Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028 
Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses 
Pony.ai, Uber, and Verne Launch Europe's First Commercial Robotaxi Service in Zagreb 
Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth 
NIO ES9 SUV Launch Sends HK Shares Down 7% Despite Bold Pricing Strategy 
Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts 
Bill Ackman Eyes New Fund to Bet Against Market Complacency 
U.S. Automakers Push Back Against EU Rules Blocking American Trucks from European Market 
Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes 
China Vanke Seeks Bond Extension Amid Mounting Debt Crisis 
Chinese Cars in Europe: Consumer Trust Is Shifting Fast 
OpenAI Addresses Security Vulnerability in macOS App Certification Process 
Tokyo Electric Power Attracts Major Investors Amid Billion-Dollar Restructuring Push 
San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home 
TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave 
Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles 
Disney Plans to Cut 1,000 Jobs Amid Ongoing Restructuring Efforts 
Samsung Electronics is setting up a new semiconductor research facility in Japan near Tokyo. The South Korean firm is reportedly spending $280 million or ¥40 billion on this project.
According to NHK Japan, Samsung Electronics will build its research and development (R&D) hub in the Minato Mirai business district located in the city of Yokohama. The site is expected to be a center for inventing chip-packaging technology for high-performance silicon.
Japanese Government's Subsidy Grant
It was reported that Japan has been continuously working on attracting foreign semiconductor companies so they will open their facilities in the country. This is because the nation sees chipmaking as critical to economic security and would like to boost its local supply chain.
As part of its efforts to entice chipmakers, the Japanese Ministry of Industry revealed it will grant subsidies to Samsung Electronics worth up to ¥20 billion. With this amount, the government covers almost 50% of the total cost of the new R&D facility.
Japan will continue to scale up its chip industry as it looks to support the recovery of domestic chip manufacturing. Prime Minister Kishida Fumio confirmed that the government committed to subsidizing Samsung Electronics for its advanced chip lab in the territory. In any case, Reuters reported that the electronics firm's $280 million investment is set to be distributed over five years.
Details About the New Samsung Research Center
Meanwhile, Korea Joongang Daily mentioned that Samsung Electronics' research center in Tokyo has been named the "Advanced Package Lab" or simply APL. The hub will have a floor space measuring 71,000 square feet and be divided to house the company's research facilities and backup offices. The firm aims to open the lab in 2024 and is expected to hire about 100 new researchers.
"Samsung wishes to fortify leadership in semiconductors through continuous technology research," Samsung's head of chip unit, Kyung Kye Hyun, said in a statement this week. "Yokohama is one of the most suitable locations to collaborate with industries, universities and research centers, as it houses many companies and institutions related to chip packaging."
Photo by: Samsung Media Library
