Japan invests $500 million in new semiconductor venture

Japan will invest an initial 70 billion yen ($500 million) in a new semiconductor venture led by tech firms including Sony Group and NEC to re-assert itself as a leading maker of advanced chips.

“Semiconductors are going to be a critical component for the development of new leading-edge technologies such as AI, digital industries and in healthcare.”reuters.com

• 1 source
• reuters.comJapan to invest $500 mln to manufacture advanced chips | ReutersTim Kelly, Elaine LiesNov 11, 2022

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