AGP Executive Report
Last update: 2 hours agoCritical Minerals: Japan is seeking a steadier supply of rare earths from India’s Andhra Pradesh, as the state promotes mineral development and wider investment ties. Chipmaking: Rapidus is weighing a one-year delay to 2-nanometer chip output, raising questions about the timing and returns of Japan’s major push into advanced semiconductors. Industrial Expansion: Kobe Steel agreed to buy a 70% stake in CNH’s construction-equipment business for $700 million, expanding its machinery operations. AI Investment: SoftBank reported a $7 billion quarterly loss amid heavy spending on AI data centers, highlighting the financial risks as the sector races to build capacity. Prices and Policy: Japan’s producer inflation accelerated to 7.1% in October, keeping attention on the Bank of Japan’s next rate decision. Space Industry: Firefly Aerospace secured a deal to launch up to 10 missions for Japan’s Synspective through 2030, supporting the company’s radar-satellite network. Cybersecurity: Nitori disclosed a cyberattack that may have exposed records of 37.6 million customers, underscoring the scale of data-security risks for Japanese companies.
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