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Japan's chip equipment makers scale up ahead of TSMC's arrival

Industry sees recovery down the road from current slump

V Technology begins full-fledged operations at its new Yokosuka plant Nov. 15. (Photo courtesy of V Technology)

TOKYO -- Japanese chipmaking equipment makers are building new factories at home, looking beyond a slump in chip demand to the arrival of Taiwan Semiconductor Manufacturing Co. and the electric-vehicle age.

V Technology begins full operations Tuesday at a factory and research center in the port city of Yokosuka, with investment totaling roughly 2 billion yen ($14.2 million).

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