Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
USPS Expands Electric Vehicle Fleet as Nationwide Transition Accelerates 
Australia Moves Forward With Teen Social Media Ban as Platforms Begin Lockouts 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities 
Trump Administration to Secure Equity Stake in Pat Gelsinger’s XLight Startup 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Airline Loyalty Programs Face New Uncertainty as Visa–Mastercard Fee Settlement Evolves 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation 
Samsung Electronics announced it will set up a research and development (R&D) facility in Japan. It will be an open semiconductor R&D base that will soon rise in Yokohama.
This chip development facility project is considered a collaboration between the semiconductor companies of Japan and South Korea. According to The Korea Times, the R&D's location in the southwest of Tokyo is also home to Samsung's R&D Institute in the Japanese territory.
While they are in the same area, it was reported that Samsung's facility will be operating as a separate unit. However, not much information about the plant is available at this time.
As reported by the local Japanese media, what is certain is that the facility will be a manufacturing plant for a prototype chip device. The news just boosted South Korean President Yoon Suk Yeol's plan to hand out higher tax incentives for local semiconductor producers as stated in the new K-Chips Act.
At any rate, a Japanese paper said that Samsung Electronics' new R&D hub would generate hundreds of jobs in the country, and the target date for its completion is 2025. The operation of the center is also expected to take place in the same year, and mentioned that the Korean electronics company is also looking to make use of the available subsidies being offered by the national government for all chip investments.
Finally, Business Korea reported that Samsung Electronics is investing about 30 billion yen or around KRW300 billion for the construction of the new R&D hub in Yokohama. The main products to be manufactured here are advanced semiconductor prototypes. This is said to be the back end of chip production, where a wafer is packaged into a final product after creating the electric circuits on a wafer first.
Photo by: Babak Habibi/Unsplash
