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TSMC's Japan project attracts over 20 participant companies

Japan semiconductor industry pitches in cutting-edge materials and equipment

A TSMC factory in Tainan, Taiwan. The world's largest contract chipmaker will set up an R&D facility in Ibaraki Prefecture, northeast of Tokyo. (Photo courtesy of TSMC)

TOKYO -- The Japanese government on Monday was set to finalize a plan in which it has enlisted Taiwan Semiconductor Manufacturing Co. to develop cutting-edge chipmaking technologies in Japan.

The Ministry of Economy, Trade and Industry has been concerned about the Japanese semiconductor industry's declining position in the global market, which led it to seek TSMC's cooperation.

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