Japan Focusing on Attracting Semiconductor Manufacturing, Japanese Official Says
Japan plans to place more of an emphasis on attracting and keeping semiconductor manufacturing and its supply chains, according to an unofficial translation of a transcript of a May 12 press conference held by Japan’s Ministry of Economy, Trade and…
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Industry. Japan said it will put more money into research and development of semiconductors to attract high-tech chip making. “It is extremely important for Japanese industry to secure the cutting-edge semiconductors needed for post-5G,” a ministry official said. “[W]e are aware that we have to work on these things, and in terms of the coronavirus [pandemic], think about how to firmly reorganize the supply chain.” The U.S. also wants to attract semiconductor supply chains as the administration steps up export restrictions with regard to China (see 2005060017 and 2005050035).