The following is the [XGNews]: Chip manufacturers such as TSMC are required to maintain production for at least 10 years recommended by xgapn.com.
It is reported that Japan provides subsidies to chip manufacturers to attract them to build factories in Japan; However, manufacturers may have to meet certain requirements to get subsidies. Japan is ready to require chip manufacturers’ factories to maintain production for at least 10 years.
Last month, Japan passed the chip subsidy bill, which will take effect as soon as March. Japan will provide $5.2 billion to subsidize chip manufacturers.
TSMC, which built a plant in Kumamoto County, will receive 400 billion yen (about US $3.47 billion) in subsidies. The chip factory, jointly built by TSMC and Sony, is scheduled to be mass produced by the end of 2024.
This month, Japan began soliciting suggestions from the public. Japan may put forward other requirements, such as increasing production capacity in case of shortage, guarding key technologies and continuous investment in subsidized factories.
If chip manufacturers want to get subsidies, they need to submit plans for new factories and obtain the approval of Japan’s Ministry of economy, industry and industry (METI). If the manufacturer deviates from the plan, the subsidy will be refunded.
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