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WSJ Tech News Briefing

Why Crucial Chip-Making Parts Come From Japan

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 13 June 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

Japanese companies are key suppliers of components used in chip making. WSJ Tokyo bureau chief Peter Landers joins host Zoe Thomas to discuss what the Japanese government is doing to make these companies indispensable to the global market. Plus, online scammers are creating copycat versions for small businesses. We’ll tell you how they do it and what it means for small business owners. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Z-Scaler extended its Zero Trust architecture with powerful AI engines trained by 500 trillion daily signals

0:07.8

to prevent ransomware and AI attacks that target business.

0:11.7

Z-scaler Zero Trust plus AI. Learn more at Z-scaler

0:16.0

dot com slash zero trust AI.

0:20.3

Welcome to Tech News Briefing. It's Thursday, June 13th. I'm Zoe Thomas for the Wall Street Journal.

0:28.0

Online scammers are using the photos, videos, and social media posts of legitimate small businesses

0:35.1

to steal their customers. We'll find out about the impact this is having on

0:39.5

owners and what they're doing to try and stop it.

0:43.0

And then, Japanese companies, including those known for making camera film or printing magazines,

0:49.0

have become key suppliers in the global chips market.

0:53.4

We'll find out how they got this position

0:55.4

and what the Japanese government is doing

0:57.6

to make these companies indispensable

1:00.4

to the semiconductor supply chain.

1:11.0

But first, technology has expanded the reach of even the smallest businesses. Now they can easily court customers across the globe.

1:15.0

But evolving technology has also boosted opportunities for copycats,

1:19.0

scammers that assume the identities of legitimate businesses and steer customers to cheap knockoffs or

1:26.4

simply take their money.

1:28.2

Here to speak more about this is a senior special writer for the Wall Street Journal Ruth

1:32.0

Simon.

1:32.8

Ruth, what kind of an impact are these scammers having on small businesses?

1:37.8

It's really hard for the businesses.

...

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