TECH - TSMC Expansion in Japan Gets Financial Lift with ¥2T Government Fund | Benzinga
Japan looks to earmark ¥2 trillion ($13.3 billion) in additional budget to boost its domestic semiconductors manufacturing position.
Of the total, about ¥760 billion will go into a fund to support the mass production of chips, which could help a second Taiwan Semiconductor Manufacturing Co (NYSE: TSM) factory in Kumamoto, southwestern Japan, Bloomberg cites familiar sources.
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