Japan Invests $530-M In Sumco Silicon Wafer Plants

Japan will subsidize new Sumco silicon wafer factories in the south by up to 75 billion yen ($530 million) as the government works to bolster the country's semiconductor supply chains, Nikkei Asia reported.

Photo Insert: Sumco expects investment for the new factory buildings and production equipment to total 225 billion yen.

Sumco expects investment for the new factory buildings and production equipment to total 225 billion yen, of which the Ministry of Economy, Trade and Industry will cover one-third.

The move comes as the government considers domestic mass production of semiconductor materials as vital for economic security, particularly given the threat to global supply chains posed by mounting Sino-American tensions.

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