TOKYO -- Japan said Friday it will provide 536 billion yen ($3.63 billion) to U.S. chipmaker Micron Technology for research and development and capital spending at its Hiroshima plant, with the goal of mass-producing advanced memory chips.
Subsidies cover memory development, mass production at Hiroshima plant

Micron Technology aims to start shipping advanced memory chips from its Hiroshima plant as early as 2028. (Photo by Yuka Furubayashi)
TOKYO -- Japan said Friday it will provide 536 billion yen ($3.63 billion) to U.S. chipmaker Micron Technology for research and development and capital spending at its Hiroshima plant, with the goal of mass-producing advanced memory chips.