Toyota Motor

China threatens economic retaliation against Japan over semiconductor restrictions

According to sources cited by Bloomberg, Toyota is apprehensive that Beijing might retaliate by limiting Japan’s access to critical minerals essential for automotive production. This concern stems from Japan's stringent controls on chip manufacturing equipment, which are part of a broader strategy endorsed by the U.S. to curtail China's advancements in semiconductor technology. Toyota's strategic investments in Taiwan Semiconductor Manufacturing Company's (TSMC) Kumamoto plant have further heightened fears of becoming a target of Chinese economic measures.

Nikkei rallies on U.S. retail sales data, marks best week in over four years

The Nikkei closed the day at 38,062.67, marking a 3.6% increase and its second-largest daily gain of the year. The broader Topix index also saw a notable rise, finishing approximately 3% higher at 2,678.60. For the week, the Nikkei enjoyed a remarkable gain of over 8%, its strongest weekly performance since April 2020. This upturn was fueled by a combination of easing recession fears in the U.S., a halt in the yen’s rapid appreciation, and signs of improved economic growth in Japan.

Nikkei gains as Kishida announces resignation; market anticipates U.S. inflation data

Toyota joins TSMC for 2nd Kumamoto chip plant investment in Japan

Under the partnership agreement, TSMC will maintain an 86.5% stake in the venture, known as Japan Advanced Semiconductor Manufacturing, with Sony holding 6%, Denso 5.5%, and Toyota 2%.

Toyota Motor to resume vehicle production in Japan after earthquake

The automaker, known for its meticulous supply chain management, acknowledged the significance of its suppliers in the quake-affected regions but assured a smooth restart by utilizing parts already in stock outside those areas.