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Japan to boost scrutiny over foreign investments in chips, batteries

Government to expand 'core' sector list to bolster economic security

Japan is working to protect domestic supply chains of strategic products, like semiconductors. (Photo by Masayuki Kozono)

TOKYO -- Japan plans to add nine new fields, including semiconductors and storage batteries, to the list of "core" business sectors that require tougher pre-screening for foreign investors, the Finance Ministry announced Thursday.

The change is expected to take effect as early as summer. It will expand the core list to include all 11 items designated as critical under Japan's economic security law.

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