Semiconductor manufacturing giant TSMC pushes development of second chip plant in Japan with new investor Toyota

TSMC, the world’s largest contract chip maker, said that Toyota Motor Corp will be joining as a new investor of Japan Advanced Semiconductor Manufacturing (JASM), the Taiwanese firm’s majority-owned manufacturing subsidiary in Kumamoto Prefecture on the southwestern island of Kyushu. The TSMC board approved an injection of no more than US$5.26 billion in JASM, though … Read more

Japan wants higher returns for investors — here’s what it’s doing

Flag of Japan on dark blue background. 3D render Da-kuk | E+ | Getty Images Japan is stepping up efforts to ensure its listed companies become more efficient with capital allocation and increase shareholder returns this year. The operator of Tokyo’s stock exchange will release Monday, its first monthly list of public companies that have … Read more