As the third round of investment in the United States agreed by Japan and the United States last year, the government has agreed with the U.S. government to build a semiconductor plant in New York State. The project value is estimated at approximately ¥3.3 trillion, with an initial investment of approximately $10 billion. The plant will be operated by GlobalFoundries, with Tokyo Electron and Renesas Electronics expected to participate through product purchases and other activities.
As the third round of investment in the United States agreed by Japan and the United States last year, the government agreed with the U.S. government to build a semiconductor plant in New York State. The maximum project value is estimated at approximately $21 billion, or approximately ¥3.3 trillion. The government explained that construction is targeted to begin during 20XX.
The plant will be operated by GlobalFoundries, a major U.S. semiconductor contract manufacturer. The project is intended to strengthen the supply chain, including the supply network for materials in short supply, and it was indicated that small and medium-sized enterprises in both countries could also benefit through cooperation between Japan and the United States.
Among the Japanese companies expected to participate, Tokyo Electron is expected to be involved through the provision and purchase of semiconductor manufacturing equipment, while Renesas Electronics is reportedly coordinating its participation through product purchases. The government emphasized that the project would strengthen the supply chain.