Nike Earnings at Risk as UBS Cuts Price Target to $42 
SpaceX Nasdaq 100 Weight to More Than Double in Rebalance 
US Federal Register Drops Alibaba Qwen AI Search Tool 
White House Bars CNN, MS NOW and Politico Reporters 
fnny Beta Launches With a Simple Idea: Find an Event, Show Up, Get Rewarded 
Telix to Acquire Germany’s ITM in $1.65 Billion Radiopharma Deal 
US Northeast Airports Resume Operations After Telecom Outage Disrupts Thousands of Flights 
Volkswagen Shares Slide After 2026 Profit Outlook Cut 
SoftBank Launches $11 Billion Bond Sale to Fund OpenAI Investment 
Hyundai CEO Warns Chinese Automakers Could Disrupt US Market 
Japan, U.S. Discuss $19 Billion GlobalFoundries Chip Plant 
CNN, MS NOW and Politico Sue Trump Over White House Media Ban 
Petrobras Joins Brazil’s New Diesel Subsidy Program 
Allegro Raises 2026 Outlook as International GMV Surges 
NASA, Boeing Discuss Expanding Starliner Missions 
Meta Partners With Shopify to Bring Shop Pay Checkout to Muse AI 
Prysmian, Rio Tinto Supply Low-Carbon Cables for Amazon Ohio Data Center 
Add as a preferred source on Google
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
