Japan is currently stepping up efforts to boost local chip production. It is reported that the country has allocated a budget of 300 million dollars to enhance productivity in local chip manufacturing factories in order to compete in the chip sector, seen as the key to the future.
Japan is determined to increase chip production further
Japan’s Minister of Economy and Trade has confirmed that a special research center will be established for the necessary R&D activities to maximize chip production in the country. It is claimed that this center will significantly strengthen Japanese production capacity for various sectors, including artificial intelligence and nanotechnology.
As this high-budget initiative poses an economic risk for the private sector, the Japanese government has become involved and put forward a significant investment plan. According to this plan, chips of 2 nanometers and smaller will be produced within the next 5 years, forming the backbone of the country’s artificial intelligence sector.
However, private Japanese companies like LSTC, with government support, are also aiming to produce various artificial intelligence chips, especially for smartphones and electric cars. If these goals can be achieved within the planned time frame, we may see new Japanese companies competing with giant chip manufacturers like TSMC and Samsung.
What do you think about this issue? Do you think Japan can rise to the top in chip production? You can easily share your answers with us in the comments section below. Your opinions are valuable to us.
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