ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintTitle ChevronIcon Twitter
Technology

Toshiba plans $320m AI research hub to spearhead recovery

New complex will bring together 3,000 experts in pursuit of breakthrough

Toshiba's new R&D complex in Kawasaki includes a 12-story tower, as seen in an artist rendering.

TOKYO -- Toshiba will spend around 34 billion yen ($321 million) on a new research and development complex in Japan geared toward artificial intelligence and security technologies.

A portion of an existing R&D center in Kawasaki, near Tokyo, will be rebuilt for the first time in its six-decade history. The new complex will consist of two buildings, including a 12-story tower, and accommodate about 3,000 people -- more than double the current size and capacity.

The planned complex will bring together personnel involved in AI and quantum cryptography, ranging from basic research to business application. Construction will begin in January 2022, with the opening slated for April 2023. Other R&D facilities at the Kawasaki site as well as elsewhere in greater Tokyo are expected to be consolidated.

Having dealt with an accounting scandal and given up on its American nuclear ambitious, Toshiba is finally enjoying an earnings recovery. Group operating profit for fiscal 2019 more than tripled on the year to 130.5 billion yen. But the group has shed some core operations, such as the prized memory chip business, and seeks to use the new R&D complex to develop the next growth engine.

The current R&D center has played a key role in Toshiba's long history of developing electronic and technology products, including the world's first DVD player and NAND flash memory as well as the first Japanese-language word processor.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends October 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to Nikkei Asia has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more