fbpx

Type to search

Tokyo to Set Conditions for Chip Plants – Japan News


Notice: Undefined index: imp_points in /var/www/asiafinancialcom/wp-content/themes/atf/single.php on line 130

Tokyo to provide 400 billion yen subsidy to Taiwan Semiconductor Manufacturing Co. to build plant in Kumamoto prefecture


Companies in Taiwan, home to the world's largest contract chipmaker TSMC, have said they expect tight supplies to continue this year and probably into 2023. File photo: AFP.

 

Japan plans to require semiconductor companies to commit to at least 10 years of continuous production as one of the conditions for receiving a state subsidy, The Japan News reported.

The government will provide a 400 billion yen ($3.5 billion) subsidy to leading chip manufacturer Taiwan Semiconductor Manufacturing Co (TSMC) to build a plant in Kumamoto prefecture.

Read the full report: The Japan News

 

READ MORE:

 

Global Semiconductor Industry Turns Into a Free-for-All – Caixin

 

SMIC struggles to keep up with semiconductor demand

 

Volkswagen Out to Double China EV Sales, If Chip Supply Allows

 

 

WATCH MORE:

 

George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

logo

AF China Bond