NTT, Kioxia to invest in new Japan-backed logic semiconductor firm - TV Tokyo

TOKYO (Reuters) - Japanese firms including Nippon Telegraph and Telephone Corp and Kioxia Holdings Corp have decided to invest in a new government-backed company that aims to mass-produce next-generation logic semiconductors, TV Tokyo reported on Thursday.

Japan's government will set up a new research centre by the end of 2022 to develop sub 2-nanometer semiconductors, which will be led by a former Tokyo Electron Ltd president, TV Tokyo also said.

(Reporting by Kantaro Komiya; Editing by Jan Harvey)