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Nikkei Asia writes that Chinese semiconductor makers are turning to Japan for used equipment in the wake of US sanctions, sending up prices in the country's second-hand market. With the worldwide chip shortage still causing supply problems across multiple industries, even older, out-of-date machines are selling fast; this has seen.
When the brand did similar limited-edition vintage drops in Germany, South Korea, and Japan, they sold out within minutes or hours. Over the last five years, as the fashion industry has tried to become more sustainable, many brands have started buying back old products and re-selling them to their customers.
Riiid , a South Korea-headquartered AI-powered edtech company, acquired its Japanese distribution partner Langoo to expand its Japan footprint. . Langoo, Riiid’s partner in Japan, offers Riiid Tutor, formerly known as Santa, a test prep app for the English-language proficiency test TOEIC in the region. Riiid claims that more than 2.5
The rest of Asia has risen in importance If I were starting a tech website in 2011, I would probably have wanted to hire someone in Japan, which was at the time the undisputed home of gadgets — floating bathtub TVs, widespread NFC use, robot dogs, and so on. It’s a little sad to say so, but Japan isn’t the force in consumer tech it once was.
Swing , a South Korean electric scooter and micromobility startup, announced today it has raised $24 million in a Series B round to spur its growth and expansion to Japan. . Swing aims to take the market. No one doubted the market potential. Expansion to Japan. The problem was who will win the competition.
In Japan, where the real estate market is fragmented, homeowners have faced uncertain selling prices riddled with brokerage fees and an average selling period of between four and eight months, Ito said. “The difference is that we purchase from the seller at a discount from the market price. . and the U.K., While the U.S.
The funding will be used on Profet AI’s expansion in Japan, Southeast Asia and China, with plans to sign joint ventures with overseas partners. Profet AI’s software lets users build prediction models and industrial AI apps for production and digitalization, even if they only have basic knowledge of machine learning.
Unlike the Xbox One, the Xbox Series X will launch in Japan at the same time as other major markets, meaning it’ll see release this November. The Xbox One came out in November 2013 in 13 countries, but Japan had to wait until September 2014 along with several other regions, despite its outsized importance to the games industry.
In this case, Barnabas Birmacher, CEO of Platform as a Service company Bitrise, shared the lessons he learned as his team attempted to enter Japan. Instead of relying solely on strategic partners, his team visited Japan before ramping up to host events and engage directly with early adopters. Walter Thompson. yourprotagonist.
A supplemental post to 101 Digital Marketing & Fundraising Best Practices for Nonprofits , the statistics listed below can guide your nonprofit in creating and maintaining a successful social media strategy. Rival IQ Social Media Industry Benchmark Report ] Nonprofits have an average engagement rate of 0.066% on Facebook.
JapanIndustrial Partners, the company that bought the VAIO computer business from Sony, has signed a memorandum of understanding that will see Olympus spin out the division and transfer all of its shares. Olympus has announced plans to get out of the camera business entirely, selling off its imaging division to an investment fund.
The contamination could see the price of NAND — the main component of SSDs — spike up to 10 percent, according to market research firm TrendForce. Any potential NAND shortages or price fluctuations could affect the PC market over the next few months, which had another big year in 2021 despite global chip shortages and demand for GPUs.
Back in 2021, the Japanese government said it would make it a top priority to reboot the local semiconductor industry, which was once a dominant force on the global market. Despite hosting more chip factories than an other country, Japan has fallen behind when it comes to mass-producing chips on. Read Entire Article
While working as a software engineer in Japan, Singapore and San Francisco for the past 10 years, Ryo Chikazawa , CEO and co-founder of Autify , came to realize that there’s one common problem in the software development industry; software testing takes excessive time. The company is currently focusing on two markets, the U.S.
It can be particularly tough for businesses in Asia Pacific & Japan (APJ) who have been weathering this storm the longest. But as we approach the end of the year, APJ is finally on a slow path of recovery, even though progress is uneven across markets.
When Masaya Aso worked on autonomous driving technology at Bosch in Japan and Germany, he realized that “many tasks were still manual as over 85% of warehouses have almost no automation at all.” market, the largest autonomous mobile robots market, which was already $762 million in 2021 and is expected to grow to $3.2
Seven venture capital firms participated in the latest round: DS Asset Management, Industrial Bank of Korea, Hanwha Investment & Securities, S&S Investment, Toss investment, Korea Asset Investment & Securities and Venture Field. Among all the directions and industries, our focuses are [mainly] smart city and autonomous driving.”
Organizations across many industries believe their employees are more productive and efficient with AI tools such as chatbots and coding assistants at their side. Other standout AI apps focuse on specific industries. Numerous AI startups found traction offering such solutions during 2024. and the accompanying app, in September 2024.
UTEC currently has about $780 million in total assets under management, and says this makes it one of the largest venture capital funds focused on science and tech in Japan, and one of the largest deep-tech funds in Asia. UTEC is an independent firm that works closely with universities. So far, 25 of its investments have exited.
According to eMarketer , Japan and Korea’s e-commerce markets were estimated at $144 billion and $121 billion, respectively, in 2021. Despite the large e-commerce market size, both countries have fewer e-commerce aggregators than other countries with smaller markets, South Korean e-commerce aggregator New Vessel said.
Coherent Connect is a social media marketing campaign manager; Coherent Explainer is a sales tool for breaking down quotes; and Coherent Flow allows agents to sell policies to customers remotely with features like video chat and electronic signatures. Coherent will focus on China and emerging markets in Asia.
The funding is coming at a high-watermark moment for edtech — with the shift to remote learning in the last year of pandemic living highlighting the opportunity to build better tools to serve that market, and a number of startups in the category subsequently raising hundreds of millions of dollars to tackle the opportunity.
