Japan allocates $5.2bn to fund chip plants by TSMC and others

Micron and Kioxia set to get subsidies for domestic memory chip factories

20211123 TSMC

The Japanese government has made plans to ensure a stable domestic supply of microchips. (Photo courtesy of TSMC)

Nikkei staff writers

TOKYO -- Japan is allocating about 600 billion yen ($5.2 billion) of its fiscal 2021 supplementary budget to support advanced semiconductor manufacturers, Nikkei has learned.

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