[1/2] The logo of NTT (Nippon Telegraph and Telephone Corporation) is displayed at the company office in Tokyo, Japan September 29, 2020.
REUTERS/Issei KatoTOKYO, Nov 10 (Reuters) - Japanese companies, including Nippon Telegraph and Telephone Corp (9432.T) and Kioxia Holdings Corp, have decided to invest in a new government-backed company that aims to mass-produce next-generation logic semiconductors, TV Tokyo reported on Thursday.
Other companies, including Toyota Motor Corp (7203.T), Sony Group (6758.T), SoftBank (9434.T) and Denso Corp (6902.T), also plan to invest about 1 billion yen ($6.84 million) each into the new company, the Nikkei newspaper reported separately.
Japan's government will set up a new research centre by the end of 2022 to develop sub 2-nanometer semiconductors, which will be led by a former Tokyo Electron Ltd (8035.T) president, TV Tokyo also said.
($1 = 146.2800 yen)Reporting by Kantaro Komiya; Editing by Jan Harvey and Jane MerrimanOur Standards: The Thomson Reuters Trust Principles.