Recent news from the investment sector has garnered significant attention: Japanese companies Sumitomo Corp. $8053.T and SBI Holdings Inc. $8473.T announced their acquisition of a 20% stake each in a division of FPT Corp., a Vietnamese company specializing in software and telecommunications. This move aims to bolster Japan's position in the field of artificial intelligence technologies.
Recent news published by Nikkan Kogyo claimed that SBI Holdings (8473.T) was in negotiations with SK Hynix (000660.KS) and UMC (2303.TW) to collaborate on building a microchip production facility in Miyagi Prefecture. A spokesperson from SBI Holdings has now confirmed that these reports are inaccurate and that no such discussions are underway.