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Business Spotlight

Japan's chip industry squeezed as foreign governments boost investment

After shrinking for three decades, industry approaches moment of truth

MITSURU OBE, Nikkei Asia chief business news correspondent | Japan

TOKYO -- Shozo Saito, a 71-year-old former CEO of Toshiba's electronic device group, has long been frustrated about the decline of Japan's semiconductor industry. "Japanese chipmakers are becoming less competitive," Saito laments.

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