The government announced that it will invest up to approximately ¥3 trillion in a plan to build a semiconductor manufacturing plant in New York State as the third tranche of investment in the United States. Economy, Trade and Industry Minister Akazawa (赤沢) said that cooperation between Japan and the United States would help strengthen supply chains.
The government announced plans to invest up to approximately ¥3 trillion in a semiconductor manufacturing plant planned for construction in New York State as the third tranche of investment in the United States.
This investment is the third tranche of a Japan-US investment framework valued at approximately ¥87 trillion, and Japanese companies are also showing interest. Multiple companies, including Tokyo Electron, are reportedly interested.
Economy, Trade and Industry Minister Akazawa (赤沢) said that cooperation between Japan and the United States would make it possible to build a resilient supply chain, adding that this would also contribute to Japan's economic security.