Japan's Kishida unveils tax breaks to foster domestic chip production

Government to weigh extension of subsidies to ease inflation pain

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Japanese Prime Minister Fumio Kishida on Sept. 25 set out the main points of the government's planned stimulus package. (Photo by Uichiro Kasai)

HIROYUKI AKIYAMA, Nikkei staff writer

TOKYO -- Japanese Prime Minister Fumio Kishida on Monday announced the outline of an economic stimulus plan featuring tax breaks to spur domestic investment in such areas as semiconductors and batteries, along with measures to spur wage growth.

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