Business Mission "EU Business Hub @ Semicon Japan 2024"

The Ruse Chamber of Commerce and Industry presents information about the business mission EU Business Hub @ Semicon Japan 2024, which will take place from December 9 to 13, 2024. This event is your portal to innovation in Japan.

What is it?

Thanks to the EU Business Hub @ Semicon Japan 2024, 50 European small and medium enterprises (SMEs) will visit Japan and start their internationalization in the digital solutions sector. Participants will join Semicon Japan, a high-end trade show that brings together semiconductor manufacturing technology companies, processes and their diverse applications. The exhibition in the winter of 2023 was visited by over 85,000 participants.

Target audience

The EU Business Hub @ Semicon Japan 2024 represents a valuable opportunity to:

• European SMEs and Japanese enterprises engaged in the semiconductor sector, including components (eg connectors, pumps, cables, sensors, etc.), production equipment, inspection equipment, metal processing, cutting and coating, surface treatment.
• European SMEs and Japanese enterprises providing innovative technologies, processes and applications related to semiconductors, including but not limited to quantum computing, power electronics, smart mobility and more.
• Japanese buyers, distributors and R&D partners in the public and private sectors.
• Japanese investors.

Business Mission Program

The business mission in Tokyo will last five days, including three days dedicated to business meetings and networking events and one study visit. The program of the business mission is as follows:

• Day 1: Arrival in Tokyo, welcome and networking event.
• Day 2: Briefing session, guest lectures, study visit.
• Day 3: Exhibition & Networking Event @ Semicon Japan.
• Day 4: Exhibition & Networking Event @ Semicon Japan, Networking Reception.
• Day 5: Exhibition and networking event @ Semicon Japan, closing session.

Benefits for EU participants

If selected, each European SME participating in the program will receive:

• Business meetings: pre-arranged personal meetings with carefully selected Japanese businesses.
• Market information.
• Cultural and language support.
• Financial support for additional customized services co-financed by the project (eg translation, legal advice, stand decoration).
• Hotel accommodation (Grand Nikko Tokyo Daiba) for four nights. The total cost of accommodation up to 1000 euros is covered by the program.
• Covering the exhibition participation fee @ Semicon Japan.

Key market advantages

Participation in the EU Business Hub @ Semicon Japan 2024 represents a significant opportunity for European SMEs because:

• Japan is the second largest economy in Asia and the third largest in the world.
• EU exports to Japan in 2023 amount to €64 billion in goods and €36.3 billion in services.
• Japan is the EU's seventh largest trading partner for goods and the second largest Asian trading partner after China.
• Japan ranks 5th in the OECD's Digital Governance Index.
• Japan is home to leading technology companies engaged in the semiconductor and equipment manufacturing sectors. In 2022, the Japanese semiconductor market was valued at around $48.2 billion and is expected to grow to nearly $49.3 billion by 2024.
• The semiconductor industry is a priority for the Japanese government, which approved a ¥774 billion package for semiconductor investment.

For more information and to apply, contact us by email info@rcci.bg. RTIC members are invited to contact us for further information and assistance. The deadline for submission of documents is August 16, 2024. We believe that this event would be extremely useful for our members, providing them with the opportunity to expand their business prospects and build valuable international connections.