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Micron to invest $3.6bn in Japan for DRAM chips: CEO

State-of-the-art production line to be built in Hiroshima prefecture

Sanjay Mehrotra, Micron Technology's CEO, said his company will be investing an additional 500 billion yen in a chipmaking plant in the western Japan prefecture of Hiroshima.

TOKYO -- Micron Technology, a U.S. chipmaker, will invest up to 500 billion yen ($ 3.6 billion) in Japan over the next few years, including a plant in Hiroshima prefecture that makes DRAM chips.

With support from the Japanese government, the company will install a state-of-the-art manufacturing line at its plant in Hiroshima.

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