Taiwan's Powerchip considering 5 sites in Japan for $5.4 billion factory
Taiwan chipmaker Powerchip Semiconductor Manufacturing Corp is considering around five sites in Japan, including Mie prefecture, for setting up a potential $5.4 billion factory as talks on subsidies progress, sources said. Powerchip announced in July it was setting up a joint venture with Japanese financial firm SBI Holdings with the aim of securing government subsidies to build a plant in Japan. The total cost of the factory is expected to be around 800 billion yen ($5.35 billion), one source s