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Asia's Tech News in May 2024
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Cyber attacks in Asia-Pacific in Q1 2024

May 2024: Japan

Japanese tech news in May of 2024

This month, Japan’s technology sectors saw a number of significant developments, including: fast-growing partnerships between Japanese and South Korean tech businesses; cryptocurrency in Japanese e-commerce; a Japan-ASEAN bid to offset China’s EV domination; a Japanese large language model for domestic use; and more.

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Asia-Pacific Security in 2024

IISS: Asia-Pacific Regional Security Assessment 2024

  • Japan’s SusHi Tech Challenge concludes with Fermenstation taking 10M yen prize for most innovative startup, with circular approach to use of otherwise wasted resources / read it here
  • Tokyo Metro Gov’t inks MOU with Startup Island TAIWAN and Thailand’s Nat’l Innovation Agency during SusHi Tech Tokyo 2024, aiming to boost startup ecosystem collaborations / read it here
  • Japan: Mercari e-commerce giant launches Ethereum trading services on its app, adding to crypto exchange integration and acceptance of Bitcoin in payments / read it here
  • Japan and ASEAN to create joint strategy on auto production and sales in bid to address China’s fast-growing presence in the region’s electric vehicles market / read it here
  • An overview of the issues surrounding the Line messaging app data leak, given its 50-50 ownership by Japanese and South Korean firms / read it here
Q1 2024 Asia-Pacific cyber-attacks

Stormwall: Q1 2024 report on DDoS attacks in Asia-Pacific

  • Vertex Ventures Japan launches inaugural Vertex Ventures Japan Fund I, anchored by Vertex Holdings, venture capital arm of Singapore’s Temasek state fund / read it here
  • South Korea’s K-Startup Center opens in Tokyo to help Korean firms expand via partnerships with Japanese firms, adding to KSC presence in Singapore, Vietnam, France and the US / read it here
  • Japan: Researchers have developed a large language model trained predominantly in Japanese to serve as a foundation for generative AI, using Japan’s Fugaku supercomputer / read it here
  • UTokyo Innovation Platform’s 1stRound deep-tech support program inks agreement with Germany’s Cyber Valley for mutual startup support between Japan and Europe / read it here
  • Japan: Metaplanet investment firm adopts bitcoin as ‘strategic reserve asset’ as a hedge against Japan’s debt burden and volatility in the yen / read it here
  • Japan’s Mitsubishi Electric partners UK’s Extend Robotics for VR tech for industrial robotics focusing on incidents and actions outside defined processes / read it here
LG Battery Challenge 2024

LG Energy Solution: LG Battery Challenge 2024

  • Japan: An overview of the country’s revitalized investment focus in advanced technologies / read it here
  • Japanese research consortium announces 6G milestone with world-first 6G wireless device capable of transmitting 100 gigabits per second / read it here
  • Japan: Osaka, Nagoya, Tsukuba and Yokosuka in talks with Microsoft, AWS and Google around guidelines governing use of AI in city and government work / read it here
  • India: NoPo Nanotechnologies boosts production of advanced material that can replace silicon in semiconductors and batteries, with samples supplied to chipmakers in Japan and Taiwan / read it here
  • A brief look at the recent Korea-Japan Venture & Startup Investment Summit 2024, and the new joint venture fund in which the two governments participate / read it here
  • South Korea: NextRise 2024 Seoul tech and startup event is set for June, this year including Japan as inaugural ‘guest country’ with company and startup showcase / read it here
  • ICYMI: In February, Korea Int’l Trade Assoc’n inaugurates Special Committee on ROK-Japan Cooperation to boost economic and trade collaboration between the two in the private sector / read it here
  • PLDT, Philippines’ largest telecoms group, now in talks to sell up to 49% of data centre business to Japan’s Nippon Telegraph & Telephone in $750M deal / read it here
Critical technology in May 2024

Critical technologies, globally, in May 2024

Asia’s tech news: Other editions

Our other tech news editions and formats span the range from daily to quarterly, and are available on a range of platforms so as to provide readers with the widest array of reading options.

Daily on LinkedIn

Daily on X/Twitter

Daily on Facebook

LG Battery Challenge 2024

LG Energy Solutions: LG Battery Challenge 2024

Weekly LinkedIn newsletter

Weekly Substack newsletter

Monthly summaries, online

Quarterly collections, online

Critical technologies in May 2024

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