Trump meets Apple CEO Tim Cook ahead of imposing new trade tariffs on China

The new wave of tariffs which could go into effect from August 1, is likely to cover consumer electronics, including smartphones and tablets. With U.S. President Donald Trump deliberating whether to make good on his threat to impose tariffs on the remaining un-tariffed Chinese exports to the United States, Trump met Apple’s CEO Tim Cook…

Tokyo Electron to honor U.S. Entity’s List

While market share and profits are key factors in growth, maintaining business relations with the U.S. ie equally if not more important. In a significant development, the world’s third biggest supplier of semiconductor manufacturing equipment, Japan’s Tokyo Electron, stated it will stop supplying its Chinese clients that have been blacklisted by Washington. China is locked…

SoftBank to launch autonomous-enabling services in Japan in July 2019

SoftBank’s service will power a range of machineries including autonomous farm equipment to buses and drones. In a statement, Japan’s SoftBank Corp stated it will be launching a service in 2019 that will use satellite navigation data and the telco’s mobile base stations to help power self-driving buses, drones and farm machinery. SoftBank’s service will…

Huawei’s global supply chain being ripped apart

U.S. trade action against Huawei having intended impact. China has termed the action taken by the United States against Huawei Technologies as “wrong actions” and has called for trade negotiations to continue. China’s comments underscores the effect of U.S. trade action which is cascading through Huawei’s global supply chains. Japan’s Panasonic Corp has joined a…

U.S. ban on Huawei could weigh on Japan’s economy: Finance Minister Taro Aso

One of the primary reasons why Japan could be impacted by the ban on Huawei is intertwined supply chains. On Friday, Japan’s Finance Minister Taro Aso stated, the U.S bid to block Huawei Technologies from purchasing American technology is likely to impact Japanese companies and weign on the country’s economic growth prospects. “There are Japanese…

Security of cryptocurrency exchanges to be bolstered in Japan

Japan’s financial regulator is pushing to improve internal security in the country’s cryptocurrency exchanges. On Tuesday, in a development that marks Japan’s intent to increase its oversight of cryptocurrencies, Japan’s financial regulator stated, cryptocurrency exchanges will now require to strengthen internal oversight of “cold wallets” used to store digital money, said a source with direct…