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SBI Holdings to help Taiwan's Powerchip build a plant in Japan
  + stars: | 2023-07-05 | by ( ) www.reuters.com   time to read: +2 min
TOKYO, July 5 (Reuters) - Financial firm SBI Holdings (8473.T) said on Wednesday it would help Taiwan's Powerchip Semiconductor Manufacturing Corp (6770.TW) establish a factory in Japan as the country looks to revive its chip industry. "This is the best possible time to enter chip manufacturing," Kitao said at a joint press conference with the Taiwanese company's chairman, Frank Huang. Powerchip is currently looking at three or four potential sites and manufacturing could begin two years after construction starts, Kitao added. Japan is also funding a homegrown venture, Rapidus, which says it plans to produce advanced logic chips from the middle of the decade with help from IBM Corp (IBM.N). Powerchip provides contract manufacturing services for logic and memory chips for power management to customers including MediaTek Inc (2454.TW), Taiwan's largest designer of mobile phone chips.
Persons: Yoshitaka Kitao, Kitao, Frank Huang, Powerchip, Miho Uranaka, Tim Kelly, Christopher Cushing, Jamie Freed, Louise Heavens Organizations: Financial, SBI Holdings, Semiconductor Manufacturing Corp, SBI, Taiwan Semiconductor Manufacturing, Sony Group, Denso Corp, Kioxia Corp, Western Digital Corp, chipmaker Micron Technology, IBM Corp, MediaTek Inc, Thomson Locations: TOKYO, Japan, Kumamoto prefecture, Hiroshima
Micron launches mass output of advanced chip in Japan
  + stars: | 2022-11-16 | by ( ) www.reuters.com   time to read: +1 min
TOKYO, Nov 16 (Reuters) - Memory chip maker Micron Technology (MU.O) on Wednesday kicked off mass production of its new high-capacity low-power 1-beta dynamic random access memory (DRAM) chips at its plant in Hiroshima, Japan. The production of Micron's most advanced chip, which can store a third more data than older chips, comes as Japan tries to revive and modernise its once-mighty chip industry. The Japanese government in September offered Micron a 46.5 billion yen ($332 million) to boost production capacity at its plant. In July it gave a 93 billion yen subsidy to rival memory chip makers Kioxia Corp and Western Digital Corp (WDC.O) to help it expand output at their joint factory Japan. ($1 = 140.2700 yen)Reporting by Tim Kelly; Editing by David Dolan and Elaine HardcastleOur Standards: The Thomson Reuters Trust Principles.
TOKYO, Nov 11 (Reuters) - Japan said on Friday it will invest up to 70 billion yen ($500 million) in a new semiconductor company led by tech firms including Sony Group Corp (6758.T) and NEC Corp (6701.T) as it rushes to re-establish itself as a lead maker of advanced chips. The new chip company will be named Rapidus and aims to begin making chips in the second half of the decade, he added. Japan is also concerned that China may attempt to take control of Taiwan, the global hub for advanced chip production. In July Japan also offered a 93 billion yen subsidy to help memory chip makers Kioxia Corp and Western Digital Corp (WDC.O) expand output in Japan. In September it pledged to give U.S. chipmaker Micron Technology (MU.O) $46.5 billion yen so it can add production capacity at its plant in Hiroshima.
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