Japan outspends U.S., Germany on chip subsidies as share of GDP

0.71% figure is highest, even as America provides more support in value terms

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Japan has decided to spend nearly $26 billion over three years to support the domestic semiconductor industry. (Photo by Nikkei)

KAZUHIRO OGAWA, Nikkei staff writer

TOKYO -- Japan is proportionately spending more heavily to support its semiconductor sector than the U.S. and other major Western nations are on theirs, data presented at a key government panel here Tuesday shows.

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