Home » world » Japan wants to support the chip industry with 12 billion euros – IT business

Japan wants to support the chip industry with 12 billion euros – IT business

by Alexandra Hartman Editor-in-Chief

2023-11-11 04:00:00

Japan wants to boost its own chip industry with a cash injection. A total of 2 trillion yen (around 12 billion euros) will flow into the sector, as the Japanese government announced on Friday. Part of the funds will be made available via a supplementary budget for the current fiscal year and will be used to support the Taiwanese chip manufacturer TSMC and the Japanese state-owned company Rapidus.

1699677082
#Japan #support #chip #industry #billion #euros #business

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Adblock Detected

Please support us by disabling your AdBlocker extension from your browsers for our website.