Topics covered on the February 2024 issue:
・This was compiled by “Weekly Japanese Industrial and Policy News”.
Legislation and Policy News
- METI provides Google Cloud free of charge to generative AI development companies
- METI contributes JP¥45 billion to cutting-edge semiconductors
- Establishment of a specialized organization to examine the safety of AI
- 6-month residence status for digital nomads
- Azure adopted as computational resource for domestic LLM development project “GENIAC”
- Japan-Ukraine economic recovery promotion meeting held in Tokyo
- TSMC Kumamoto 2nd Factory will receive up to JP¥732 billion in subsidy
Survey and Business Data
- 124 Japanese companies, including Kao, rated the highest in terms of environmental friendliness
Company & Organization News
- Nippon Steel confirms 33% reduction in blast furnace CO2 emissions using hydrogen reduction technology
- Chubu Electric Power invests directly in Dutch offshore wind power company
- Kioxia announces investment in mass production of advanced memory
- Mitsui O.S.K. Lines and JX Oil Exploration collaborate to build CCS value chain between Japan and Australia
- Germany's H2 Global Foundation signs memorandum of understanding on clean hydrogen with JOGMEC and the Tokyo Metropolitan Government
- JOGMEC signs a memorandum of cooperation with Brazil's Minas Gerais Economic Development Authority (SEDE) and Development Promotion Corporation (Invest Minas)
- Renesas acquires US semiconductor software development company for JP¥889 billion
- Toyota and Chiyoda Corporation to jointly develop world's smallest water electrolysis system
- Panasonic Energy procures graphite for EV battery material from Australia
- Toyota Tsusho supports decarbonization of Kenya
- JAXA, H3 rocket launch successful
- Marubeni to produce recycled aviation fuel from household waste in Dubai
- Mitsubishi Chemical develops biodegradable resin with more than 60% biomass and turns it into soil in 31 weeks
- Idemitsu, ENEOS, Hokuden, one of the largest hydrogen production bases in Japan in Hokkaido
- Five electric power companies transfer plutonium in France to Kyushu Electric and Shikoku Electric
- SoftBank Group and Saudi government-affiliated company manufacturing industrial robots
- Chubu Electric Power and others create a roadmap for zero fossil fuels in the Galapagos Islands
- Kawasaki Heavy Industries and French company partner to develop fuel cells for construction machinery
- Idemitsu, Mitsubishi Corporation, and Swiss companies produce ammonia in North America
- Kajima invests in Canadian geothermal power generation startup
- Rakuten Symphony and Ukrainian telecommunications carrier “Kyivstar” reach basic agreement on implementation of Open RAN
- Rapidus partners with Canadian company to manufacture AI semiconductors
- Itochu investigates synthetic fuel production in Australia
- Tokyu Land and Renewable Japan jointly acquire Spain's Valdecaretas solar power plant
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