Japan's Economy, Trade and Industry (METI) Minister Ken Saito on Saturday 24 February 2024 confirmed that the Japanese government has agreed to grant a subsidy of 732 billion yen (US$4.86 billion) to Japan Advanced Semiconductor Manufacturing's (JASM) to build a second fab in Kumamoto.
Taiwanese contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) officially opened Japan's most advanced wafer fab in Kumamoto on Saturday 24 February 2024.
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