Sony and other Japan chipmakers to spend $30bn in production race

Top eight companies seek to regain ground in cutting-edge products

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Japan looks to become a leader in advanced chips for AI and EVs. (Photo by Masayuki Kozono)

RYO MUKANO, Nikkei staff writer

TOKYO -- Major Japanese semiconductor makers including Sony Group and Mitsubishi Electric are planning around 5 trillion yen ($31 billion) in capital investments through 2029, as they move to boost production of power devices and image sensors.

Nikkei compiled capital investment plans for the fiscal 2021 to fiscal 2029 period by Japan's eight major chipmakers: Sony Group, Mitsubishi Electric, Rohm, Toshiba, Kioxia Holdings, Renesas Electronics, Rapidus and Fuji Electric.

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