Japan earmarks $1bn in support for chip designers

Government looks to bolster industry beyond manufacturing

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Japan's industry ministry is focusing more on supporting chip design in its efforts to build up the industry. (Photo by Masayuki Kozono)

RIHO NAGAO, Nikkei staff writer

TOKYO -- Japan is preparing 160 billion yen ($1 billion) in government support for its chip design industry, moving further upstream from its early focus on production in a bid to play catch-up with the U.S. and China.

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