Kishida Meets Chipmakers to Bring More Production to Japan
- Economic security, supply chain issues on G-7 summit agenda
- Japan betting on subsidies to revive domestic chip production
Fumio Kishida
Photographer: Shoko Takayasu/BloombergThis article is for subscribers only.
Prime Minister Fumio Kishida met with the heads of the world’s largest chipmakers on Thursday in Japan’s latest move to boost its domestic semiconductor sector amid a global rethink of economic security.
Executives from Micron Technology Inc. to Taiwan Semiconductor Manufacturing Co. told Kishida they would consider investing further in Japan, depending on the financial incentives offered and customer demand, according to Minister of Economy, Trade and Industry Yasutoshi Nishimura.