<<<< Japan High-Tech Update>>>>
A monthly review of the cutting edge of Japanese high-tech
Volume I, Issue X

Triangle Technologies is a technology-oriented investment bank which creates strategic alliances between Japanese and Israeli companies.


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  Triangle Technologies’ ---- Japan High-Tech Update is a monthly review of the cutting edge of Japanese high-tech. This document may be redistributed provided that the 3 lines containing this notice accompany it. For more information, please contact a_lewkowicz@triangletech.com- +972-3-575-8636.

  Table of Contents:
 
 
  • Economics & Government

  • General Technology News
     

    Exchange Rate as of 12/12/99
    $1 US = 102.35
    Yen
    1 NIS= 24.26 Yen
     
    Economics & Government
       
    IBJ, NTT DoCoMo establish VC Fund
    IBJ Securities, NTT DoCoMo, Internet Research Institute, and Ikuo Nishioka (former Chairman of Intel Japan) have jointly set up a $47 million VC fund named Mobile Internet Capital. The new fund will invest in companies that deal in mobile Internet related products and services.
     
    TransCosmos AND Nikko Securities establish investment company
    TransCosmos and Nikko Securities will establish a new investment company called eVentures which will invest its $100 million in Internet related ventures. The new company will also act as a management consultant and an intermediary for M&As.
     
     
     
      General Technology News
       
    Substantial growth in PC sales
    According to JEIDA (Japanese Electronic Industry Development Association), Japanese domestic PC shipments between April and September 1999 increased by 34% in volume over the same period last year. JEIDA also forecasts that PC shipments for FY 1999 will reach 9 million and over 10 million in FY 2000.
     
    CdmaOne subscribers growing
    CdmaOne service providers, IDO and the DDI Cellular Group, have announced that together they have more than 3 million subscribers, a 550% increase since April 1999 when the system was first introduced. IDO has 680,000 subscribers and DDI has 2.3 million subscribers.
     
    NEC and HITACHI in DRAM joint venture
    NEC and Hitachi plan to integrate their DRAM development businesses. The new entity will be called NEC Hitachi Memory.
     
    NTT DoCoMo and Microsoft set up wireless data company
    NTT DoCoMo and Microsoft will each invest $949K in a joint venture that will provide wireless communications services for data intensive applications. The new company, Mobimagic, will launch a data center service for users of mobile phones, PDAs, and other mobile computing devices. Users will have access to e-mail, scheduling, etc.
     
    CATV is gaining popularity
    According to research company, Seed Planning, the Japanese CATV market will expand from 7.9  million households (3/99) to 28 million by 2008. Of the 28 million, about 18 million will use CATV to receive multi-channel broadcasting and Internet services.
    Linux use is spreading
    A recent survey conducted by Nikkei indicates that about 30% of Japanese companies plan to use Linux in the near future. Currently the penetration rate is 5%