As the insurance industry adjusts to life in the 21st century (heh), an AI startup that has built computer vision tools to enable remote damage appraisals is announcing a significant round of growth funding. as well as a large swathe of insurers in Japan, specifically Tokio Marine Nichido, Mitsui Sumitomo, Aioi Nissay Dowa and Sompo.
With COVID-19 disrupting the entire manufacturing supply chain including semiconductor shortages, companies across multiple industries have been struggling to seek a procurement solution that can rebalance the gap between supply and demand. Indian logistics SaaS startup FarEye raises $100 million. “We
The Wi-Fi Alliance, the industry-wide group that oversees Wi-Fi, is now starting to certify the first wave of products with support for Wi-Fi 6E. There is absolutely momentum, and it is building around making [6GHz] available for Wi-Fi,” Kevin Robinson, the Wi-Fi Alliance’s marketing leader, told The Verge.
Already reeling from the last-minute halt of the public debut of Ant Group, a major Chinese fintech player with deep ties to Alibaba, the e-commerce giant came under new fire, as China’s markets watchdog opened a probe into its business practices concerning potentially anticompetitive behavior.
Launched in 2018, SODA runs SNKRDUNK , one of Japan’s largest sneaker reselling platforms with about 2.5 SODA said that the deal means its share of Japan’s sneaker resale industry is now 80%, making it the market leader by far. million monthly users. The StockX EC-1.
Breaking into Asias diverse and dynamic markets has never been more critical or more competitive. For companies eyeing international growth, access to the right networks, market insights, and strategic partnerships can make all the difference. Tap into emerging trends and forward-thinking ideas to accelerate business innovation.
Artificial intelligence is taking over almost every industry. The investment and finance industry is no exception. Akros Technologies wants to disrupt the current asset management industry via its AI-driven asset management software platform that mines market data for stocks. Akros just raised $2.3
Other investors SBI Investment, Tokyu Land Corporation, Kushu Electric Power, Seika Corporation, JOIN (Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development) and exiting investor Venture Lab Investment also joined in the round. . 4 eVTOL trends moving the air taxi industry closer to takeoff.
Apple’s Arm laptop chips wowed the industry in late 2020 , putting other manufacturers on notice.). None of the companies have publicly confirmed that the deal is off; it’s possible they are waiting until financial markets open in the UK or Japan, where Arm and Softbank are headquartered respectively.
Part of Nektar.ai’s seed funding will be used to build a go-to-market team focused on the United States. accelerated product development because “we saw a strong demand for a guided selling solution in the market,” onboarding more than 200 prospects from its waitlist. Vijayvergiya told TechCrunch that over the last six months, Nektar.ai
“In China, most supplements are sold at a big markup through pharmacies or multi-level marketing companies like Amway,” Weng said. Amway and the likes spend a lot on marketing and sales.” Moreover, the startup will spend the money on securing health-related certificates and adding Japan to its sourcing regions.
While this is not a huge extension round, it’s still worth an extra look because it shows how these new strategic investors in the financial services industry are placing early bets on quantum computing and Classiq’s ability to make building quantum software easier. If I had to name two, it would be Japan and Germany.
The traditional process of buying, insuring and financing cars across emerging markets can be challenging, and it defeats the purpose of building an all-around car shopping experience. Today, FlexClub , a South African company, has been provided with $5 million to improve drivers’ experience in these markets. and Japan.
It was my way of staying close to the market where I had invested 5 years of my career, and which that same year had become the worlds largest automotive market measured by both sales and production. By 1990, Japan surpassed the United States to become the worlds largest car producing nation.
The round comes from a number of investors including Japan Post Investment Corporation, Block (formerly known as Square), Greyhound Capital, SMBC Nikko Securities, Altos Ventures, Goodwater Capital, StepStone Group, JAFCO Group, Mitsui Sumitomo Insurance Capital and others. . Kyash, a would-be challenger bank in Japan, raises $14M.
and expand its product in APAC, including the Philippines, Indonesia, Malaysia, Australia and Japan. It will also double down on existing markets such as the U.K./Europe. Asked what the upside of the Wirecard acquisition was, the Railsbank founder says it helps maintain an orderly market in the U.K.
Glorang , a Seoul-based edtech startup that offers after-school classes and extracurricular activities via online for students between the ages of 3 and 18, said Friday it has raised a $10 million Series A funding co-led by Korea Investment Partners and Murex Partners, along with Japan’s Pksha Capital. . billion in 2027 , from $17.6
Rakuten Symphony , the recently launched telco-focused arm of Japan’s Rakuten Group , today announced that it has acquired Robin.io , a startup that offers a Kubernetes platform optimized for storage solutions and complex network applications. When it first launched, Robin.io
For a while now, the industry has wondered as to when Chinese manufacturers will become serious players in the global memory industry, especially DRAM. While still small at 5%, Chinas share of the global memory chip market is growing, and market leaders SK Hynix, Samsung, and Micron should be worried.
Aldagram , a startup out of Japan developing project management software for construction companies, has picked up a new strategic backer to help it build out its footprint across Asia and the Middle East. The global construction management software market is expected to reach $23.9 billion in 2031, up from $9.3
Whether they do it out of a fear of missing out or genuine belief in blockchain technologies, the trend appears irreversible at least for now, as investment keeps pouring into the industry. Oasys, a Japan- and Singapore-based startup that’s building a blockchain for gaming developers, has just raised $20 million.
As China’s domestic smart manufacturing industry enters a new stage of development, the demand for robots continues to rise. A pioneer in China, the company is also looking at international expansion, with the exploration of markets in the Asia-Pacific region, Europe, and the US.
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