Alliances & Technology Transfer

Japanese semiconductor-maker Renesas Electronics Corp. has opened a laboratory in Shanghai jointly with a local affiliate of Germany’s Volkswagen group to boost research and development for automotive electronics applications.

Japanese automotive parts supplier Denso will join forces with Honeywell International to jointly develop electric and hybrid propulsion systems for flying passenger vehicles under plans announced Monday.

NEC Corp. has entered the competition to lead Malaysia’s digital identification project, as the government prepares to introduce biometric identities for all of its 32 million citizens.

Central Japan Railway, also known as JR Tokai, on Thursday granted journalists their first test ride of the company's newest shinkansen bullet train, which clocked in at speeds topping 360 km per hour, breaking the all-time record for the rail operator.

Swiss bank UBS and Japan's Sumitomo Mitsui Trust Holdings will form an asset-management joint venture that will target wealthy Japanese individuals seeking global investment opportunities, Nikkei has learned.

Japan's MUFG Bank will set up a 100 billion yen ($924.4 million) fund -- the largest-ever such fund by a Japanese bank -- to invest in infrastructure projects overseas by the end of 2019.

Hitachi and Canadian partner Bombardier will build and maintain high-speed trains for Italian rail operator Trenitalia under a deal valued at a combined 575 million euros ($647 million).

Major banks in Japan, the U.S. and Europe are developing a blockchain-based digital coin that can be used to instantly settle overseas money transfers instantly, lowering transaction costs by cutting out intermediaries.

The Philippines frequently finds itself in the path of powerful typhoons, and a Japanese startup is working on wind power equipment that can stand up to the storms.

Honda Motor and General Motors will join in a research project that could determine whether electric vehicles can be used to stabilize the supply of power in next-generation smart grids.