Kariya, Kuwana, Japan/Hsinchu, Taiwan, May 10, 2023 – (JCN Newswire via SEAPRWire.com) – DENSO CORPORATION (DENSO), a leading mobility supplier, and United Semiconductor Japan Co., Ltd. (“USJC”), a subsidiary of global semiconductor foundry United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”), today announced a joint collaboration to produce insulated gate bipolar transistors* (IGBT), which have entered mass production at the 300mm fab of USJC. A …
Mitsubishi Heavy Industries Achieves Large YoY Orders and Profit Increases and Plans Higher Year-End Dividend Payout in FY2022, Pursues 7% Business Profit Margin in FY2023
TOKYO, May 10, 2023 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Heavy Industries (MHI, TSE Code: 7011) announced that order intake rose 10.7% year-over-year to YEN4,501.3 billion in the fiscal year ended March 31, 2023. Revenue rose 8.9% to YEN4,202.7 billion year-over-year, resulting in profit from business activities (business profit) of YEN193.3 billion, a 20.6% increase from the previous fiscal year, which represents a profit …
DENSO Accepts IEEE Corporate Innovation Award at Ceremony for Developing and Spreading Use of QR Code
TOKYO, May 9, 2023 – (JCN Newswire via SEAPRWire.com) – DENSO Corporation accepted the IEEE Corporate Innovation Award during a May 5 ceremony in Atlanta. IEEE,(1) the largest international association for electrical and electronic engineering, awarded DENSO for developing the QR Code(2) and spreading its use globally, enabling the world to benefit from its numerous capabilities. From left, IEEE President-Elect Thomas Coughlin, DENSO President and …
NEC and Aviat Agree to Integrate their Wireless Transport Businesses
TOKYO, May 9, 2023 – (JCN Newswire via SEAPRWire.com) – NEC Corporation (TSE: 6701) announced today that it has entered into a definitive agreement with Aviat Networks, Inc. (Nasdaq: AVNW), the leading expert in wireless transport and access solutions, to integrate its Wireless Transport Business with Aviat’s in an asset purchase transaction valued at $70.0 million U.S. dollars in cash and shares. NEC’s wireless transport …
MHI Receives Follow-up Order for 8 Two-Car Trains for Sengkang-Punggol LRT (SPLRT)
TOKYO, May 9, 2023 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Heavy Industries, Ltd. (MHI) has received a follow-up order from Singapore’s Land Transport Authority (LTA) for an additional 8 two-car trains (16 cars) for the Automated Guideway Transit (AGT)(1) used on the Sengkang Punggol Light Rapid Transit (SPLRT)(2) network. The additional order, which was received jointly with MHI’s regional subsidiary Mitsubishi Heavy Industries Asia …
TANAKA Launches New Alloy “TK-FS” for Probe Pins
TOKYO, May 9, 2023 – (JCN Newswire via SEAPRWire.com) – TANAKA Kikinzoku Kogyo K.K. (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Koichiro Tanaka), which operates the TANAKA Precious Metals manufacturing business, announced the launch of TK-FS, a new allow for probe pins of probe cards and test sockets used in the testing process of semiconductor manufacturing. Samples started shipping in July of 2022, and …
TOYOTA GAZOO Racing prepares for intense gravel workout
Toyota City, Japan, May 8, 2023 – (JCN Newswire via SEAPRWire.com) – TOYOTA GAZOO Racing World Rally Team is preparing to enter a crucial run of gravel events as the closely-contested 2023 season continues at the popular Rally de Portugal on May 11-14. Portugal marks the first of seven consecutive events on gravel, a sequence that will stretch through to the start of October and …
Eisai Enters Into Joint Development Agreement with Blissbio for Antibody Drug Conjugate BB-1701 with Option Rights for Strategic Collaboration
TOKYO, May 8, 2023 – (JCN Newswire via SEAPRWire.com) – Eisai Co., Ltd. announced today that it has entered into a joint development agreement with Bliss Biopharmaceutical (Hangzhou) Co., Ltd., for BB-1701, an antibody-drug conjugate (ADC) with option rights for a strategic collaboration. BB-1701 is an ADC that is composed of Eisai’s in-house developed anticancer agent eribulin, and anti-HER2 antibody using a linker, and is …
TANAKA Precious Metals to Exhibit at “PCIM Europe 2023,” the Industry’s Largest International Trade Fair Specializing in Power Electronics
TOKYO, May 8, 2023 – (JCN Newswire via SEAPRWire.com) – TANAKA Kikinzoku Kogyo K.K. (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Koichiro Tanaka), which develops the manufacturing business of TANAKA Precious Metals, and TANAKA Denshi Kogyo K.K. (Head office: Kanzaki-gun, Saga Prefecture; Representative Director & CEO: Toshiya Yamamoto), is pleased to announce that it will participate in “PCIM Europe 2023,” the industry’s largest international …
Mitsubishi Corporation: Launch of Marunouchi Climate Tech Growth Fund L.P.
