TOKYO -- Japan will pull out every policy stop to court overseas semiconductor companies, including offering generous financial incentives, under a draft growth strategy released Wednesday, joining the global race to secure supplies of the crucial component.
"Japan will swiftly match efforts by other countries to attract cutting-edge chipmaking facilities so it can build a secure supply chain at home," said the document presented to a Cabinet Office strategy meeting. The Cabinet is slated to approve the document by the end of the month.
