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1 week ago |
asiatimes.com | Scott Foster
Tech giant Huawei is better prepared for US President Donald Trump’s second assault on China than it was for his first. Rather than sanctions, the primary threat to the company’s sales and profits now appears to be the possibility of a tariff-induced recession. More than 70% of Huawei’s sales are now made in China. Huawei’s total sales are nearly back to their pre-sanctions peak, supported by a switch to domestic procurement.
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3 weeks ago |
asiatimes.com | Scott Foster
After US Defense Secretary Pete Hegseth’s visit to mark the 80th anniversary of the World War II battle of Iwo Jima, the US-Japan military alliance appears to be in good health. However, the same cannot be said for the two allies’ economic relations after President Donald Trump’s recent announcement of additional 25% tariffs on imported autos, including those made in Japan. The Japanese regard this as both a serious threat to their domestic economy and a broken promise.
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4 weeks ago |
asiatimes.com | Scott Foster
South African Deputy President Paul Mashatile was in Tokyo last week for meetings with Prime Minister Shigeru Ishiba, Chief Cabinet Secretary Yoshimasa Hayashi and other government and private sector representatives.
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1 month ago |
asiatimes.com | Scott Foster
Naura Technology, China’s top semiconductor production equipment maker, has risen to 6th place in the global ranking, according to Shanghai-based technology consulting firm CINNO Research. Only industry giants ASML, Applied Materials, Lam Research, Tokyo Electron and KLA now lead Naura in terms of total sales.
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1 month ago |
asiatimes.com | Scott Foster
Japan’s hopes for an exemption from US tariffs on imported autos have been dashed. On Friday, US Commerce Secretary Howard Lutnick told Fox Business that, “If you’re going to tariff cars from anywhere, it’s got to be tariffing cars from everywhere. That would be fair, right?
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1 month ago |
asiatimes.com | Scott Foster
It’s “RISC on” in China. The Chinese government plans to promote the nationwide use of open-source RISC-V integrated circuit (IC) design standards under new guidelines that may be announced in the next few weeks, Reuters reported. China’s Cyberspace Administration, Ministry of Industry and Information Technology, Ministry of Science and Technology and National Intellectual Property Administration are all reportedly involved, according to the Reuters report.
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1 month ago |
asiatimes.com | Scott Foster
Astroscale, the Japanese space venture company, has officially become a defense contractor with the award of a contract to develop a “responsive space system demonstration satellite” for Japan’s Ministry of Defense. Announced on February 27, the three-year project will start with the development and testing of a “proto-flight” model that will then be launched to demonstrate space domain awareness, surveillance, intelligence and operational capabilities.
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1 month ago |
asiatimes.com | Scott Foster
Japan and the UK are preparing to hold their first ministerial-level consultation on economic matters on March 7, according to unnamed government sources cited by the Japanese press. Last November, with an eye on incoming US President Donald Trump’s threatened tariffs, Tokyo and London agreed to launch regular “2+2” meetings between their foreign and economics […] To continue reading, please log in to your AT+ Premium account. Not yet a member?
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2 months ago |
asiatimes.com | Scott Foster
Always something of a fashion statement, Tesla is now going out of fashion in Europe and parts of North America thanks to Elon Musk’s hard political turn. At the same time, competition in the markets for electric vehicles (EVs), autonomous driving and self-driving taxis (robotaxis) is rapidly intensifying, putting Tesla’s future at risk. In Europe, sales of Tesla vehicles were down 50.4% year-on-year in January, according to data reported by EV Magazine and other news outlets.
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2 months ago |
asiatimes.com | Scott Foster
Japan’s SKY Perfect JSAT has announced plans to collaborate with Planet Labs of the US to build an Earth observation satellite constellation to strengthen its position in space defense and intelligence. This marks another step forward for Japan’s civilian-military satellite business and its integration with those of its allies. SKY Perfect JSAT is a provider of satellite TV broadcasting services and the operator of the largest satellite communications business in Asia.