Economy Minister Ken Saito announced on Saturday that the Japanese government will provide Taiwan Semiconductor Manufacturing Co. with an additional 732 billion ($4.86 billion) in subsidies in order to expand its facility in Japan.
TSMC's New Kumamoto Factory to Boost Japan's Digital Transformation and Chip Supply
At the inauguration of TSMC's Kumamoto factory, Saito stated, "TSMC is Japan's most vital partner in achieving digital transformation, and its Kumamoto factory is a significant contributor to our stable procurement of cutting-edge logic chips, which are vital for the future of industries in Japan."
The largest chipmaker in Taiwan, the facility in Kumamoto, Kyushu, is expected to begin shipping logic processors for CMOS camera sensors and automobiles by the end of this year, as per Fortune. This will be made possible through a joint venture with renowned local corporations such as Toyota Motor Corp. and Sony Group Corp. 476 billion has already been allocated by the government for the factory.
The newly allocated funds will be utilized to develop an adjacent fabrication facility, which will be the first of its kind for the company in Japan. TSMC unveiled TSMC Fab-23 Phase 2, a project that aims to mass produce semiconductors as thin as 6 nanometers, earlier this month. Production is scheduled to commence in 2027.
Japan Invests Trillions to Attract Major Chipmakers, Aiming to Secure Domestic Supply
Japan has remunerated TSMC, Samsung Electronics Co., and Micron Technology Inc. with trillions of yen in order to secure a supply of chips utilized in automotive manufacturing and mobile phone production by relocating some operations to the country.
"Governments worldwide are engaging in intense competition by allocating substantial financial resources to ensure domestic chip supplies. Japan's investment of this magnitude is imperative for us to promote industry growth and ensure economic security," the minister explained. "I am certain that the rate at which we have implemented has astounded the rest of the world, and we have certainly gained insight from our previous errors."


TSMC CoWoS Capacity Forecast Raised as Mizuho Sees AI Server CPU Demand Surging Through 2027
Morgan Stanley Raises Tesla Q2 Delivery Forecast on Strong Europe and China Demand
Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan
Chip Stocks Rally as Samsung and SK Hynix’s $1.3 Trillion Investment Plan Boosts AI Optimism
Baidu Shares Rally as Kunlunxin Eyes $50 Billion Hong Kong IPO
Anthropic Brings Claude AI Models to Microsoft Azure Foundry With NVIDIA Blackwell GPUs
Microsoft Reportedly Plans New Job Cuts Across Sales, Consulting, and Xbox
Super Micro Employees Detained in Taiwan AI Server Export Investigation
Apple Challenges India Antitrust Probe, Says CCI Copied Rivals’ Claims in App Store Case
Meta CEO Zuckerberg Says AI Agent Development Has Slowed Despite Massive AI Investment
Nvidia Stock Rises as SemiAnalysis Sees AI Data Center Revenue Beating Wall Street Forecasts
Meta Stock Jumps as AI Cloud Expansion Challenges AWS, Microsoft, and Google
Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027
The government is ‘doubling down’ on its social media ban. But bigger penalties for platforms aren’t enough
OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks
Baige Online Shares Soar 333% in Hong Kong IPO Debut as AI Insurance Demand Lifts Chinese Listings
Smartphones are helping filmmakers tell the stories the movie industry overlooks 



