Companies & Industry

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Business & Economy

Bearing Steel's Invisible Champion: Why Japan's Sanyo Special Steel Vanishes in 2027

Sanyo Special Steel, Japan's No.1 maker of bearing steel and a world leader in steel cleanliness, will be absorbed by Nippon Steel and dissolved on April 1, 2027. The model for the famous novel The Grand Family, it once suffered postwar Japan's largest bankruptcy. Why give up the name now? A look at China's steel glut and an unexpected Swedish thread.

Business & Economy

TSMC vs Intel: Skipping the $400M High-NA Machine in Production, and Why Japan Holds the Key

Intel installed the first production-grade High-NA EUV machine; TSMC bought one but kept it out of production. Being slow to the newest lithography once cost Intel a lost decade. Is TSMC repeating that mistake? Its confidence rests on Japan: Mitsui Chemicals' EUV pellicle and the HOYA/Shin-Etsu/AGC mask-blank near-monopoly (about 90% share).

Business & Economy

Sputtering Targets: JX Advanced Metals Sells a Copper Mine to Bet on Chip Materials

JX Advanced Metals, maker of roughly 60% of the world's sputtering targets, is investing about 23 billion yen to expand its Hitachinaka plant by 1.6x and selling its Chilean copper mine stake to Lundin Mining for $215 million, redirecting the cash into chip materials. A look at a 120-year-old miner remaking itself as an advanced-materials company.