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Top related persons:
Sumco - 1 Taiwan's TSMC - 1 Sam Nussey - 1 Richard Chang - 1
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TOKYO Japan
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Sumco Corp - 1 Nikkei - 1 Ministry - 1 Economy - 1 Trade - 1 Industry - 1 Thomson - 1

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4 mentions found


☆ Japan to give Sumco $530 mln to boost wafer capacity -Nikkei
  + stars: | 2023-07-10 | by ( ) www.reuters.com   time to read: 1 min
TOKYO, July 11 (Reuters) - Japan will give Sumco Corp (3436.T), a major producer of silicon wafers, a subsidy of up to 75 billion yen ($530 million) to fund additional capacity as part of efforts to bolster the country's semiconductor industry, the Nikkei newspaper reported. Sumco plans to invest 225 billion yen in factory buildings and equipment, with the subsidy from Japan's METI (Ministry of Economy, Trade and Industry) covering a third of the cost, Nikkei said. Japan has been subsidising chipmakers and suppliers, including Taiwan's TSMC (2330.TW), to reinvigorate the industry domestically and as countries extend control over a supply chain vital to key sectors. ($1 = 141.3300 yen)Reporting by Sam Nussey; Editing by Richard ChangOur Standards: The Thomson Reuters Trust Principles.
Persons: Sumco, Taiwan's TSMC, Sam Nussey, Richard Chang Organizations: Sumco Corp, Nikkei, Ministry, Economy, Trade, Industry, Thomson Locations: TOKYO, Japan
☆ Japan to restrict chipmaking equipment exports as it aligns with US China curbs
  + stars: | 2023-03-31 | by ( ) www.reuters.com   time to read: +4 min
Japan, home to major global chip equipment makers such as Nikon Corp (7731.T) and Tokyo Electron Ltd (8035.T), did not specify China as the target of those measures, saying equipment makers will need to seek export permission for all regions. Japan and the Netherlands in January agreed join the U.S. in restrict chipmaking equipment exports to China that could be used to manufacture sub-14 nanometre chips, but did not announce the pact to avoid provoking Beijing, sources earlier said. The Netherlands' government in a letter to parliament this month said it plans to restrict chipmaking equipment exports. The ministry said it will impose export controls on six categories of equipment used in chip manufacturing, including cleaning, deposition, lithography and etching. Tokyo Electron and Screen were little changed.
☆ Rapidus picks northern Japan's Chitose as semiconductor plant location
  + stars: | 2023-02-28 | by ( ) www.reuters.com   time to read: +1 min
TOKYO, Feb 28 (Reuters) - Japan's state-backed Rapidus said on Tuesday it would build its semiconductor plant in Chitose, a manufacturing hub on the nation's northern island of Hokkaido. The factory and a Taiwan Semiconductor Manufacturing Co (2330.TW) plant under construction on the southern island of Kyushu are the key pillars of Japan's strategy to boost its capability to make more advanced chips and shield itself from supply chain snarls. Rapidus Chairman Tetsuro Higashi told Reuters this month that the company would need about 7 trillion yen ($51.4 billion) of mostly taxpayer money to begin mass producing advanced logic chips around 2027. Chitose, a city of about 100,000 people, already hosts a wide range of factories run by major manufacturers including silicon wafer maker SUMCO Corp (3436.T) and auto components maker Denso Corp (6902.T). ($1 = 136.1500 yen)Reporting by Kiyoshi Takenaka and Mayu Sakoda; Editing by Edwina GibbsOur Standards: The Thomson Reuters Trust Principles.
☆ Rapidus to build chip factory in Chitose, northern Japan -media
  + stars: | 2023-02-21 | by ( ) www.reuters.com   time to read: +1 min
TOKYO, Feb 21 (Reuters) - Japan's state-backed chip venture Rapidus plans to build its first factory in Chitose city on Japan's northernmost major island of Hokkaido and is likely to make an announcement as early as next week, TV Tokyo reported on Tuesday. Chitose, a city of approximately 100,000 people in southwestern Hokkaido, already hosts manufacturing facilities of silicon wafer maker SUMCO Corp (3436.T), among others. A Rapidus spokesperson said nothing has been decided yet on the location. Rapidus told Reuters earlier this month that it would need about 7 trillion yen ($52 billion) of mostly taxpayer money to begin mass-producing advanced logic chips in around 2027.read more($1 = 134.8100 yen)Reporting by Kaneko Kaori, Mayu Sakoda and Kiyoshi Takenaka; Editing by Alex Richardson and Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.
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