TOKYO (Reuters) – Japan wants Taiwan Semiconductor Manufacturing Co. Ltd. (TW 🙂 or invite other global chip manufacturers to build an advanced chip manufacturing facility together with local chip manufacturers, the daily Yomiuri reported on Sunday.
The Japanese government hopes to leverage global chip makers' expertise to rejuvenate the backward domestic chip industry as advanced chip technologies become a focus on national security issues, Yomiuri said.
The government plans to offer several hundred billion yen or the equivalent of several billion dollars over several years to foreign chip manufacturers who join the project, without citing sources.
The report did not include a schedule for the project.
TSMC did not immediately respond to an email request on Sunday. The Japanese Ministry of Industry did not answer any calls.
TSMC, the world's largest contract chip maker, unveiled plans for a $ 12 billion facility in the United States in May. This is an obvious win for the Trump administration's efforts to push global technology supply chains out of China.
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