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Which sector will see the highest growth in Japan due to the ¥65 billion chip initiative by end of 2025?
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Resolution / Starting Odds
Automotive • 25%
Consumer Electronics • 25%
Telecommunications • 25%
Healthcare • 25%
Economic reports from Japan's Ministry of Economy, Trade and Industry or independent economic analyses
Story
Japan Proposes $65 Billion Plan, ¥2 Trillion for AI, to Boost Chip Industry
Nov 11, 2024, 12:00 PM
Japan is set to unveil a comprehensive economic package that includes a significant investment in its domestic semiconductor industry. The government plans to propose a $65 billion initiative, which equates to about ¥2 trillion, aimed at bolstering the local chip sector. This package will also promote investments in artificial intelligence, with ¥2 trillion specifically allocated for AI development. The draft, seen by Reuters, outlines a call for a total of 50 trillion yen in public and private investment in the chip sector over the next decade.
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Domestic Public Funds • 25%
Domestic Private Funds • 25%
Foreign Investment • 25%
Other • 25%
SiC Power Technologies • 25%
Advanced Electronic Components • 25%
R&D for New Semiconductor Materials • 25%
Other Projects • 25%
Infrastructure Development • 25%
Research and Development • 25%
Workforce Training • 25%
Supply Chain Enhancements • 25%
Mass production of new chip technology • 25%
Significant export growth • 25%
Major international partnership • 25%
Other • 25%
Academic Institutions • 25%
Private Companies • 25%
Government Labs • 25%
Non-Profit Organizations • 25%
Yes • 50%
No • 50%
Semiconductors • 25%
Software • 25%
Automotive • 25%
Other • 25%
AI Technology • 25%
Semiconductors • 25%
Cybersecurity • 25%
Other • 25%
Toyota • 25%
Sony • 25%
Panasonic • 25%
Other • 25%
Semiconductor Manufacturing • 25%
AI and Software Development • 25%
Telecommunications • 25%
Renewable Energy • 25%