Search results for Ministry of Economy
AI & Enterprise
Japan AI latecomer starts counterattack with Nvidia, SoftBank, Microsoft big tech alliance
Japanese companies are expanding cooperation with global big tech to strengthen artificial intelligence competitiveness. Station Ai is running an AI Boost Program with SoftBank and Nvidia to support five startups, offering free access to high-performance GPUs and engineering help. Microsoft plans to invest 1.6 trillion yen in Japan from 2026 to 2029. SoftBank, NEC, Honda and Sony Group will set up a joint venture to develop foundation models, while the government plans 1 trillion yen in support.
People & Appointments
Park In-gyu chairs 14th national strategic technology committee meeting
South Korea\'s Ministry of Science and ICT held the 14th National Strategic Technology Special Committee meeting on Tuesday, chaired by Park In-gyu (박인규). The committee reviewed and deliberated proposals on upgrading the national strategic technology framework and advancing the NEXT project. The government has continued efforts to build foundations to foster strategic technologies. Details will be disclosed after deliberation at a National Science and Technology Advisory Council meeting later this month.
Industry
Japan to inject about 6 trillion won into Rapidus in bid to revive chip industry
Japan will provide Rapidus with an additional 631.5 billion yen in commissioned research and development funding for fiscal 2026, aimed at advancing the company’s plan to begin mass production in the second half of fiscal 2027. Economy, Trade and Industry Minister Ryosei Akazawa unveiled the plan at Rapidus’ plant in Chitose, Hokkaido. The new funds will be used for prototype performance evaluation and yield improvements. Cumulative government support will rise to 2.35 trillion yen, with separate capital injections also planned.
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AI & Enterprise
Japan speeds up \'physical AI\' push amid severe labour shortages
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AI & Enterprise
MOTIE says M.AX Alliance expands to 1,300 participants; humanoid pilots to rise to 30 sites
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AI & Enterprise
SECON 2026 world security expo held at KINTEX in Ilsan
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Industry
Democratic Party, government to submit \'Middle East shock\' supplementary budget by end-March; to release strategic oil stocks
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AI & Enterprise
South Korea pushes N2SF incentives to encourage public sector adoption
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Games & Commerce
Game industry calls for tax credit on development costs
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Industry
MOTIE holds emergency meeting on U.S. tariff ruling, seeks close talks to keep friendly consultations
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AI & Enterprise
ADB officials tour South Korea\'s digital and AI innovation sites
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Finance
FSS avoids public institution designation again, review set for next year
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Finance
Bank of Korea, finance ministry name six banks as 2026 FX leading banks
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Finance
National Growth Fund to offer up to 40 percent income deduction; RIA cherrypicking curbs detailed
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Industry
Korean HBM equipment makers target Japan\'s semiconductor market
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Finance
Koo Yoon-cheol says exchange rate diverges from fundamentals, volatility still high
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Finance
Hana Bank selected as custodian for Finance Ministry pension fund investment pool
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AI & Enterprise
NIA chief Hwang Jong-seong says public sector AX key to help AI top 3 goal