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Japan allocates $5.2bn to fund chip plants by TSMC and others

Micron and Kioxia set to get subsidies for domestic memory chip factories

The Japanese government has made plans to ensure a stable domestic supply of microchips. (Photo courtesy of TSMC)

TOKYO -- Japan is allocating about 600 billion yen ($5.2 billion) of its fiscal 2021 supplementary budget to support advanced semiconductor manufacturers, Nikkei has learned.

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