Japan supports chip factory construction with extra budget – Kyodo

Texas News Today

FILE PHOTO: The Japanese yen banknote can be seen in this illustration photo taken on June 1, 2017. Reuters / Thomas White / Illustration / FILE PHOTO

8 October 2021

TOKYO (Reuters) – The Japanese government is looking at spending hundreds of billions of dollars to build a semiconductor factory with an exciting budget this year, Kyodo News reported on Friday.

Prime Minister Fumio Kishida earlier in the day directed the cabinet to raise an additional budget and deliver an economic package to address the pain of the coronavirus pandemic.

(Reporting by Daniel Roysink, Edited by Ritsuko Ando)

Japan supports chip factory construction with extra budget – Kyodo

Source link Japan supports chip factory construction with extra budget – Kyodo

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