Japanese authorities want to revive the domestic semiconductor industry. For this purpose, the Ministry of Economy, Trade and Industry has prepared more than $13 billion.
What is known
According to Nikkei, the authorities of the Land of the Rising Sun are ready to invest approximately $13.4 billion over two years. The American company Micron Technology and the Taiwanese giant TSMC will receive the most.
Micron wants to modernize its existing plant in Hiroshima. The American company is ready to invest approximately $3.35 billion, and financial support from the Japanese government will amount to $1.29 billion. Here, the company wants to organize the production of the most advanced DRAM memory chips by 2026.
The Taiwanese company TSMC will receive $3.2 billion. It has a plant in the west of the Land of the Rising Sun. Another $615 million of budget funds will be received by Kioxia and Western Digital, which have a joint venture in Mie Prefecture.
Source: Nikkei Asia
2023-10-02 17:08:29
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