Some 200 Japanese companies and organizations will take part in an initiative to develop smart cities in Southeast Asia, as Tokyo battles for influence with its Chinese and South Korean rivals.
Alliances & Technology Transfer
Arm Holdings, the British chip technology firm owned by Japan's Softbank Group Corp, is joining with automakers General Motors Co and Toyota Motor Corp to establish common computing systems for self-driving cars, an effort the companies hope will speed development of the technology.
Nikkei on Monday said it acquired a 14.79% stake in Singapore-based artificial intelligence startup DC Frontiers for an undisclosed sum.
Leading Vietnamese developer BRG Group and Japanese trading house Sumitomo Corp. will spend 450 billion yen ($4.21 billion) to develop a smart city on the outskirts of Hanoi, the partners said Sunday.
The Japanese and U.S. space agencies have agreed to step up collaboration on advancing human activities on the moon as a way of realizing the eventual exploration of Mars.
Toyota Motor's expansion of its capital partnership with Subaru aims to help Japan's largest automaker develop a balanced worldwide network for emerging technologies such as self-driving vehicles, as upstarts vie with established players to set global standards.
Toyota Motor announced on Friday that the company will turn Subaru into an equity-method affiliate, expanding the 14-year-old partnership between the Japanese automakers to invest more effectively in new technologies.
Japan's Astellas Pharma has partnered with an American startup to develop ultrasmall implantable devices that could be used to discover and treat conditions that are difficult to address with conventional pharmaceuticals.
Honda Motor has launched Japan's first scooter-sharing service, teaming with a SoftBank-backed startup in an effort to help offset falling motorbike sales in the country.
The Fukushima Prefectural Government is leading a collaborative effort involving companies from different industries and a robotics testing field to invent a flying car.