Sony Semiconductor Solutions (SSS), the semiconductor subsidiary of Sony, announced in May 2023 that it had acquired land in Kōshi, Kumamoto, for a new factory, with plans to break ground for construction in April 2024. However, during a business briefing on May 31, SSS stated that market trends must be observed before making a final decision, sparking market curiosity about the company’s strategy.

TEMICO, a TECO Electric and Machinery (TECO) subsidiary in India, has secured 55,000 orders for EV power systems.

Industrial control memory module maker Innodisk expects AI product sales to account for 30% of company revenue in 2024.