problems such as carbon neutrality," said Toshiba President and CEO Taro Shimada at an opening ceremony on Friday.