TOKYO, May 2, 2023 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Corporation (MC) is pleased to announce the launch of Marunouchi Climate Tech Growth Fund L.P. (the Fund), which is managed by Marunouchi Innovation Partners Co., Ltd. (MIP), a company jointly established by MC, MUFG Bank Ltd. (MUBK) and Pavilion Private Equity Co., Ltd. (PPE). The Fund will invest primarily in companies dedicated to decarbonization …
Spectacular Spa one-two for TOYOTA GAZOO Racing
Toyota City, Japan, May 1, 2023 – (JCN Newswire via SEAPRWire.com) – TOYOTA GAZOO Racing won an exciting one-two victory in the 6 Hours of Spa-Francorchamps after a spectacular third round of the 2023 FIA World Endurance Championship (WEC) in Belgium. Mike Conway, Kamui Kobayashi and Jose Maria Lopez won the race from pole position in the #7 GR010 HYBRID to earn a Hypercar hat-trick …
NEC’s Hitoshi Imaoka awarded with prestigious “Medal with Purple Ribbon”
TOKYO, Apr 28, 2023 – (JCN Newswire via SEAPRWire.com) – NEC Fellow Hitoshi Imaoka has received Japan’s prestigious “Medal with Purple Ribbon” award, which is presented by the Cabinet Office to persons who have made outstanding achievements in science and technology, academia, and the field of sports and culture. The award recognizes Imaoka’s contributions to safety and security around the world through the development and …
GR Supra GT4 Hits 100-unit Production Mark
TOKYO, Apr 28, 2023 – (JCN Newswire via SEAPRWire.com) – TOYOTA GAZOO Racing (TGR) announced today that the cumulative production of its GR Supra GT4(1) customer motorsports(2) vehicle has hit the 100-unit mark. Thanks to the support of customers around the world, the model reached the milestone in approximately three years since its sales launch in March 2020, which started in Europe and expanded to …
Mitsubishi Electric’s Swedish Subsidiary Signs Share Transfer Agreement to Wholly Acquire Norwegian Elevator Distributor UNIHEIS
TOKYO, Apr 28, 2023 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Electric Corporation (TOKYO: 6503) announced today that Motum AB, a Sweden-based wholly-owned subsidiary of Mitsubishi Electric, formally agreed on April 27 to wholly acquire Norway-based UNIHEIS AS, which operates an elevator business mainly in Norway as a distributor of Mitsubishi Electric products. Mitsubishi Electric and Mitsubishi Electric Building Solutions Corporation (MEBS), which is responsible …
Fujitsu Boosts Employee Compensation to Strengthen Global Corporate Competitiveness
TOKYO, Apr 27, 2023 – (JCN Newswire via SEAPRWire.com) – Fujitsu announced moves to improve its global competitiveness over the medium to long term with a comprehensive review of its compensation system and increase its investments in talent and career development. As a result, Fujitsu will raise monthly wages for employees at all levels in Japan by an average of 10% and a maximum of …
MHI Agrees to Collaborate with Saipem, One of Europe’s Leading Engineering Companies on CO2 Capture Technologies
TOKYO, Apr 27, 2023 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Heavy Industries, Ltd. (MHI) has concluded a General License Agreement (GLA) with Saipem S.p.A., one of major engineering companies in Italy, under which MHI will provide Saipem with its proprietary “KM CDR Process” and “Advanced KM CDR Process” technologies for use in CO2 capture plants. Both technologies were jointly developed with The Kansai Electric …
JCB Plaza Lounge Guam reopens after renovation
TOKYO, Apr 27, 2023 – (JCN Newswire via SEAPRWire.com) – JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., Japan’s only international payment brand, will reopen the JCB Plaza Lounge Guam after renovation on April 28, 2023. To celebrate the reopening of the JCB Plaza Lounge Guam, JCBI will be running a promotion from May 2 to September 29, 2023, offering …
NextGen, a South Pole/Mitsubishi Corporation joint venture, establishes world’s largest diversified portfolio of permanent carbon dioxide removals to scale the market
TOKYO, Apr 26, 2023 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Corporation (MC), together with South Pole, global climate project developer and solutions provider, has established NextGen CDR Facility (NextGen) to scale up carbon removal technologies and catalyze the market for high-quality carbon removals. NextGen is the first global facility specialized for innovative carbon removal technologies (tech-based CDR*). NextGen has announced the advance purchase of …
Hitachi: Demonstration Operation of Optimized Performance Enabling Network for Volt/Var(Q) (OPENVQ) of Power Transmission Network Commences in Thailand
TOKYO, Apr 26, 2023 – (JCN Newswire via SEAPRWire.com) – New Energy and Industrial Technology Development Organization (NEDO) and the Ministry of Energy of the Kingdom of Thailand (MoEN) are carrying out a demonstration project with the aim of achieving low carbonization and enhancements in power system operations. Hitachi, Ltd. (Hitachi), contractor of the project, and the Electricity Generating Authority of Thailand (EGAT) jointly installed …
Summary of 2023 Honda Business Briefing
TOKYO, Apr 26, 2023 – (JCN Newswire via SEAPRWire.com) – Honda Motor Co., Ltd. today held a press briefing on the progress it has achieved toward its business transformation and electrification. The Honda executives presenting at the event included the following: – Toshihiro Mibe, Director, President and Representative Executive Officer– Shinji Aoyama, Director, Executive Vice President and Representative Executive Officer A summary of the briefing …