Nov 24, 2021

TSMC To Receive $3.47 Billion In Subsidies From Japan Government For $7 Billion Chip Factory It Will Set Up In Kumamoto

Posted by in categories: computing, government

TSMC getting half their factory paid for by the Japan government shows how concerned governments are getting about the fact that we are down to 3 companies in the world that can make high-end chips. Sony is also contributing $500 million to this factory in addition to the Japan government money.

Japan will provide 600 billion yen ($5.2 billion) as part of its fiscal 2021 supplementary budget to support advanced semiconductor manufacturers.

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