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Japan Chip Giant Rohm to Invest $722 Mln in Toshiba Buyout Group

Rohm co said on Tuesday it will invest 100 billion yen ($722.33 million) in the group led by Japan Industrial Partners that is launching a tender offer for Toshiba Corp. Rohm also plans to underwrite 200 billion yen of non-voting preferred stock issued by TBJ Holdings which will be set up by the Japan Industrial Partners for the tender offer of Toshiba. "Toshiba's semiconductor business is highly compatible with the company," Rohm said of its investment, in a statement.
United States New Zealand United Kingdom Gina Raimondo Janet Yellen Antony Blinken
Source: aawsat.com

SDAIA Signs MoC with Japanese Company NEC to Develop AI Solutions

The Saudi Data and Artificial Intelligence Authority "SDAIA" signed a Memorandum of Cooperation (MoC) in the fields of artificial intelligence (AI), biometrics, and "Internet of Things" with the Japanese company NEC, during the Saudi-Japanese round table meeting, organized by the Ministry of Investment in Jeddah, in the presence of the Japanese Prime Minister Fumio Kishida during his visit to the Kingdom Sunday.
United States New Zealand United Kingdom Pacific Ocean Janet Yellen Charlie Bell
Source: aawsat.com

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