Japan allocates $5.2bn to fund chip plants by TSMC and others
According to Nikkei, Japan is devoting 600 billion yen ($5.2 billion) from its fiscal 2021 extra budget to boost advanced semiconductor producers.The government wants to invest around 400 billion yen in a new facility in Kumamoto Prefecture, southwest Japan, built by Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker. The remaining 200 billion yen will be used to build new plants, with projects being considered by Micron Technology in the United States and Kioxia Holdings in Japan. The Japanese government is considering including semiconductors as a new focus a...