Japan will spend 350 billion yen on next-generation semiconductor development research cooperation

Japan plans to budget 350 billion yen (2.38 billion U.S. dollars) to cooperate with the United States in the development and research of next-generation semiconductors.

The latest bill also includes a 1 trillion yen budget to diversify supply chains for batteries, permanent magnets, and rare earth. Japanese Prime Minister Fumio Kishida announced that he will invest 3 trillion yen in next-generation fields including semiconductors, and investment in batteries and robots is expected to be slightly less than 1 trillion yen.

The joint research center will be established by the end of this year, with the goal of developing and having the ability to mass-produce advanced semiconductors with 2-nanometer chips in the second half of the 20s. The names and other details of the participating Japanese companies will be announced this month. The University of Tokyo, the National Institute of Advanced Industrial Science and Technology, and the Riken Research Institute, as well as companies and research institutions from the United States and Europe, will participate.

This expenditure is included in the second supplementary budget bill for this fiscal year, which will also include 450 billion yen for Japan's advanced semiconductor production center (if the 617 billion yen in last year's supplementary budget is included, The work will cost more than 1 trillion yen), and 370 billion yen to secure the materials necessary to make chips.

The Japanese government has approved subsidies for TSMC, Kioxia, and Micron Technology to build factories in Japan to produce semiconductors for data centers, artificial intelligence, and other cutting-edge technologies.

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