Japan proposes consortium to help satellite industry
Article Abstract:
Japan, which is looking for ways to encourage its satellite industry, wants to build a test facility for commercial satellites. Japan's Ministry of Posts and Telecommunications suggests that a consortium be established to accomplish this. Funding would come from various sources; some money would come from the Japanese government, and some would be supplied by private loans or by manufacturers. It would mean that the Japanese could build their own commercial satellites. The US has forced Japan to agree not to protect its satellite manufacturers, but Katsumi Osuga, director of the Ministry of Posts and Telecommunications' space communications policy division, says the ministry's plan would not violate the US trade agreement. Katsumi says no 'subsidy' would be involved because Japanese companies would pay back loans or investments. And, says Katsumi, Americans or Europeans could invest in the proposed facility.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
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Tokyo sets talks on foreign share of semiconductors
Article Abstract:
The Japanese Ministry of International Trade and Industry (MITI) seems to be making efforts to ensure that 20 percent of the Japanese semiconductor industry be comprised of foreign manufacturers. Two Japanese electronics companies say that the Ministry has sent letters requesting the attend a meeting on Mar 12, 1991; the companies suspect the government will ask them to use more foreign-made semiconductor products. The recent push by the Japanese government is in response to an agreement made in 1986. The agreement calls for a 20-percent foreign presence in the Japanese semiconductor industry by Jul 1991. Foreign manufacturers considered that percentage to be fairly secure, but Japanese government officials say that 20 percent is only a goal.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
User Contributions:
Comment about this article or add new information about this topic:
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