TOKYO -- AI-related investments have helped Japan's manufacturing industry enter a recovery, with the sector posting an 8% year-on-year net profit increase in the April-December 2024 period after a 6% decrease in April-September.
Business trends
Japan manufacturing rides AI boom to recovery with profits up 8%
Semiconductors among earnings drivers as automobiles and steel struggle
Sumitomo Electric had strong sales of optical devices and power cables stemming from AI data center demand. (Sumitomo Electric)
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