Japan said it will invest up to 70 billion yen ($500 million) in a new semiconductor company led by tech firms including Sony Group Corp and NEC Corp as it rushes to re-establish itself as a lead maker of advanced chips. | Reuters
Japan is also concerned that China may attempt to take control of Taiwan, the global hub for advanced chip production.
In July Japan also offered a 93 billion yen subsidy to help memory chip makers Kioxia Corp and Western Digital Corp expand output in Japan. In September it pledged to give U.S. chipmaker Micron Technology $46.5 billion yen so it can add production capacity at its plant in Hiroshima.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
National Grid Corp to appeal P5.1-M ERC fineNational Grid Corp. of the Philippines, the sole operator of the country’s power grid, intends to appeal the penalty levied by the ERC for alleged violations of the rules on securing reserve power or ancillary services. | jordeenelagare /PDI
Read more »
Monde Nissin 9-month core net income down 20.9% to P5.6BFood manufacturer Monde Nissin Corp. saw its earnings decline in the first nine months of 2022.
Read more »
Japan fetes Del Rosario, other Pinoys for strengthening tiesDel Rosario was conferred the highest honor, along with former Secretary of Finance Carlos G. Dominguez III, for being instrumental in building the Japan-Philippines bilateral relationship towards becoming a “strategic partnership.” READ:
Read more »
Japan, US hold joint arms drills amid China, North Korea worryTOKYO: Japan and the United States began a major joint military exercise on Thursday in southern Japan as the allies aim to step up readiness in the face of China's increasing...
Read more »
Japan decorates ex-PHL government officials, volunteers - BusinessMirrorTHE government of Japan announced the recipients of the 2022 Autumn Conferment of Japanese Decorations. In the Philippines, the following individuals were decorated on November 3, as confirmed by the Embassy of Japan. It has extended its government’s sincere congratulations, while commending their active roles in strengthening the close ties with the Philippines: Albert F.
Read more »