Japan's Renesas forms India tie-up to support startups in chip push
TOKYO -- Renesas Electronics has signed an agreement with an Indian government-affiliated scientific organization to provide semiconductor design and development software to startups and educational institutions, the Japanese chipmaker announced Wednesday.
The company signed two memorandums of understanding with the Centre for Development of Advanced Computing, which falls under the Ministry of Electronics and Information Technology.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Kyodo News
40 minutes ago
- Kyodo News
Japan, U.S. yet to find common ground on tariffs but want quick deal
By Takuya Karube, KYODO NEWS - 30 minutes ago - 12:50 | All, Japan, World Japan and the United States have "yet to find common ground" on tariff issues, Tokyo's top negotiator said Friday, indicating that there remain many differences between the sides, but they still aim to clinch a win-win deal in mid-June. After holding talks with U.S. Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick in Washington, Ryosei Akazawa told reporters that he believes "further progress" was made. They will also "continue coordinating energetically to achieve an agreement that benefits both Japan and the United States," Akazawa said. Akazawa, however, noted that no decision has been made on whether there will be another round of negotiations next week or beyond. He suggested it depends on the schedule of the U.S. Cabinet members who are due to hold high-level trade talks with China in London on Monday. Akazawa, Japan's minister for economic revitalization, and Bessent sat down for about 45 minutes to explore whether it may be feasible for the countries' leaders to reach a trade agreement when they are expected to meet in person in about 10 days. With Lutnick, whom Akazawa also met a day earlier for about two hours, the Japanese minister said he held separate talks of approximately similar length addressing three major areas -- trade, nontariff barriers and economic security. Akazawa declined to reveal details of the negotiations, including which issues had seen progress. However, Akazawa, as he has done consistently in the ongoing talks, said he had reiterated Tokyo's position that the Trump administration's additional tariffs must be removed as quickly as possible, as the measures are having a serious impact on the Japanese economy. Japanese Prime Minister Shigeru Ishiba and U.S. President Donald Trump plan to hold a meeting around the time of the three-day Group of Seven summit in Canada, which starts on June 15. Akazawa, who arrived in the U.S. capital on Thursday for the third straight week and a fifth round of ministerial tariff talks, said the leaders will meet after hearing how far discussions have progressed. Under Trump's so-called reciprocal tariff regime, announced April 2, almost all countries in the world have been hit by a baseline duty of 10 percent, with Japan facing an additional country-specific tariff of 14 percent for a total rate of 24 percent. Along with other countries, Japan has also been affected by the Trump administration's extra 25 percent tariff on automobiles and other sector-based levies implemented on national security grounds. Japan has presented a package of proposals to the United States since the first round of their ministerial talks in mid-April. The package includes joint efforts to strengthen supply chains for semiconductors and critical minerals, cooperation in shipbuilding, expanding imports of U.S. farm products to Japan, and simplification of its safety and environmental requirements for foreign-made cars. Japan does not impose tariffs on imported cars, trucks or buses. The Trump administration has claimed, however, that American automakers' limited penetration into Japan's market is due to nontariff barriers, such as nonacceptance of certain U.S. standards. Related coverage: Japan calls for tariff rethink in talks with U.S. commerce chief Trump's steel tariff hike not raised in Japan-U.S. talks: negotiator Japan, U.S. agree tariff talks making progress toward deal
Yomiuri Shimbun
43 minutes ago
- Yomiuri Shimbun
87 Japan Universities to Help Intl Students after Harvard Ban
Reuters file photo A view of the Business School campus of Harvard University in Cambridge, Mass., on April 15 TOKYO (Jiji Press) — Eighty-seven Japanese universities have announced support measures for international students in the United States, following an order barring Harvard University from accepting such students, the education ministry and the Japan Student Services Organization said Friday. The scope of students eligible for the support measures and the extent of such aid differ from university to university. Tohoku University said that it will accept undergraduates and graduate students enrolled in U.S. universities who face difficulties continuing their studies mainly due to the ban by President Donald Trump's administration. They will be accepted to the national university in northeastern Japan as nondegree students not required to pay tuition or enrollment fees. Many Japanese universities will accept those affected as regular students or nonregular occasional students, regardless of nationality or where they currently study. Some universities have said that such students will be exempt from tuition and be provided with lodging at dormitories. According to the student services organization, five other universities were considering support measures as of Friday. It will continue to update related information.
The Mainichi
2 hours ago
- The Mainichi
Japan brokerages donating shareholder perks to help kids in poverty
TOKYO (Kyodo) -- Japanese securities firms are donating the food and beverage gifts they receive as shareholder perks through their trading activities to nonprofit organizations to support children living in poverty amid inflation. The Japan Securities Dealers Association started the program in 2020, and around 2,300 donations had been made by March this year. Under the program, a list of shareholder perks is presented to registered organizations channeling the goods to recipients each week and the organizations then convey their requests to the securities firms. As of April, 61 companies and 48 organizations had registered with the program. Around 11 tons of rice and 8,600 liters of beverages have been donated, with rice and ready-made foods such as curry among the popular products. IwaiCosmo Securities Co. previously distributed shareholder perks to younger employees via a lottery as part of its welfare program, but now donates rice and canned goods to organizations. The Osaka-based brokerage has received feedback that its donations were delivered to single-mother households and served at a gathering of children. "We feel it is significant that goods are being used by people who really need them," a company official said. Monex Inc. has been donating shareholder perks to various organizations across the country since 2024, with an official saying it intends to continue using the program as it is difficult to find recipients on its own. NPO Bridge for Smile, which supports children and young people who cannot rely on their parents, receives donations of food and disaster stockpiles on a regular basis through the program. "As there are some people who only have one meal a day due to soaring rice prices, we are grateful that it helps them survive," said Ryuta Suzuki, a member of the group.
