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Japan to pay up to $320M for US company's chip production - New Delhi Times - India Only International Newspaper

Japan is providing a major U.S. chipmaker a subsidy of up to 46.6 billion yen ($322 million) to support its plan to produce advanced memory chips at a Hiroshima factory, the Japanese trade minister said Friday. The announcement to subsidize Micron Technology comes on the heels of U.S. Vice President Kamala Harrisโ€™ visit in Japan…
United States South Korea Yasutoshi Nishimura Rahm Emanuel Fujitsu Ltd Digital Corp

Japan to pay up to $320M for US company's chip production

Japan said it is providing a major U.S. chipmaker a subsidy of up to $322 million to back its plan to produce advanced memory chips at a Hiroshima factory. The two countries are stepping up cooperation on expanding manufacturing and supply chains for critical materials. Japanโ€™s Economy and Trade Minister Yasutoshi Nishimura said the government approved the Micron Technologies deal under a law related to economic security. The announcement follows U.S. Vice President Kamala Harrisโ€™ visit in J...
United States South Korea Yasutoshi Nishimura Fujitsu Ltd Associated Press Tech Group
Source: kob.com

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