South Korea's industry ministry and SoftBank's chip unit, Arm Holdings, have signed an agreement to strengthen the country's semiconductor and Artificial Intelligence sectors, a presidential policy adviser said on Friday.
Eutelsat has seen its share price drop after reports SoftBank cut its stake in company. Eutelsat is the owner of the satellite internet provider OneWeb, which it merged with in 2023 in a bid to challenge Starlink's dominance in the market.
Masayoshi Son said SoftBank sold Nvidia only to bankroll new AI bets, including OpenAI and data centers. SoftBank has doubled down on its AI plans this year with a flurry of projects.
| - Industry | - Sector | Mr. Junichi Miyakawa CEO | OTC PINK Exchange | 83405K102 CUSIP |
| JP Country | 55,400 Employees | 27 Mar 2024 Last Dividend | - Last Split | - IPO Date |
SoftBank Corp., headquartered in Tokyo, Japan, encompasses a wide range of activities in the telecommunication and information technology sectors across Japan, with its operations expanding through various business segments including Consumer, Broadband, Electricity, Yahoo/LINE Business, Financial, and Other Business. Originally founded in 1984, the company underwent a name change from SoftBank Mobile Corp. to SoftBank Corp. in May 2015, reflecting its broadened focus beyond mobile services. As a conglomerate, SoftBank Corp. participates in a diversified array of services from mobile communication, broadband, and energy sales to internet services, offering innovative solutions tailored to both individual consumers and enterprise clients.
Consumer Services: SoftBank Corp. is a prominent player in the consumer telecommunications space, offering an array of mobile services under well-known brands such as SoftBank, Y!mobile, LINE MOBILE, and LINEMO. They also market a variety of mobile devices including smartphones and tablets. Beyond mobile, SoftBank provides high-speed Internet broadband services branded as SoftBank Hikari, alongside the sale and rental of customer-premises equipment necessary for these services. Additionally, the company is involved in the electric power distribution, buying and selling electricity to consumers.
Enterprise Services: Catering to businesses, SoftBank offers comprehensive solutions encompassing mobile, voice, fixed-line communication, and data transmission services. This includes telecommunications consulting, construction services for telecommunication infrastructure, as well as rental and maintenance of telecommunications facilities. Their offerings also extend to the sale and rental of telecommunications equipment suited for a variety of business needs, including data centers and housing.
Distribution Services: This segment focuses on providing information and communication technology hardware, software, and services. It caters to enterprise customers with a portfolio including cloud services and Internet of Things (IoT) products. For individual customers, it offers PC software, IoT devices, and mobile accessories, coupled with online business solutions and service planning for small and medium-sized businesses as well as government clientele.
Yahoo/LINE Business: The Yahoo segment of SoftBank plays a critical role in internet-based services, specializing in advertising, information listing, and corporate services. It also handles settlement and finance-related services, tailoring its offerings to both small, medium-sized businesses, and individuals. The integration of LINE services enhances SoftBank's ability to plan and sell internet services effectively, broadening its reach and strengthening its market presence in the digital realm.