Japanese chip companies are investing billions of dollars and collaborating with foreign firms in line with new government policies that promote international partnerships. This move comes as Japan aims to boost its semiconductor industry and reduce its reliance on foreign suppliers.
The Japanese government sees the semiconductor market as a key industry for the country’s economic growth, and as such, they are encouraging companies to expand their global reach. Companies like Sony and Kioxia have already announced plans to invest billions in new facilities and partnerships with foreign companies.
One example of this is the recent partnership between Kioxia and Western Digital, a US-based company. The two companies have announced plans to jointly invest in a new semiconductor fabrication plant in Japan. This collaboration is seen as a way to strengthen Japan’s position in the global chip market and reduce its reliance on foreign suppliers.
In addition to partnerships with foreign companies, Japanese chip companies are also looking to expand their presence in overseas markets. This includes investments in new facilities and R&D centers in countries like the United States and Taiwan.
Overall, the Japanese government’s push for international collaboration in the semiconductor industry is seen as a positive step towards boosting the country’s technological capabilities and reducing its reliance on foreign suppliers. This new focus on outward-looking policies is expected to benefit both Japanese chip companies and the global semiconductor market as a whole.
Source
Photo credit www.nytimes.com