The Japanese government will allocate up to
In a bid to secure a stable supply of chips, the government backed the plan by
Amid global chip shortages,
The construction of the plant capable of producing 55,000 12-inch wafers per month started at a 213,000-square-meter lot in April. About 1,700 people are expected to work at the chip manufacturing and research facility.
"We are hoping that it will continuously contribute to the development of the semiconductor industry for the future, in addition to resilience of the semiconductor supply chain in our country," Hagiuda said at a press conference.
He also said the ministry, local companies and educational institutions are trying to cultivate semiconductor talent as securing necessary human resources becomes increasingly important in an era of digitalization and decarbonization.
Since TSMC has offered its support for developing such talent in
Shimizu also said the venture has become the "impetus" for the cultivation of new talent in the field, while TSMC CEO
The
==Kyodo
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