As a target of ¥3.2 trillion in combined public- and private-sector investment in Hiroshima's semiconductor industry by 2040 is being set, Micron's plant is already located in the area and momentum for large-scale investment is building. However, many challenges remain for companies seeking to enter the broader semiconductor supply chain.
The government has set a target of cumulative public- and private-sector investment of ¥3.2 trillion by 2040, looking beyond the 2030s to the future of Hiroshima's semiconductor industry cluster. Local political and business leaders have positioned semiconductors as a growth industry for the region and expect local companies to enter the sector.
Around Higashihiroshima, where semiconductor giant Micron Technology's Hiroshima plant is located, activity is expected to spread in response to the economic windfall brought by Micron. However, challenges remain in integrating local companies into the global supply chain.