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Will Japan's semiconductor sector receive 50 trillion yen investment by 2030?
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Official government reports or financial disclosures confirming investment levels
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Japan's $65 Billion Boost for Chips, AI: Nikkei Reports on Rapidus' 2nm Ambition
Nov 11, 2024, 08:51 PM
Japan's government has announced a comprehensive economic package aimed at bolstering its domestic chip and artificial intelligence (AI) industries. Prime Minister Shigeru Ishiba has pledged over $65 billion in support for these sectors by the fiscal year 2030. This initiative includes a proposal for a total investment of 50 trillion yen, combining public and private funds, over the next decade to enhance Japan's semiconductor sector. The plan also involves providing more than 10 trillion yen specifically for chip and AI support, aiming to attract significant investments without increasing taxes. The Nikkei reported on this initiative, highlighting Japan's ambition to rival Taiwan Semiconductor Manufacturing Company (TSMC) with Rapidus aiming to produce 2nm chips.
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Infrastructure Development • 25%
Research and Development • 25%
Workforce Training • 25%
Supply Chain Enhancements • 25%
Mass production of new chip technology • 25%
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Major international partnership • 25%
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SiC Power Technologies • 25%
Advanced Electronic Components • 25%
R&D for New Semiconductor Materials • 25%
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Consumer Electronics • 25%
Telecommunications • 25%
Healthcare • 25%
United States • 25%
South Korea • 25%
European Union • 25%
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