Sony and other Japan chipmakers to spend $30bn in production race

Top eight companies seek to regain ground in cutting-edge products

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Japan looks to become a leader in advanced chips for AI and EVs. (Photo by Masayuki Kozono)

RYO MUKANO, Nikkei staff writer

TOKYO -- Major Japanese semiconductor makers including Sony Group and Mitsubishi Electric are planning around 5 trillion yen ($31 billion) in capital investments through 2029, as they move to boost production of power devices and image sensors.

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