Japan Lays Out ‘National Project’ for Chips After Lost Decades
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Japan will seek to “drive growth” in the nation’s chip industry, trying to breathe new life into a sector with massive capacity, but trouble turning out cutting-edge products.
The Ministry of Economy, Trade and Industry said in a report Friday that it would treat semiconductor industry growth as a “national project” -- as important as securing food and energy. The government will support the establishment of manufacturing bases in Japan including through joint ventures with overseas chip foundries, METI said.