AGP Executive Report
Last update: 11 hours agoClean Energy: Japan will offer up to $640 million in subsidies to scale up perovskite solar cell production and team with Germany on a fusion project that includes a power plant. Semiconductors: Rapidus and India’s HCLTech are partnering on next-generation chip technologies and two engineering centers. AI demand is accelerating electronics production, even as Japan’s factory activity slows to a seven-month low. Shipbuilding: Japanese yards are increasing investment to double domestic output. Automotive: Chinese carmakers outsold Japanese rivals in Europe for the first time, putting pressure on Japan’s automakers. Overseas Investment: During Bangladesh Prime Minister Tarique Rahman’s visit, Japan pledged to arrange $6.35 billion in private investment over five years, with autos, semiconductors and renewable energy among the priority sectors. Power Equipment: Mitsubishi Power plans a $490 million expansion of its U.S. facility as turbine orders surge.
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