Japan to strengthen domestic chip production under growth strategy

Politics Economy

Japan drafted on Wednesday a new economic growth strategy with a strong focus on enhancing domestic development and production of cutting-edge semiconductors, one of the country's vulnerable sectors uncovered during the coronavirus pandemic. Under the annual growth plan covering a range of areas including vaccine strategy and information security, the government aims to "build a system which ensures a steady semiconductor supply" and reduce the country's dependence on foreign manufacturers by offering research funding and encouraging chipmakers to build factories in Japan. The government will ...

Kyodo News

Kyodo News